Boyd Gaming Corp (NYSE:BYD) (Trend Analysis) shares were traded with no significant volume change. The stock closed last trading session at $17.59, up by 1.68%, with a volume of 1,247,253 shares against an average amount for the last three months of 1,134,570.
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Boyd Gaming Corp (NYSE:BYD) stock is currently trading 17.92% below its 52-week-high, 23.7% above its 52-week-low. The 1-year stock price history is in the range of $14.22 – $21.43. Boyd Gaming Corp (BYD) has a price to earnings ratio of 5.08 versus Services sector average of 20.03. BYD stock price has underperformed the S&P 500 by 15.4%. The Casino Hotels company is currently valued at $1.97 billion, and its share price closed the last trading session at $17.59. The stock has a 50-day moving average of $18.88 and a 200-day moving average of $19.07.
Boyd Gaming Corp (BYD) current short interest stands at 9.48 million shares. It has increased by 4% from the same period of last month. Around 12% of the company’s shares, which are float, are short sold. With a 10-days average volume of 1.78 million shares, the number of days required to cover the short positions stand at 5.4 days.
Boyd Gaming Corp (BYD) declared last quarter earnings on November 01. The Casino Hotels company announced last quarter earnings per share of $0.14 against a consensus Street estimate of $0.12, beating the average estimate by $0.02. The company posted a revenue of $531.9 million compared to an estimation of $542.3 million.
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There are currently thirteen analysts that cover Boyd Gaming Corp stock. Of those thirteen, five have a Buy rating, eight have a Hold rating. On a consensus basis this yields to an Overweight rating. The consensus target price stands at $20.55.
A recent analyst activity consisted of Janney Capital upgrading their Neutral rating to Buy on March 22. Janney Capital increased their price target on BYD from $21 to $25. This corresponds to a 42.13% upside from the last closing price. On the date of report, the stock closed at $19.85.
Barclays reiterated their Equal-weight stance on February 18, and increased their price target on BYD stock from $19 to $21. This corresponds to a 19.39% upside from the last closing price. On the date of report, the stock closed at $17.07.
Another research firm was Nomura who reiterated their Neutral stance on February 17. Nomura decreased price target from $21 to $19. This translates to a 8.02% upside from the last closing price. On the date of report, the stock closed at $17.25.
Boyd Gaming Corporation owns and operates several gaming properties throughout the United States. The Company also operates entertainment, restaurants, shopping, and recreational facilities on its properties.