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The price of Boyd Gaming Corp. (NYSE: BYD) closed at $63.60 in the last session, up 0.57% from day before closing price of $63.24. In other words, the price has increased by $0.57 from its previous closing price. On the day, 0.71 million shares were traded. BYD stock price reached its highest trading level at $64.05 during the session, while it also had its lowest trading level at $63.11.
Ratios:
We take a closer look at BYD’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 19.79 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 11.30. For the most recent quarter (mrq), Quick Ratio is recorded 0.85 and its Current Ratio is at 0.89. In the meantime, Its Debt-to-Equity ratio is 2.14 whereas as Long-Term Debt/Eq ratio is at 2.05.
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 this company, Mizuho on March 26, 2024, initiated with a Buy rating and assigned the stock a target price of $80.
On February 12, 2024, Susquehanna Downgraded its rating to Neutral which previously was Positive and also lowered its target price recommendation from $84 to $75.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Mar 14 ’24 when BOYD WILLIAM S sold 32,703 shares for $62.10 per share. The transaction valued at 2,030,856 led to the insider holds 8,762,746 shares of the business.
BOYD WILLIAM S sold 63,464 shares of BYD for $4,005,848 on Mar 13 ’24. The 10% Owner now owns 8,795,449 shares after completing the transaction at $63.12 per share. On Mar 12 ’24, another insider, BOYD WILLIAM S, who serves as the 10% Owner of the company, sold 125,000 shares for $63.27 each. As a result, the insider received 7,908,750 and left with 8,858,913 shares of the company.
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 6088478720 and an Enterprise Value of 9529763840. As of this moment, Boyd’s Price-to-Earnings (P/E) ratio for their current fiscal year is 10.45, and their Forward P/E ratio for the next fiscal year is 9.40. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.59. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.63 while its Price-to-Book (P/B) ratio in mrq is 3.60. Its current Enterprise Value per Revenue stands at 2.549 whereas that against EBITDA is 7.666.
Stock Price History:
Over the past 52 weeks, BYD has reached a high of $73.00, while it has fallen to a 52-week low of $52.42. The 50-Day Moving Average of the stock is -1.13%, while the 200-Day Moving Average is calculated to be 0.49%.
Shares Statistics:
According to the various share statistics, BYD traded on average about 733.90K shares per day over the past 3-months and 698150 shares per day over the past 10 days. A total of 98.83M shares are outstanding, with a floating share count of 74.09M. Insiders hold about 22.87% of the company’s shares, while institutions hold 68.36% stake in the company. Shares short for BYD as of 1711584000 were 3405222 with a Short Ratio of 4.64, compared to 1709164800 on 3845372. Therefore, it implies a Short% of Shares Outstanding of 3405222 and a Short% of Float of 4.9399999999999995.
Dividends & Splits
The forward annual dividend rate for BYD is 0.65, which was 0.64 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.010120177The stock’s 5-year Average Dividend Yield is 2.1.
