Intrinsic value of Boyd Gaming - BYD

Previous Close

$37.34

  Intrinsic Value

$35.02

stock screener

  Rating & Target

hold

-6%

Previous close

$37.34

 
Intrinsic value

$35.02

 
Up/down potential

-6%

 
Rating

hold

*Intrinsic value change (in %) minus stock price change (in %) in the past 12 months.

We calculate the intrinsic value of BYD stock by summing up the current values of future distributable cash flows generated by the company and dividing the sum by the number of outstanding shares. As such, the intrinsic value calculation depends entirely on projections. The more accurate your projections of the company's performance are - the more reliable is the intrinsic value calculation result. Please make sure to check the stock valuation input data below and adjust it if necessary. The quality of the output (intrinsic valuation result) is only as good as the quality of the input. See also DISCLAIMERS.

Please visit our new site that uses elements of artificial intelligence for stock valuation: artificial intelligence value of Boyd Gaming (BYD) stock.

STOCK VALUATION INPUT DATA

Initial revenue growth rate, %
Terminal revenue growth rate, %
Revenue decline factor
Initial discount rate, %
Discount rate multiplier
Shares outstanding, mln

 

FINANCIAL STATEMENTS FORECAST and PRESENT VALUE CALCULATION

Fiscal year
2016(a)
   2017
   2018
   2019
   2020
   2021
   2022
   2023
   2024
   2025
   2026
   2027
   2028
   2029
   2030
   2031
   2032
   2033
   2034
   2035
   2036
   2037
   2038
   2039
   2040
   2041
   2042
   2043
   2044
   2045
   2046

INCOME STATEMENT

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Revenue growth rate, %
  -0.68
  10.50
  9.95
  9.45
  9.01
  8.61
  8.25
  7.92
  7.63
  7.37
  7.13
  6.92
  6.73
  6.55
  6.40
  6.26
  6.13
  6.02
  5.92
  5.83
  5.74
  5.67
  5.60
  5.54
  5.49
  5.44
  5.39
  5.36
  5.32
  5.29
  5.26
Revenue, $m
  2,184
  2,413
  2,653
  2,904
  3,166
  3,439
  3,722
  4,017
  4,324
  4,642
  4,973
  5,317
  5,675
  6,047
  6,434
  6,836
  7,255
  7,692
  8,147
  8,622
  9,117
  9,634
  10,174
  10,737
  11,327
  11,943
  12,587
  13,261
  13,966
  14,705
  15,478
Variable operating expenses, $m
 
  474
  513
  554
  596
  640
  686
  734
  784
  835
  889
  862
  920
  981
  1,043
  1,109
  1,177
  1,248
  1,321
  1,398
  1,479
  1,562
  1,650
  1,741
  1,837
  1,937
  2,041
  2,151
  2,265
  2,385
  2,510
Fixed operating expenses, $m
 
  1,606
  1,646
  1,687
  1,730
  1,773
  1,817
  1,863
  1,909
  1,957
  2,006
  2,056
  2,107
  2,160
  2,214
  2,269
  2,326
  2,384
  2,444
  2,505
  2,568
  2,632
  2,698
  2,765
  2,834
  2,905
  2,978
  3,052
  3,129
  3,207
  3,287
Total operating expenses, $m
  1,966
  2,080
  2,159
  2,241
  2,326
  2,413
  2,503
  2,597
  2,693
  2,792
  2,895
  2,918
  3,027
  3,141
  3,257
  3,378
  3,503
  3,632
  3,765
  3,903
  4,047
  4,194
  4,348
  4,506
  4,671
  4,842
  5,019
  5,203
  5,394
  5,592
  5,797
Operating income, $m
  218
  333
  494
  663
  840
  1,025
  1,219
  1,420
  1,631
  1,850
  2,078
  2,399
  2,647
  2,906
  3,176
  3,458
  3,752
  4,060
  4,382
  4,719
  5,071
  5,440
  5,826
  6,231
  6,655
  7,101
  7,568
  8,058
  8,573
  9,113
  9,681
EBITDA, $m
  414
  592
  770
  958
  1,154
  1,359
  1,573
  1,796
  2,029
  2,271
  2,524
  2,787
  3,061
  3,347
  3,646
  3,957
  4,282
  4,622
  4,977
  5,348
  5,736
  6,143
  6,569
  7,015
  7,482
  7,972
  8,487
  9,026
  9,592
  10,187
  10,811
Interest expense (income), $m
  197
  195
  219
  244
  270
  297
  325
  354
  385
  417
  449
  484
  519
  556
  595
  635
  677
  720
  765
  812
  861
  913
  966
  1,022
  1,080
  1,141
  1,205
  1,272
  1,342
  1,415
  1,491
Earnings before tax, $m
  8
  138
  275
  420
  571
  729
  894
  1,066
  1,246
  1,433
  1,629
  1,915
  2,128
  2,350
  2,581
  2,823
  3,076
  3,340
  3,617
  3,906
  4,209
  4,527
  4,860
  5,209
  5,575
  5,959
  6,363
  6,786
  7,231
  7,699
  8,190
Tax expense, $m
  -197
  37
  74
  113
  154
  197
  241
  288
  336
  387
  440
  517
  574
  634
  697
  762
  831
  902
  977
  1,055
  1,137
  1,222
  1,312
  1,406
  1,505
  1,609
  1,718
  1,832
  1,952
  2,079
  2,211
Net income, $m
  418
  101
  201
  306
  417
  532
  652
  778
  909
  1,046
  1,189
  1,398
  1,553
  1,715
  1,884
  2,061
  2,245
  2,438
  2,640
  2,852
  3,073
  3,305
  3,548
  3,802
  4,070
  4,350
  4,645
  4,954
  5,279
  5,620
  5,979

