rts logo

Boyd Gaming Corp. (BYD) Volatility At 1.83%, Should You Add A Position?

Boyd Gaming Corp. (NYSE: BYD) is -11.52% lower on its value in year-to-date trading and has touched a low of $52.42 and a high of $73.00 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The BYD stock was last observed hovering at around $54.98 in the last trading session, with the day’s gains setting it 0.42%.

Currently trading at $55.40, the stock is -3.24% and -10.05% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.06 million and changing 0.76% at the moment leaves the stock -10.76% off its SMA200. BYD registered -18.99% loss for a year compared to 6-month gain of -1.62%.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free

The stock witnessed a -14.32% loss in the last 1 month and extending the period to 3 months gives it a -14.47%, and is 4.04% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.83% over the week and 2.17% over the month.

Boyd Gaming Corp. (BYD) has around 16129 employees, a market worth around $5.26B and $3.74B in sales. Current P/E ratio is 9.96 and Fwd P/E is 8.45. Profit margin for the company is 14.91%. Distance from 52-week low is 5.68% and -24.11% from its 52-week high. The company has generated returns on investments over the last 12 months (10.55%).

The EPS is expected to shrink by -3.78% this year

The shares outstanding are 98.83M, and float is at 73.18M with Short Float at 5.00%.

Boyd Gaming Corp. (BYD) Insider Activity

The most recent transaction is an insider sale by BOYD WILLIAM S, the company’s 10% Owner. SEC filings show that BOYD WILLIAM S sold 32,703 shares of the company’s common stock on Mar 14 ’24 at a price of $62.10 per share for a total of $2.03 million. Following the sale, the insider now owns 8.76 million shares.

Boyd Gaming Corp. disclosed in a document filed with the SEC on Mar 13 ’24 that BOYD WILLIAM S (10% Owner) sold a total of 63,464 shares of the company’s common stock. The trade occurred on Mar 13 ’24 and was made at $63.12 per share for $4.01 million. Following the transaction, the insider now directly holds 8.8 million shares of the BYD stock.

Still, SEC filings show that on Mar 12 ’24, BOYD WILLIAM S (10% Owner) disposed off 125,000 shares at an average price of $63.27 for $7.91 million. The insider now directly holds 8,858,913 shares of Boyd Gaming Corp. (BYD).

Related Posts