BYD
Boyd Gaming Corporation Consumer Cyclical - Resorts & Casinos Investor Relations →
Boyd Gaming Corporation (BYD) closed at $83.24 as of 2026-02-02, trading 28.0% above its 200-week moving average of $65.02. The stock is currently moving closer to the line, down from 30.2% last week. The 14-week RSI sits at 60, indicating neutral momentum.
Over the past 1638 weeks of data, BYD has crossed below its 200-week moving average 17 times. On average, these episodes lasted 40 weeks. Historically, investors who bought BYD at the start of these episodes saw an average one-year return of +34.4%.
With a market cap of $6.7 billion, BYD is a mid-cap stock. The company generates a free cash flow yield of 10.3%, which is notably high. Return on equity stands at 87.0%, indicating strong profitability. The stock trades at 2.5x book value.
The company has been aggressively buying back shares, reducing its share count by 22.6% over the past three years.
Over the past 31.5 years, a hypothetical investment of $100 in BYD would have grown to $741, compared to $2612 for the S&P 500. BYD has returned 6.6% annualized vs 10.9% for the index, underperforming the broader market over this period.
Free cash flow has been declining at a -11.8% compound annual rate. A deteriorating cash flow trend warrants extra scrutiny — the stock may be cheap for a reason.
Growth of $100: BYD vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After BYD Crosses Below the Line?
Across 17 historical episodes, buying BYD when it crossed below its 200-week moving average produced an average return of +41.0% after 12 months (median +16.0%), compared to +14.8% for the S&P 500 over the same periods. 59% of those episodes were profitable after one year. After 24 months, the average return was +75.8% vs +41.3% for the index.
Each line shows $100 invested at the moment BYD crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
BYD has crossed below its 200-week MA 17 times with an average 1-year return of +34.4% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Sep 1994 | May 1995 | 36 | 28.3% | +16.7% | +648.5% |
| Jul 1995 | Aug 1995 | 5 | 5.4% | -9.1% | +594.1% |
| Oct 1995 | May 1996 | 29 | 25.7% | -43.9% | +613.6% |
| Jul 1996 | Jul 2001 | 262 | 71.0% | -56.7% | +627.1% |
| Sep 2001 | Nov 2001 | 10 | 31.7% | +389.0% | +2580.8% |
| Aug 2007 | Aug 2007 | 1 | 2.2% | -63.4% | +140.4% |
| Nov 2007 | Jan 2012 | 221 | 91.1% | -86.3% | +133.1% |
| Feb 2012 | Apr 2013 | 59 | 38.5% | -19.6% | +981.3% |
| Oct 2014 | Oct 2014 | 1 | 1.3% | +95.8% | +878.8% |
| Nov 2018 | Nov 2018 | 1 | 1.1% | +31.0% | +280.9% |
| Dec 2018 | Jan 2019 | 3 | 16.3% | +55.7% | +346.3% |
| May 2019 | Jun 2019 | 1 | 3.8% | -9.9% | +265.5% |
| Aug 2019 | Sep 2019 | 5 | 10.4% | +5.6% | +257.2% |
| Sep 2019 | Oct 2019 | 2 | 7.0% | +26.4% | +268.3% |
| Mar 2020 | Aug 2020 | 25 | 57.6% | +170.6% | +288.5% |
| Apr 2024 | Jul 2024 | 12 | 8.8% | +30.9% | +59.3% |
| Jul 2024 | Aug 2024 | 3 | 4.7% | +52.8% | +52.7% |
| Average | 40 | — | +34.4% | — |
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of Friday close, 2026-02-02