Boyd Group Services (TSE:BYD) Sets New 52-Week Low Following Analyst Downgrade

Boyd Group Services Inc. (TSE:BYD)’s share price reached a new 52-week low during mid-day trading on Thursday after Royal Bank Of Canada lowered their price target on the stock from C$267.00 to C$245.00. The company traded as low as C$129.74 and last traded at C$134.54, with a volume of 415568 shares trading hands. The stock had previously closed at C$152.86.

BYD has been the topic of a number of other research reports. Scotia dropped their target price on shares of Boyd Group Services from C$239.00 to C$231.00 and set a “sector outperform” rating on the stock in a research report on Thursday. TD Securities dropped their target price on shares of Boyd Group Services from C$290.00 to C$270.00 and set a “buy” rating on the stock in a research report on Thursday, March 19th. National Bank Financial dropped their target price on shares of Boyd Group Services from C$290.00 to C$265.00 and set an “outperform” rating on the stock in a research report on Friday, May 1st. Jefferies Financial Group dropped their target price on shares of Boyd Group Services from C$275.00 to C$250.00 in a research report on Thursday, March 19th. Finally, Desjardins dropped their target price on shares of Boyd Group Services from C$260.00 to C$240.00 and set a “buy” rating on the stock in a research report on Thursday. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and one has given a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Buy” and an average price target of C$237.14.

Insiders Place Their Bets

In other Boyd Group Services news, insider Brian Kaner acquired 1,180 shares of the stock in a transaction on Tuesday, March 31st. The shares were purchased at an average price of C$173.43 per share, for a total transaction of C$204,647.40. Following the completion of the acquisition, the insider owned 1,780 shares in the company, valued at approximately C$308,705.40. This represents a 196.67% increase in their position. Insiders own 0.37% of the company’s stock.

More Boyd Group Services News

Here are the key news stories impacting Boyd Group Services this week:

• Positive Sentiment: Boyd Group reported record first-quarter 2026 sales of $996.7 million and adjusted EBITDA of $122.4 million, helped by market-share gains, same-store sales growth, and a strategic acquisition. Article Title
• Neutral Sentiment: Despite the strong top-line and EBITDA results, the stock fell after earnings, suggesting investors were disappointed by profitability, margin expectations, or forward guidance. Article Title
• Neutral Sentiment: Royal Bank of Canada lowered its price target to C$245 from C$267, still implying significant upside, but the cut adds to the cautious tone around the stock. Article Title
• Negative Sentiment: A broad group of analysts cut their targets, including TD to C$190, BMO to C$200, CIBC to C$205, Stifel to C$205, Scotia to C$231, Desjardins to C$240, and ATB Cormark to C$245, which likely weighed on sentiment and contributed to the decline in BYD shares. Article Title

Boyd Group Services Stock Performance

The company has a debt-to-equity ratio of 119.31, a current ratio of 0.60 and a quick ratio of 0.30. The company’s fifty day simple moving average is C$177.96 and its two-hundred day simple moving average is C$208.88. The stock has a market cap of C$3.95 billion, a price-to-earnings ratio of 173.01, a P/E/G ratio of -56.72 and a beta of 0.75.

Boyd Group Services (TSE:BYD) last released its quarterly earnings data on Wednesday, May 13th. The company reported C$0.81 earnings per share for the quarter. Boyd Group Services had a net margin of 0.40% and a return on equity of 1.04%. The firm had revenue of C$1.39 billion for the quarter. On average, analysts forecast that Boyd Group Services Inc. will post 7.1452646 earnings per share for the current year.

Boyd Group Services Company Profile

Boyd Group Services Inc is a Canadian corporation and controls The Boyd Group Inc and its subsidiaries. Boyd Group Services Inc shares trade on the Toronto Stock Exchange (TSX) under the symbol BYD.TO and the New York Stock Exchange (NYSE) under the symbol BGSI. For more information on The Boyd Group Inc or Boyd Group Services Inc, please visit our website at https://www.boydgroup.com .