BALANCE SHEET

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Cash and short-term investments, $m
  194
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Total assets, $m
  4,671
  4,945
  5,437
  5,951
  6,488
  7,046
  7,627
  8,232
  8,860
  9,513
  10,191
  10,896
  11,629
  12,391
  13,183
  14,009
  14,868
  15,763
  16,695
  17,668
  18,682
  19,742
  20,847
  22,003
  23,210
  24,472
  25,793
  27,174
  28,620
  30,133
  31,718
Adjusted assets (=assets-cash), $m
  4,477
  4,945
  5,437
  5,951
  6,488
  7,046
  7,627
  8,232
  8,860
  9,513
  10,191
  10,896
  11,629
  12,391
  13,183
  14,009
  14,868
  15,763
  16,695
  17,668
  18,682
  19,742
  20,847
  22,003
  23,210
  24,472
  25,793
  27,174
  28,620
  30,133
  31,718
Revenue / Adjusted assets
  0.488
  0.488
  0.488
  0.488
  0.488
  0.488
  0.488
  0.488
  0.488
  0.488
  0.488
  0.488
  0.488
  0.488
  0.488
  0.488
  0.488
  0.488
  0.488
  0.488
  0.488
  0.488
  0.488
  0.488
  0.488
  0.488
  0.488
  0.488
  0.488
  0.488
  0.488
Average production assets, $m
  3,301
  3,647
  4,009
  4,388
  4,784
  5,196
  5,624
  6,070
  6,533
  7,014
  7,514
  8,034
  8,575
  9,137
  9,721
  10,329
  10,963
  11,623
  12,311
  13,028
  13,776
  14,557
  15,372
  16,224
  17,114
  18,045
  19,019
  20,037
  21,103
  22,219
  23,388
Working capital, $m
  -58
  -246
  -271
  -296
  -323
  -351
  -380
  -410
  -441
  -473
  -507
  -542
  -579
  -617
  -656
  -697
  -740
  -785
  -831
  -879
  -930
  -983
  -1,038
  -1,095
  -1,155
  -1,218
  -1,284
  -1,353
  -1,425
  -1,500
  -1,579
Total debt, $m
  3,229
  3,587
  3,994
  4,420
  4,864
  5,326
  5,807
  6,308
  6,828
  7,368
  7,930
  8,514
  9,121
  9,752
  10,408
  11,091
  11,802
  12,543
  13,316
  14,121
  14,961
  15,838
  16,754
  17,710
  18,710
  19,755
  20,848
  21,992
  23,189
  24,442
  25,754
Total liabilities, $m
  3,737
  4,095
  4,502
  4,928
  5,372
  5,834
  6,315
  6,816
  7,336
  7,876
  8,438
  9,022
  9,629
  10,260
  10,916
  11,599
  12,310
  13,051
  13,824
  14,629
  15,469
  16,346
  17,262
  18,218
  19,218
  20,263
  21,356
  22,500
  23,697
  24,950
  26,262
Total equity, $m
  934
  851
  935
  1,024
  1,116
  1,212
  1,312
  1,416
  1,524
  1,636
  1,753
  1,874
  2,000
  2,131
  2,268
  2,409
  2,557
  2,711
  2,872
  3,039
  3,213
  3,396
  3,586
  3,784
  3,992
  4,209
  4,436
  4,674
  4,923
  5,183
  5,455
Total liabilities and equity, $m
  4,671
  4,946
  5,437
  5,952
  6,488
  7,046
  7,627
  8,232
  8,860
  9,512
  10,191
  10,896
  11,629
  12,391
  13,184
  14,008
  14,867
  15,762
  16,696
  17,668
  18,682
  19,742
  20,848
  22,002
  23,210
  24,472
  25,792
  27,174
  28,620
  30,133
  31,717
Debt-to-equity ratio
  3.457
  4.220
  4.270
  4.320
  4.360
  4.390
  4.430
  4.460
  4.480
  4.500
  4.520
  4.540
  4.560
  4.580
  4.590
  4.600
  4.620
  4.630
  4.640
  4.650
  4.660
  4.660
  4.670
  4.680
  4.690
  4.690
  4.700
  4.710
  4.710
  4.720
  4.720
Adjusted equity ratio
  0.165
  0.172
  0.172
  0.172
  0.172
  0.172
  0.172
  0.172
  0.172
  0.172
  0.172
  0.172
  0.172
  0.172
  0.172
  0.172
  0.172
  0.172
  0.172
  0.172
  0.172
  0.172
  0.172
  0.172
  0.172
  0.172
  0.172
  0.172
  0.172
  0.172
  0.172

