Boyd Gaming Story Overview

BYD -- USA Stock  

USD 38.49  0.38  1.00%

Macroaxis News
  
By David Taylor

Boyd Gaming has had its fair share of volatility with its stock price.  Unfortunately, over the past couple of years, the earnings were in negative territory.  The stock had been trading as high as $50.00 per share.  But, when the negative earnings started to come in steadily, the stock was beaten down as traders headed for the exits; BYD was trading at a price under $4.00 per share.  

Some beaten down stocks are now strong buys such as this company Boyd Gaming

Oftentimes a stock may become beaten down because of bad earnings for a period of time, and why wouldn't it? But, eventually, these stock's fortunes will turn.  Here is one company, Boyd Gaming, in the gaming industry, that is going to be doing better going forward.  And, now that its stock has turned with the economy, this may be a great opportunity to get in.  




Boyd Gaming has had its fair share of volatility with its stock price.  Unfortunately over the past couple of years, the earnings were in negative territory.  The stock had been trading as high as $50.00 per share.  But, when the negative earnings started to come in steadily, the stock was beaten down as traders headed for the exits; BYD was trading at a price under $4.00 per share.  

Here is a listing of BYDs earnings over the past several years:

2011:    -$0.04

2012:  -$10.37

2013:    -$0.83

2014:    -$0.48

2015:     $0.42

There were a few very lean years, with one year being more like a famine.  However, the fortunes are changing and so is the economy.  With BYD turning profitable in the last year on this chart the stock is had begun moving higher.  Now, it is poised to break out to the upside.  The fundamentals on this move make a lot of sense and allow for an empowering position for anyone taking this stock.  

First, the company is in the gaming industry.  This is an industry that is very closely tied to the fortunes of the economy.  This is the epitome of discretionary spending.  As incomes in American are moving higher so will the profits in the gaming industry.  So, this is a business that will appreciate significantly over the course of some time.  

Right now the stock is trading at about $5.00 per share.  That is a mere tenth of its former self from just a couple of years ago.  It is very easy to see this stock return to these levels now that buying has entered into the market.  Getting in to a stock like this, one that could easily retrace its move downward, and maybe even eclipse that move, would mean you would earn a 1,000% return.  That is tempting.  

The fundamentals are there.  The earnings-per-share have turned positive and are beginning to move even higher.  And, as mentioned, the economy will be driving more opportunities into the gaming industry.  When I see companies like this I see a lot of potential.  The past few years have forced management to lean out the company.  Now, with more sales revenue possibilities available to the company, that leanness will go a long way to adding a large profit ratio.  

The leaning up of the company is evident in the assets:liabilities ratio.  Whereas before it was nearly 1:2 it now rests at about 1:1.5.  The company has paid down some debt and now its revenues are going to be increasing.  

These are the types of companies that I like to buy into.  This company’s stock has been beaten down significantly.  A lot of stocks have had that problem over the past few years.  But, this stock has to seen the larger sunup of late.  BYD’s move upward has been lagging the overall market.  It is as if the market has forgotten, or wanted to forget, this stock.  

And that is the perfect time to get into a company like BYD.  I had recently written that the price-earnings ratio is a bit high.  It is now sitting at about 25.83.  Historically it averages 15.  Likely there will be some selling the first part of this year.  But, I do not see too much potential of selling for this stock.  It is already very low; it is sitting at a great buying price.  Even if the market does correct itself from its 14% move higher in the past 8 weeks, there is very little downside to this stock.   

This kind of company is exactly the kind of company that I look for to add to my own portfolio.  You should, too. 

Story Momentum

This article from Macroaxis published on 05 of January contributed to the next trading period closing price depreciation.The overall trading delta to the next next day price was 3.07% . The overall trading delta when the story was published to current price is 82.14% .

