Boyd Gaming Corp [BYD] stock is trading at $76.98, down -0.94%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The BYD shares have gain 0.64% over the last week, with a monthly amount glided 7.17%, and 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 [BYD] stock has fluctuated between $49.34 and $80.50 over the past year. Currently, Wall Street analysts expect the stock to reach $79.6 within the next 12 months. Boyd Gaming Corp [NYSE: BYD] shares were valued at $76.98 at the most recent close of the market. An investor can expect a potential return of 3.4% based on the average BYD price forecast.
Analyzing the BYD fundamentals
Boyd Gaming Corp [NYSE:BYD] reported sales of 3.93B for the trailing twelve months, which represents a growth of 9.06%. 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. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 2.35.
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 76.19 points at the first support level, and at 75.39 for the second support level. However, for the 1st resistance point, the stock is sitting at 78.23, and for the 2nd resistance point, it is at 79.47.
Ratios To Look Out For
For context, Boyd Gaming Corp’s Current Ratio is 0.82. As well, the Quick Ratio is 0.79, while the Cash Ratio is 0.47. Considering the valuation of this stock, the price to sales ratio is 1.73, the price to book ratio is 4.19 and price to earnings (TTM) ratio is 12.39.
Transactions by insiders
Recent insider trading involved Clinton Uri, General Counsel & Secretary, that happened on Feb 11 ’25 when 4257.0 shares were sold. Officer, Bogich Ted completed a deal on Feb 12 ’25 to buy 18705.0 shares. Meanwhile, Officer JOHNSON MARIANNE BOYD bought 49800.0 shares on Feb 12 ’25.
