Boyd Gaming (NYSE:BYD) Bolsa

BOYD GAMING CORP

Boyd Gaming

Boyd Gaming Corp is a multi-jurisdictional gaming company. The company operates wholly-owned gaming entertainment properties (casino space, slot machines, table games, and hotel rooms) in Nevada, Illinois, Indiana, Iowa, Kansas, Louisiana, Mississippi, Missouri, Ohio, and Pennsylvania. Geographical regions separate its business segments: Las Vegas Locals, Downtown Las Vegas, Midwest and South, and Online. Midwest and South hold the key number of entertainment properties, and it generate the majority of sales for the company.

Boyd Gaming Corp

BOYDS COLLECTION LTD by Boyds Collection, Ltd. (The)

Boyds Collection Ltd

BYD Co Ltd

BOYD GROUP SVCS INC by BOYD GROUP SVCS INC.

Boyd Group Services Inc

BYD ELECTRONIC INTL CO by Byd Electronic International Co Ltd.

BYD Electronic (International) Co Ltd

BYD ELECTRNC INT UNSP/ADR by Byd Electronic International Co Ltd.

BEYOND LITHIUM INC by BEYOND LITHIUM INC.

Beyond Lithium Inc

11 analysts have shared their evaluations of Boyd Gaming (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BYD#NYSE">BYD</a>) during the recent three months, expressing a mix of bullish and bearish perspectives.
The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th align="right">Bullish</th>
<th align="right">Somewhat Bullish</th>
<th align="right">Indifferent</th>
<th align="right">Somewhat Bearish</th>
<th align="right">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td align="right">1</td>
<td align="right">5</td>
<td align="right">5</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td align="right">0</td>
<td align="right">4</td>
<td align="right">4</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td align="right">1</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $77.09, along with a high estimate of $86.00 and a low estimate of $71.00. A negative shift in sentiment is evident as analysts have decreased the average price target by 2.75%. 
<img src="https://www.benzinga.com/files/images/story/2025/1749150027_0.png" alt="price target chart" />
<h2>Interpreting Analyst Ratings: A Closer Look</h2>
The standing of Boyd Gaming among financial experts is revealed through an in-depth exploration of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Steven Wieczynski</td>
<td>Stifel</td>
<td>Raises</td>
<td>Hold</td>
<td>$76.00</td>
<td>$71.00</td>
</tr>
<tr>
<td>Chad Beynon</td>
<td>Macquarie</td>
<td>Maintains</td>
<td>Neutral</td>
<td>$74.00</td>
<td>$74.00</td>
</tr>
<tr>
<td>Joseph Stauff</td>
<td>Susquehanna</td>
<td>Raises</td>
<td>Positive</td>
<td>$76.00</td>
<td>$75.00</td>
</tr>
<tr>
<td>Steven Wieczynski</td>
<td>Stifel</td>
<td>Lowers</td>
<td>Hold</td>
<td>$71.00</td>
<td>$82.00</td>
</tr>
<tr>
<td>Ben Chaiken</td>
<td>Mizuho</td>
<td>Raises</td>
<td>Outperform</td>
<td>$86.00</td>
<td>$83.00</td>
</tr>
<tr>
<td>Ben Chaiken</td>
<td>Mizuho</td>
<td>Lowers</td>
<td>Outperform</td>
<td>$83.00</td>
<td>$86.00</td>
</tr>
<tr>
<td>Brandt Montour</td>
<td>Barclays</td>
<td>Lowers</td>
<td>Equal-Weight</td>
<td>$73.00</td>
<td>$78.00</td>
</tr>
<tr>
<td>Stephen Grambling</td>
<td>Morgan Stanley</td>
<td>Lowers</td>
<td>Equal-Weight</td>
<td>$72.00</td>
<td>$75.00</td>
</tr>
<tr>
<td>Joseph Stauff</td>
<td>Susquehanna</td>
<td>Lowers</td>
<td>Positive</td>
<td>$75.00</td>
<td>$77.00</td>
</tr>
<tr>
<td>Barry Jonas</td>
<td>Truist Securities</td>
<td>Lowers</td>
<td>Buy</td>
<td>$85.00</td>
<td>$92.00</td>
</tr>
<tr>
<td>Joseph Stauff</td>
<td>Susquehanna</td>
<td>Lowers</td>
<td>Positive</td>
<td>$77.00</td>
<td>$79.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Boyd Gaming. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Providing a comprehensive analysis, analysts offer qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Boyd Gaming compared to the broader market.</li>
<li>Price Targets: Analysts provide insights into price targets, offering estimates for the future value of Boyd Gaming's stock. This comparison reveals trends in analysts' expectations over time.</li>
</ul>
For valuable insights into Boyd Gaming's market performance, consider these analyst evaluations alongside crucial financial indicators. Stay well-informed and make prudent decisions using our Ratings Table.
<a href="https://www.benzinga.com/quote/BYD/analyst-ratings?adType=benzinga-insights&amp;ad=analyst-ratings&amp;campaign=wallstreetadvantage">Stay up to date on Boyd Gaming analyst ratings.</a>
<h2>All You Need to Know About Boyd Gaming</h2>
Boyd Gaming Corp is a multi-jurisdictional gaming company. The company operates wholly-owned gaming entertainment properties (casino space, slot machines, table games, and hotel rooms) in Nevada, Illinois, Indiana, Iowa, Kansas, Louisiana, Mississippi, Missouri, Ohio, and Pennsylvania. Geographical regions separate its business segments: Las Vegas Locals, Downtown Las Vegas, Midwest and South, and Online. Midwest and South hold the key number of entertainment properties, and it generate the majority of sales for the company.
<h3>A Deep Dive into Boyd Gaming's Financials</h3>
Market Capitalization: Exceeding industry standards, the company's market capitalization places it above industry average in size relative to peers. This emphasizes its significant scale and robust market position.
Revenue Growth: Boyd Gaming displayed positive results in 3M. As of 31 March, 2025, the company achieved a solid revenue growth rate of approximately 3.23%. This indicates a notable increase in the company's top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Consumer Discretionary sector.
Net Margin: The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of 11.24%, the company showcases strong profitability and effective cost control.
Return on Equity (ROE): Boyd Gaming's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of 7.6%, the company showcases efficient use of equity capital and strong financial health.
Return on Assets (ROA): Boyd Gaming's ROA stands out, surpassing industry averages. With an impressive ROA of 1.73%, the company demonstrates effective utilization of assets and strong financial performance.
Debt Management: With a below-average debt-to-equity ratio of 3.13, Boyd Gaming adopts a prudent financial strategy, indicating a balanced approach to debt management.
<h2>Analyst Ratings: Simplified</h2>
Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.
In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.

