
Boyd Gaming (BYD) Stock Forecast & Price Target
Boyd Gaming (BYD) Analyst Ratings
Bulls say
Boyd Gaming Corp demonstrates a positive outlook driven by robust revenue growth across various segments, particularly in the Midwest and South where the company noted a stable consumer trend and significant year-over-year revenue gains from the Treasure Chest facility conversion. The online business has shown exceptional performance with a remarkable 52% year-over-year revenue increase, contributing $76 million in EBITDAR for FY24, indicating strong demand for online gaming solutions. Furthermore, with an influx of retirees and working-age individuals in the regional gaming sector, the company benefits from economic diversification and expanding incomes, enhancing its competitive position in the market.
Bears say
Boyd Gaming Corp has reported a year-over-year decline in revenues and EBITDAR within its Las Vegas Locals segment, with margins decreasing by 281 basis points, indicating potential operational challenges. Management anticipates continued softness in visitation and spending patterns, particularly for lower-income players in the South and Midwest, which are critical markets for the company. As economic pressures combined with diminishing consumer savings persist, regional gaming trends are expected to remain weak, raising concerns about further margin deterioration and overall financial performance into 2025.
This aggregate rating is based on analysts' research of Boyd Gaming and is not a guaranteed prediction by Public.com or investment advice.
Boyd Gaming (BYD) Analyst Forecast & Price Prediction
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