New Big Money Means Boyd Gaming Corp (BYD) Investors Could Reap Benefit

Boyd Gaming Corp (NYSE: BYD) is 42.46% higher on its value in year-to-date trading and has touched a low of $52.76 and a high of $80.50 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The BYD stock was last observed hovering at around $78.11 in the last trading session, with the day’s gains setting it 884.2%.

Currently trading at $962.31K, the stock is 3.26% and 7.16% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.92 million and changing 917276% at the moment leaves the stock 9.81% off its SMA200. BYD registered 7.21% gain for a year compared to 6-month gain of 9.23%. The firm has a 50-day simple moving average (SMA 50) of $72.577 and a 200-day simple moving average (SMA200) of $70.8232.

The stock witnessed a 3.23% loss in the last 1 month and extending the period to 3 months gives it a 13.77%, and is 2.25% 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 1.73% over the week and 1.71% over the month.

Boyd Gaming Corp (BYD) has around 16129 employees, a market worth around $6.33B and $3.96B in sales. Current P/E ratio is 12.70 and Fwd P/E is 11.19. Profit margin for the company is 13.96%. Distance from 52-week low is 47.42% and -3.39% 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 -0.89% this year

480.0 institutions hold shares in Boyd Gaming Corp (BYD), with institutional investors hold 107.74% of the company’s shares. The shares outstanding are 81.88M, and float is at 55.71M with Short Float at 5.27%. Institutions hold 75.36% of the Float.

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).

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