In the past week, BYD stock has gone up by 3.13%, with a monthly gain of 7.46% and a quarterly surge of 8.60%. The volatility ratio for the week is 1.65%, and the volatility levels for the last 30 days are 1.91% for Boyd Gaming Corp The simple moving average for the last 20 days is 4.90% for BYD’s stock, with a simple moving average of 23.36% for the last 200 days.
Is It Worth Investing in Boyd Gaming Corp (NYSE: BYD) Right Now?
Boyd Gaming Corp (NYSE: BYD) has a price-to-earnings ratio that is above its average at 14.87x. The stock has a 36-month beta value of 1.55. Opinions on the stock are mixed, with 7 analysts rating it as a “buy,” 2 as “overweight,” 8 as “hold,” and 0 as “sell.”
The public float for BYD is 64.81M, and at present, short sellers hold a 3.09% of that float. On January 31, 2025, the average trading volume of BYD was 800.17K shares.
BYD) stock’s latest price update
Boyd Gaming Corp (NYSE: BYD)’s stock price has soared by 1.45 in relation to previous closing price of 76.70. Nevertheless, the company has seen a gain of 3.13% in its stock price over the last five trading days. zacks.com reported 2025-01-30 that Boyd (BYD) doesn’t possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Analysts’ Opinion of BYD
Many brokerage firms have already submitted their reports for BYD stocks, with Jefferies repeating the rating for BYD by listing it as a “Buy.” The predicted price for BYD in the upcoming period, according to Jefferies is $92 based on the research report published on January 03, 2025 of the current year 2025.
Argus, on the other hand, stated in their research note that they expect to see BYD reach a price target of $90. The rating they have provided for BYD stocks is “Buy” according to the report published on December 17th, 2024.
Morgan Stanley gave a rating of “Overweight” to BYD, setting the target price at $74 in the report published on September 04th of the previous year.
BYD Trading at 5.81% 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 0.39% of gains for the given period.
Volatility was left at 1.91%, however, over the last 30 days, the volatility rate increased by 1.65%, as shares surge +7.93% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +6.57% upper at present.
During the last 5 trading sessions, BYD rose by +3.13%, which changed the moving average for the period of 200-days by +20.82% in comparison to the 20-day moving average, which settled at $74.18. In addition, Boyd Gaming Corp saw 7.26% 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 SPADAFOR CHRISTINE J., who sale 660 shares at the price of $75.68 back on Dec 12 ’24. After this action, SPADAFOR CHRISTINE J. now owns 5,977 shares of Boyd Gaming Corp, valued at $49,949 using the latest closing price.
SMITH KEITH, the President and CEO of Boyd Gaming Corp, sale 30,000 shares at $72.15 during a trade that took place back on Nov 22 ’24, which means that SMITH KEITH is holding 1,101,202 shares at $2,164,500 based on the most recent closing price.
Stock Fundamentals for BYD
Current profitability levels for the company are sitting at:
- 0.24 for the present operating margin
- 0.53 for the gross margin
The net margin for Boyd Gaming Corp stands at 0.13. The total capital return value is set at 0.16. Equity return is now at value 29.41, with 7.93 for asset returns.
Based on Boyd Gaming Corp (BYD), the company’s capital structure generated 0.7 points at debt to capital in total, while cash flow to debt ratio is standing at 0.24. The debt to equity ratio resting at 2.35. The interest coverage ratio of the stock is 5.38.
Currently, EBITDA for the company is 1.18 billion with net debt to EBITDA at 3.26. When we switch over and look at the enterprise to sales, we see a ratio of 2.71. The receivables turnover for the company is 37.15for trailing twelve months and the total asset turnover is 0.61. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.82.
Conclusion
To sum up, Boyd Gaming Corp (BYD) has seen a better performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
