Analyst Ratings for Boyd Gaming Corp. (BYD)

Updated: 2017-07-27

An average rating of Overweight has been given to Boyd Gaming Corp. (NYSE:BYD) by analysts covering the stock. A consensus rating of Overweight was previously issued for BYD last month.

14 analysts issued ratings on the stock, where 9 gave BYD a buy rating, 0 gave an overweight rating, 5 gave a hold rating, 0 gave an underweight rating, and 0 issued a sell rating. Today, there are 2 more analysts optimistic about the company future as compared with 90 days ago. Meanwhile, the number of analysts pessimistic about the company has increased by 0.

Many analysts weighed in on price targets for BYD. The maximum price target given was 30, implying potential capital gains of 14.37 percent. The minimum price target given was 23, implying potential capital losses of -12.31 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -1.61 percent. The average change in earnings estimates over the last 90 days is -1.61 percent. Meanwhile, fiscal year estimates have been revised downwards by -0.93 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of -2.64 percent in FY estimates.

People are often interested in whether analysts were united in the direction of their revisions. Over the past month, 2 analysts increased their quarterly estimates, while 1 analysts revised their estimates downwards. Also over the last month, 3 analysts increased their estimates for the FY earnings, compared to 1 analysts that revised their FY estimates downwards.

The growth rate of BYD's earnings is estimated by analysts to be -48.16 percent. The PEG ratio of a stock is another value frequently studied by investors. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. PEG ratios below 1 are often considered desirable, even though it may be more relevant to compare the ratio to that of a firm's competitors. The PEG ratio of BYD is -0.26.

BYD has a 52-week high of 26.67 and a 52-week low of 16.77. Currently the stock is 56.41 percent higher than its low, and 1.65 percent lower than its 52-week high. BYD has a price/earnings ratio of 12.66. Investors typically compare the P/E ratio to a company's peers in the industry. The BYD value stock report compares BYD to some of its peers using value stock charts. The stock has a market capitalization of $2.97 billion. BYD will post this quarters earnings in days, on 0000-00-00.