CASH FLOW

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net income, $m
  418
  101
  201
  306
  417
  532
  652
  778
  909
  1,046
  1,189
  1,398
  1,553
  1,715
  1,884
  2,061
  2,245
  2,438
  2,640
  2,852
  3,073
  3,305
  3,548
  3,802
  4,070
  4,350
  4,645
  4,954
  5,279
  5,620
  5,979
Depreciation, amort., depletion, $m
  196
  259
  276
  295
  314
  334
  354
  376
  398
  421
  446
  388
  414
  441
  470
  499
  530
  561
  595
  629
  665
  703
  743
  784
  827
  872
  919
  968
  1,019
  1,073
  1,130
Funds from operations, $m
  269
  360
  477
  601
  730
  866
  1,007
  1,154
  1,308
  1,468
  1,635
  1,786
  1,967
  2,157
  2,354
  2,560
  2,775
  3,000
  3,235
  3,481
  3,738
  4,008
  4,290
  4,586
  4,897
  5,222
  5,564
  5,922
  6,298
  6,693
  7,109
Change in working capital, $m
  -6
  -23
  -24
  -26
  -27
  -28
  -29
  -30
  -31
  -32
  -34
  -35
  -36
  -38
  -39
  -41
  -43
  -45
  -46
  -48
  -51
  -53
  -55
  -58
  -60
  -63
  -66
  -69
  -72
  -75
  -79
Cash from operations, $m
  275
  383
  502
  626
  757
  893
  1,036
  1,184
  1,339
  1,500
  1,668
  1,821
  2,004
  2,194
  2,393
  2,601
  2,818
  3,044
  3,281
  3,529
  3,789
  4,061
  4,345
  4,644
  4,957
  5,285
  5,629
  5,991
  6,370
  6,769
  7,187
Maintenance CAPEX, $m
  0
  -159
  -176
  -194
  -212
  -231
  -251
  -272
  -293
  -316
  -339
  -363
  -388
  -414
  -441
  -470
  -499
  -530
  -561
  -595
  -629
  -665
  -703
  -743
  -784
  -827
  -872
  -919
  -968
  -1,019
  -1,073
New CAPEX, $m
  -160
  -346
  -363
  -379
  -395
  -412
  -429
  -446
  -463
  -481
  -500
  -520
  -540
  -562
  -585
  -608
  -633
  -660
  -688
  -717
  -748
  -781
  -815
  -852
  -890
  -931
  -974
  -1,019
  -1,066
  -1,116
  -1,169
Cash from investing activities, $m
  -141
  -505
  -539
  -573
  -607
  -643
  -680
  -718
  -756
  -797
  -839
  -883
  -928
  -976
  -1,026
  -1,078
  -1,132
  -1,190
  -1,249
  -1,312
  -1,377
  -1,446
  -1,518
  -1,595
  -1,674
  -1,758
  -1,846
  -1,938
  -2,034
  -2,135
  -2,242
Free cash flow, $m
  134
  -122
  -37
  54
  150
  250
  356
  467
  582
  703
  829
  938
  1,075
  1,218
  1,367
  1,523
  1,685
  1,855
  2,032
  2,217
  2,411
  2,614
  2,827
  3,049
  3,283
  3,527
  3,784
  4,053
  4,336
  4,633
  4,946
Issuance/(repayment) of debt, $m
  -40
  388
  407
  426
  444
  462
  481
  500
  520
  540
  562
  584
  607
  631
  656
  683
  711
  741
  772
  805
  840
  877
  916
  957
  1,000
  1,045
  1,093
  1,144
  1,197
  1,253
  1,312
Issuance/(repurchase) of shares, $m
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Cash from financing (excl. dividends), $m  
  -99
  388
  407
  426
  444
  462
  481
  500
  520
  540
  562
  584
  607
  631
  656
  683
  711
  741
  772
  805
  840
  877
  916
  957
  1,000
  1,045
  1,093
  1,144
  1,197
  1,253
  1,312
Total cash flow (excl. dividends), $m
  35
  266
  370
  479
  594
  713
  837
  967
  1,103
  1,244
  1,391
  1,522
  1,682
  1,849
  2,024
  2,206
  2,397
  2,596
  2,804
  3,023
  3,251
  3,491
  3,742
  4,006
  4,282
  4,572
  4,877
  5,197
  5,533
  5,887
  6,258
Retained Cash Flow (-), $m
  -426
  -81
  -85
  -88
  -92
  -96
  -100
  -104
  -108
  -112
  -117
  -121
  -126
  -131
  -136
  -142
  -148
  -154
  -160
  -167
  -175
  -182
  -190
  -199
  -208
  -217
  -227
  -238
  -249
  -260
  -273
Prev. year cash balance distribution, $m
 
