Boyd Gaming Corp (NYSE: BYD) is -2.25% lower on its value in year-to-date trading and has touched a low of $49.34 and a high of $80.50 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 $69.08 in the last trading session, with the day’s gains setting it 1.83%.
Currently trading at $70.91, the stock is 5.48% and 4.39% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.17 million and changing 2.65% at the moment leaves the stock 4.22% off its SMA200. BYD registered 31.02% gain for a year compared to 6-month loss of 3.28%.
The stock witnessed a 15.79% gain in the last 1 month and extending the period to 3 months gives it a -7.30%, and is 2.56% 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 2.12% over the week and 3.52% over the month.
Boyd Gaming Corp (BYD) has around 16129 employees, a market worth around $5.77B and $3.96B in sales. Current P/E ratio is 11.58 and Fwd P/E is 10.12. Profit margin for the company is 13.96%. Distance from 52-week low is 43.72% and -11.91% from its 52-week high. The company has generated returns on investments over the last 12 months (10.20%).
The EPS is expected to shrink by -0.43% this year
The shares outstanding are 81.88M, and float is at 55.58M with Short Float at 4.61%.
The top institutional shareholder in the company is BLACKROCK INC. with over 6.83 million shares valued at $376.31 million. The investor’s holdings represent 7.1859 of the BYD Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 6.52 million shares valued at $359.06 million to account for 6.8564 of the shares outstanding. The other top investors are COHEN & STEERS, INC. which holds 6.19 million shares representing 6.5131 and valued at over $341.09 million, while HG VORA CAPITAL MANAGEMENT, LLC holds 4.2087 of the shares totaling 4.0 million with a market value of $220.4 million.
Boyd Gaming Corp (BYD) Insider Activity
Boyd Gaming Corp disclosed in a document filed with the SEC on Mar 03 ’25 that SPADAFOR CHRISTINE J. (Director) sold a total of 1,125 shares of the company’s common stock. The trade occurred on Mar 03 ’25 and was made at $75.28 per share for $84690.0. Following the transaction, the insider now directly holds 4852.0 shares of the BYD stock.
Still, SEC filings show that on Feb 19 ’25, BOYD WILLIAM R (Director) disposed off 15,000 shares at an average price of $79.32 for $1.19 million. The insider now directly holds 1,472,970 shares of Boyd Gaming Corp (BYD).
