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BYD / Boyd Gaming: Undervalued And Ready To Take Off

Boyd Gaming: Undervalued And Ready To Take Off
Boyd Gaming has shown mixed financial performance, with a 22.83% growth in revenue over the past decade and a 450.04% growth in free cash flow. However, its balance sheet raises concerns due to a high debt-to-equity ratio and a low current ratio. BYD is set to benefit from strong tourism trends in Las Vegas and significant growth in its online segment. The company expects its online operations to generate approximately $50 million in EBITDAR for the year 2023. BYD is undervalued, potentially offering investors a gain of 62.17% compared to the company's current market price based on a DCF analysis. Read More
Posted: Jul 11 2023, 21:11
Author Name: Seeking Alpha
Views: 110135

BYD News  

Bear of the Day: Boyd Gaming (BYD)

By Zacks Investment Research
October 30, 2023

Bear of the Day: Boyd Gaming (BYD)

The market has been under extreme pressure since topping out at the end of July. Small caps have bled in the headlines but it's been ugly everywhere. more_horizontal

Can casino stocks win big if economy slows?

By MarketBeat
October 27, 2023

Can casino stocks win big if economy slows?

If the economy is headed for a slowdown or recession, as many analysts expect, you might instantly think about doubling down on casino stocks. Boyd more_horizontal

Why Boyd Gaming Stock Plummeted Today

By The Motley Fool
October 25, 2023

Why Boyd Gaming Stock Plummeted Today

Boyd Gaming's Q3 earnings fell short of Wall Street's target. Rising operating expenses suggest there's a risk that profits will shrink going forward. more_horizontal

Boyd Gaming Corporation (BYD) Q3 2023 Earnings Call Transcript

By Seeking Alpha
October 24, 2023

Boyd Gaming Corporation (BYD) Q3 2023 Earnings Call Transcript

Boyd Gaming Corporation (NYSE:BYD ) Q3 2023 Earnings Conference Call October 24, 2023 5:00 PM ET Company Participants David Strow – Vice President-C more_horizontal

Compared to Estimates, Boyd (BYD) Q3 Earnings: A Look at Key Metrics

By Zacks Investment Research
October 24, 2023

Compared to Estimates, Boyd (BYD) Q3 Earnings: A Look at Key Metrics

The headline numbers for Boyd (BYD) give insight into how the company performed in the quarter ended September 2023, but it may be worthwhile to compa more_horizontal

Boyd Gaming (BYD) Q3 Earnings Miss Estimates

By Zacks Investment Research
October 24, 2023

Boyd Gaming (BYD) Q3 Earnings Miss Estimates

Boyd Gaming (BYD) came out with quarterly earnings of $1.36 per share, missing the Zacks Consensus Estimate of $1.44 per share. This compares to earni more_horizontal

Boyd Gaming Corporation: Leveraging A Digital Expansion

By Seeking Alpha
October 22, 2023

Boyd Gaming Corporation: Leveraging A Digital Expansion

Boyd Gaming's digital expansion taps into a burgeoning online casino market. Q3 earnings are expected to rise due to heightened summer vacation activi more_horizontal

Boyd Gaming (BYD) to Post Q3 Earnings: What's in the Offing?

By Zacks Investment Research
October 19, 2023

Boyd Gaming (BYD) to Post Q3 Earnings: What's in the Offing?

Boyd Gaming's (BYD) third-quarter 2023 results are likely to be hurt by dismal Food and Beverage, Online and Room revenues. more_horizontal


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