$0.22 EPS Expected for Boyd Gaming Corporation (BYD)

October 29, 2017 – By Darrin Black

Investors sentiment decreased to 1.08 in 2017 Q2. Its down 0.21, from 1.29 in 2017Q1. It is negative, as 36 investors sold Boyd Gaming Corporation shares while 53 reduced holdings. 40 funds opened positions while 56 raised stakes. 83.26 million shares or 6.25% more from 78.36 million shares in 2017Q1 were reported.
Prudential Financial Inc has invested 0.01% in Boyd Gaming Corporation (NYSE:BYD). Morgan Stanley invested in 0% or 334,899 shares. United Kingdom-based Ahl Ltd Liability Partnership has invested 0.1% in Boyd Gaming Corporation (NYSE:BYD). Alliancebernstein Lp has 0% invested in Boyd Gaming Corporation (NYSE:BYD). Mason Street Advsrs Ltd Llc stated it has 0.01% in Boyd Gaming Corporation (NYSE:BYD). Oppenheimer Asset accumulated 0% or 7,057 shares. Kbc Nv stated it has 0.02% in Boyd Gaming Corporation (NYSE:BYD). Goldman Sachs Group invested in 1.68M shares or 0.01% of the stock. California State Teachers Retirement System has 147,249 shares for 0.01% of their portfolio. First Trust Advsrs Lp invested in 0% or 75,473 shares. Hsbc Public Ltd accumulated 9,283 shares. Victory Cap Incorporated owns 9,359 shares. Cubist Systematic Strategies Ltd Liability Company has 369 shares. Cipher Capital L P reported 127,405 shares. Tci Wealth Advsrs has invested 0.04% of its portfolio in Boyd Gaming Corporation (NYSE:BYD).

Since May 4, 2017, it had 0 insider buys, and 5 selling transactions for $5.03 million activity. BOYD WILLIAM R had sold 15,000 shares worth $368,363. LARSON BRIAN A sold 90,478 shares worth $2.18M. On Wednesday, June 7 the insider SMITH KEITH sold $1.28 million. BOUGHNER ROBERT L sold $643,107 worth of stock or 25,510 shares.

Investors wait Boyd Gaming Corporation (NYSE:BYD) to report on November, 7. its quarterly earnings Wall Street analysts expect $0.22 earnings per share, up $0.08 or 57.14 % from last year’s $0.14 same quarter earnings. This translates into $24.79 million profit for BYD giving the stock a 33.08 P/E. This is assuming the current $0.22 EPS is accurate. Boyd Gaming Corporation’s Wall Street analysts see -15.38 % negative EPS growth, taking into account the $0.26 EPS reproted in the previous quarter, The stock increased 6.59% or $1.8 on October 27, reaching $29.11. About 2.81 million shares traded or 91.16% up from the average. Boyd Gaming Corporation (NYSE:BYD) has risen 35.92% since October 29, 2016 and is uptrending. It has outperformed by 19.22% the S&P500.

Boyd Gaming Corporation (NYSE:BYD) Ratings Coverage

Among 17 analysts covering Boyd Gaming Corporation (NYSE:BYD), 12 have Buy rating, 0 Sell and 5 Hold. Therefore 71% are positive. Boyd Gaming Corporation had 32 analyst reports since July 28, 2015 according to SRatingsIntel. As per Wednesday, February 1, the company rating was upgraded by Nomura. Janney Capital upgraded the shares of BYD in report on Tuesday, March 22 to “Buy” rating. The firm has “Equal-Weight” rating given on Tuesday, August 1 by Barclays Capital. On Friday, January 27 the stock rating was initiated by Buckingham Research with “Buy”. Telsey Advisory Group maintained Boyd Gaming Corporation (NYSE:BYD) on Friday, July 28 with “Outperform” rating. On Tuesday, October 24 the stock rating was maintained by Morgan Stanley with “Equal-Weight”. The stock has “Positive” rating by Susquehanna on Tuesday, January 12. The stock of Boyd Gaming Corporation (NYSE:BYD) has “Buy” rating given on Tuesday, October 24 by SunTrust. The company was maintained on Wednesday, May 3 by Telsey Advisory Group. The stock of Boyd Gaming Corporation (NYSE:BYD) has “Buy” rating given on Friday, February 10 by Suntrust Robinson.

Boyd Gaming Corporation is a multi-jurisdictional gaming company. The company has market cap of $3.28 billion. The Firm operated 24 wholly owned gaming entertainment properties in Nevada, Illinois, Indiana, Iowa, Kansas, Louisiana and Mississippi, as of December 31, 2016. It has a 34.89 P/E ratio. It operates through three divisions: Las Vegas Locals, Downtown Las Vegas, and Midwest and South.

Another recent and important Boyd Gaming Corporation (NYSE:BYD) news was published by Prnewswire.com which published an article titled: “Boyd Gaming Reports Third-Quarter 2017 Results” on October 26, 2017.