Boyd Gaming Stock Price Prediction

BYD Stock  USD 62.66  0.27  0.43%   
At the present time, The relative strength indicator of Boyd Gaming's share price is at 56 suggesting that the stock is in nutural position, most likellhy at or near its resistance level. The main idea of RSI analysis is to track how fast people are buying or selling Boyd Gaming, making its price go up or down.

Oversold Vs Overbought


Boyd Gaming stock price prediction is an act of determining the future value of Boyd Gaming shares using few different conventional methods such as EPS estimation, analyst consensus, or fundamental intrinsic valuation. The successful prediction of Boyd Gaming's future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of Boyd Gaming and does not consider all of the tangible or intangible factors available from Boyd Gaming's fundamental data. We analyze noise-free headlines and recent hype associated with Boyd Gaming, which may create opportunities for some arbitrage if properly timed.
Below are the key fundamental drivers impacting Boyd Gaming's stock price prediction:
Quarterly Earnings Growth
EPS Estimate Next Quarter
EPS Estimate Current Year
EPS Estimate Next Year
Wall Street Target Price
It is a matter of debate whether stock price prediction based on information in financial news can generate a strong buy or sell signal. We use our internally-built news screening methodology to estimate the value of Boyd Gaming based on different types of headlines from major news networks to social media. The Boyd stock price prediction module provides an analysis of price elasticity to changes in media outlook on Boyd Gaming over a specific investment horizon. Using Boyd Gaming hype-based prediction, you can estimate the value of Boyd Gaming from the perspective of Boyd Gaming response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards Boyd Gaming using Boyd Gaming's stock options and short interest. It helps to benchmark the overall future attitude of investors towards Boyd using crowd psychology based on the activity and movement of Boyd Gaming's stock price.

Boyd Gaming Short Interest

A significant increase or decrease in Boyd Gaming's short interest from the previous month could be a good indicator of investor sentiment towards Boyd. Short interest can provide insight into the potential direction of Boyd Gaming stock and how bullish or bearish investors feel about the market overall. An investor who is long Boyd Gaming may also wish to track short interest. As short interest increases, investors should be becoming more worried about Boyd Gaming and may potentially protect profits, hedge Boyd Gaming with its derivative instruments, or be ready for some potential downside.
200 Day MA
Short Percent
Short Ratio
Shares Short Prior Month
3.8 M
50 Day MA

Boyd Gaming Hype to Price Pattern

Investor biases related to Boyd Gaming's public news can be used to forecast risks associated with an investment in Boyd. The trend in average sentiment can be used to explain how an investor holding Boyd can time the market purely based on public headlines and social activities around Boyd Gaming. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Some investors profit by finding stocks that are overvalued or undervalued based on market sentiment. The correlation of Boyd Gaming's market sentiment to its price can help taders to make decisions based on the overall investors consensus about Boyd Gaming.

Boyd Gaming Implied Volatility

Boyd Gaming's implied volatility exposes the market's sentiment of Boyd Gaming stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Boyd Gaming's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Boyd Gaming stock will not fluctuate a lot when Boyd Gaming's options are near their expiration.
This module is based on analyzing investor sentiment around taking a position in Boyd Gaming. This speculative approach is based exclusively on the idea that markets are driven by emotions such as investor fear and greed. The fear of missing out, i.e., FOMO, can cause potential investors in Boyd Gaming to buy its stock at a price that has no basis in reality. In that case, they are not buying Boyd because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.

Boyd Gaming after-hype prediction price

  USD 62.65  
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.

Prediction based on Rule 16 of the current Boyd contract

Based on the Rule 16, the options market is currently suggesting that Boyd Gaming will have an average daily up or down price movement of about 1.94% per day over the life of the 2024-05-17 option contract. With Boyd Gaming trading at USD 62.66, that is roughly USD 1.22 . If you think that the market is fully incorporating Boyd Gaming's daily price movement you should consider acquiring Boyd Gaming options at the current volatility level of 31.03%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Check out Boyd Gaming Basic Forecasting Models to cross-verify your projections.
For information on how to trade Boyd Stock refer to our How to Trade Boyd Stock guide.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Boyd Gaming's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
16 Analysts
Estimates (0)
LowProjected EPSHigh
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Boyd Gaming. Your research has to be compared to or analyzed against Boyd Gaming's peers to derive any actionable benefits. When done correctly, Boyd Gaming's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Boyd Gaming.

Boyd Gaming After-Hype Price Prediction Density Analysis

As far as predicting the price of Boyd Gaming at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Boyd Gaming or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Boyd Gaming, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Boyd Gaming Estimiated After-Hype Price Volatility

In the context of predicting Boyd Gaming's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Boyd Gaming's historical news coverage. Boyd Gaming's after-hype downside and upside margins for the prediction period are 61.33 and 63.97, respectively. We have considered Boyd Gaming's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
After-hype Price
Boyd Gaming is very steady at this time. Analysis and calculation of next after-hype price of Boyd Gaming is based on 3 months time horizon.

