The Latest Analyst Ratings For Boyd Gaming
Portfolio Pulse from Benzinga Insights
Recent analyst evaluations of Boyd Gaming (NYSE:BYD) show a mix of bullish and bearish perspectives with no changes in ratings in the last 30 days. The average 12-month price target is $74.25, slightly down from the previous $74.57. Analyst actions include both raises and lowers in price targets by firms such as Morgan Stanley, Susquehanna, Truist Securities, JP Morgan, Wells Fargo, Barclays, and Stifel. Boyd Gaming's financials indicate strong market positioning with positive revenue growth, high net margin, and exceptional ROE and ROA, despite a lower growth rate compared to peers in the Consumer Discretionary sector.
March 21, 2024 | 4:00 pm
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NEUTRAL IMPACT
Boyd Gaming's mixed analyst ratings and slight decrease in average price target reflect cautious optimism. Strong financial indicators such as revenue growth, net margin, and ROE suggest a solid market position.
The mixed analyst ratings indicate a balanced view among analysts, with no consensus on a strong bullish or bearish outlook. The slight decrease in the average price target suggests a minor adjustment in expectations, not a significant shift in sentiment. Boyd Gaming's strong financial performance, particularly in revenue growth, net margin, ROE, and ROA, positions it well in the market, potentially offsetting any negative impact from the adjusted price target. The company's lower debt-to-equity ratio compared to the industry average further supports a stable financial outlook.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100