Similar stores for Boyd Gaming

a day ago at www.macroaxis.com 
Acquisition or disposition of Boyd Gaming securities by Marianne Johnson
Macroaxis News
Filed transaction by Boyd Gaming Corp director. Acquisition or disposition under rule 16b-3
few days ago at www.macroaxis.com 
Acquisition by Peter Thomas of 2500 shares of Boyd Gaming subject to Rule 16b-3
Macroaxis News
Filed transaction by Boyd Gaming Corp director. Grant, award or other acquisition pursuant to Rule 16b-3
over a week ago at www.macroaxis.com 
Acquisition or disposition of Boyd Gaming securities by Marianne Johnson
Macroaxis News
Filed transaction by Boyd Gaming Corp director. Acquisition or disposition under rule 16b-3
over a week ago at www.macroaxis.com 
Boyd Gaming exotic insider transaction detected
Macroaxis News
Filed transaction by Boyd Gaming Corp director. Unconventional Insider trading
over a week ago at www.macroaxis.com 
Sale by Keith Smith of 1000 shares of Boyd Gaming
Macroaxis News
Filed transaction by Boyd Gaming Corp director. General open market or private sale of non-derivative or derivative security
over two weeks ago at www.macroaxis.com 
Boyd Gaming exotic insider transaction detected
Macroaxis News
Filed transaction by Boyd Gaming Corp director. Unconventional Insider trading
over two weeks ago at www.macroaxis.com 
Sale by Marianne Johnson of 1000 shares of Boyd Gaming
Macroaxis News
Filed transaction by Boyd Gaming Corp director. General open market or private sale of non-derivative or derivative security
over three weeks ago at http://thewellesleysnews.com 
Investment Research Analysts Opinion Boyd Gaming Corporation , TiVo Corporation
news
Analyst JournalTraders Keen on Boyd Gaming Corporation as it Makes Headlines With Moves The Coin GuildNew York Boyd Gaming Stock Has Just Had Its Equal-Weight Rating Reiterated by Morgan Stanley ... Finance News DailyHas MGM Lost Its Way... Again Seeking AlphaFull coverage
over three weeks ago at www.macroaxis.com 
Exercise or conversion by William Boyd of 26667 shares of Boyd Gaming subject to Rule 16b-3
Macroaxis News
Filed transaction by Boyd Gaming Corp director. Exercise or conversion of derivative security exempted pursuant to Rule 16b-3
over three weeks ago at www.macroaxis.com 
Acquisition or disposition of Boyd Gaming securities by Marianne Johnson
Macroaxis News
Filed transaction by Boyd Gaming Corp director. Acquisition or disposition under rule 16b-3
over a month ago at http://globalexportlines.com 
Reeling Stocks UBS Group AG, , Boyd Gaming Corporation,
news
Global Export Lines Reinhart Partners Lifted By 4.42 Million Its Weyerhaeuser Co Position Boyd Gaming Has 0.93 Sentiment Thorold NewsFull coverage
over two months ago at www.macroaxis.com 
Acquisition by William Boyd of 71429 shares of Boyd Gaming subject to Rule 16b-3
Macroaxis News
Filed transaction by Boyd Gaming Corp director. Grant, award or other acquisition pursuant to Rule 16b-3
over three months ago at www.macroaxis.com 
Sale by Stephen Thompson of 24906 shares of Boyd Gaming
Macroaxis News
Filed transaction by Boyd Gaming Corp officer. General open market or private sale of non-derivative or derivative security

Latest Stories

Recently Published Stories

Compare Boyd Gaming

Compare Boyd Gaming To Peers

Net Income

Net Income Comparative Analysis
  Net Income 
      Boyd Gaming Comparables 
Boyd Gaming is currently under evaluation in net income category among related companies. Net income is the profit of a company for the reporting period which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most watched numbers by money managers as well as individual investors.
Check also Boyd Gaming Hype Analysis, Boyd Gaming Correlation and Boyd Gaming Performance. Please also try Idea Breakdown module to analyze constituents of all macroaxis ideas. macroaxis investment ideas are predefined, sector-focused investing themes.
vendors/bower_components/jquery.easy-pie-chart/dist/jquery.easypiechart.min.js">