Core Viewpoint - Boyd Gaming (BYD) is currently positioned as a more attractive investment option compared to Red Rock Resorts (RRR) based on valuation metrics and earnings outlook [1][3][7]. Valuation Metrics - Boyd Gaming has a forward P/E ratio of 12.34, significantly lower than Red Rock Resorts' forward P/E of 35.50 [5]. - The PEG ratio for Boyd Gaming is 2.88, while Red Rock Resorts has a PEG ratio of 3.64, indicating that BYD is more favorably valued in relation to its expected earnings growth [5]. - Boyd Gaming's P/B ratio stands at 4.95, compared to Red Rock Resorts' P/B ratio of 17.6, further highlighting BYD's relative undervaluation [6]. Earnings Outlook - Boyd Gaming holds a Zacks Rank of 1 (Strong Buy), reflecting positive revisions to its earnings estimates, while Red Rock Resorts has a Zacks Rank of 3 (Hold) [3][7]. - The stronger estimate revision activity for Boyd Gaming suggests a more favorable earnings outlook compared to Red Rock Resorts [7].
BYD vs. RRR: Which Stock Is the Better Value Option?