Boyd Gaming Corp. (NYSE: BYD) on Friday, plunged -1.68% from the previous trading day, before settling in for the closing price of $66.08. Within the past 52 weeks, BYD’s price has moved between $49.34 and $68.46.
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Consumer Cyclical Sector giant saw their annual sales surged by 11.49% over the last five years. The company achieved an average annual earnings per share of -2.52%. With a float of $68.27 million, this company’s outstanding shares have now reached $98.83 million.
The firm has a total of 16129 workers. Let’s measure their productivity. In terms of profitability, gross margin is 47.36%, operating margin of 24.65%, and the pretax margin is 17.23%.
Boyd Gaming Corp. (BYD) Insider Activity
Observing investor behavior towards Resorts & Casinos industry stocks is more important than anything else. The insider ownership of Boyd Gaming Corp. is 25.60%, while institutional ownership is 70.11%. The most recent insider transaction that took place on Aug 30 ’24, was worth 4,387,800. In this transaction Executive Chairman of this company sold 73,130 shares at a rate of $60.00, taking the stock ownership to the 1,396,628 shares. Before that another transaction happened on Aug 29 ’24, when Company’s Executive Chairman sold 73,130 for $60.23, making the entire transaction worth $4,404,620. This insider now owns 1,423,498 shares in total.
Boyd Gaming Corp. (BYD) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around -2.52% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 0.82% 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
Boyd Gaming Corp. (BYD) is currently performing well based on its current performance indicators. A quick ratio of 0.79 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.57. Likewise, its price to free cash flow for the trailing twelve months is 11.72.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 5.15, a number that is poised to hit 1.40 in the next quarter and is forecasted to reach 6.68 in one year’s time.
Technical Analysis of Boyd Gaming Corp. (BYD)
Analysing the last 5-days average volume posted by the [Boyd Gaming Corp., BYD], we can find that recorded value of 0.7 million was lower than the volume posted last year of 0.92 million. As of the previous 9 days, the stock’s Stochastic %D was 86.69%. Additionally, its Average True Range was 1.24.
During the past 100 days, Boyd Gaming Corp.’s (BYD) raw stochastic average was set at 92.38%, which indicates a significant increase from 68.99% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 18.65% in the past 14 days, which was lower than the 25.16% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $61.51, while its 200-day Moving Average is $60.18. Now, the first resistance to watch is $65.96. This is followed by the second major resistance level at $66.96. The third major resistance level sits at $67.65. If the price goes on to break the first support level at $64.27, it is likely to go to the next support level at $63.58. Should the price break the second support level, the third support level stands at $62.58.
Boyd Gaming Corp. (NYSE: BYD) Key Stats
Market capitalization of the company is 5.96 billion based on 94,877K outstanding shares. Right now, sales total 3,738 M and income totals 620,020 K. The company made 967,510 K in profit during its latest quarter, and 139,850 K in sales during its previous quarter.