Analyst Ratings

The Analyst Verdict: Boyd Gaming In The Eyes Of 11 Experts

Stifel analyst Steven Wieczynski maintains Boyd Gaming (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BYD#NYSE">BYD</a>) with a Hold and raises the price target from $71 to $76.

News

Price Target

Stifel Maintains Hold on Boyd Gaming, Raises Price Target to $76

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&ndash; Capabilities across the InfoGenesis solution ecosystem equip Boyd Gaming&#39;s 28 properties with enhanced guest service capabilities &ndash;
<a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.agilysys.com%2Fen%2F&amp;esheet=54256500&amp;newsitemid=20250519073976&amp;lan=en-US&amp;anchor=Agilysys%2C+Inc.&amp;index=1&amp;md5=dc335f70ad4fe4011c6dce4cbb143c4f">Agilysys, Inc.</a> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AGYS#NASDAQ">AGYS</a>), a leading global provider of hospitality software and services, today announced that Boyd Gaming Corporation has signed a Software-as-a-Service (SaaS) agreement for InfoGenesis, the Agilysys omnichannel enterprise POS ecosystem, to be deployed across its 28 gaming entertainment properties in the United States.
When fully implemented, data and transactions will be unified across all endpoints, including self-service kiosks, on-demand mobile food and beverage ordering profit centers and kitchen display stations. Data across systems will help Boyd optimize guest engagement and offers as well as operational decisions.
In addition to the InfoGenesis core system, Agilysys solutions in the agreement include OnDemand, guest self-service Kiosks, Kitchen Display Stations (KDS), Loyalty-Promotions and Analyze.

