(BYD) Boyd Gaming - Ratings and Ratios
Exchange: NYSE •
Country: United States •
Currency: USD •
Type: Common Stock •
ISIN: US1033041013
Casinos, Online Gaming, Travel Agency
Dividends
| Dividend Yield | 0.83% |
| Yield on Cost 5y | 1.82% |
| Yield CAGR 5y | -4.40% |
| Payout Consistency | 45.5% |
| Payout Ratio | 9.9% |
| Risk via 10d forecast | |
|---|---|
| Volatility | 27.1% |
| Value at Risk 5%th | 41.2% |
| Relative Tail Risk | -7.45% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.44 |
| Alpha | 0.71 |
| CAGR/Max DD | 0.51 |
| Character TTM | |
|---|---|
| Hurst Exponent | 0.400 |
| Beta | 0.952 |
| Beta Downside | 0.855 |
| Drawdowns 3y | |
|---|---|
| Max DD | 30.29% |
| Mean DD | 9.57% |
| Median DD | 8.16% |
Description: BYD Boyd Gaming November 06, 2025
Boyd Gaming Corporation (NYSE: BYD) is a U.S.-based, multi-jurisdictional casino operator founded in 1975 and headquartered in Las Vegas. It runs properties across four segments-Las Vegas Locals, Downtown Las Vegas, Midwest & South, and Online-through a mix of land-based casinos, the Boyd Interactive online platform, and a travel-agency subsidiary. The firm rebranded from The Boyd Group to Boyd Gaming in April 1993.
Key recent metrics: Q3 2024 adjusted EBITDA rose 12% YoY to $365 million, driven by a 9% increase in same-store gaming revenue and a 15% jump in online betting handle. The company’s RevPAR (revenue per available room) in its Las Vegas Locals portfolio reached $84, outperforming the regional average of $78. Macro-level drivers include rising discretionary consumer spending, a rebound in tourism to the U.S. Southwest, and accelerated adoption of regulated online gambling, which together underpin a projected 5-7% CAGR for the U.S. casino sector through 2028.
For a deeper, data-rich assessment of BYD’s valuation dynamics, you may find ValueRay’s analytical tools worth exploring.
Piotroski VR‑10 (Strict, 0-10) 6.0
| Net Income (1.87b TTM) > 0 and > 6% of Revenue (6% = 244.3m TTM) |
| FCFTA 0.06 (>2.0%) and ΔFCFTA -2.05pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue -11.49% (prev -2.83%; Δ -8.66pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.15 (>3.0%) and CFO 963.5m <= Net Income 1.87b (YES >=105%, WARN >=100%) |
| Net Debt (1.57b) to EBITDA (2.87b) ratio: 0.55 <= 3.0 (WARN <= 3.5) |
| Current Ratio 0.51 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (80.9m) change vs 12m ago -11.99% (target <= -2.0% for YES) |
| Gross Margin 48.97% (prev 52.22%; Δ -3.25pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 63.53% (prev 60.99%; Δ 2.54pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio 14.49 (EBITDA TTM 2.87b / Interest Expense TTM 178.2m) >= 6 (WARN >= 3) |
Altman Z'' 4.30
| (A) -0.07 = (Total Current Assets 495.6m - Total Current Liabilities 963.4m) / Total Assets 6.51b |
| (B) 0.41 = Retained Earnings (Balance) 2.67b / Total Assets 6.51b |
| (C) 0.40 = EBIT TTM 2.58b / Avg Total Assets 6.41b |
| (D) 0.69 = Book Value of Equity 2.67b / Total Liabilities 3.85b |
| Total Rating: 4.30 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 84.34
| 1. Piotroski 6.0pt |
| 2. FCF Yield 4.06% |
| 3. FCF Margin 10.13% |
| 4. Debt/Equity 1.47 |
| 5. Debt/Ebitda 0.55 |
| 6. ROIC - WACC (= 35.94)% |
| 7. RoE 107.1% |
| 8. Rev. Trend 90.60% |
| 9. EPS Trend 64.28% |
What is the price of BYD shares?
As of December 14, 2025, the stock is trading at USD 85.10 with a total of 619,140 shares traded.
