Boyd Group Services (NYSE:BGSI) Hits New 12-Month Low Following Weak Earnings

Shares of Boyd Group Services Inc. (NYSE:BGSI) hit a new 52-week low during mid-day trading on Thursday after the company announced weaker than expected quarterly earnings. The company traded as low as $74.80 and last traded at $75.09, with a volume of 9,472 shares trading hands. The stock had previously closed at $77.18.

The company reported $0.68 earnings per share for the quarter, missing analysts’ consensus estimates of $0.92 by ($0.24). Boyd Group Services had a net margin of 0.25% and a return on equity of 5.21%. The company had revenue of $1.01 billion during the quarter, compared to analysts’ expectations of $1.02 billion.

Boyd Group Services Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, October 28th. Investors of record on Wednesday, September 30th were given a dividend of C$0.16 per share. The ex-dividend date was Wednesday, September 30th. This represents a $0.62 dividend on an annualized basis and a yield of 0.8%. Boyd Group Services’s payout ratio is presently 93.48%.

Trending Headlines about Boyd Group Services

These are some of the BGSI headlines that stood out recently:

• Positive Sentiment: Revenue rose 28.2% to $1.01 billion, while adjusted EBITDA grew 34.3% to $132.1 million and adjusted EBITDA margin expanded to 13.0%. New locations contributed $206 million in revenue, alongside 2.2% same-store sales growth. Boyd Group Services Inc. Reports Third Quarter 2026 Results
• Positive Sentiment: Mizuho lowered its price target to $115 from $120 but kept its “outperform” rating, implying substantial potential upside from the price cited in the report. The target reduction tempers the positive signal. Mizuho stock recommendations
• Negative Sentiment: Adjusted earnings of $0.68 per share missed the $0.92 consensus estimate; revenue of $1.01 billion also came in below forecasts of about $1.02 billion. The earnings shortfall prompted a sharp selloff and is the clearest near-term headwind for the stock. Boyd Group Services misses Q3 estimates

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on the stock. Mizuho cut their price objective on shares of Boyd Group Services from $120.00 to $115.00 and set an “outperform” rating for the company in a research report on Thursday. Zacks Research raised Boyd Group Services from a “strong sell” rating to a “hold” rating in a research note on Tuesday, July 28th. Finally, Weiss Ratings upgraded Boyd Group Services from a “sell (d)” rating to a “sell (d+)” rating in a research report on Thursday, October 29th. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Boyd Group Services currently has a consensus rating of “Moderate Buy” and a consensus target price of $136.00.

Hedge Funds Weigh In On Boyd Group Services

Several large investors have recently made changes to their positions in BGSI. Bank of America Corp DE purchased a new position in Boyd Group Services during the 2nd quarter valued at about $7,999,000. Louisbourg Investments Inc. grew its position in Boyd Group Services by 48.7% in the 3rd quarter. Louisbourg Investments Inc. now owns 101,197 shares of the company’s stock valued at $7,967,000 after acquiring an additional 33,129 shares in the last quarter. Pillsbury Lake Capital LLC acquired a new position in Boyd Group Services in the 2nd quarter valued at about $10,492,841. Cibc World Market Inc. purchased a new stake in Boyd Group Services during the second quarter worth about $5,222,000. Finally, Man Group plc purchased a new stake in Boyd Group Services during the second quarter worth about $1,202,000. 0.17% of the stock is currently owned by institutional investors and hedge funds.

Boyd Group Services Price Performance

The firm has a market cap of $2.07 billion, a price-to-earnings ratio of 162.43 and a beta of 0.68. The company has a quick ratio of 0.46, a current ratio of 0.60 and a debt-to-equity ratio of 0.58. The company’s 50-day moving average price is $82.69 and its 200-day moving average price is $112.09.

About Boyd Group Services

Boyd Group Services Inc. operates collision repair and automotive glass businesses in the United States and Canada. Its services include vehicle collision repairs, paint and refinishing, auto glass repair and replacement, and related services. The company serves customers through brands including Gerber Collision & Glass in the United States and Boyd Autobody & Glass in Canada. Its repair centers work with vehicle owners, insurers and fleet operators. Boyd Group traces its roots to an auto body repair business established in Winnipeg, Manitoba, in 1990.