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.

Several price targets were given for BYD by the analysts covering the stock. The most optimistic price target was 30, which equates to a potential upside of 14.37 percent. The most pessimistic analyst gave a price target of 23, implying a possible loss of -12.31 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -1.61 percent. 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.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 2 analysts have revised their quarterly estimates upwards in the past 30 days, while 1 analysts revised their estimates downwards. Over the same time period, 3 analysts revised their FY earnings estimates upwards, while 1 analysts made negative revisions to their fiscal year's estimates.

The growth rate of BYD's earnings is estimated by analysts to be -48.16 percent. Another measure frequently examined by investors is the PEG ratio. A lower PEG ratio is favorable, because that is often interpreted as the company being fairly priced relative to its growth rate. Many investors consider PEG ratios between 0 and 1 as preferrable, even though it may be more relevant to compare the ratio to that of a firm's competitors. BYD has a PEG ratio of -0.26.

In the trailing 52-weeks, BYD hit 26.67 at the highest peak, while it's lowest trading point was 16.77. Today's price is 56.41 percent above the 52-week low, and below the high by 1.65 percent. 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.