Boyd Gaming Corporation (BYD)
NYSE: BYD · IEX Real-Time Price · USD
55.13
+0.12 (0.22%)
May 20, 2024, 4:00 PM EDT - Market closed

Boyd Gaming Statistics

Total Valuation

Boyd Gaming has a market cap or net worth of $5.23 billion. The enterprise value is $8.46 billion.

Market Cap 5.23B
Enterprise Value 8.46B

Important Dates

The last earnings date was Thursday, April 25, 2024, after market close.

Earnings Date Apr 25, 2024
Ex-Dividend Date Jun 14, 2024

Share Statistics

Boyd Gaming has 94.88 million shares outstanding. The number of shares has decreased by -5.97% in one year.

Shares Outstanding 94.88M
Shares Change (YoY) -5.97%
Shares Change (QoQ) -1.47%
Owned by Insiders (%) 28.53%
Owned by Institutions (%) 70.35%
Float 66.07M

Valuation Ratios

The trailing PE ratio is 9.78 and the forward PE ratio is 8.96. Boyd Gaming's PEG ratio is 0.85.

PE Ratio 9.78
Forward PE 8.96
PS Ratio 1.39
Forward PS 1.37
PB Ratio 2.96
P/FCF Ratio 10.06
PEG Ratio 0.85
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 7.17, with an EV/FCF ratio of 16.41.

EV / Earnings 15.20
EV / Sales 2.27
EV / EBITDA 7.17
EV / EBIT 10.06
EV / FCF 16.41

Financial Position

The company has a current ratio of 0.80, with a Debt / Equity ratio of 2.03.

Current Ratio 0.80
Quick Ratio 0.68
Debt / Equity 2.03
Debt / EBITDA 3.02
Debt / FCF 6.91
Interest Coverage 4.96

Financial Efficiency

Return on equity (ROE) is 31.70% and return on invested capital (ROIC) is 13.04%.

Return on Equity (ROE) 31.70%
Return on Assets (ROA) 8.90%
Return on Capital (ROIC) 13.04%
Revenue Per Employee $231,573
Profits Per Employee $34,519
Employee Count 16,129
Asset Turnover 0.60
Inventory Turnover 82.27

Taxes

In the past 12 months, Boyd Gaming has paid $114.56 million in taxes.

Income Tax 114.56M
Effective Tax Rate 17.06%

Stock Price Statistics

The stock price has decreased by -17.54% in the last 52 weeks. The beta is 1.65, so Boyd Gaming's price volatility has been higher than the market average.

Beta (1Y) 1.65
52-Week Price Change -17.54%
50-Day Moving Average 60.92
200-Day Moving Average 61.83
Relative Strength Index (RSI) 35.41
Average Volume (30 Days) 943,753

Short Selling Information

The latest short interest is 3.66 million, so 3.86% of the outstanding shares have been sold short.

Short Interest 3.66M
Short Previous Month 3.41M
Short % of Shares Out 3.86%
Short % of Float 5.54%
Short Ratio (days to cover) 3.34

Income Statement

In the last 12 months, Boyd Gaming had revenue of $3.74 billion and earned $556.77 million in profits. Earnings per share was $5.59.

Revenue 3.74B
Gross Profit 1.99B
Operating Income 836.34M
Pretax Income 671.33M
Net Income 556.77M
EBITDA 1.18B
EBIT 841.02M
Earnings Per Share (EPS) $5.59
Full Income Statement

Balance Sheet

The company has $288.04 million in cash and $3.56 billion in debt, giving a net cash position of -$3.28 billion or -$34.54 per share.

Cash & Cash Equivalents 288.04M
Total Debt 3.56B
Net Cash -3.28B
Net Cash Per Share -$34.54
Equity / Book Value 1.75B
Book Value Per Share 18.50
Working Capital -119.96M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $883.07 million and capital expenditures -$367.50 million, giving a free cash flow of $515.58 million.

Operating Cash Flow 883.07M
Capital Expenditures -367.50M
Free Cash Flow 515.58M
FCF Per Share $5.29
Full Cash Flow Statement

Margins

Gross margin is 53.28%, with operating and profit margins of 22.39% and 14.91%.

Gross Margin 53.28%
Operating Margin 22.39%
Pretax Margin 17.97%
Profit Margin 14.91%
EBITDA Margin 31.62%
EBIT Margin 22.52%
FCF Margin 13.80%

Dividends & Yields

This stock pays an annual dividend of $0.68, which amounts to a dividend yield of 1.23%.

Dividend Per Share $0.68
Dividend Yield 1.23%
Dividend Growth (YoY) 6.45%
Years of Dividend Growth 4
Payout Ratio 12.16%
Buyback Yield 5.97%
Shareholder Yield 7.22%
Earnings Yield 10.74%
FCF Yield 9.94%
Dividend Details

Analyst Forecast

The average price target for Boyd Gaming is $96.10, which is 74.41% higher than the current price. The consensus rating is "Buy".

Price Target $96.10
Price Target Difference 74.41%
Analyst Consensus Buy
Analyst Count 11
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

This stock does not have any record of stock splits.

Last Split Date n/a
Split Type n/a
Split Ratio n/a

Scores

Boyd Gaming has an Altman Z-Score of 2.11 and a Piotroski F-Score of 8. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 2.11
Piotroski F-Score 8