Boyd Gaming Corp (BYD) volume exceeds 1.02 million: A new investment opportunity for investors

On Tuesday, Boyd Gaming Corp (NYSE: BYD) was 0.16% up from the session before settling in for the closing price of $73.76. A 52-week range for BYD has been $49.34 – $76.73.

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Annual sales at Consumer Cyclical sector company grew by 11.49% over the past five years. When this article was written, the company’s average yearly earnings per share was at 1.17%. With a float of $64.86 million, this company’s outstanding shares have now reached $88.85 million.

Let’s look at the performance matrix of the company that is accounted for 16129 employees. In terms of profitability, gross margin is 52.55%, operating margin of 24.33%, and the pretax margin is 16.89%.

Boyd Gaming Corp (BYD) Insider Updates

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Boyd Gaming Corp stocks. The insider ownership of Boyd Gaming Corp is 26.62%, while institutional ownership is 70.22%. The most recent insider transaction that took place on Dec 12 ’24, was worth 49,949. In this transaction Director of this company sold 660 shares at a rate of $75.68, taking the stock ownership to the 5,977 shares. Before that another transaction happened on Nov 22 ’24, when Company’s President and CEO sold 30,000 for $72.15, making the entire transaction worth $2,164,500. This insider now owns 1,101,202 shares in total.

Boyd Gaming Corp (BYD) Performance Highlights and Predictions

Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.6 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 1.17% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 2.12% 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

You can see what Boyd Gaming Corp (BYD) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.79. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.70. Likewise, its price to free cash flow for the trailing twelve months is 12.36.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 5.23, a number that is poised to hit 1.78 in the next quarter and is forecasted to reach 6.67 in one year’s time.

Technical Analysis of Boyd Gaming Corp (BYD)

Boyd Gaming Corp (NYSE: BYD) saw its 5-day average volume 0.67 million, a negative change from its year-to-date volume of 0.9 million. As of the previous 9 days, the stock’s Stochastic %D was 27.47%. Additionally, its Average True Range was 1.41.

During the past 100 days, Boyd Gaming Corp’s (BYD) raw stochastic average was set at 88.11%, which indicates a significant increase from 26.55% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 16.61% in the past 14 days, which was lower than the 25.74% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $70.49, while its 200-day Moving Average is $61.82. Nevertheless, the first resistance level for the watch stands at $74.75 in the near term. At $75.63, the stock is likely to face the second major resistance level. The third major resistance level sits at $76.58. If the price goes on to break the first support level at $72.93, it is likely to go to the next support level at $71.98. Assuming the price breaks the second support level, the third support level stands at $71.10.

Boyd Gaming Corp (NYSE: BYD) Key Stats

There are 88,389K outstanding shares of the company, which has a market capitalization of 6.53 billion. As of now, sales total 3,738 M while income totals 620,020 K. Its latest quarter income was 961,250 K while its last quarter net income were 131,130 K.