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.

BYD was given price targets by several analysts. The maximum price target given was 30, implying a possible profit of 14.37 percent. The minimum price target given was 23, implying potential capital losses of -12.31 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.

Analysts have revised their earnings estimates downwards for this quarter, by about -1.61 percent on average, compared to last month. That number becomes -1.61 percent if we expand the time horizon to include the past 3 months instead of just one. On the other hand, earnings estimates for the fiscal year have been revised downwards by -0.93 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of -2.64 percent in FY estimates.

Another thing investors often look at is the level of agreement among analysts' revisions. 2 analysts made positive revisions to their quarterly estimates over the past month, while 1 analysts revised their estimates downwards. During this time, 3 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 1 analysts that revised their FY estimates downwards.

Analysts estimate earnings of BYD to grow at a rate of -48.16 percent. People on Wall Street often look at a company's PEG ratio. A lower PEG ratio is favorable, as that can indicate whether the high price level of a stock is warranted by high growth. People often look for the PEG ratio to be under 1, although it is frequently more appropriate to compare PEG ratios to the company's peers. BYD has a PEG ratio of -0.26.

BYD has traded between a high of 26.67 and a low of 16.77 over the past year. The current market price is above the trailing year's low by 56.41 percent, and 1.65 percent below the high. BYD has a P/E 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.