Boyd Gaming Corp (NYSE: BYD) on Tuesday, soared 0.83% from the previous trading day, before settling in for the closing price of $71.09. Within the past 52 weeks, BYD’s price has moved between $49.34 and $76.73.
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
During the last 5-year period, the sales growth of Consumer Cyclical Sector giant was 11.49%. The company achieved an average annual earnings per share of 1.17%. With a float of $64.81 million, this company’s outstanding shares have now reached $88.85 million.
Let’s determine the extent of company efficiency that accounts 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 Activity
Observing investor behavior towards Resorts & Casinos industry stocks is more important than anything else. The insider ownership of Boyd Gaming Corp is 26.68%, 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) Earnings and Forecasts
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 4.27% 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
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 1.65. Likewise, its price to free cash flow for the trailing twelve months is 12.00.
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)
Looking closely at Boyd Gaming Corp (NYSE: BYD), its last 5-days average volume was 1.01 million, which is a jump from its year-to-date volume of 0.91 million. As of the previous 9 days, the stock’s Stochastic %D was 16.62%. Additionally, its Average True Range was 1.48.
During the past 100 days, Boyd Gaming Corp’s (BYD) raw stochastic average was set at 78.94%, which indicates a significant increase from 21.09% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 21.83% in the past 14 days, which was lower than the 24.13% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $71.29, while its 200-day Moving Average is $62.02. However, in the short run, Boyd Gaming Corp’s stock first resistance to watch stands at $72.01. Second resistance stands at $72.33. The third major resistance level sits at $72.99. If the price goes on to break the first support level at $71.03, it is likely to go to the next support level at $70.37. Should the price break the second support level, the third support level stands at $70.05.
Boyd Gaming Corp (NYSE: BYD) Key Stats
Market capitalization of the company is 6.34 billion based on 88,389K outstanding shares. Right now, sales total 3,738 M and income totals 620,020 K. The company made 961,250 K in profit during its latest quarter, and 131,130 K in sales during its previous quarter.
