Boyd Gaming Corp. (NYSE: BYD) kicked off on Friday, up 7.85% from the previous trading day, before settling in for the closing price of $64.31. Over the past 52 weeks, BYD has traded in a range of $49.34-$68.46.
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A company in the Consumer Cyclical sector has jumped its sales by 11.49% annually for the last half of the decade. While this was happening, its average annual earnings per share was recorded 0.87%. With a float of $68.27 million, this company’s outstanding shares have now reached $98.83 million.
In an organization with 16129 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 45.27%, operating margin of 24.33%, and the pretax margin is 16.89%.
Boyd Gaming Corp. (BYD) Insider and Institutional Ownership
Our next focus will be how large-scale investors are participating in this stock of the Resorts & Casinos Industry. The insider ownership of Boyd Gaming Corp. is 25.60%, while institutional ownership is 70.13%. 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) Latest Financial update
In the latest quarterly report, which was put into the public domain on 9/30/2024, the organization reported 1.66 earnings per share (EPS), higher than consensus estimate (set at 1.47) by 0.19. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.63 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 0.87% 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
Take a look at Boyd Gaming Corp.’s (BYD) current performance indicators. Last quarter, stock had a quick ratio of 0.79. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.66. Likewise, its price to free cash flow for the trailing twelve months is 12.52.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 5.23, a number that is poised to hit 1.76 in the next quarter and is forecasted to reach 6.68 in one year’s time.
Technical Analysis of Boyd Gaming Corp. (BYD)
Let’s dig in a bit further. During the last 5-days, its volume was 1.07 million. That was better than the volume of 0.92 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 53.28%. Additionally, its Average True Range was 1.63.
During the past 100 days, Boyd Gaming Corp.’s (BYD) raw stochastic average was set at 91.54%, which indicates a significant increase from 81.57% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 36.62% in the past 14 days, which was higher than the 27.27% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $62.39, while its 200-day Moving Average is $60.24. However, in the short run, Boyd Gaming Corp.’s stock first resistance to watch stands at $71.06. Second resistance stands at $72.77. The third major resistance level sits at $74.53. If the price goes on to break the first support level at $67.59, it is likely to go to the next support level at $65.83. The third support level lies at $64.12 if the price breaches the second support level.
Boyd Gaming Corp. (NYSE: BYD) Key Stats
The company with the Market Capitalisation of 6.36 billion has total of 94,877K Shares Outstanding. Its annual sales at the moment are 3,738 M in contrast with the sum of 620,020 K annual income. Company’s last quarter sales were recorded 961,250 K and last quarter income was 131,130 K.