AGYS

Boyd Gaming Signs Software-As-A-Service Agreement With Agilysys For Infogenesis To Be Deployed Across Its 28 Gaming Entertainment Properties In US

In the current market session, Boyd Gaming Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BYD#NYSE">BYD</a>) stock price is at $76.00, after a 0.11% decrease. However, over the past month, the company's stock spiked by 16.57%, and in the past year, by 37.07%. Shareholders might be interested in knowing whether the stock is overvalued, even if the company is not performing up to par in the current session. 

<img src="https://www.benzinga.com/files/images/story/2025/1747339244_0.png" alt="Past Year Chart" />

<h3>Evaluating Boyd Gaming P/E in Comparison to Its Peers</h3>
The P/E ratio is used by long-term shareholders to assess the company's market performance against aggregate market data, historical earnings, and the industry at large. A lower P/E could indicate that shareholders do not expect the stock to perform better in the future or it could mean that the company is undervalued. 
Boyd Gaming has a lower P/E than the aggregate P/E of 40.77 of the Hotels, Restaurants &amp; Leisure industry. Ideally, one might believe that the stock might perform worse than its peers, but it's also probable that the stock is undervalued. 

<img src="https://www.benzinga.com/files/images/story/2025/1747339244_1.png" alt="Guage" />

In summary, while the price-to-earnings ratio is a valuable tool for investors to evaluate a company's market performance, it should be used with caution. A low P/E ratio can be an indication of undervaluation, but it can also suggest weak growth prospects or financial instability. Moreover, the P/E ratio is just one of many metrics that investors should consider when making investment decisions, and it should be evaluated alongside other financial ratios, industry trends, and qualitative factors. By taking a comprehensive approach to analyzing a company's financial health, investors can make well-informed decisions that are more likely to lead to successful outcomes.

Intraday Update

Markets

P/E Ratio Insights for Boyd Gaming

Earnings

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The Beachbody Company, Inc. Class A Common Stock

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Earnings Scheduled For May 14, 2025

Boyd Gaming (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BYD#NYSE">BYD</a>) is set to give its latest quarterly earnings report on Thursday, 2025-04-24. Here's what investors need to know before the announcement.
Analysts estimate that Boyd Gaming will report an earnings per share (EPS) of $1.52. 
Investors in Boyd Gaming are eagerly awaiting the company's announcement, hoping for news of surpassing estimates and positive guidance for the next quarter.
It's worth noting for new investors that stock prices can be heavily influenced by future projections rather than just past performance.
<h3>Earnings History Snapshot</h3>
The company's EPS beat by $0.17 in the last quarter, leading to a 1.72% drop in the share price on the following day.
Here's a look at Boyd Gaming's past performance and the resulting price change:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q1 2025</th>
<th>Q4 2024</th>
<th>Q3 2024</th>
<th>Q2 2024</th>
<th>Q1 2024</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>1.52</td>
<td>1.79</td>
<td>1.38</td>
<td>1.49</td>
<td>1.57</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>1.62</td>
<td>1.96</td>
<td>1.52</td>
<td>1.58</td>
<td>1.51</td>
</tr>
<tr>
<td>Price Change %</td>
<td>4.0%</td>
<td>-2.0%</td>
<td>8.0%</td>
<td>4.0%</td>
<td>-15.0%</td>
</tr>
</tbody>
</table>

<img src="https://www.benzinga.com/files/images/story/2025/1747144874_0.png" alt="eps graph" />
<h3>Stock Performance</h3>
Shares of Boyd Gaming were trading at $74.78 as of May 12. Over the last 52-week period, shares are up 35.47%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release. 
<h3>Analyst Observations about Boyd Gaming</h3>
Understanding market sentiments and expectations within the industry is crucial for investors. This analysis delves into the latest insights on Boyd Gaming.
The consensus rating for Boyd Gaming is Neutral, based on 11 analyst ratings. With an average one-year price target of $77.55, there's a potential 3.7% upside.
<h3>Peer Ratings Comparison</h3>
In this comparison, we explore the analyst ratings and average 1-year price targets of Caesars Entertainment, Churchill Downs and Light &amp; Wonder, three prominent industry players, offering insights into their relative performance expectations and market positioning.
<ul>
<li>Analysts currently favor an Outperform trajectory for Caesars Entertainment, with an average 1-year price target of $41.53, suggesting a potential 44.46% downside.</li>
<li>Analysts currently favor an Outperform trajectory for Churchill Downs, with an average 1-year price target of $143.43, suggesting a potential 91.8% upside.</li>
<li>Analysts currently favor an Buy trajectory for Light &amp; Wonder, with an average 1-year price target of $105.07, suggesting a potential 40.51% upside.</li>
</ul>
<h3>Comprehensive Peer Analysis Summary</h3>
The peer analysis summary presents essential metrics for Caesars Entertainment, Churchill Downs and Light &amp; Wonder, unveiling their respective standings within the industry and providing valuable insights into their market positions and comparative performance.

