Streetbeat News

BYD

Boyd Gaming Corporation

https://www.boydgaming.com

Industry

Gambling, Resorts & Casinos

Boyd Gaming Corporation, together with its subsidiaries, operates as a multi-jurisdictional gaming company. It operates through three segments: Las Vegas Locals, Downtown Las Vegas, and Midwest & South. As of December 31, 2021, the company operated 28 gaming entertainment properties located in Nevada, Illinois, Indiana, Iowa, Kansas, Louisiana, Mississippi, Missouri, Ohio, and Pennsylvania. It also engages in owning and operating a travel agency. The company was founded in 1975 and is headquartered in Las Vegas, Nevada.

Open

66.62

Mkt cap

5.7B

Volume

1.3M

High

68.65

P/E Ratio

11.06

52-wk high

80.50

Low

66.62

Div yield

0.01

52-wk low

49.34

Susquehanna analyst Joseph Stauff downgrades Boyd Gaming (NYSE:BYD) from Positive to Neutral and lowers the price target from $84 to $75, indicating a more cautious outlook on the company's stock.

Portfolio Pulse from Benzinga Newsdesk

February 12, 2024 | 1:03 pm

Truist Securities analyst Barry Jonas maintains a Buy rating on Boyd Gaming (NYSE:BYD) and raises the price target from $76 to $80 as of 8th February 2024.

Portfolio Pulse from Benzinga Newsdesk

February 09, 2024 | 9:40 pm

JP Morgan analyst Joseph Greff has maintained an Overweight rating on Boyd Gaming (NYSE:BYD) and increased the price target from $78 to $80.

Portfolio Pulse from Benzinga Newsdesk

February 09, 2024 | 8:00 pm

Wells Fargo analyst Daniel Politzer has maintained an Overweight rating on Boyd Gaming (NYSE:BYD) and increased the price target from $81 to $82.

Portfolio Pulse from Benzinga Newsdesk

February 09, 2024 | 2:09 pm

U.S. stocks are poised to end the week higher, with futures indicating a modestly higher open amid mixed earnings. The S&P 500's break above 5,000 is seen as a positive sign, with historical data suggesting further gains. Cloudflare's earnings led to a significant premarket jump, while other companies like Affirm Holdings and Expedia Group saw declines. Upcoming economic data and a speech by the Federal Reserve could influence market direction.

Portfolio Pulse from Shanthi Rexaline

February 09, 2024 | 12:32 pm

In Thursday's after-market session, several consumer discretionary stocks showed notable movements. Gainers included BurgerFi International, SRIVARU Holding, Kirkland's, Connexa Sports Techs, Boyd Gaming, and AMMO, with increases attributed to various factors including Q4 and Q3 earnings reports for Boyd Gaming and AMMO respectively. Losers were led by Expedia Group, Secoo Holding, E-Home Household Service, Leggett & Platt, Selina Hospitality, and Cenntro Electric Gr, with declines also linked to Q4 earnings reports for Expedia Group and Leggett & Platt.

Portfolio Pulse from Benzinga Insights

February 08, 2024 | 9:31 pm

Boyd Gaming (NYSE:BYD) reported Q4 earnings with an EPS of $1.66, beating estimates by 12.93% and showing a revenue increase of $31.49 million from the previous year. This follows a miss in Q3 earnings and a subsequent 11.76% share price drop.

Portfolio Pulse from Benzinga Insights

February 08, 2024 | 9:10 pm

Boyd Gaming (NYSE:BYD) reported Q4 2023 earnings of $1.66 per share, surpassing the $1.47 estimate, with sales of $954.41M also beating the $930.47M estimate. This represents a 3.41% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 08, 2024 | 9:06 pm

U.S. stock futures indicate a subdued start for Wall Street, with the Dow supported by Disney's earnings beat. Oil prices rise, potentially boosting energy stocks. The S&P 500 approaches the 5,000 mark amid overbought conditions. U.S. stocks reached record highs on positive earnings and Federal Reserve comments, with the Nasdaq hitting a 25-month high. Analysts predict improved market breadth and a significant rally, particularly in small-to-mid cap stocks. Premarket trading saw movements in several stocks following earnings reports, with notable jumps for Confluent and Arm Holdings.

Portfolio Pulse from Shanthi Rexaline

February 08, 2024 | 12:35 pm

Numerous companies are scheduled to report their quarterly earnings on February 8, 2024, with a mix of expected profits and losses across various sectors. Notable mentions include Ares Management, ArcelorMittal, and AstraZeneca among others, indicating a broad spectrum of financial health and industry performance.

Portfolio Pulse from Benzinga Insights

February 08, 2024 | 9:43 am

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.