Wall Street analysts forecast that Boyd Gaming (BYD) will report quarterly earnings of $1.55 per share in its upcoming release, pointing to a year-over-year increase of 2%. It is anticipated that revenues will amount to $865.81 million, exhibiting a decrease of 9.9% compared to the year-ago quarter.Over the last 30 days, there has been an upward revision of 1.7% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of th ...

Key Takeaways Boyd Gaming is set to report Q3 EPS of $1.55, up 2% year over year, on $865.8M in revenues.Midwest and South strength and disciplined operations likely supported quarterly results.Renovation-related impacts, weaker Las Vegas travel and inflationary costs may weigh on Q3.Boyd Gaming Corporation (BYD) is scheduled to report third-quarter 2025 results on Oct. 23, after the closing bell.BYD’s earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, with an average surprise ...

Investors interested in stocks from the Gaming sector have probably already heard of Boyd Gaming (BYD) and Take-Two Interactive (TTWO) . But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look.Everyone has their own methods for finding great value opportunities, but our model includes pairing an impressive grade in the Value category of our Style Scores system with a strong Zacks Rank. The Zacks Rank is a proven strategy that targets companies w ...

The Consumer Discretionary group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is Boyd Gaming (BYD) one of those stocks right now? A quick glance at the company's year-to-date performance in comparison to the rest of the Consumer Discretionary sector should help us answer this question.Boyd Gaming is a member of our Consumer Discretionary group, which includes 264 different companies and currently sits at #10 in the Zacks Sector Rank. Th ...

Core Viewpoint - Boyd Gaming (BYD) has shown strong stock performance, reaching a new 52-week high and outperforming both the Zacks Consumer Discretionary sector and the Zacks Gaming industry in year-to-date returns [1][2]. Performance Metrics - Boyd's stock has increased by 20% since the beginning of the year, compared to a 9.1% increase in the Zacks Consumer Discretionary sector and a 24.8% return in the Zacks Gaming industry [1]. - The stock has consistently beaten earnings estimates, reporting an EPS of $1.87 against a consensus estimate of $1.67 in its last earnings report [2]. Earnings Projections - For the current fiscal year, Boyd is projected to achieve earnings of $6.91 per share with revenues of $3.77 billion, reflecting a 5.5% increase in EPS but a 4.04% decrease in revenues [3]. - The next fiscal year is expected to see earnings of $7.54 per share on revenues of $3.57 billion, indicating a year-over-year EPS growth of 9.12% but a revenue decline of 5.29% [3]. Valuation Metrics - Boyd's stock trades at 12.6 times the current fiscal year EPS estimates, significantly lower than the peer industry average of 25.6 times [7]. - The trailing cash flow multiple is 8.6 times, compared to the peer group's average of 11.9 times, and the PEG ratio stands at 2.45, positioning Boyd favorably for value investors [7]. Style Scores - Boyd has a Value Score of A, with Growth and Momentum Scores of C and B, respectively, resulting in a VGM Score of B [6]. - The Zacks Rank for Boyd is 2 (Buy), supported by a positive earnings estimate revision trend, making it a suitable choice for investors looking for stocks with strong potential [8].

Core Points - Boyd Gaming Corp. has not disclosed whether it paid a ransom following a cyberattack on its internal IT systems [1][2] - The company operates 11 properties, including three in downtown Las Vegas, and reported the cyberattack in a filing with the SEC [2] - Boyd Gaming took immediate action by engaging external cybersecurity experts and cooperating with federal law enforcement [3] Cyberattack Context - In 2023, two notable cyberattacks targeted casino companies: Caesars Entertainment paid a $15 million ransom, while MGM Resorts did not and faced an estimated $100 million in costs due to system downtime [4] - Boyd Gaming does not anticipate any material costs resulting from the cyberattack [4] Financial Implications - The company believes the incident will not materially affect its financial condition or operational results [5] - Boyd maintains a comprehensive cybersecurity insurance policy that is expected to cover costs related to incident response, forensic investigations, business interruptions, legal actions, and regulatory fines, subject to policy limits and deductibles [5] Security Measures - MGM's attack involved social engineering tactics, but Boyd has not disclosed how the cybercriminals accessed its systems [6]