  164
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Cash flow adjustment, $m
 
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Cash available for distribution, $m
 
  349
  286
  391
  501
  617
  737
  863
  995
  1,131
  1,274
  1,401
  1,556
  1,718
  1,887
  2,064
  2,249
  2,442
  2,644
  2,855
  3,077
  3,309
  3,552
  3,807
  4,075
  4,355
  4,650
  4,960
  5,285
  5,626
  5,985
Discount rate, %
 
  11.30
  11.87
  12.46
  13.08
  13.74
  14.42
  15.14
  15.90
  16.70
  17.53
  18.41
  19.33
  20.29
  21.31
  22.37
  23.49
  24.67
  25.90
  27.19
  28.55
  29.98
  31.48
  33.06
  34.71
  36.44
  38.27
  40.18
  42.19
  44.30
  46.51
PV of cash for distribution, $m
 
  314
  228
  275
  307
  324
  329
  322
  305
  282
  253
  218
  187
  156
  126
  100
  77
  58
  42
  30
  20
  13
  9
  5
  3
  2
  1
  1
  0
  0
  0
Current shareholders' claim on cash, %
  100
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0

Boyd Gaming Corporation is a multi-jurisdictional gaming company. The Company operated 24 wholly owned gaming entertainment properties in Nevada, Illinois, Indiana, Iowa, Kansas, Louisiana and Mississippi, as of December 31, 2016. It operates through three segments: Las Vegas Locals, Downtown Las Vegas, and Midwest and South. It owns and operates a travel agency and a captive insurance company that underwrites travel-related insurance, each located in Hawaii. The Company's Las Vegas Locals segment includes properties, such as Gold Coast Hotel and Casino, The Orleans Hotel and Casino, and Sam's Town Hotel and Gambling Hall. The Downtown Las Vegas segment includes three properties, such as California Hotel and Casino Fremont Hotel and Casino and Main Street Station Casino, Brewery and Hotel Street Station. Its Midwest and South segment's properties include Par-A-Dice Hotel Casino, Diamond Jo Dubuque, Diamond Jo Worth, Kansas Star Casino, Amelia Belle Casino and Evangeline Downs.