Over the past week, the price has changed by +5.22%, over one month by +5.20%, over three months by +0.71% and over the past year by +15.41%.
Over the past week, the price has changed by +5.22%, over one month by +5.20%, over three months by +0.71% and over the past year by +15.41%.
Is BYD a buy, sell or hold?
Boyd Gaming has received a consensus analysts rating of 4.07.
Therefore, it is recommended to buy BYD.
- Strong Buy: 7
- Buy: 2
- Hold: 6
- Sell: 0
- Strong Sell: 0
What are the forecasts/targets for the BYD price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 91.8 | 7.9% |
| Analysts Target Price | 91.8 | 7.9% |
| ValueRay Target Price | 94.3 | 10.8% |
BYD Fundamental Data Overview December 03, 2025
Market Cap USD = 6.55b (6.55b USD * 1.0 USD.USD)
P/E Trailing = 3.6342
P/E Forward = 10.6157
P/S = 1.6085
P/B = 2.4096
P/EG = 0.85
Beta = 1.255
Revenue TTM = 4.07b USD
EBIT TTM = 2.58b USD
EBITDA TTM = 2.87b USD
Long Term Debt = 1.89b USD (from longTermDebt, last quarter)
Short Term Debt = 146.9m USD (from shortTermDebt, last fiscal year)
Debt = 3.93b USD (from shortLongTermDebtTotal, last fiscal year)
Net Debt = 1.57b USD (from netDebt column, last quarter)
Enterprise Value = 10.16b USD (6.55b + Debt 3.93b - CCE 319.1m)
Interest Coverage Ratio = 14.49 (Ebit TTM 2.58b / Interest Expense TTM 178.2m)
FCF Yield = 4.06% (FCF TTM 412.4m / Enterprise Value 10.16b)
FCF Margin = 10.13% (FCF TTM 412.4m / Revenue TTM 4.07b)
Net Margin = 45.99% (Net Income TTM 1.87b / Revenue TTM 4.07b)
Gross Margin = 48.97% ((Revenue TTM 4.07b - Cost of Revenue TTM 2.08b) / Revenue TTM)
Gross Margin QoQ = 41.26% (prev 50.97%)
Tobins Q-Ratio = 1.56 (Enterprise Value 10.16b / Total Assets 6.51b)
Interest Expense / Debt = 0.85% (Interest Expense 33.3m / Debt 3.93b)
Taxrate = 21.89% (403.2m / 1.84b)
NOPAT = 2.02b (EBIT 2.58b * (1 - 21.89%))
Current Ratio = 0.51 (Total Current Assets 495.6m / Total Current Liabilities 963.4m)
Debt / Equity = 1.47 (Debt 3.93b / totalStockholderEquity, last quarter 2.67b)
Debt / EBITDA = 0.55 (Net Debt 1.57b / EBITDA 2.87b)
Debt / FCF = 3.82 (Net Debt 1.57b / FCF TTM 412.4m)
Total Stockholder Equity = 1.75b (last 4 quarters mean from totalStockholderEquity)
RoA = 28.75% (Net Income 1.87b / Total Assets 6.51b)
RoE = 107.1% (Net Income TTM 1.87b / Total Stockholder Equity 1.75b)
RoCE = 70.90% (EBIT 2.58b / Capital Employed (Equity 1.75b + L.T.Debt 1.89b))
RoIC = 42.13% (NOPAT 2.02b / Invested Capital 4.79b)
WACC = 6.20% (E(6.55b)/V(10.48b) * Re(9.52%) + D(3.93b)/V(10.48b) * Rd(0.85%) * (1-Tc(0.22)))
Discount Rate = 9.52% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -9.61%
[DCF Debug] Terminal Value 70.68% ; FCFE base≈458.7m ; Y1≈403.0m ; Y5≈330.0m
Fair Price DCF = 59.91 (DCF Value 4.68b / Shares Outstanding 78.1m; 5y FCF grow -14.90% → 3.0% )
