Boyd Gaming Corporation (BYD) Stock AnalysisBYDBoyd Gaming Corporation

Boyd Gaming Corporation is a gaming company. The Company operates over 27 brick-and-mortar gaming entertainment properties. It owns and operates Boyd Interactive, a business-to-business (B2B) and business-to-consumer (B2C) online casino gaming business. Its segments include Las Vegas Locals, Downtown Las Vegas, Midwest & South, and Online. The Las Vegas Locals segment consists of eight casinos in the Las Vegas metropolitan area. The Downtown Las Vegas segment consists of California Hotel and Casino, Fremont Hotel & Casino, and Main Street Station Hotel and Casino. Its Midwest & South properties consist of five land-based casinos, five dockside riverboat casinos, three racinos and four barge-based casinos that operate in ten states, predominantly in the Midwest and southern United States. The Online segment includes its online gaming technology company that provides proprietary solutions on both a B2B and B2C basis in regulated markets across the United States and Canada. It operates in the Consumer Cyclicals sector (HOTELS & MOTELS industry).

Boyd Gaming Corp (BYD) is currently priced at $68.93, which is below the average analyst price target of $92.75, indicating potential upside. However, the RSI is at 42.756, suggesting the stock is nearing oversold conditions but not yet a strong buy signal. The forward P/E ratio is 8.38, which is attractive compared to the market average, but the recent 20-day change of -10.48% raises concerns about short-term volatility. The main risk is the debt to equity ratio of 104.66%, indicating high leverage, which could impact financial stability in adverse conditions.

12 analysts cover BYD: 7 rate it Buy, 5 Hold and 0 Sell. The average price target is 93.70.