<table>
<thead>
<tr>
<th>Company</th>
<th>Consensus</th>
<th>Revenue Growth</th>
<th>Gross Profit</th>
<th>Return on Equity</th>
</tr>
</thead>
<tbody>
<tr>
<td>Boyd Gaming</td>
<td>Neutral</td>
<td>3.23%</td>
<td>$504.29M</td>
<td>7.60%</td>
</tr>
<tr>
<td>Caesars Entertainment</td>
<td>Outperform</td>
<td>1.90%</td>
<td>$1.41B</td>
<td>-2.80%</td>
</tr>
<tr>
<td>Churchill Downs</td>
<td>Outperform</td>
<td>8.75%</td>
<td>$189.50M</td>
<td>7.12%</td>
</tr>
<tr>
<td>Light &amp; Wonder</td>
<td>Buy</td>
<td>2.38%</td>
<td>$563M</td>
<td>13.06%</td>
</tr>
</tbody>
</table>

Key Takeaway:
Boyd Gaming ranks in the middle for revenue growth among its peers. It has the lowest gross profit compared to others. The return on equity is higher than one of its peers but lower than the other two. Overall, Boyd Gaming's performance is mixed when compared to its peers in the analysis.
<h3>Discovering Boyd Gaming: A Closer Look</h3>
Boyd Gaming Corp is a multi-jurisdictional gaming company. The company operates wholly-owned gaming entertainment properties (casino space, slot machines, table games, and hotel rooms) in Nevada, Illinois, Indiana, Iowa, Kansas, Louisiana, Mississippi, Missouri, Ohio, and Pennsylvania. Geographical regions separate its business segments: Las Vegas Locals, Downtown Las Vegas, Midwest and South, and Online. Midwest and South hold the key number of entertainment properties, and it generate the majority of sales for the company.
<h3>Boyd Gaming: A Financial Overview</h3>
Market Capitalization: Boasting an elevated market capitalization, the company surpasses industry averages. This signals substantial size and strong market recognition.
Revenue Growth: Boyd Gaming's revenue growth over a period of 3 months has been noteworthy. As of 31 March, 2025, the company achieved a revenue growth rate of approximately 3.23%. This indicates a substantial increase in the company's top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Consumer Discretionary sector.
Net Margin: Boyd Gaming's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 11.24% net margin, the company effectively manages costs and achieves strong profitability.
Return on Equity (ROE): Boyd Gaming's ROE stands out, surpassing industry averages. With an impressive ROE of 7.6%, the company demonstrates effective use of equity capital and strong financial performance.
Return on Assets (ROA): Boyd Gaming's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 1.73%, the company showcases efficient use of assets and strong financial health.
Debt Management: With a below-average debt-to-equity ratio of 3.13, Boyd Gaming adopts a prudent financial strategy, indicating a balanced approach to debt management.
<a href="https://www.benzinga.com/quote/BYD/earnings">To track all earnings releases for Boyd Gaming visit their earnings calendar on our site.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Earnings Outlook For Boyd Gaming

Macquarie analyst Chad Beynon maintains Boyd Gaming (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BYD#NYSE">BYD</a>) with a Neutral and maintains $74 price target.

Macquarie Maintains Neutral on Boyd Gaming, Maintains $74 Price Target

WIIM

Boyd Gaming shares are trading higher following better-than-expected Q1 financial results.

Susquehanna analyst Joseph Stauff maintains Boyd Gaming (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BYD#NYSE">BYD</a>) with a Positive and raises the price target from $75 to $76.

