Boyd Gaming Corporation (BYD): These Numbers are Too Good to be True

investchronicle 69

Boyd Gaming Corporation kicked off the trading day on 10/09/19 with a price increase of 1.66%, equivalent to $0.41 relative change for the day. Taking a more long-term approach, BYD had a 52-week range of $18.98 to $33.53. At the time of this article’s publishing, this stock is trading at $25.10 after starting the trading session at $24.92. At the time of writing, this stock’s 50-day Moving Average stands at $24.55, while the 200-day Moving Average of this stock is currently $26.40.

Currently, this company’s share volume is sitting at $1107340, but has maintained average daily volume of $1.11M. This stock has generated an average Year to Date volume of $1.21 million, alongside an average 20-day volume of $1.13 million. This publicly-traded company’s shares outstanding now amounts to $108.61 million, simultaneously with a float of $80.05 million. The organization now has a market capitalization sitting at $2.73 billion.

Boyd Gaming Corporation(BYD) Ownership Data

Now let’s turn our focus to how large-scale investors are behaving with this stock. Boyd Gaming Corporation’s current insider ownership accounts for 0.20%, in contrast to 69.30% institutional ownership. According to the most recent latest insider trade that took place on Mar 15 this organization’s Vice President sold 4,000 at the rate of 28.60, making the entire transaction hit 114,400 in total value, affecting insider ownership by 34,015. Preceding that transaction, on Mar 11 Company’s President & CEO exercised an option 100,000 at a price of 8.34, making the whole transaction’s value amount to 834,000. This particular insider is now the holder of 1,339,355 in total.

If we take a glance at the Ownership summary of Boyd Gaming Corporation’s stock, Institutional holders make up 69.30% of its total stock ownership. All together, they are the legal holders of 108.61M shares. If we focus on the top 3 stockholders for this publicly-traded organization, BlackRock Fund Advisors owns 8,913,319 shares, with The Vanguard Group, Inc. in 2nd place owning 7,153,159 shares and Fidelity Management & Research Co. in third place with total ownership of 6,066,284 shares.

Boyd Gaming Corporation (BYD) Earnings and Revenue Data

In the latest quarterly report that this company released, which was put into the public domain on 6/29/2019, the organization reported $0.46 earnings per share (EPS) for the three-month period, surpassing the consensus estimate (set at $0.47) by -$0.01.

This company achieved a net margin of 4.18 while generating a return on equity of 11.06. Boyd Gaming Corporation’s full-quarter revenue increased by 37.21%, when compared against the year-ago quarter. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.46 per share during the current fiscal year.

Boyd Gaming Corporation’s EPS increase for this current 12-month fiscal period is 6.80%, and is forecasted to reach 1.98 in the upcoming year. Looking at the long run, market analysts have predicted that Company’s EPS will increase by 13.35% through the next 5 years, which can be compared against the 25.10% growth it accomplished over the previous five years trading on the market.

Additional Trading Performance Indicators

Now turning our attention to the current performance indicators for Boyd Gaming Corporation, this organization’s Quick Ratio in the last reported quarter now stands at 0.70. The company has managed to achieve an average true range (ATR) of 0.81. Alongside those, its PE Ratio stands at $22.27, and its Beta score is 2.13.

Another valuable indicator worth considering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.89 for this organization. Similarly, its price to free cash flow for trailing twelve months is now 11.88. Plus, this company’s price to book ratio for the last three-month fiscal period reported is 2.35, whereas its price to cash per share for the last quarter landed at 2.20.

In the same vein, BYD’s Diluted EPS (Earnings per Share) trailing twelve months was posted at 1.13, a figure that is expected to reach 0.39 in the next reported quarter, and analysts expect it will be 1.98 at the market close of one year from today’s date.