FINANCIAL RATIOS  of  Boyd Gaming (BYD)

Valuation Ratios
P/E Ratio 10.1
Price to Sales 1.9
Price to Book 4.5
Price to Tangible Book
Price to Cash Flow 15.3
Price to Free Cash Flow 36.7
Growth Rates
Sales Growth Rate -0.7%
Sales - 3 Yr. Growth Rate %
EPS Growth Rate %
EPS - 3 Yr. Growth Rate %
Capital Spending Gr. Rate 22.1%
Cap. Spend. - 3 Yr. Gr. Rate 2%
Financial Strength
Quick Ratio 6
Current Ratio 0
LT Debt to Equity 342.5%
Total Debt to Equity 345.7%
Interest Coverage 1
Management Effectiveness
Return On Assets 121.2%
Ret/ On Assets - 3 Yr. Avg. 45.7%
Return On Total Capital 10.5%
Ret/ On T. Cap. - 3 Yr. Avg. 3.5%
Return On Equity 58%
Return On Equity - 3 Yr. Avg. 18.7%
Asset Turnover 0.5
Profitability Ratios
Gross Margin 46.3%
Gross Margin - 3 Yr. Avg. 45.6%
EBITDA Margin 18.4%
EBITDA Margin - 3 Yr. Avg. 19.2%
Operating Margin 10%
Oper. Margin - 3 Yr. Avg. 9.5%
Pre-Tax Margin 0.4%
Pre-Tax Margin - 3 Yr. Avg. -0.7%
Net Profit Margin 19.1%
Net Profit Margin - 3 Yr. Avg. 6.3%
Effective Tax Rate -2462.5%
Eff/ Tax Rate - 3 Yr. Avg. -876.2%
Payout Ratio 0%

BYD stock valuation input parameters

Revenue. Company's revenue (or sales) is always the starting point of any cash flow forecast. In the BYD stock intrinsic value calculation we used $2184 million for the last fiscal year's total revenue generated by Boyd Gaming. The default revenue input number comes from 2016 income statement of Boyd Gaming. You may change it if you feel that it should be adjusted for some unusual circumstances that are not expected to be repeated in the future or if you already know (from interim financial statements, for example) that this year's revenue is going to be quite different.

Revenue growth rate. Forecasted future revenue growth rate is the most important input parameter for the intrinsic value calculation. Unlike other input parameters that are reasonably expected to be in line with their historic averages or their historic trends, the revenue growth rate by and large is a wild card: nobody really knows what the company's revenue will be in the future. Of course, the level of unpredictability is different for different industries (utility companies being the most predictable and, thus, less risky).
    We use three input parameters to forecast the revenue growth rate in our BYD stock valuation model: a) initial revenue growth rate of 10.5% whose default value is the revenue growth rate in the most recent quarter compared to the quarterly revenue a year ago; b) terminal revenue growth rate of 5% whose default value is chosen to be close to the average nominal (i.e. not adjusted for inflation) GDP growth rate; and c) revenue decline factor of 0.9, which stipulates that revenue growth rate in each forecasted year will be equal to the difference of the revenue growth rate in the preceding year and the terminal revenue growth rate multiplied by this revenue decline factor (with the passage of time the revenue growth rate will be approaching the terminal revenue growth rate, but not quite reaching it - though the difference could be infinitesimally small).
    At the revenue decline factor of 1, the future revenue growth rate is forecasted to be constant and equal to the initial revenue growth rate. The smaller the revenue decline factor, the faster the revenue growth rate will approach the terminal revenue growth.

Discount rate. The discount rate is used for determining the present value of future cash flows: future cash flows are "discounted" as at normal conditions (that translate into positive expected return on investment) one dollar today is worth more than the same dollar in the future. Unlike all other valuation models, we use variable discount rate, i.e. it increases for each consecutive year. This is done to account for higher risk of cash flows coming in further in the future.
    The initial discount rate of 11.3%, whose default value for BYD is calculated based on our internal credit rating of Boyd Gaming, is applied to the cash flow expected to be received a year from now (well, actually, to be precise, in the financial year following the base year - the last year for which we have financial statements). For each consecutive year the discount rate is multiplied by the discount rate multiplier of 1.05, e.i. each year it increases by 5%. Feel free to change this number to correspond to your level of risk assessment of Boyd Gaming.
    By the way, it is easy to set the discount rate to be constant (this would make comparison with other valuation models easier): just set the discount rate multiplier equal to 1 and chose the magnitude of the initial discount rate to your liking.

Variable cost ratio is the ratio of variable costs (i.e. costs that fluctuate with fluctuation of the volume of production) to the revenue expressed as a percentage. In the calculation of intrinsic value of BYD stock the variable cost ratio is equal to 20%.

Fixed operating expenses is just that - expenses that are not dependant on the volume of production. They are set to $1567 million in the base year in the intrinsic value calculation for BYD stock. These expenses increase with the level of inflation in subsequent years.

Interest rate on debt is the average all-in rate of interest paid by the company on its debt. It is set at 6.1% for Boyd Gaming.

Corporate tax rate of 27% is the nominal tax rate for Boyd Gaming. In reality, companies find ways to pay much less taxes than that or not to pay them at all.