Boyd Gaming Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as Boyd Gaming is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Boyd Gaming backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Boyd Gaming, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
11 Events / Month
7 Events / Month
In about 11 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility

Boyd Gaming Hype Timeline

On the 21st of April Boyd Gaming is traded for 62.66. The entity has historical hype elasticity of -0.01, and average elasticity to hype of competition of 0.0. Boyd is anticipated to decline in value after the next headline, with the price expected to drop to 62.65. The average volatility of media hype impact on the company price is over 100%. The price depreciation on the next news is expected to be -0.02%, whereas the daily expected return is currently at -0.02%. The volatility of related hype on Boyd Gaming is about 970.59%, with the expected price after the next announcement by competition of 62.66. About 28.0% of the company shares are held by company insiders. The book value of Boyd Gaming was currently reported as 18.01. The company has Price/Earnings To Growth (PEG) ratio of 0.85. Boyd Gaming recorded earning per share (EPS) of 6.12. The entity last dividend was issued on the 14th of March 2024. Considering the 90-day investment horizon the next anticipated press release will be in about 11 days.
Check out Boyd Gaming Basic Forecasting Models to cross-verify your projections.
For information on how to trade Boyd Stock refer to our How to Trade Boyd Stock guide.

Boyd Gaming Related Hype Analysis

Having access to credible news sources related to Boyd Gaming's direct competition is more important than ever and may enhance your ability to predict Boyd Gaming's future price movements. Getting to know how Boyd Gaming's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Boyd Gaming may potentially react to the hype associated with one of its peers.
At Risk
MGMMGM Resorts International 0.60 11 per month 2.15 (0.02) 2.95 (2.89) 10.09 
LVSLas Vegas Sands 0.48 12 per month 0.00 (0.08) 2.28 (2.54) 12.60 
WYNNWynn Resorts Limited 1.65 8 per month 1.38 (0) 3.03 (2.13) 10.09 
PENNPenn National Gaming 0.11 10 per month 0.00 (0.17) 3.70 (5.14) 17.52 
MLCOMelco Resorts Entertainment(0.20)6 per month 0.00 (0.1) 5.53 (5.80) 16.69 
CZRCaesars Entertainment(1.19)8 per month 0.00 (0.13) 3.56 (4.06) 10.93 
MCRIMonarch Casino Resort(0.30)8 per month 1.37 (0.04) 2.07 (2.31) 6.68 
GDENGolden Entertainment(0.50)10 per month 0.00 (0.10) 3.00 (3.66) 12.41 
BALYBallys Corp 0.65 8 per month 2.54  0.12  4.88 (4.51) 31.06 
CNTYCentury Casinos 0.06 6 per month 0.00 (0.11) 7.72 (8.13) 18.98 

Boyd Gaming Additional Predictive Modules

Most predictive techniques to examine Boyd price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Boyd using various technical indicators. When you analyze Boyd charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Boyd Gaming Predictive Indicators

The successful prediction of Boyd Gaming stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Boyd Gaming, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Boyd Gaming based on analysis of Boyd Gaming hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Boyd Gaming's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Boyd Gaming's related companies.
 2020 2021 2023 2024 (projected)
Dividend Yield0.0016030.0081110.010.00992
Price To Sales Ratio2.

Story Coverage note for Boyd Gaming

The number of cover stories for Boyd Gaming depends on current market conditions and Boyd Gaming's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Boyd Gaming is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Boyd Gaming's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Boyd Gaming Short Properties

Boyd Gaming's future price predictability will typically decrease when Boyd Gaming's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Boyd Gaming often depends not only on the future outlook of the potential Boyd Gaming's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Boyd Gaming's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding101.4 M
Cash And Short Term Investments308.6 M
When determining whether Boyd Gaming is a strong investment it is important to analyze Boyd Gaming's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Boyd Gaming's future performance. For an informed investment choice regarding Boyd Stock, refer to the following important reports:
Check out Boyd Gaming Basic Forecasting Models to cross-verify your projections.
For information on how to trade Boyd Stock refer to our How to Trade Boyd Stock guide.
You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.

Complementary Tools for Boyd Stock analysis

When running Boyd Gaming's price analysis, check to measure Boyd Gaming's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Boyd Gaming is operating at the current time. Most of Boyd Gaming's value examination focuses on studying past and present price action to predict the probability of Boyd Gaming's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Boyd Gaming's price. Additionally, you may evaluate how the addition of Boyd Gaming to your portfolios can decrease your overall portfolio volatility.
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Is Boyd Gaming's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Boyd Gaming. If investors know Boyd will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Boyd Gaming listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
Dividend Share
Earnings Share
Revenue Per Share
Quarterly Revenue Growth
The market value of Boyd Gaming is measured differently than its book value, which is the value of Boyd that is recorded on the company's balance sheet. Investors also form their own opinion of Boyd Gaming's value that differs from its market value or its book value, called intrinsic value, which is Boyd Gaming's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Boyd Gaming's market value can be influenced by many factors that don't directly affect Boyd Gaming's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Boyd Gaming's value and its price as these two are different measures arrived at by different means. Investors typically determine if Boyd Gaming is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Boyd Gaming's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.