Susquehanna Maintains Positive on Boyd Gaming, Raises Price Target to $76

Stifel analyst Steven Wieczynski maintains Boyd Gaming (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BYD#NYSE">BYD</a>) with a Hold and lowers the price target from $82 to $71.

Stifel Maintains Hold on Boyd Gaming, Lowers Price Target to $71

Mizuho analyst Ben Chaiken maintains Boyd Gaming (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BYD#NYSE">BYD</a>) with a Outperform and raises the price target from $83 to $86.

Mizuho Maintains Outperform on Boyd Gaming, Raises Price Target to $86

Earnings Beats

Boyd Gaming Q1 Adj. EPS $1.62 Beats $1.52 Estimate, Sales $991.60M Beat $976.64M Estimate

Boyd Gaming's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BYD#NYSE">BYD</a>) short percent of float has fallen 9.88% since its last report. The company recently reported that it has 2.48 million shares sold short, which is 3.83% of all regular shares that are available for trading. Based on its trading volume, it would take traders 2.68 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock?adType=benzinga-insights&amp;ad=short-interest&amp;campaign=wallstreetadvantage">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest?adType=benzinga-insights&amp;ad=short-interest&amp;campaign=wallstreetadvantage">List of the most shorted stocks</a>
<h3>Boyd Gaming Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1745524822_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Boyd Gaming has declined since its last report. This does not mean that the stock is going to rise in the near-term but traders should be aware that less shares are being shorted.
<h3>Comparing Boyd Gaming's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://www.benzinga.com/pro/">Benzinga Pro</a>, Boyd Gaming's peer group average for short interest as a percentage of float is 5.31%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze?adType=benzinga-insights&amp;ad=short-interest&amp;campaign=wallstreetadvantage">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Short Sellers

Short Ideas

Trading Ideas

How Do Investors Really Feel About Boyd Gaming?

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Earnings Scheduled For April 24, 2025

Mizuho analyst Ben Chaiken maintains Boyd Gaming (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BYD#NYSE">BYD</a>) with a Outperform and lowers the price target from $86 to $83.

