Head-To-Head Contrast: Boyd Gaming (BYD) versus Its Competitors

Boyd Gaming (NYSE:BYD) is one of 382 public companies in the “Hotels, Restaurants & Leisure” industry, but how does it weigh in compared to its peers? We will compare Boyd Gaming to similar businesses based on the strength of its dividends, institutional ownership, risk, profitability, valuation, earnings and analyst recommendations.

Volatility & Risk

Boyd Gaming has a beta of 1.12, meaning that its share price is 12% more volatile than the S&P 500. Comparatively, Boyd Gaming’s peers have a beta of 1.63, meaning that their average share price is 63% more volatile than the S&P 500.

Profitability

This table compares Boyd Gaming and its peers’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Boyd Gaming	12.29%	22.32%	8.48%
Boyd Gaming Competitors	2.33%	-40.13%	2.12%

Earnings & Valuation

This table compares Boyd Gaming and its peers gross revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Boyd Gaming	$4.09 billion	$1.84 billion	10.99
Boyd Gaming Competitors	$3.31 billion	$247.14 million	-148.55

Boyd Gaming has higher revenue and earnings than its peers. Boyd Gaming is trading at a higher price-to-earnings ratio than its peers, indicating that it is currently more expensive than other companies in its industry.

Dividends

Boyd Gaming pays an annual dividend of $0.80 per share and has a dividend yield of 1.1%. Boyd Gaming pays out 12.1% of its earnings in the form of a dividend. As a group, “Hotels, Restaurants & Leisure” companies pay a dividend yield of 3.3% and pay out 37.1% of their earnings in the form of a dividend. Boyd Gaming has raised its dividend for 4 consecutive years.

Analyst Ratings

This is a breakdown of recent recommendations for Boyd Gaming and its peers, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Boyd Gaming	0	8	7	1	2.56
Boyd Gaming Competitors	3789	17180	25454	901	2.50

Boyd Gaming currently has a consensus target price of $89.46, indicating a potential upside of 22.99%. As a group, “Hotels, Restaurants & Leisure” companies have a potential upside of 60.60%. Given Boyd Gaming’s peers higher probable upside, analysts clearly believe Boyd Gaming has less favorable growth aspects than its peers.

Insider & Institutional Ownership

76.8% of Boyd Gaming shares are held by institutional investors. Comparatively, 48.6% of shares of all “Hotels, Restaurants & Leisure” companies are held by institutional investors. 22.8% of Boyd Gaming shares are held by company insiders. Comparatively, 22.2% of shares of all “Hotels, Restaurants & Leisure” companies are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.

Summary

Boyd Gaming beats its peers on 11 of the 15 factors compared.

Boyd Gaming Company Profile

Boyd Gaming Corporation, together with its subsidiaries, operates as a multi-jurisdictional gaming company in Nevada, Illinois, Indiana, Iowa, Kansas, Louisiana, Mississippi, Missouri, Ohio, and Pennsylvania. The company operates through Las Vegas Locals, Downtown Las Vegas, Midwest & South, and Online segments. It also engages in owning and operating a travel agency. Boyd Gaming Corporation was founded in 1975 and is headquartered in Las Vegas, Nevada.