(BYD) Boyd Gaming - Ratings and Ratios

Boyd Gaming Corporation (NYSE:BYD) is a diversified gaming and hospitality company with operations across the United States and Canada. The company operates through four core segments: Las Vegas Locals, Downtown Las Vegas, Midwest & South, and Online. Its Las Vegas Locals segment focuses on catering to the local resident market, offering a mix of gaming, dining, and entertainment options. The Downtown Las Vegas segment includes iconic properties like the Fremont Hotel and Casino and the California Hotel and Casino, which attract both locals and tourists. The Midwest & South segment spans multiple jurisdictions, including Iowa, Illinois, Indiana, and Mississippi, with a portfolio of regional casinos. The Online segment includes Boyd Interactive, which provides online gaming and sports betting platforms, leveraging partnerships with entities like FanDuel to expand its digital footprint. In addition to its gaming operations, the company owns and operates a travel agency, further diversifying its revenue streams. Boyd Gaming Corporation, originally founded as The Boyd Group in 1975, rebranded to its current name in April 1993. Headquartered in Las Vegas, Nevada, the company has established itself as a key player in the gaming industry with a strong focus on regional markets and strategic growth initiatives. Web URL: https://www.boydgaming.com

3-Month Forecast: Based on the provided data, Boyd Gaming Corporation (NYSE:BYD) is expected to experience moderate growth in the near term. The stock is currently trading at $68.87, slightly above its 20-day SMA of $64.96, indicating positive momentum. The 50-day SMA of $69.16 suggests a potential resistance level, while the 200-day SMA of $67.29 indicates long-term stability. The average 20-day volume of 949,459 shares reflects steady trading activity. The ATR of 2.70 signals moderate volatility, which could support price movement within a narrow range. On the fundamental side, the forward P/E of 9.52 suggests undervaluation relative to earnings expectations, while the P/B ratio of 3.43 indicates a premium on book value. With a return on equity (RoE) of 36.54%, the company demonstrates strong profitability. Overall, the stock is likely to trade in the range of $65 to $72 over the next three months, with potential upside driven by earnings performance and industry trends.