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Boyd Gaming Corp. (NYSE: BYD) closed the day trading at $62.50 down -1.11% from the previous closing price of $63.20. In other words, the price has decreased by -$1.11 from its previous closing price. On the day, 0.8 million shares were traded. BYD stock price reached its highest trading level at $63.195 during the session, while it also had its lowest trading level at $62.11.
Ratios:
For a better understanding of BYD, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 20.09 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 11.28. For the most recent quarter (mrq), Quick Ratio is recorded 0.79 and its Current Ratio is at 0.83. In the meantime, Its Debt-to-Equity ratio is 2.18 whereas as Long-Term Debt/Eq ratio is at 2.10.
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 Aug 30 ’24 when JOHNSON MARIANNE BOYD sold 73,130 shares for $60.00 per share. The transaction valued at 4,387,800 led to the insider holds 1,396,628 shares of the business.
JOHNSON MARIANNE BOYD sold 73,130 shares of BYD for $4,404,620 on Aug 29 ’24. The Executive Chairman now owns 1,423,498 shares after completing the transaction at $60.23 per share. On Aug 30 ’24, another insider, JOHNSON MARIANNE BOYD, who serves as the Officer of the company, bought 73,130 shares for $59.97 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 5735162368 and an Enterprise Value of 9257705472. As of this moment, Boyd’s Price-to-Earnings (P/E) ratio for their current fiscal year is 12.14, and their Forward P/E ratio for the next fiscal year is 9.38. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 14.81. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.51 while its Price-to-Book (P/B) ratio in mrq is 3.37. Its current Enterprise Value per Revenue stands at 2.445 whereas that against EBITDA is 7.769.
Stock Price History:
Over the past 52 weeks, BYD has reached a high of $68.46, while it has fallen to a 52-week low of $49.34. The 50-Day Moving Average of the stock is 3.44%, while the 200-Day Moving Average is calculated to be 3.96%.
Shares Statistics:
Over the past 3-months, BYD traded about 885.36K shares per day on average, while over the past 10 days, BYD traded about 611120 shares per day. A total of 98.83M shares are outstanding, with a floating share count of 68.27M. Insiders hold about 25.60% of the company’s shares, while institutions hold 70.07% stake in the company. Shares short for BYD as of 1727654400 were 3366381 with a Short Ratio of 3.80, compared to 1724976000 on 3327605. Therefore, it implies a Short% of Shares Outstanding of 3366381 and a Short% of Float of 5.1799998.
Dividends & Splits
BYD’s forward annual dividend rate is 0.67, up from 0.66 a year ago. Against a Trailing Annual Dividend Yield of 0.010443038The stock’s 5-year Average Dividend Yield is 2.1.
