This webpage was generated automatically. To access the article in its initial location, please use the link below:
https://www.nasdaq.com/articles/beyond-numbers-12-analysts-discuss-boyd-gaming-stock
Additionally, should you wish to remove this article from our platform, please get in touch with us.
In the most recent quarter, twelve analysts issued ratings for Boyd Gaming (NYSE:BYD), exhibiting a combination of optimistic and pessimistic viewpoints.
The table provided below summarizes their latest ratings, highlighting the changing attitudes over the past 30 days and contrasting them with prior months.
| Optimistic | Somewhat Optimistic | Neutral | Somewhat Pessimistic | Pessimistic | |
|---|---|---|---|---|---|
| Total Ratings | 3 | 4 | 5 | 0 | 0 |
| Last 30D | 1 | 0 | 0 | 0 | 0 |
| 1M Ago | 1 | 0 | 1 | 0 | 0 |
| 2M Ago | 0 | 0 | 0 | 0 | 0 |
| 3M Ago | 1 | 4 | 4 | 0 | 0 |
Analysis of analysts’ 12-month price targets reveals an average target of $77.33, with a high estimate of $92.00 and a low estimate of $69.00. Notably, the current average has increased by 7.94%, up from the previous mean price target of $71.64.
Interpreting Analyst Ratings: An In-depth Examination
The position of Boyd Gaming among financial analysts is illuminated through a comprehensive review of recent actions. The summary below presents the notable analysts, their latest evaluations, and changes to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| David Katz | Jefferies | Increases | Buy | $92.00 | $73.00 |
| John Staszak | Argus Research | Initiates | Buy | $90.00 | – |
| Joseph Greff | JP Morgan | Increases | Neutral | $74.00 | $69.00 |
| Brandt Montour | Barclays | Increases | Equal-Weight | $71.00 | $70.00 |
| Ben Chaiken | Mizuho | Increases | Outperform | $79.00 | $78.00 |
| Steven Wieczynski | Stifel | Increases | Hold | $74.00 | $67.00 |
| Joseph Greff | JP Morgan | Increases | Neutral | $69.00 | $68.00 |
| Daniel Politzer | Wells Fargo | Increases | Overweight | $79.00 | $75.00 |
| Barry Jonas | Truist Securities | Increases | Buy | $77.00 | $75.00 |
| Stephen Grambling | Morgan Stanley | Increases | Overweight | $78.00 | $74.00 |
| Daniel Politzer | Wells Fargo | Increases | Overweight | $75.00 | $71.00 |
| Brandt Montour | Barclays | Increases | Equal-Weight | $70.00 | $68.00 |
Crucial Takeaways:
Action Taken: Analysts frequently adjust their recommendations in response to changing market conditions and performance of the company. Whether they ‘Maintain’, ‘Increase’, or ‘Decrease’ their stance provides insight into their reaction to recent developments regarding Boyd Gaming. This data illustrates how analysts view the present circumstances of the company.
Rating: Analysts assign qualitative values ranging from ‘Outperform’ to ‘Underperform’, offering insight into their predictions. These ratings reflect expectations for how Boyd Gaming will perform relative to the broader market.
Price Targets: Analysts provide projections for the prospective value of Boyd Gaming’s stock, shedding light on shifts in their expectations over time.
By evaluating these analyst assessments alongside pertinent financial metrics, a complete picture of Boyd Gaming’s market status can be obtained. Remain informed and make decisions based on data with the help of our Ratings Table.
Keep updated on Boyd Gaming analyst ratings.
Everything You Need to Understand About Boyd Gaming
Boyd Gaming Corp operates as a multi-jurisdictional gaming enterprise. The company manages entirely-owned gaming entertainment facilities (including casino areas, slot machines, table games, and hotel accommodations) across Nevada, Illinois, Indiana, Iowa, Kansas, Louisiana, Mississippi, Missouri, Ohio, and Pennsylvania. Its operations are divided into geographical segments: Las Vegas Locals, Downtown Las Vegas, Midwest and South, and Online. The Midwest and South segments encompass the majority of entertainment properties and generate most of the company’s revenue.
Boyd Gaming’s Economic Influence: An Overview
Market Capitalization Analysis: Exceeding industry standards, the firm’s market capitalization highlights a significant scale, indicating a strong market presence.
Revenue Growth: Boyd Gaming has demonstrated impressive results over the last three months. As of September 30, 2024, the company achieved a remarkable revenue growth rate of 6.43%, signifying a considerable increase in top-line earnings. The company’s performance is superior compared to other entities in the Consumer Discretionary sector, with a growth rate surpassing the average among competitors.
Net Margin: Boyd Gaming’s net margin exceeds sector averages, reaching 13.64%, reflecting strong financial health and effective cost control.
Return on Equity (ROE): The financial robustness of Boyd Gaming is showcased by its exceptional ROE, outperforming industry benchmarks. With a notable ROE of 7.84%, the company effectively utilizes equity capital, demonstrating strong financial health.
Return on Assets (ROA): Boyd Gaming’s ROA distinguishes itself by exceeding industry averages. With an impressive ROA of 2.09%, the company exhibits efficient asset utilization and robust financial execution.
Debt Management: The company’s debt-to-equity ratio stands below the sector average at 2.35, illustrating a reduced reliance on debt financing along with a more prudent financial strategy.
The Essence of Analyst Ratings: Essential Information for Every Investor
Ratings are produced by analysts, specialists within the banking and financial sectors who report on specific stocks or designated sectors (generally once per quarter for each stock). Analysts typically obtain their insights from company conference calls, financial statements, and discussions with key insiders to reach their conclusions.
Analystsmay augment their assessments by integrating projections for indicators such as growth forecasts, profits, and turnover, providing further guidance to stakeholders. It is crucial to recognize that, while they are specialists in equities and industries, analysts are individuals and convey their viewpoints when offering evaluations.
Breaking: Wall Street’s Upcoming Major Player
Benzinga’s leading analyst has just pinpointed a stock ready for significant growth. This lesser-known company could leap by 200%+ as substantial market transformations occur. Click here for immediate information.
This article was produced by Benzinga’s automated content generation system and examined by an editor.
Recent Ratings for BYD
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Feb 2022 | Morgan Stanley | Reiterates | Overweight | |
| Jan 2022 | Morgan Stanley | Reiterates | Overweight | |
| Dec 2021 | Raymond James | Upgrades | Outperform | Strong Buy |
See Additional Analyst Ratings for BYD
Check the Latest Analyst Ratings
© 2025 Benzinga.com. Benzinga does not offer investment guidance. All rights reserved.
The perspectives and opinions expressed here are those of the author and do not necessarily represent those of Nasdaq, Inc.
This page was generated automatically; to view the article in its original context, you can follow the link below:
https://www.nasdaq.com/articles/beyond-numbers-12-analysts-discuss-boyd-gaming-stock
and if you wish to remove this article from our website, please contact us