EPS Correlation: 64.28 | EPS CAGR: 6.67% | SUE: 1.22 | # QB: 2
Revenue Correlation: 90.60 | Revenue CAGR: 3.59% | SUE: 4.0 | # QB: 2
EPS next Quarter (2026-03-31): EPS=1.75 | Chg30d=-0.036 | Revisions Net=-2 | Analysts=8
EPS next Year (2026-12-31): EPS=7.66 | Chg30d=-0.005 | Revisions Net=-2 | Growth EPS=+8.6% | Growth Revenue=-2.0%
P/E Trailing = 3.6342
P/E Forward = 10.6157
P/S = 1.6085
P/B = 2.4096
P/EG = 0.85
Beta = 1.255
Revenue TTM = 4.07b USD
EBIT TTM = 2.58b USD
EBITDA TTM = 2.87b USD
Long Term Debt = 1.89b USD (from longTermDebt, last quarter)
Short Term Debt = 146.9m USD (from shortTermDebt, last fiscal year)
Debt = 3.93b USD (from shortLongTermDebtTotal, last fiscal year)
Net Debt = 1.57b USD (from netDebt column, last quarter)
Enterprise Value = 10.16b USD (6.55b + Debt 3.93b - CCE 319.1m)
Interest Coverage Ratio = 14.49 (Ebit TTM 2.58b / Interest Expense TTM 178.2m)
FCF Yield = 4.06% (FCF TTM 412.4m / Enterprise Value 10.16b)
FCF Margin = 10.13% (FCF TTM 412.4m / Revenue TTM 4.07b)
Net Margin = 45.99% (Net Income TTM 1.87b / Revenue TTM 4.07b)
Gross Margin = 48.97% ((Revenue TTM 4.07b - Cost of Revenue TTM 2.08b) / Revenue TTM)
Gross Margin QoQ = 41.26% (prev 50.97%)
Tobins Q-Ratio = 1.56 (Enterprise Value 10.16b / Total Assets 6.51b)
Interest Expense / Debt = 0.85% (Interest Expense 33.3m / Debt 3.93b)
Taxrate = 21.89% (403.2m / 1.84b)
NOPAT = 2.02b (EBIT 2.58b * (1 - 21.89%))
Current Ratio = 0.51 (Total Current Assets 495.6m / Total Current Liabilities 963.4m)
Debt / Equity = 1.47 (Debt 3.93b / totalStockholderEquity, last quarter 2.67b)
Debt / EBITDA = 0.55 (Net Debt 1.57b / EBITDA 2.87b)
Debt / FCF = 3.82 (Net Debt 1.57b / FCF TTM 412.4m)
Total Stockholder Equity = 1.75b (last 4 quarters mean from totalStockholderEquity)
RoA = 28.75% (Net Income 1.87b / Total Assets 6.51b)
RoE = 107.1% (Net Income TTM 1.87b / Total Stockholder Equity 1.75b)
RoCE = 70.90% (EBIT 2.58b / Capital Employed (Equity 1.75b + L.T.Debt 1.89b))
RoIC = 42.13% (NOPAT 2.02b / Invested Capital 4.79b)
WACC = 6.20% (E(6.55b)/V(10.48b) * Re(9.52%) + D(3.93b)/V(10.48b) * Rd(0.85%) * (1-Tc(0.22)))
Discount Rate = 9.52% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -9.61%
[DCF Debug] Terminal Value 70.68% ; FCFE base≈458.7m ; Y1≈403.0m ; Y5≈330.0m
Fair Price DCF = 59.91 (DCF Value 4.68b / Shares Outstanding 78.1m; 5y FCF grow -14.90% → 3.0% )
EPS Correlation: 64.28 | EPS CAGR: 6.67% | SUE: 1.22 | # QB: 2
Revenue Correlation: 90.60 | Revenue CAGR: 3.59% | SUE: 4.0 | # QB: 2
EPS next Quarter (2026-03-31): EPS=1.75 | Chg30d=-0.036 | Revisions Net=-2 | Analysts=8
EPS next Year (2026-12-31): EPS=7.66 | Chg30d=-0.005 | Revisions Net=-2 | Growth EPS=+8.6% | Growth Revenue=-2.0%
Additional Sources for BYD Stock
News:
Wall Street Journal |
Benzinga |
Yahoo Finance
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle