Head-To-Head Contrast: Boyd Gaming (BYD) and The Competition

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

Institutional & Insider Ownership

76.8% of Boyd Gaming shares are held by institutional investors. Comparatively, 48.7% of shares of all “Hotels, Restaurants & Leisure” companies are held by institutional investors. 22.8% of Boyd Gaming shares are held by insiders. Comparatively, 22.3% of shares of all “Hotels, Restaurants & Leisure” companies are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.

Analyst Ratings

This is a summary of recent ratings and price targets for Boyd Gaming and its peers, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Boyd Gaming	0	8	7	1	2.56
Boyd Gaming Competitors	3807	17285	25595	906	2.50

Boyd Gaming presently has a consensus price target of $89.46, indicating a potential upside of 16.92%. As a group, “Hotels, Restaurants & Leisure” companies have a potential upside of 58.77%. Given Boyd Gaming’s peers higher possible upside, analysts plainly believe Boyd Gaming has less favorable growth aspects than its peers.

Valuation and Earnings

This table compares Boyd Gaming and its peers revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Boyd Gaming	$4.09 billion	$1.84 billion	11.56
Boyd Gaming Competitors	$3.43 billion	$250.20 million	-155.62

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.

Volatility and Risk

Boyd Gaming has a beta of 1.13, indicating that its stock price is 13% more volatile than the S&P 500. Comparatively, Boyd Gaming’s peers have a beta of 1.44, indicating that their average stock price is 44% more volatile than the S&P 500.

Dividends

Boyd Gaming pays an annual dividend of $0.80 per share and has a dividend yield of 1.0%. 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 3.2% and pay out 38.8% of their earnings in the form of a dividend. Boyd Gaming has increased its dividend for 4 consecutive years.

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	3.93%	-40.66%	2.07%

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.