Is Boyd Gaming Corporation (BYD) a Keeper?

Boyd Gaming Corporation (NYSE:BYD) went up by 7.50% from its latest closing price compared to the recent 1-year high of $55.66. The company’s stock price has collected 5.16% of gains in the last five trading sessions. Press Release reported on 02/16/21 that Boyd Gaming Reports Fourth-Quarter, Full-Year 2020 Results

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Is It Worth Investing in Boyd Gaming Corporation (NYSE :BYD) Right Now?

Plus, the 36-month beta value for BYD is at 2.24. Opinions of the stock are interesting as 8 analysts out of 11 who provided ratings for Boyd Gaming Corporation declared the stock was a “buy,” while 0 rated the stock as “overweight,” 3 rated it as “hold,” and 0 as “sell.”


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The average price from analysts is $61.00, which is -$1.58 below the current price. BYD currently public float of 81.00M and currently shorts hold a 4.51% ratio of that float. Today, the average trading volume of BYD was 1.04M shares.

BYD’s Market Performance

BYD stocks went up by 5.16% for the week, with a monthly jump of 14.19% and a quarterly performance of 57.78%, while its annual performance rate touched 67.74%. The volatility ratio for the week stands at 4.71% while the volatility levels for the past 30 days are set at 4.28% for Boyd Gaming Corporation. The simple moving average for the period of the last 20 days is 12.57% for BYD stocks with a simple moving average of 78.26% for the last 200 days.

Analysts’ Opinion of BYD

Many brokerage firms have already submitted their reports for BYD stocks, with KeyBanc Capital Markets repeating the rating for BYD by listing it as a “Overweight.” The predicted price for BYD in the upcoming period, according to KeyBanc Capital Markets is $58 based on the research report published on January 14th of the current year 2021.

Argus, on the other hand, stated in their research note that they expect to see BYD reach a price target of $36. The rating they have provided for BYD stocks is “Buy” according to the report published on October 30th, 2020.

BYD Trading at 21.31% from the 50-Day Moving Average

After a stumble in the market that brought BYD to its low price for the period of the last 52 weeks, the company was able to rebound, for now settling with 2.19% of gains for the given period.

Volatility was left at 4.28%, however, over the last 30 days, the volatility rate increased by 4.71%, as shares surge +13.56% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +34.18% upper at present.

During the last 5 trading sessions, BYD rose by +5.16%, which changed the moving average for the period of 200-days by +272.98% in comparison to the 20-day moving average, which settled at $50.87. In addition, Boyd Gaming Corporation saw 32.53% in overturn over a single year, with a tendency to cut further gains.

Insider Trading

Reports are indicating that there were more than several insider trading activities at BYD starting from SMITH KEITH, who sale 59,353 shares at the price of $41.57 back on Dec 04. After this action, SMITH KEITH now owns 1,223,230 shares of Boyd Gaming Corporation, valued at $2,467,167 using the latest closing price.

SMITH KEITH, the President & CEO of Boyd Gaming Corporation, sale 25,000 shares at $40.33 during a trade that took place back on Dec 03, which means that SMITH KEITH is holding 1,223,230 shares at $1,008,195 based on the most recent closing price.

Stock Fundamentals for BYD

Current profitability levels for the company are sitting at:

  • +8.67 for the present operating margin
  • +39.49 for the gross margin

The net margin for Boyd Gaming Corporation stands at -6.18. Equity return is now at value -17.40, with -2.80 for asset returns.

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When we switch over and look at the enterprise to sales, we see a ratio of 4.05, with the company’s debt to enterprise value settled at 0.45.

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