Core Insights - BYD has surpassed Tesla in the European Union electric vehicle market for the second consecutive month, indicating a significant shift in market dynamics [1] - In August 2025, BYD sold over 13,500 vehicles, showcasing its growing presence and competitiveness in the EV sector [1] Company Performance - BYD's sales performance in August 2025 reflects a strong demand for its electric vehicles, contributing to its lead over Tesla in the EU market [1] - The sales figures suggest that BYD is effectively challenging the previously dominant position held by Tesla in the electric vehicle segment [1] Market Dynamics - The shift in market leadership from Tesla to BYD highlights the increasing competition within the electric vehicle industry in Europe [1] - This development may signal a changing landscape for electric vehicle manufacturers, as new players like BYD gain traction [1]

Core Viewpoint - Berkshire Hathaway has exited its investment in BYD, marking the end of a 17-year relationship that generated significant returns for the American investment firm [1][2][3] Company Summary - Berkshire Hathaway's energy unit marked the value of its BYD shares as zero as of March 2025, as reported in a filing to the U.S. Securities and Exchange Commission [2] - The investment began in 2008 when Berkshire Hathaway acquired a 10% stake in BYD for approximately $230 million, with shares trading at around HK$8 each [4] - BYD has achieved a market capitalization exceeding HK$1 trillion in Hong Kong and 975 billion yuan ($137 billion) in Shenzhen, with its chairman Wang Chuanfu now being China's 11th richest person with a net worth of $24.4 billion [5] Industry Summary - BYD is expected to miss its 2025 sales target of 5.5 million electric vehicles (EVs) globally due to intense competition and regulatory pressures against discounting strategies [6] - Deutsche Bank forecasts BYD will deliver 4.7 million cars globally in 2025, while Morningstar predicts 4.8 million [6]

Core Insights - Boyd Group Services Inc. is a leading consolidator in the North American collision repair and auto glass sector, with a focus on strategic acquisitions and disciplined capital allocation to expand its network of specialized repair centers [2][4][44] - The company aims to achieve approximately $5 billion in revenue and $700 million in adjusted EBITDA by fiscal 2029, reflecting its ambitious long-term growth targets [2][16][29] Company Overview - Boyd operates non-franchised collision repair and auto glass centers across North America, emphasizing professional repair standards and economies of scale through acquisitions and organic growth [3][4] - The company maintains several operating banners tailored to local market preferences, including Boyd Autobody & Glass in Canada and various regional brands in the U.S. [4][5] Market Dynamics - Insurer networks favor consolidated providers like Boyd that can deliver consistent turnaround times and accurate estimates, which enhances partnerships and supports price stability [5][6] - The increasing complexity of vehicle technology, such as ADAS calibration, raises the value of standardized training and capital investment, positioning Boyd favorably in the market [5][6] Financial Performance - Boyd's financial metrics indicate a recent compression in valuation multiples due to a slowdown in store openings and negative same-store sales, prompting market reappraisals [10][16] - Historical compound annual growth in shareholder value is noted to be near 24%, reflecting earlier expansion and successful M&A strategies [16][17] Operational Model - The operational model integrates collision repair and auto glass services, allowing for standardized processes that enhance insurer contracting and procurement economies [24][25] - Investments in technician certification and calibration equipment are critical for maintaining quality and reducing warranty claims, which supports insurer confidence [23][24] Competitive Landscape - Boyd differentiates itself through a diversified brand portfolio, centralized procurement, and strong insurer relationships, while facing competition from national and regional chains like Gerber Collision & Glass [20][41] - The company's operational synergies, such as improved cycle times and procurement savings from acquisitions, strengthen its competitive position [21][22] Governance and Leadership - The leadership team has guided Boyd through multiple acquisition cycles and emphasizes integration discipline, capital allocation, and operational investments as key to achieving long-term targets [29][30] - Management's focus on operational metrics during periods of softness in same-store sales demonstrates a disciplined approach to maintaining investor confidence [30][32]

Group 1 - Boyd Gaming (BYD) has a Zacks Rank of 1 (Strong Buy), indicating a positive earnings outlook, while Take-Two Interactive (TTWO) has a Zacks Rank of 3 (Hold) [3][7] - Value investors typically assess various traditional metrics to identify undervalued stocks, including P/E ratio, P/S ratio, earnings yield, and cash flow per share [4] - BYD has a forward P/E ratio of 12.08, significantly lower than TTWO's forward P/E of 88.27, suggesting BYD may be undervalued [5] Group 2 - The PEG ratio for BYD is 2.36, while TTWO's PEG ratio is 2.58, indicating BYD's expected earnings growth is more favorable relative to its valuation [5] - BYD's P/B ratio is 4.79 compared to TTWO's P/B of 13.23, further supporting the notion that BYD is undervalued [6] - Based on the valuation metrics, BYD holds a Value grade of A, while TTWO has a Value grade of D, reinforcing BYD's position as the superior value option [6][7]