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Upturn AI Summary - About
Boyd Gaming Corporation(BYD)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for BYD
09/25/2026: BYD (1-star) is currently NOT-A-BUY. Pass it for now.
Boyd Gaming Corporation is a focused US-based gaming operator that manages a portfolio of regional properties and local Las Vegas casinos. The company is known for its disciplined capital allocation, strong operational efficiency, and a loyal customer base supported by the Boyd Rewards program. Its primary growth opportunity lies in the expansion of digital gaming and sports betting partnerships, which offer scalable revenue potential. Key risks include intense competition from online gaming platforms, exposure to cyclical economic downturns, and regulatory uncertainties in regional markets. The stock may suit value-oriented investors seeking stable operations and potential capital returns through share repurchases, provided they can tolerate the inherent cyclicality of the gaming industry.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
Company fundamentals, valuation, risks, and news provide supporting context about the business.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Mixed fit | Growth is moderate and tied to regional market conditions rather than explosive expansion. |
| Momentum investor | Mixed fit | Momentum is conditional on positive sector trends and strong earnings surprises. |
| Value investor | Strong fit | The company historically trades at reasonable valuation multiples compared to larger, more capital-intensive gaming operators. |
| Dividend investor | Mixed fit | While dividends are paid, the company prefers share buybacks as a primary method of returning capital. |
| Low-risk investor | Mixed fit | The gaming industry is inherently cyclical, which introduces a level of volatility unsuitable for the most risk-averse investors. |
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Price volatility | Medium / high | Gaming stocks often fluctuate significantly based on consumer confidence data. |
| Valuation risk | Medium | Market sentiment regarding regional gaming sustainability can impact P/E ratios. |
| Competition risk (Digital sports betting) | High | Online operators capture share from traditional regional casinos. |
| Business quality | Strong | The company has a consistent track record of operational efficiency. |
| Dividend income | Low | Dividends are not the primary focus of the capital allocation strategy. |
| Execution risk | Medium | Successful integration of regional assets and digital partnerships is critical. |
Price Behavior
Downtrend
The stock has experienced a sustained decline in price over recent periods.
Smooth
The stock has moved along a generally orderly path with only modest fluctuations.
Analysis of Past Performance
Type Stock | Historic Profit 18.07% | Avg. Invested days 75 | Today’s Advisory PASS |
Upturn Advisory Rating  | Upturn Advisory Performance  2.0 | Stock Returns Performance  2.0 |
| Profits based on simulation | Last Close 09/25/2026 |
Upturn Scorecard
Upturn Star Rating 
Company Fundamentals
Financial Health Rating
Growth Momentum Score
Ownership
Top 5 Institutional Investors
Unit Economics (Per $1K Revenue)
Economic Dimensions
Quantitative Style Profile
Style Classification
Quality Focused
Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 5.18B USD | Price to earnings Ratio 3.16 | 1Y Target Price 95.94 |
Price to earnings Ratio 3.16 | 1Y Target Price 95.94 | ||
Volume (30-day avg) 926.2K shares | Beta 1.07 | 52 Weeks Range 69.90 - 91.17 | Updated Date 09/27/2026 |
52 Weeks Range 69.90 - 91.17 | Updated Date 09/27/2026 | ||
Dividends yield (FY) 1.06% | Basic EPS (TTM) 22.54 |
How Company Makes Money
| Business area | What it includes | Retail investor read |
|---|---|---|
| Gaming Operations | Slot machines, table games, and related casino floor entertainment. | The primary source of revenue is the actual gaming activity at the properties. |
| Food, Beverage & Hospitality | Hotels, dining, entertainment, and event hosting. | Non-gaming amenities provide essential revenue diversification and customer retention. |
| Geography: Regional US | Operations across the Midwest, South, and Nevada locals market. | Revenue is heavily dependent on the economic health of these specific US regions. |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Valuation
Trailing PE 3.16 | Forward PE 8.38 | Enterprise Value 8.15B | Price to Sales(TTM) 1.26 |
Enterprise Value 8.15B | Price to Sales(TTM) 1.26 | ||
Enterprise Value to Revenue 1.99 | Enterprise Value to EBITDA 2.95 | Shares Outstanding 72.66M | Shares Floating 47.92M |
Shares Outstanding 72.66M | Shares Floating 47.92M | ||
Percent Insiders 31.97 | Percent Institutions 76.09 |
Upturn AI Summary
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
Financial Metrics
🧭 Investment Snapshot
Total Revenue (Scale)
Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.
Net Income (Profit)
Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.
Free Cash Flow (Cash Strength)
Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.
📈 Growth & Strength
Operating Income (Core Profit)
Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.
EBITDA (Cash Earnings)
Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.
Gross Profit (Unit Profitability)
Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.
🛡️ Financial Safety
Cash (Liquidity Buffer)
Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.
Total Debt (Leverage Risk)
Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.
Net Working Capital (Short-Term Health)
Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.
🧱 Balance Sheet Strength
Stockholder Equity (Net Worth)
Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.
Total Assets (Asset Base)
The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.
Income Before Tax (Pre-Tax Earnings)
Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.
⚙️ Cost & Drag Factors
Cost of Revenue (Production Cost)
Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.
Total Operating Expenses (Operating Cost)
Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.
Income Tax Expense (Tax Drag)
Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.
About Boyd Gaming Corporation
Exchange NYSE | Headquarters Las Vegas, NV, United States | ||
IPO Launch date 1993-10-15 | President, CEO & Director Mr. Keith E. Smith | ||
Sector Consumer Cyclical | Industry Resorts & Casinos | Full time employees 16009 | Website https://www.boydgaming.com |
Full time employees 16009 | Website https://www.boydgaming.com | ||
Boyd Gaming Corporation, together with its subsidiaries, operates as a multi-jurisdictional gaming company in the United States and Canada. The company operates through Las Vegas Locals, Downtown Las Vegas, Midwest & South, and Online segments. It owns and operates casinos; Boyd Interactive, an online casino gaming business; and a travel agency. The company was formerly known as The Boyd Group and changed its name to Boyd Gaming Corporation in April 1993. Boyd Gaming Corporation was founded in 1975 and is headquartered in Las Vegas, Nevada.
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