
Boyd Gaming (BYD) Stock Forecast & Price Target
Boyd Gaming (BYD) Analyst Ratings
Bulls say
Boyd Gaming Corp has demonstrated a positive trend in its Adjusted EBITDA margin, which improved by 52 basis points year-over-year and 167 basis points quarter-over-quarter, indicating effective cost management and operational efficiency. The company's ongoing expansion strategy, highlighted by the addition of 53 new stores over the past year, is expected to contribute to margin improvement as these locations mature and as benefits from Project 360 materialize. Additionally, easing supply chain pressures should enhance parts availability, further supporting Boyd Gaming's operational performance.
Bears say
Boyd Gaming is currently experiencing negative same-store sales (SSS) trends, as evidenced by a decline of 2.1% in the second quarter, reflecting tough comparisons to pre-pandemic loss rates. The company is also encountering pressure from consumers who are postponing repairs, likely due to concerns over potential increases in insurance premiums, which further exacerbates its financial performance. Additionally, ongoing challenges such as a tight labor supply and disruptions from adverse weather conditions may hinder the company's operational efficiency and revenue generation capabilities moving forward.
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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