BYD
Boyd Gaming Corporation Consumer Cyclical - Resorts & Casinos Investor Relations →
Boyd Gaming Corporation (BYD) closed at $84.68 as of 2026-06-19, trading 25.4% above its 200-week moving average of $67.53. The stock is currently moving closer to the line, down from 29.5% last week. The 14-week RSI sits at 55, indicating neutral momentum.
Trading volume is running at 1.0x of its 14-week average, which is in the normal range. The balance between buying and selling volume (0.80 ratio) is neutral — neither side is clearly dominating.
Over the past 1657 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 $6.3 billion, BYD is a mid-cap stock. The company generates a free cash flow yield of 7.6%, which is healthy. Return on equity stands at 94.3%, indicating strong profitability. The stock trades at 2.5x book value.
The company has been aggressively buying back shares, reducing its share count by 25.7% over the past three years.
Over the past 31.8 years, a hypothetical investment of $100 in BYD would have grown to $758, compared to $2840 for the S&P 500. BYD has returned 6.6% annualized vs 11.1% for the index, underperforming the broader market over this period.
Free cash flow has been declining at a -24.6% compound annual rate. A deteriorating cash flow trend warrants extra scrutiny — the stock may be cheap for a reason.
Business Health
Annual financials — how the underlying business has performed over the past several years.
Cash Flow Free cash flow & net income ($M)
Revenue Annual revenue ($M) — business growth proxy
Total Debt Balance sheet debt ($M)
ROIC Return on invested capital (%)
FCF Yield Free cash flow / market cap (%) — Yartseva signal
Gross Margin Pricing power & competitive moat (%)
Shares Outstanding Buybacks vs dilution (millions)
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 +74.8% vs +41.6% 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.
Bean Score Experimental
The Bean Score measures how far a stock's free cash flow yield has deviated from its own quarterly baseline, normalized by the stock's historical behavior. Between earnings dates, FCF is constant — so the score is purely a function of stock price. The levels below show at what prices BYD would reach each dislocation threshold.
Dislocation Price Levels
Prices where BYD's Bean Score would hit each σ threshold. Valid until next earnings report: 2026-07-23.
| Level | σ | Price | Signal |
|---|---|---|---|
| Deep Value | +2σ | $74.24 | Unusually cheap — potential buy zone |
| Value | +1σ | $77.71 | Cheap vs. own history |
| Fair Value | +0σ | $81.52 | Historical mean behavior |
| Expensive | -1σ | $85.72 | Expensive vs. own history |
| Deep Expensive | -2σ | $90.37 | Unusually expensive — potential trim zone |
Quarterly FCF & Yield Trailing twelve-month free cash flow and yield at each quarter end
Signal Accuracy Collecting Data
The Bean Score system is accumulating weekly data to validate signal accuracy. After 13+ weeks of history, this section will display win rates and average returns for each σ threshold crossing — answering the question: "When this score says cheap or expensive, does the price subsequently move in the expected direction?"
Theoretical framework — not backtested or forward-tested. The Bean Score uses trailing twelve-month free cash flow yield as a dislocation identifier. It measures whether the market has pushed a stock's yield unusually far from its own baseline behavior. These levels are reference points for identifying potential swing trade opportunities, not buy/sell signals. FCF values update quarterly with earnings; between reports, all movement is price-driven.
Dislocation Scores Experimental
Each score measures deviation from BYD's own historical baseline — the same idea as the Bean Score, applied to different fundamentals. Positive means cheaper or more dislocated than this stock's norm. Scores marked σ are normalized by the stock's own variability; pp values are simple deltas from its recent baseline.
Theoretical framework — not backtested. These scores describe how unusual today's readings are for this specific company. They are starting points for research, not buy or sell signals. Annual-statement scores (buyback, accruals, FCF vs history) rest on only ~4 yearly data points and are deltas, not sigmas.
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% | +665.1% |
| Jul 1995 | Aug 1995 | 5 | 5.4% | -9.1% | +609.5% |
| Oct 1995 | May 1996 | 29 | 25.7% | -43.9% | +629.3% |
| Jul 1996 | Jul 2001 | 262 | 71.0% | -56.7% | +643.2% |
| Sep 2001 | Nov 2001 | 10 | 31.7% | +389.0% | +2640.2% |
| Aug 2007 | Aug 2007 | 1 | 2.2% | -63.4% | +145.8% |
| Nov 2007 | Jan 2012 | 221 | 91.1% | -86.3% | +138.2% |
| Feb 2012 | Apr 2013 | 59 | 38.5% | -19.6% | +1005.3% |
| Oct 2014 | Oct 2014 | 1 | 1.3% | +95.8% | +900.5% |
| Nov 2018 | Nov 2018 | 1 | 1.1% | +31.0% | +289.3% |
| Dec 2018 | Jan 2019 | 3 | 16.3% | +55.7% | +356.1% |
| May 2019 | Jun 2019 | 1 | 3.8% | -9.9% | +273.6% |
| Aug 2019 | Sep 2019 | 5 | 10.4% | +5.6% | +265.2% |
| Sep 2019 | Oct 2019 | 2 | 7.0% | +26.4% | +276.4% |
| Mar 2020 | Aug 2020 | 25 | 57.6% | +170.6% | +297.1% |
| Apr 2024 | Jul 2024 | 12 | 8.8% | +30.9% | +62.8% |
| Jul 2024 | Aug 2024 | 3 | 4.7% | +52.8% | +56.1% |
| Average | 40 | — | +34.4% | — |
Frequently Asked Questions
Is BYD below its 200-week moving average?
No. Boyd Gaming Corporation (BYD) is currently 25.4% above its 200-week moving average of $67.53. It would need to fall to $67.53 to cross below the line.
What is BYD's 200-week moving average price?
Boyd Gaming Corporation's 200-week moving average is $67.53 as of 2026-06-19. This is the average weekly closing price over roughly the last 4 years, and it acts as a long-term trend line. When a stock drops below this level, it can signal that the price has fallen far enough from the long-term trend to attract value-oriented investors.
What happens when BYD drops below its 200-week moving average?
BYD has crossed below its 200-week moving average 17 times in our data. On average, buying at that moment produced a one-year return of +34.4%. These dips have historically been decent entry points. These episodes lasted 40 weeks on average.
Is BYD a good value right now?
Here's what our data says about BYD as of 2026-06-19: The stock is above its 200-week moving average, so it doesn't currently meet our primary signal. The 14-week RSI is 55. Free cash flow yield is 7.6%. Return on equity is 94.3%. Price-to-book is 2.5x. This is not a buy or sell recommendation — always do your own research.
How does BYD compare to the S&P 500?
Over the past 31.8 years, $100 invested in BYD would have grown to $758, compared to $2840 for the S&P 500. That's 6.6% annualized vs 11.1% for the index. BYD has underperformed the broader market over this period.
Does BYD pay a dividend?
Yes. Boyd Gaming Corporation currently pays a dividend yield of 88.00%.
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 week of 2026-06-19