Mizuho Maintains Outperform on Boyd Gaming, Lowers Price Target to $83

In the preceding three months, 14 analysts have released ratings for Boyd Gaming (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BYD#NYSE">BYD</a>), presenting a wide array of perspectives from bullish to bearish.
Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th align="right">Bullish</th>
<th align="right">Somewhat Bullish</th>
<th align="right">Indifferent</th>
<th align="right">Somewhat Bearish</th>
<th align="right">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td align="right">2</td>
<td align="right">4</td>
<td align="right">8</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td align="right">1</td>
<td align="right">1</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td align="right">1</td>
<td align="right">2</td>
<td align="right">5</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
Analysts have set 12-month price targets for Boyd Gaming, revealing an average target of $79.71, a high estimate of $88.00, and a low estimate of $72.00. Marking an increase of 2.28%, the current average surpasses the previous average price target of $77.93. 
<img src="https://www.benzinga.com/files/images/story/2025/1745359240_0.png" alt="price target chart" />
<h2>Exploring Analyst Ratings: An In-Depth Overview</h2>
The standing of Boyd Gaming among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
&#x7C; Analyst &#x7C; Analyst Firm &#x7C; Action Taken &#x7C; Rating &#x7C;Current Price Target&#x7C; Prior Price Target &#x7C; 
&#x7C;--------------------&#x7C;--------------------&#x7C;---------------&#x7C;---------------&#x7C;--------------------&#x7C;--------------------&#x7C; 
&#x7C;Brandt Montour &#x7C;Barclays &#x7C;Lowers &#x7C;Equal-Weight &#x7C; $73.00&#x7C;$78.00 &#x7C; 
&#x7C;Stephen Grambling &#x7C;Morgan Stanley &#x7C;Lowers &#x7C;Equal-Weight &#x7C; $72.00&#x7C;$75.00 &#x7C; 
&#x7C;Joseph Stauff &#x7C;Susquehanna &#x7C;Lowers &#x7C;Positive &#x7C; $75.00&#x7C;$77.00 &#x7C; 
&#x7C;Barry Jonas &#x7C;Truist Securities &#x7C;Lowers &#x7C;Buy &#x7C; $85.00&#x7C;$92.00 &#x7C; 
&#x7C;Joseph Stauff &#x7C;Susquehanna &#x7C;Lowers &#x7C;Positive &#x7C; $77.00&#x7C;$79.00 &#x7C; 
&#x7C;Stephen Grambling &#x7C;Morgan Stanley &#x7C;Lowers &#x7C;Equal-Weight &#x7C; $81.00&#x7C;$82.00 &#x7C; 
&#x7C;Brandt Montour &#x7C;Barclays &#x7C;Raises &#x7C;Equal-Weight &#x7C; $78.00&#x7C;$74.00 &#x7C; 
&#x7C;Steven Wieczynski &#x7C;Stifel &#x7C;Raises &#x7C;Hold &#x7C; $82.00&#x7C;$74.00 &#x7C; 
&#x7C;Daniel Politzer &#x7C;Wells Fargo &#x7C;Raises &#x7C;Overweight &#x7C; $88.00&#x7C;$82.00 &#x7C; 
&#x7C;Ben Chaiken &#x7C;Mizuho &#x7C;Raises &#x7C;Outperform &#x7C; $86.00&#x7C;$79.00 &#x7C; 
&#x7C;Barry Jonas &#x7C;Truist Securities &#x7C;Raises &#x7C;Buy &#x7C; $88.00&#x7C;$85.00 &#x7C; 
&#x7C;Joseph Stauff &#x7C;Susquehanna &#x7C;Raises &#x7C;Neutral &#x7C; $77.00&#x7C;$69.00 &#x7C; 
&#x7C;Joseph Greff &#x7C;JP Morgan &#x7C;Raises &#x7C;Neutral &#x7C; $80.00&#x7C;$74.00 &#x7C; 
&#x7C;Brandt Montour &#x7C;Barclays &#x7C;Raises &#x7C;Equal-Weight &#x7C; $74.00&#x7C;$71.00 &#x7C;
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Boyd Gaming. This offers insight into analysts' perspectives on the current state of the company.</li>
<li>Rating: Analysts unravel qualitative evaluations for stocks, ranging from 'Outperform' to 'Underperform'. These ratings offer insights into expectations for the relative performance of Boyd Gaming compared to the broader market.</li>
<li>Price Targets: Gaining insights, analysts provide estimates for the future value of Boyd Gaming's stock. This comparison reveals trends in analysts' expectations over time.</li>
</ul>
Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of Boyd Gaming's market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.
<a href="https://www.benzinga.com/quote/BYD/analyst-ratings?adType=benzinga-insights&amp;ad=analyst-ratings&amp;campaign=wallstreetadvantage">Stay up to date on Boyd Gaming analyst ratings.</a>
<h2>Discovering Boyd Gaming: A Closer Look</h2>
Boyd Gaming Corp is a multi-jurisdictional gaming company. The company operates wholly-owned gaming entertainment properties (casino space, slot machines, table games, and hotel rooms) in Nevada, Illinois, Indiana, Iowa, Kansas, Louisiana, Mississippi, Missouri, Ohio, and Pennsylvania. Geographical regions separate its business segments: Las Vegas Locals, Downtown Las Vegas, Midwest and South, and Online. Midwest and South hold the key number of entertainment properties, and it generate the majority of sales for the company.
<h3>Boyd Gaming: A Financial Overview</h3>
Market Capitalization Highlights: Above the industry average, the company's market capitalization signifies a significant scale, indicating strong confidence and market prominence.
Revenue Growth: Over the 3M period, Boyd Gaming showcased positive performance, achieving a revenue growth rate of 9.06% as of 31 December, 2024. This reflects a substantial increase in the company's top-line earnings. As compared to competitors, the company surpassed expectations with a growth rate higher than the average among peers in the Consumer Discretionary sector.
Net Margin: The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of 16.38%, the company showcases strong profitability and effective cost control.
Return on Equity (ROE): Boyd Gaming's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of 10.61%, the company showcases efficient use of equity capital and strong financial health.
Return on Assets (ROA): Boyd Gaming's ROA stands out, surpassing industry averages. With an impressive ROA of 2.69%, the company demonstrates effective utilization of assets and strong financial performance.
Debt Management: Boyd Gaming's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 2.49.
<h2>Analyst Ratings: Simplified</h2>
Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.
Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.
Analysts may enhance their evaluations by incorporating forecasts for metrics like growth estimates, earnings, and revenue, delivering additional guidance to investors. It is vital to acknowledge that, although experts in stocks and sectors, analysts are human and express their opinions when providing insights.
Which Stocks Are Analysts Recommending Now?
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This article was generated by Benzinga's automated content engine and reviewed by an editor.

