BGSIBoyd Group Services Inc.
The schedule
- Thu15Oct
Expected window for M&A updates as the company executes its strategic rollup of regional collision repair centers.
- Sat6Feb
Q3 2026 results and initial commentary on 2027 expectations, testing whether recent M&A integration is producing margin synergies.
- Sat8May
Q4 2026 reporting detailing full-year free cash flow generation, deleveraging progress, and the pace of new center openings.
- Mon10May
First-quarter 2027 financial performance, focusing on seasonal maintenance trends and the stabilization of organic revenue.
Past
- Sun20Sep
Mid-quarter evaluation of macroeconomic indicators impacting wage inflation and auto part supply costs for collision repair centers.
- Sun9Aug
Actual outcome: Bear · $83.26 at outcome
Boyd Group reported a Q1 earnings and revenue beat, featuring record sales of $996.7 million and a 51.9% increase in Adjusted EBITDA. However, same-store sales grew by only 1.7% (or 2% adjusted for weather), falling short of expectations for robust comp acceleration. This underlying weakness in same-store volumes overshadowed the headline financial beats, driving the stock below the $112 bear floor.
Boyd Group reported a Q1 earnings and revenue beat, featuring record sales of $996.7 million and a 51.9% increase in Adjusted EBITDA. However, same-store sales grew by only 1.7% (or 2% adjusted for weather), falling short of expectations for robust comp acceleration. This underlying weakness in same-store volumes overshadowed the headline financial beats, driving the stock below the $112 bear floor.
- Sat1Aug
Actual outcome: Bear
Boyd Group faced weaker-than-expected insurance reimbursement rate updates, struggling to secure sufficient pricing power with major carriers to offset rising wage and parts cost inflation. This inability to protect margins, coupled with concerns over rising write-offs, drove the stock significantly lower and through the bear floor.
Mid-year updates on insurance reimbursement rates and Boyd Group Services Inc.'s pricing power with major carriers will clarify how much margin protection the company has against wage and parts cost inflation. From a starting point around $120.00, a constructive reset in negotiated rates and evidence of disciplined discounts could support a move toward $135.00, while weaker-than-expected reimbursement trends or rising write-offs could push the stock down toward $135.00.
- Sat9May
Actual outcome: Bear · $104.22 at outcome
Boyd Group Services reported record Q1 revenue of $996.7 million and expanded adjusted EBITDA margins, largely driven by the recent acquisition of Joe Hudson's Collision Center. However, same-store sales grew by a modest 1.7%, indicating that underlying organic volume growth was relatively weak. The market looked past the headline earnings beat and focused on this sluggish same-store performance, sending shares below the bear floor as concerns over the stock's high valuation and organic execution materialized.
Q1 2026 results and the first detailed 2026 outlook will test whether Boyd Group Services Inc. can sustain mid-single-digit revenue growth while protecting margins despite wage and parts cost inflation. At a share price of $127.39 and a very high P/E, the stock needs clean execution and solid same-store sales growth to move toward $142.00; a miss on volumes, labor productivity, or cautious guidance could see shares retest the recent range lows near $115.00.
