Boyd Gaming Stock Price To Earning
BYD Stock | USD 72.33 0.81 1.13% |
Boyd Gaming fundamentals help investors to digest information that contributes to Boyd Gaming's financial success or failures. It also enables traders to predict the movement of Boyd Stock. The fundamental analysis module provides a way to measure Boyd Gaming's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Boyd Gaming stock.
Boyd | Price To Earning |
Boyd Gaming Company Price To Earning Analysis
Boyd Gaming's Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Current Boyd Gaming Price To Earning | 11.73 X |
Most of Boyd Gaming's fundamental indicators, such as Price To Earning, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Boyd Gaming is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Boyd Price To Earning Driver Correlations
Understanding the fundamental principles of building solid financial models for Boyd Gaming is extremely important. It helps to project a fair market value of Boyd Stock properly, considering its historical fundamentals such as Price To Earning. Since Boyd Gaming's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Boyd Gaming's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Boyd Gaming's interrelated accounts and indicators.
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Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
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Boyd Retained Earnings
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Based on the latest financial disclosure, Boyd Gaming has a Price To Earning of 11.73 times. This is 52.89% lower than that of the Hotels, Restaurants & Leisure sector and 51.67% lower than that of the Consumer Discretionary industry. The price to earning for all United States stocks is 59.16% higher than that of the company.
Boyd Price To Earning Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Boyd Gaming's direct or indirect competition against its Price To Earning to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Boyd Gaming could also be used in its relative valuation, which is a method of valuing Boyd Gaming by comparing valuation metrics of similar companies.Boyd Gaming is currently under evaluation in price to earning category among its peers.
Boyd Gaming ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Boyd Gaming's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Boyd Gaming's managers, analysts, and investors.Environmental | Governance | Social |
Boyd Fundamentals
Return On Equity | 0.29 | ||||
Return On Asset | 0.0938 | ||||
Profit Margin | 0.13 % | ||||
Operating Margin | 0.24 % | ||||
Current Valuation | 9.94 B | ||||
Shares Outstanding | 88.39 M | ||||
Shares Owned By Insiders | 30.33 % | ||||
Shares Owned By Institutions | 71.14 % | ||||
Number Of Shares Shorted | 2.89 M | ||||
Price To Earning | 11.73 X | ||||
Price To Book | 3.92 X | ||||
Price To Sales | 1.66 X | ||||
Revenue | 3.74 B | ||||
Gross Profit | 2.57 B | ||||
EBITDA | 1.18 B | ||||
Net Income | 620.02 M | ||||
Cash And Equivalents | 283.47 M | ||||
Cash Per Share | 2.42 X | ||||
Total Debt | 3.73 B | ||||
Debt To Equity | 2.42 % | ||||
Current Ratio | 0.76 X | ||||
Book Value Per Share | 18.37 X | ||||
Cash Flow From Operations | 914.52 M | ||||
Short Ratio | 3.44 X | ||||
Earnings Per Share | 5.26 X | ||||
Price To Earnings To Growth | 0.85 X | ||||
Target Price | 74.79 | ||||
Number Of Employees | 16.13 K | ||||
Beta | 1.56 | ||||
Market Capitalization | 6.39 B | ||||
Total Asset | 6.27 B | ||||
Retained Earnings | 1.74 B | ||||
Working Capital | (67.01 M) | ||||
Current Asset | 257.23 M | ||||
Current Liabilities | 355.07 M | ||||
Annual Yield | 0.01 % | ||||
Five Year Return | 1.35 % | ||||
Net Asset | 6.27 B | ||||
Last Dividend Paid | 0.67 |
About Boyd Gaming Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Boyd Gaming's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Boyd Gaming using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Boyd Gaming based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Boyd Gaming is a strong investment it is important to analyze Boyd Gaming's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Boyd Gaming's future performance. For an informed investment choice regarding Boyd Stock, refer to the following important reports:Check out Boyd Gaming Piotroski F Score and Boyd Gaming Altman Z Score analysis. For information on how to trade Boyd Stock refer to our How to Trade Boyd Stock guide.You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
Is Hotels, Restaurants & Leisure space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Boyd Gaming. If investors know Boyd will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Boyd Gaming listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.065 | Dividend Share 0.67 | Earnings Share 5.26 | Revenue Per Share 40.123 | Quarterly Revenue Growth 0.064 |
The market value of Boyd Gaming is measured differently than its book value, which is the value of Boyd that is recorded on the company's balance sheet. Investors also form their own opinion of Boyd Gaming's value that differs from its market value or its book value, called intrinsic value, which is Boyd Gaming's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Boyd Gaming's market value can be influenced by many factors that don't directly affect Boyd Gaming's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Boyd Gaming's value and its price as these two are different measures arrived at by different means. Investors typically determine if Boyd Gaming is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Boyd Gaming's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.