Closing Strong: Boyd Gaming Corp (BYD) Ends at 71.52, Down -0.33 from Last Close

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After finishing at $71.76 in the prior trading day, Boyd Gaming Corp (NYSE: BYD) closed at $71.52, down -0.33%. In other words, the price has decreased by -$0.33 from its previous closing price. On the day, 0.81 million shares were traded. BYD stock price reached its highest trading level at $72.1 during the session, while it also had its lowest trading level at $71.17.

Ratios:

Our goal is to gain a better understanding of BYD by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 21.72 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 11.97. For the most recent quarter (mrq), Quick Ratio is recorded 0.79 and its Current Ratio is at 0.82. In the meantime, Its Debt-to-Equity ratio is 2.35 whereas as Long-Term Debt/Eq ratio is at 2.26.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Morgan Stanley on September 04, 2024, Upgraded its rating to Overweight and sets its target price to $74 from $66 previously.

On May 21, 2024, Raymond James started tracking the stock assigning a Outperform rating and target price of $67.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Nov 19 ’24 when SMITH KEITH sold 30,000 shares for $71.77 per share. The transaction valued at 2,153,100 led to the insider holds 1,131,202 shares of the business.

SMITH KEITH sold 40,000 shares of BYD for $2,939,600 on Nov 13 ’24. The President and CEO now owns 1,161,202 shares after completing the transaction at $73.49 per share. On Nov 14 ’24, another insider, BOYD WILLIAM S, who serves as the Director of the company, bought 110,200 shares for $73.18 each.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BYD now has a Market Capitalization of 6321588224 and an Enterprise Value of 9869565952. As of this moment, Boyd’s Price-to-Earnings (P/E) ratio for their current fiscal year is 13.67, and their Forward P/E ratio for the next fiscal year is 10.76. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 6.45. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.64 while its Price-to-Book (P/B) ratio in mrq is 3.89. Its current Enterprise Value per Revenue stands at 2.568 whereas that against EBITDA is 8.157.

Stock Price History:

Over the past 52 weeks, BYD has reached a high of $74.78, while it has fallen to a 52-week low of $49.34. The 50-Day Moving Average of the stock is 6.81%, while the 200-Day Moving Average is calculated to be 17.27%.

Shares Statistics:

The stock has traded on average 825.64K shares per day over the past 3-months and 825400 shares per day over the last 10 days, according to various share statistics. A total of 98.83M shares are outstanding, with a floating share count of 65.65M. Insiders hold about 25.72% of the company’s shares, while institutions hold 70.18% stake in the company. Shares short for BYD as of 1730332800 were 2889000 with a Short Ratio of 3.50, compared to 1727654400 on 3366381. Therefore, it implies a Short% of Shares Outstanding of 2889000 and a Short% of Float of 4.6899999999999995.

Dividends & Splits

In the trailing 12 months, BYD’s forward annual dividend rate was 0.67, compared to 0.67 this year. Against a Trailing Annual Dividend Yield of 0.009336677The stock’s 5-year Average Dividend Yield is 2.1.

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