A share price of Boyd Gaming Corp [BYD] is currently trading at $74.07, up 0.68%. An important factor to consider is whether the stock is rising or falling in short-term value. The BYD shares have gain 3.06% over the last week, with a monthly amount drifted -1.17%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Boyd Gaming Corp [NYSE: BYD] stock has seen the most recent analyst activity on January 03, 2025, when Jefferies upgraded its rating to a Buy and also boosted its price target to $92 from $73. Previously, Argus upgraded its rating to Buy on December 17, 2024, and kept the price target unchanged to $90. On September 04, 2024, upgrade upgraded it’s rating to Overweight and revised its price target to $74 on the stock. Raymond James started tracking the stock assigning a Outperform rating and suggested a price target of $67 on May 21, 2024. Argus downgraded its rating to a Hold. JP Morgan downgraded its rating to Neutral for this stock on April 26, 2024, and downed its price target to $67. In a note dated April 26, 2024, Deutsche Bank downgraded an Hold rating on this stock and revised its target price from $78 to $71.
Boyd Gaming Corp experienced fluctuations in its stock price throughout the past year between $49.34 and $76.73. Currently, Wall Street analysts expect the stock to reach $79.33 within the next 12 months. Boyd Gaming Corp [NYSE: BYD] shares were valued at $74.07 at the most recent close of the market. An investor can expect a potential return of 7.1% based on the average BYD price forecast.
Analyzing the BYD fundamentals
Trailing Twelve Months sales for Boyd Gaming Corp [NYSE:BYD] were 3.84B which represents 6.43% growth. Gross Profit Margin for this corporation currently stands at 0.53% with Operating Profit Margin at 0.24%, Pretax Profit Margin comes in at 0.17%, and Net Profit Margin reading is 0.13%. To continue investigating profitability, this company’s Return on Assets is posted at 0.08, Equity is 0.29 and Total Capital is 0.16. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of2.35.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 73.50 points at the first support level, and at 72.92 for the second support level. However, for the 1st resistance point, the stock is sitting at 74.47, and for the 2nd resistance point, it is at 74.86.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Boyd Gaming Corp [NYSE:BYD] is 0.82. On the other hand, the Quick Ratio is 0.79, and the Cash Ratio is 0.47. Considering the valuation of this stock, the price to sales ratio is 1.70, the price to book ratio is 4.03 and price to earnings (TTM) ratio is 14.15.
Transactions by insiders
Recent insider trading involved SPADAFOR CHRISTINE J., Director, that happened on Dec 12 ’24 when 660.0 shares were sold. President and CEO, SMITH KEITH completed a deal on Nov 22 ’24 to sell 30000.0 shares. Meanwhile, President and CEO SMITH KEITH sold 30000.0 shares on Nov 19 ’24.
