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.

A number of analysts gave price targets for BYD. The most optimistic price target was 30, implying potential capital gains of 14.37 percent. The lowest price target was 23, which equates to a potential downside of -12.31 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.

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.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 2 analysts made positive revisions to their quarterly estimates over the past month, which can be compared to the 1 analysts that decreased their estimates. 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. Smaller PEG ratios are desirable, as that can indicate whether the high price level of a stock is warranted by high growth. Many investors consider PEG ratios between 0 and 1 as preferrable, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of BYD is -0.26.

In the last 52-weeks, BYD has achieved a high of 26.67 and a low of 16.77. 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 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.