Demystifying Boyd Gaming: Insights From 14 Analyst Reviews

Lucid Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LCID#NASDAQ">LCID</a>) and Rivian Automotive (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RIVN#NASDAQ">RIVN</a>) inspired GraniteShares to launch two new <a href="https://www.benzinga.com/etfs">exchange-traded funds</a>.
What Happened: In the latest fuel for <a href="https://www.benzinga.com/topic/electric-vehicle">EV-thematic investors</a>, GraniteShares unveiled two <a href="https://www.benzinga.com/etfs">single-stock ETFs</a>. They&#8217;re designed to return 2x the day&#8217;s return of their respective underlying stocks.
This means when Lucid has a decent hair day in the market, the GraniteShares 2x Long LCID Daily ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LCDL#NASDAQ">LCDL</a>) attempts to double down on it. 
Similarly, when Rivian gets revs up, the GraniteShares 2x Long RIVN Daily ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RVNL#NASDAQ">RVNL</a>) seeks to floor it.
But, as a word of caution, these ETFs are <a href="https://www.globenewswire.com/news-release/2025/04/22/3065412/0/en/GraniteShares-2x-Long-LCID-Daily-ETF-LCDL-and-GraniteShares-2x-Long-RIVN-Daily-ETF-RVNL-Launch-Today.html">designed </a>for tactical traders, not long-haul investors, as the funds reset daily. 
Also Read: <a href="https://www.benzinga.com/etfs/specialty-etfs/25/04/44895562/3-high-risk-etfs-aggressive-retail-investors-cant-stop-buying">3 High-Risk ETFs Aggressive Retail Investors Can&#8217;t Stop Buying</a>
Why It Matters: Lucid, with its luxury sedans and in-house battery technology, cut a niche in the premium EV market. Its cars are designed and built in California and feature fresh styling and serious range.
Rivian, on the other hand, is more rugged with its R1T pickup and R1S SUV, not to mention its high-profile Electric Delivery Van (EDV) fleet. The company is also made and based in the U.S., targeting consumers and commercial customers who want environmentally friendly transport.
Both stocks have recently experienced a rough ride, making them good targets for traders wagering on short-term rebounds—or reversals.
Other ETFs To Watch: It&#8217;s worth noting that GraniteShares&#8217; LCDL and RVNL ETFs are not for Sunday drivers. They are designed for pit-stop traders who have an iron stomach and are watching the daily ticker.
For investors who want to tap into the wider EV universe with less volatility than single-stock plays, keep an eye on the following:
<ul>
<li>Global X Autonomous &amp; Electric Vehicles ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DRIV#NASDAQ">DRIV</a>), which provides diversified exposure to both EV producers and top suppliers in AI and battery technology. It&#8217;s been a consistent performer during macro headwinds. Looking at the rear view mirror, the ETF has dipped 12.8% in the past year. However, a longer look down the road shows that it has gained 61.62% in the past five years. The expense ratio it carries is 0.68%.</li>
</ul>
<ul>
<li>iShares Self-Driving EV and Tech ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IDRV#NYSE">IDRV</a>), which offers international exposure to leaders in autonomous and electric vehicle innovation. Tesla (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>), BYD (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BYD#NYSE">BYD</a>), and Nvidia (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) are some of its best holdings. The past year price performance is discouraging at a loss of 4.53%. However, the fund has gained more than 20% in the past five years. The expense ratio of the fund is 0.47%.</li>
</ul>
Read Next: 
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<li><a href="https://www.benzinga.com/25/04/44896063/global-x-doubles-down-on-domestic-strength-with-new-etf-pair">Global X Doubles Down On Domestic Strength With New ETF Pair</a></li>
</ul>
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