The stock price of Boyd Gaming Corp (NYSE: BYD) has plunged by -0.94 when compared to previous closing price of 77.71, but the company has seen a 0.64% gain in its stock price over the last five trading sessions. zacks.com reported 2025-02-07 that BYD’s Q4 results benefit from the diversified business model, operational efficiencies and contributions from Treasure Chest’s new land-based facility.
Is It Worth Investing in Boyd Gaming Corp (NYSE: BYD) Right Now?
The price-to-earnings ratio for Boyd Gaming Corp (NYSE: BYD) is above average at 12.39x. The 36-month beta value for BYD is also noteworthy at 1.56. There are mixed opinions on the stock, with 7 analysts rating it as a “buy,” 2 rating it as “overweight,” 7 rating it as “hold,” and 0 rating it as “sell.”
The public float for BYD is 64.81M, and at present, short sellers hold a 3.40% of that float. The average trading volume of BYD on February 13, 2025 was 848.54K shares.
BYD’s Market Performance
The stock of Boyd Gaming Corp (BYD) has seen a 0.64% increase in the past week, with a 7.17% rise in the past month, and a 4.49% gain in the past quarter. The volatility ratio for the week is 2.90%, and the volatility levels for the past 30 days are at 2.06% for BYD. The simple moving average for the past 20 days is 0.78% for BYD’s stock, with a 20.86% simple moving average for the past 200 days.
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 3.44% 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 unable to rebound, for now settling with -4.37% of loss for the given period.
Volatility was left at 2.06%, however, over the last 30 days, the volatility rate increased by 2.90%, as shares surge +5.90% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +5.31% upper at present.
During the last 5 trading sessions, BYD rose by +0.64%, which changed the moving average for the period of 200-days by +22.40% in comparison to the 20-day moving average, which settled at $76.39. In addition, Boyd Gaming Corp saw 6.12% 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 Clinton Uri, who sale 4,257 shares at the price of $76.87 back on Feb 11 ’25. After this action, Clinton Uri now owns 33,101 shares of Boyd Gaming Corp, valued at $327,236 using the latest closing price.
Bogich Ted, the Officer of Boyd Gaming Corp, proposed sale 18,705 shares at $77.68 during a trade that took place back on Feb 12 ’25, which means that Bogich Ted is holding shares at $1,453,004 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 2.69. 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
In summary, Boyd Gaming Corp (BYD) has had a better performance as of late. Analysts have mixed opinions on the stock, with some viewing 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.
