Boyd Gaming Stock Today

BYD Stock  USD 71.76  0.27  0.38%   

Performance

14 of 100

 
Weak
 
Strong
Good

Odds Of Distress

Less than 23

 
High
 
Low
Low
Boyd Gaming is trading at 71.76 as of the 21st of November 2024, a 0.38% increase since the beginning of the trading day. The stock's lowest day price was 70.62. Boyd Gaming has about a 23 % chance of experiencing some form of financial distress in the next two years of operation and had a somewhat good performance during the last 90 days. Equity ratings for Boyd Gaming are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 2nd of December 2022 and ending today, the 21st of November 2024. Click here to learn more.
Business Domain
Consumer Services
IPO Date
15th of October 1993
Category
Consumer Cyclical
Classification
Consumer Discretionary
Boyd Gaming Corporation, together with its subsidiaries, operates as a multi-jurisdictional gaming company. The company was founded in 1975 and is headquartered in Las Vegas, Nevada. Boyd Gaming operates under Resorts Casinos classification in the United States and is traded on New York Stock Exchange. The company has 88.39 M outstanding shares of which 2.89 M shares are currently shorted by investors with about 3.44 days to cover. More on Boyd Gaming

Moving together with Boyd Stock

  0.62SG SweetgreenPairCorr

Moving against Boyd Stock

  0.86ARKR Ark Restaurants CorpPairCorr
  0.7EJH E Home HouseholdPairCorr
  0.68MOND Mondee HoldingsPairCorr
  0.64LOCO El Pollo LocoPairCorr
  0.63WING WingstopPairCorr
  0.62PNST Pinstripes Holdings Symbol ChangePairCorr

Boyd Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEOKeith Smith
Thematic Ideas
Showing 3 out of 4 themes
Business ConcentrationHotels, Restaurants & Leisure, Consumer Services, Consumer Discretionary, NYSE Composite, SP Midcap 400, SP TSX Composite, Toys, Restaraunts Hotels Motels, Hotels, Casinos, Consumer Discretionary, Hotels, Restaurants & Leisure, Resorts & Casinos, Consumer Cyclical (View all Sectors)
Average Analyst Recommendation
Debt Levels
Boyd Gaming can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Boyd Gaming's financial leverage. It provides some insight into what part of Boyd Gaming's total assets is financed by creditors.
Liquidity
Boyd Gaming has 3.73 B in debt with debt to equity (D/E) ratio of 2.42, meaning that the company heavily relies on borrowing funds for operations. Boyd Gaming has a current ratio of 0.74, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for Boyd to invest in growth at high rates of return.

Change In Cash

6.67 Million
Boyd Gaming (BYD) is traded on New York Stock Exchange in USA. It is located in 6465 South Rainbow Boulevard, Las Vegas, NV, United States, 89118 and employs 16,129 people. Boyd Gaming is listed under Hotels, Restaurants & Leisure category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a total capitalization of 6.34 B. Boyd Gaming runs under Hotels, Restaurants & Leisure sector within Consumer Discretionary industry. The entity has 88.39 M outstanding shares of which 2.89 M shares are currently shorted by investors with about 3.44 days to cover. Boyd Gaming has about 283.47 M in cash with 914.52 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.42.
Check Boyd Gaming Probability Of Bankruptcy
Ownership Allocation
Boyd Gaming holds a total of 88.39 Million outstanding shares. The majority of Boyd Gaming outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Boyd Gaming to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Boyd Gaming. Please pay attention to any change in the institutional holdings of Boyd Gaming as this could imply that something significant has changed or is about to change at the company. Also note that nearly one million two hundred eighty-one thousand six hundred fourty-two invesors are currently shorting Boyd Gaming expressing very little confidence in its future performance.
Check Boyd Ownership Details

Boyd Stock Institutional Holders

InstituionRecorded OnShares
Geode Capital Management, Llc2024-06-30
1.1 M
Nuveen Asset Management, Llc2024-06-30
1.1 M
Channing Capital Management, Llc2024-09-30
1.1 M
Charles Schwab Investment Management Inc2024-09-30
971.9 K
Victory Capital Management Inc.2024-09-30
908.9 K
T. Rowe Price Associates, Inc.2024-06-30
850.2 K
Citadel Advisors Llc2024-06-30
824.9 K
Norges Bank2024-06-30
824.1 K
Franklin Resources Inc2024-06-30
807.9 K
Blackrock Inc2024-06-30
6.8 M
Vanguard Group Inc2024-09-30
6.4 M
View Boyd Gaming Diagnostics

Boyd Gaming Historical Income Statement

At present, Boyd Gaming's EBIT is projected to increase significantly based on the last few years of reporting. The current year's EBITDA is expected to grow to about 1.2 B, whereas Interest Expense is forecasted to decline to about 170.1 M. View More Fundamentals

Boyd Stock Against Markets

Boyd Gaming Corporate Directors

Veronica WilsonIndependent DirectorProfile
Peter ThomasPresiding Independent DirectorProfile
Robert BoughnerChief Bus. Devel. Officer, Executive VP and DirectorProfile
Christine SpadaforIndependent DirectorProfile
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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Boyd Gaming. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
For information on how to trade Boyd Stock refer to our How to Trade Boyd Stock guide.
You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
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.