Boyd Gaming Corp. (BYD) ticks all the boxes for top investors with its surprise performance of 5.53% last month.

On Tuesday, Boyd Gaming Corp. (NYSE: BYD) opened higher 1.00% from the last session ,before settling in for the closing price of $65.99. Price fluctuations for BYD have ranged from $52.42 to $73.00 over the past 52 weeks.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

It was noted that within the last five years, the titan of the Consumer Cyclical sector saw sales topped by 11.49%. Company’s average yearly earnings per share was noted -0.19% at the time writing. With a float of $74.09 million, this company’s outstanding shares have now reached $98.83 million.

The extent of productivity of a business whose workforce counts for 16129 workers is very important to gauge.

Boyd Gaming Corp. (BYD) Insider and Institutional Ownership

A key investor’s attitude towards the stock of the Resorts & Casinos industry is another important factor to consider. The insider ownership of Boyd Gaming Corp. is 22.87%, while institutional ownership is 68.45%. The most recent insider transaction that took place on Mar 14 ’24, was worth 2,030,856. In this transaction 10% Owner of this company sold 32,703 shares at a rate of $62.10, taking the stock ownership to the 8,762,746 shares. Before that another transaction happened on Mar 13 ’24, when Company’s 10% Owner sold 63,464 for $63.12, making the entire transaction worth $4,005,848. This insider now owns 8,795,449 shares in total.

Boyd Gaming Corp. (BYD) Latest Financial update

If we go through the results of last quarter, which was made public on 12/30/2023, the company posted $1.66 earnings per share (EPS) for the quarter, besting the agreed prediction (set at $1.47) by $0.19. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.48 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -0.19% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 2.27% during the next five years compared to 43.74% growth over the previous five years of trading.

Boyd Gaming Corp. (NYSE: BYD) Trading Performance Indicators

Check out the current performance indicators for Boyd Gaming Corp. (BYD). In the past quarter, the stock posted a quick ratio of 0.85. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.71. Likewise, its price to free cash flow for the trailing twelve months is 11.84.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 6.09, a number that is poised to hit 1.57 in the next quarter and is forecasted to reach 6.76 in one year’s time.

Technical Analysis of Boyd Gaming Corp. (BYD)

The latest stats from [Boyd Gaming Corp., BYD] show that its last 5-days average volume of 0.7 million was inferior to 0.74 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 46.60%. Additionally, its Average True Range was 1.22.

During the past 100 days, Boyd Gaming Corp.’s (BYD) raw stochastic average was set at 83.13%, which indicates a significant increase from 69.63% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 20.91% in the past 14 days, which was lower than the 22.46% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $64.36, while its 200-day Moving Average is $63.45. Now, the first resistance to watch is $67.11. This is followed by the second major resistance level at $67.58. The third major resistance level sits at $68.15. If the price goes on to break the first support level at $66.07, it is likely to go to the next support level at $65.50. The third support level lies at $65.03 if the price breaches the second support level.

Boyd Gaming Corp. (NYSE: BYD) Key Stats

There are currently 95,731K shares outstanding in the company with a market cap of 6.40 billion. Presently, the company’s annual sales total 3,738 M according to its annual income of 620,020 K. Last quarter, the company’s sales amounted to 954,410 K and its income totaled 92,610 K.