Cash flow adjustment could be used for any adjustment the investor deems necessary. Most commonly we use this field to account for stock options-related effects in excess of what is reported on the company's income statement. The cash flow adjustment is expressed as a percentage of the revenue, and in the current valuation of the BYD stock is equal to 0%.

Production assets are the company's assets used for manufacturing products or provision of services. In the valuation model input table they are expressed as a percentage of revenue and for BYD are equal to 151.1%.

Life of production assets of 20.7 years is the average useful life of capital assets used in Boyd Gaming operations. It is used to calculate yearly capital expenditures needed to keep these assets in good order - we call it the maintenance CAPEX.

Working capital is the difference between the company's current assets and liabilities. In the model we use the ratio of working capital to revenue, which for BYD is equal to -10.2%. A negative number means that the company is apt at using financial resources of its suppliers and customers; a large positive number, on the other hand, means that it either provides in-kind financing to others or is not good at managing its inventories.

Book value of equity - $934 million for Boyd Gaming - is used in calculation of the "floor" for intrinsic valuation based on the discounted cash flow (DCF) method. Even if the prospects are very bad for a company, its assets could always be sold now for their current fair market value.

Shares outstanding of 113.837 million for Boyd Gaming is needed to calculate the intrinsic value of one share.

Market capitalization is used here only for reference purposes and as a quick check that the share price and the number of shares outstanding numbers are correct - something especially to be cognizant about at stock splits. So, the market capitalization of Boyd Gaming at the current share price and the inputted number of shares is $4.3 billion.

RELATED COMPANIES Price Int.Val. Rating
PENN Penn National 28.06 2.71  str.sell
MCRI Monarch Casino 44.39 33.25  sell
ERI Eldorado Resor 33.55 22.41  sell
CNTY Century Casino 8.52 4.31  str.sell
WYNN Wynn Resorts 164.28 82.76  str.sell

COMPANY NEWS

▶ MGM Resorts Misses Profit Forecasts; Boyd Gaming Due Late   [Feb-20-18 09:33AM  Investor's Business Daily]
▶ Steve Wynn out as CEO of Wynn Resorts   [Feb-07-18 01:46PM  Yahoo Finance Video]
▶ BofA Bets On Boyd Gaming's Growth, Potential   [Jan-05-18 03:51PM  Benzinga]
▶ Boyd Gaming Corporation (NYSE:BYD): Are Analysts Bullish?   [Dec-23-17 07:45AM  Simply Wall St.]
▶ Boyd Gaming buying Valley Forge Casino Resort for $280M   [12:40PM  American City Business Journals]
▶ Boyd Gaming To Acquire Valley Forge Casino Resort   [Dec-20-17 04:05PM  PR Newswire]
▶ Boyd Gaming Announces Quarterly Dividend   [Dec-07-17 03:45PM  PR Newswire]
▶ Boyd misses 3Q profit forecasts   [06:27PM  Associated Press]
▶ The Latest: Pence plans to visit Las Vegas on Saturday   [Oct-06-17 08:33PM  Associated Press]
▶ Stocks To Watch: Boyd Gaming Sees RS Rating Rise To 84   [03:00AM  Investor's Business Daily]
▶ Boyd Gaming Announces Quarterly Dividend   [Sep-06-17 04:05PM  PR Newswire]
▶ ETFs with exposure to Boyd Gaming Corp. : August 18, 2017   [Aug-18-17 04:30PM  Capital Cube]
▶ Boyd misses 2Q profit forecasts   [Jul-27-17 09:54PM  Associated Press]
▶ These 3 Casino Stocks Are Near Buy Zones Ahead Of Earnings   [Jul-25-17 01:06PM  Investor's Business Daily]
▶ 3 Stocks With Starbucks-Like Return Potential   [Jul-24-17 05:51PM  Motley Fool]
▶ ETFs with exposure to Boyd Gaming Corp. : July 14, 2017   [Jul-14-17 01:17PM  Capital Cube]
▶ 3 Growth Stocks for Thrifty Investors   [Jun-22-17 12:33PM  Motley Fool]
▶ Pros No Longer Like The Odds On Boyd Gaming   [Jun-20-17 02:00PM  Benzinga]
Financial statements of BYD
Follow us on:   twitter   twitter   twitter   twitter

ASSET ALLOCATION

About X-FIN       Site news       Privacy policy       Terms of use       FAQ

Copyright © X-FIN.com 2005-2018. All rigths reserved.