The Boyd Gaming Corp. (BYD) Releases Quarterly Earnings Outcomes, Misses Estimates By $zero.01 EPS

Boyd Gaming Corp. logoBoyd Gaming Corp. (NYSE:BYD) issued its quarterly earnings information on Tuesday. The corporate reported $zero.14 earnings per share (EPS) for the quarter, lacking badysts’ consensus estimates of $zero.15 by $zero.01. The enterprise had income of $531.90 million for the quarter, in comparison with badyst estimates of $543.13 million. Boyd Gaming Corp. had a return on fairness of 18.90% and a internet margin of three.74%. The agency’s income for the quarter was down 2.6% in comparison with the identical quarter final 12 months. Throughout the identical interval within the earlier 12 months, the enterprise posted $zero.27 earnings per share.

Shares of Boyd Gaming Corp. (NYSE:BYD) traded down 1.46% throughout noon buying and selling on Tuesday, reaching $17.60. The corporate’s inventory had a buying and selling quantity of 1,897,504 shares. The agency has a market capitalization of $1.98 billion, a PE ratio of 24.55 and a beta of 1.86. Boyd Gaming Corp. has a 1-year low of $14.22 and a 1-year excessive of $21.43. The corporate’s 50-day shifting common worth is $19.00 and its 200 day shifting common worth is $19.14.

Earnings History for Boyd Gaming Corp. (NYSE:BYD)

Numerous badysts just lately issued reviews on BYD shares. Zacks Funding Analysis raised Boyd Gaming Corp. from a “maintain” ranking to a “purchase” ranking and set a $22.00 worth goal for the corporate in a badysis report on Tuesday, October 4th. Telsey Advisory Group dropped their goal worth on Boyd Gaming Corp. from $24.00 to $23.00 and set an “outperform” ranking for the corporate in a badysis report on Thursday, August 4th. Lastly, Gabelli reaffirmed a “purchase” ranking and issued a $28.00 goal worth on shares of Boyd Gaming Corp. in a badysis report on Monday, October 17th. 5 equities badysis badysts have rated the inventory with a maintain ranking and 9 have issued a purchase ranking to the corporate. Boyd Gaming Corp. at present has a mean ranking of “Purchase” and a mean goal worth of $22.83.

In different Boyd Gaming Corp. information, insider Marianne Boyd Johnson bought 10,00zero shares of the corporate’s inventory in a transaction dated Tuesday, August ninth. The inventory was bought at a mean worth of $19.26, for a complete transaction of $192,600.00. Following the completion of the sale, the insider now instantly owns 187,229 shares within the firm, valued at $three,606,030.54. The sale was disclosed in a authorized submitting with the Securities & Alternate Fee, which is accessible by this hyperlink. Additionally, insider William S. Boyd bought 76,531 shares of the corporate’s inventory in a transaction dated Tuesday, August 16th. The inventory was bought at a mean worth of $19.75, for a complete worth of $1,511,487.25. Following the sale, the insider now owns 184,386 shares of the corporate’s inventory, valued at $three,641,623.50. The disclosure for this sale might be discovered right here. Firm insiders personal 29.67% of the corporate’s inventory.

Numerous mbadive buyers have just lately made modifications to their positions in BYD. BlackRock Funding Administration LLC raised its stake in shares of Boyd Gaming Corp. by eight.7% within the second quarter. BlackRock Funding Administration LLC now owns 343,809 shares of the corporate’s inventory valued at $6,326,00zero after shopping for an extra 27,583 shares within the final quarter. BlackRock Inc. raised its stake in shares of Boyd Gaming Corp. by eight.9% within the second quarter. BlackRock Inc. now owns 6,089 shares of the corporate’s inventory valued at $111,00zero after shopping for an extra 500 shares within the final quarter. BlackRock Fund Advisors raised its stake in shares of Boyd Gaming Corp. by three.eight% within the second quarter. BlackRock Fund Advisors now owns 5,148,421 shares of the corporate’s inventory valued at $94,731,00zero after shopping for an extra 189,740 shares within the final quarter. BlackRock Group LTD raised its stake in shares of Boyd Gaming Corp. by four.6% within the second quarter. BlackRock Group LTD now owns 126,364 shares of the corporate’s inventory valued at $2,325,00zero after shopping for an extra 5,547 shares within the final quarter. Lastly, US Bancorp DE raised its stake in shares of Boyd Gaming Corp. by 11.2% within the second quarter. US Bancorp DE now owns 59,111 shares of the corporate’s inventory valued at $1,087,00zero after shopping for an extra 5,955 shares within the final quarter. Institutional buyers personal 73.22% of the corporate’s inventory.

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