Boyd Gaming Corporation Just Missed Earnings - But Analysts Have Updated Their Models
Apr 28
U.S. Casinos and Gaming Industry Analysis
UpdatedApr 29, 2024
DataAggregated Company Financials
Companies42
- 7D-0.8%
- 3M-5.3%
- 1Y-11.4%
- YTDn/a
The Casinos and Gaming is pretty flat in the last 7 days, but DraftKings has stood out, gaining 6.0%. As for the longer term, the industry has declined 9.8% in the last year. Earnings are forecast to grow by 25% annually.
Industry Valuation and Performance
Has the U.S. Casinos and Gaming Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 29 Apr 2024 | US$124.4b | US$74.0b | US$3.3b | 14.5x | 37.6x | 1.7x |
| Wed, 27 Mar 2024 | US$135.2b | US$73.1b | US$3.2b | 17x | 42.6x | 1.8x |
| Fri, 23 Feb 2024 | US$133.3b | US$72.7b | US$2.9b | 14x | 45.7x | 1.8x |
| Sun, 21 Jan 2024 | US$131.1b | US$69.8b | US$2.2b | 14.6x | 58.8x | 1.9x |
| Tue, 19 Dec 2023 | US$129.2b | US$69.8b | US$2.2b | 14.7x | 58x | 1.9x |
| Thu, 16 Nov 2023 | US$129.8b | US$69.8b | US$2.2b | 14.1x | 58.4x | 1.9x |
| Sat, 14 Oct 2023 | US$118.2b | US$66.4b | US$1.4b | 15.9x | 86.7x | 1.8x |
| Mon, 11 Sep 2023 | US$130.8b | US$66.4b | US$1.4b | 17.8x | 96x | 2x |
| Wed, 09 Aug 2023 | US$136.7b | US$66.2b | US$1.4b | 17.8x | 97.9x | 2.1x |
| Fri, 07 Jul 2023 | US$126.7b | US$62.7b | US$1.5b | 13.2x | 83.8x | 2x |
| Sun, 04 Jun 2023 | US$135.4b | US$62.7b | US$1.4b | 13.5x | 93.5x | 2.2x |
| Tue, 02 May 2023 | US$136.9b | US$60.3b | -US$231,157,825.00 | 14.8x | -592.2x | 2.3x |
| Thu, 30 Mar 2023 | US$122.4b | US$58.8b | -US$751,957,686.00 | 15x | -162.7x | 2.1x |
| Sat, 25 Feb 2023 | US$125.0b | US$58.3b | -US$354,132,979.00 | 12.2x | -353x | 2.1x |
| Mon, 23 Jan 2023 | US$119.3b | US$56.9b | -US$620,295,064.00 | 12.2x | -192.3x | 2.1x |
| Wed, 21 Dec 2022 | US$105.6b | US$56.9b | -US$618,691,547.00 | 12x | -170.7x | 1.9x |
| Fri, 18 Nov 2022 | US$111.7b | US$56.8b | -US$568,470,229.00 | 12.5x | -196.5x | 2x |
| Sun, 16 Oct 2022 | US$89.9b | US$54.5b | US$425.7m | 11x | 211.2x | 1.7x |
| Tue, 13 Sep 2022 | US$106.1b | US$54.5b | US$426.9m | 11.1x | 248.7x | 1.9x |
| Thu, 11 Aug 2022 | US$106.1b | US$54.6b | -US$193,787,921.00 | 15.5x | -547.4x | 1.9x |
| Sat, 09 Jul 2022 | US$87.2b | US$50.0b | -US$1,256,414,115.00 | 13x | -69.4x | 1.7x |
| Mon, 06 Jun 2022 | US$98.2b | US$50.1b | -US$1,257,251,110.00 | 14.3x | -78.1x | 2x |
| Wed, 04 May 2022 | US$113.7b | US$50.6b | -US$1,701,047,933.00 | 16.5x | -66.8x | 2.2x |
| Fri, 01 Apr 2022 | US$127.2b | US$49.2b | -US$1,866,514,232.00 | 23.6x | -68.2x | 2.6x |
| Sun, 27 Feb 2022 | US$142.4b | US$49.8b | -US$1,929,375,208.00 | 21.6x | -73.8x | 2.9x |
| Tue, 25 Jan 2022 | US$125.8b | US$44.7b | -US$3,136,341,924.00 | 25.7x | -40.1x | 2.8x |
| Thu, 23 Dec 2021 | US$140.7b | US$44.7b | -US$3,129,569,657.00 | 34.5x | -44.9x | 3.1x |
| Sat, 20 Nov 2021 | US$148.8b | US$44.6b | -US$3,133,378,354.00 | 33.7x | -47.5x | 3.3x |
| Mon, 18 Oct 2021 | US$166.5b | US$39.7b | -US$6,071,397,553.00 | 30x | -27.4x | 4.2x |
| Wed, 15 Sep 2021 | US$147.0b | US$39.8b | -US$6,223,828,555.01 | 21.8x | -23.6x | 3.7x |
| Fri, 13 Aug 2021 | US$140.7b | US$39.7b | -US$6,193,483,050.97 | 23.2x | -22.7x | 3.5x |
| Tue, 08 Jun 2021 | US$164.2b | US$29.2b | -US$9,698,682,825.90 | 57.6x | -16.9x | 5.6x |
Price to Earnings Ratio
-17.2x
Current Industry PE
- Investors are optimistic on the American Casinos and Gaming industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 37.6x which is higher than its 3-year average PE of -16.4x.
- The 3-year average PS ratio of 2.5x is higher than the industry's current PS ratio of 1.7x.
Past Earnings Growth
- Total earnings for the Casinos and Gaming industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 36% per year.
- This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.
Industry Comparison
How does U.S. Casinos and Gaming compare with similar industries?
| US Market | 1.96% | |
| Consumer Discretionary | 3.80% | |
| Hospitality | 3.77% | |
| Casinos and Gaming | -0.76% | |
| Restaurants | 5.36% | |
| Hotels, Resorts and Cruise Lines | 4.64% | |
| Leisure Facilities | -1.92% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| DKNG DraftKings | US$43.13 | 6.4% +US$1.2b | 90.8% | PS5.6x | |
| CHDN Churchill Downs | US$129.44 | 7.2% +US$617.2m | -13.2% | PE27.8x | |
| LNW Light & Wonder | US$91.31 | 1.0% +US$83.3m | 48.8% | PE50.6x | |
| MLCO Melco Resorts & Entertainment | US$6.34 | 2.8% +US$74.3m | -53.9% | PS0.7x | |
| PENN PENN Entertainment | US$16.86 | -0.4% US$41.3m | -44.8% | PS0.4x |
