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After finishing at $60.02 in the prior trading day, Boyd Gaming Corp. (NYSE: BYD) closed at $59.38, down -1.07%. In other words, the price has decreased by -$1.07 from its previous closing price. On the day, 0.59 million shares were traded. BYD stock price reached its highest trading level at $59.96 during the session, while it also had its lowest trading level at $58.91.
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 19.08 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 10.72. 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 this company, Raymond James on May 21, 2024, initiated with a Outperform rating and assigned the stock a target price of $67.
JP Morgan Downgraded its Overweight to Neutral on April 26, 2024, whereas the target price for the stock was revised from $80 to $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 5507595776 and an Enterprise Value of 8907171840. As of this moment, Boyd’s Price-to-Earnings (P/E) ratio for their current fiscal year is 11.54, and their Forward P/E ratio for the next fiscal year is 8.97. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 13.98. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.44 while its Price-to-Book (P/B) ratio in mrq is 3.20. Its current Enterprise Value per Revenue stands at 2.353 whereas that against EBITDA is 7.475.
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 3.73%, while the 200-Day Moving Average is calculated to be -0.64%.
Shares Statistics:
The stock has traded on average 1.04M shares per day over the past 3-months and 610020 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 70.40M. Insiders hold about 23.28% of the company’s shares, while institutions hold 70.81% stake in the company. Shares short for BYD as of 1723680000 were 3527758 with a Short Ratio of 3.39, compared to 1721001600 on 3883155. Therefore, it implies a Short% of Shares Outstanding of 3527758 and a Short% of Float of 5.43.
Dividends & Splits
In the trailing 12 months, BYD’s forward annual dividend rate was 0.66, compared to 0.66 this year. Against a Trailing Annual Dividend Yield of 0.010996335The stock’s 5-year Average Dividend Yield is 2.1.
