Boyd Gaming (NYSE:BYD) Has Target Of $37 Give by Equity Research Analysts at Morgan Stanley. Equal-Weight Didn’t change.

June 27, 2018 - By Noel Courtney

Boyd Gaming Corporation (NYSE:BYD) Corporate Logo

During Q1 2018 the big money sentiment increased to 0.93. That’s change of 0.07, from 2017Q4’s 0.86. 32 investors sold all, 70 reduced holdings as Boyd Gaming Corporation ratio increased. 53 grew positions while 42 funds bought positions. Funds hold 79.80 million shares thus 2.74% less from 2017Q4’s 82.05 million shares.

Quantitative Systematic Strategies Limited Company invested 0.09% in Boyd Gaming Corporation (NYSE:BYD). Texas-based Employees Retirement Systems Of Texas has invested 0.02% in Boyd Gaming Corporation (NYSE:BYD). Balyasny Asset Ltd Liability Corp reported 0.12% of its capital in Boyd Gaming Corporation (NYSE:BYD). Schwab Charles Investment Mngmt has 0.01% invested in Boyd Gaming Corporation (NYSE:BYD) for 535,105 shs. Rhumbline Advisers invested in 0.01% or 167,021 shs. California Employees Retirement System reported 42,866 shs. Zurcher Kantonalbank (Zurich Cantonalbank) invested 0% in Boyd Gaming Corporation (NYSE:BYD). Beacon Gp reported 24,600 shs stake. First Personal Svcs has 0% invested in Boyd Gaming Corporation (NYSE:BYD). Teacher Retirement Sys Of Texas holds 18,681 shs or 0% of its capital. Thrivent Financial For Lutherans owns 18,720 shs or 0% of their US capital. Jpmorgan Chase And holds 0.01% of its capital in Boyd Gaming Corporation (NYSE:BYD) for 1.39M shs. Voya Inv Ltd Llc owns 0.09% invested in Boyd Gaming Corporation (NYSE:BYD) for 1.39M shs. Advantus Capital Management stated it has 0.01% of its capital in Boyd Gaming Corporation (NYSE:BYD). American Group owns 215,721 shs for 0.02% of their capital.

Boyd Gaming Corporation registered $12.12 million net activity with 0 insider purchases and 8 insider sales since February 28, 2018. LARSON BRIAN A sold $3.54M worth of stock or 99,077 shs. 89,783 Boyd Gaming Corporation (NYSE:BYD) shs with value of $3.04M were sold by JOHNSON MARIANNE BOYD. Another trade for 30,000 shs valued at $1.01M was made by BOUGHNER ROBERT L on Monday, March 12. 24,906 Boyd Gaming Corporation (NYSE:BYD) shs with value of $835,671 were sold by Thompson Stephen S.. $2.51M worth of Boyd Gaming Corporation (NYSE:BYD) was sold by SMITH KEITH.

Reiterated Boyd Gaming (NYSE:BYD) Rating.

The $37 target price per share on the $4.02B market cap company given by Equity research analysts at Morgan Stanley would suggest a potential upside of 3.50 %. The Boyd Gaming (NYSE:BYD)‘s stock had its Equal-Weight Rating issued in an analyst note on Tuesday morning.

Boyd Gaming Corporation (NYSE:BYD) Ratings Coverage

In total 11 analysts cover Boyd Gaming (NYSE:BYD). “Buy” rating has 7, “Sell” are 0, while 4 are “Hold”. 64% are bullish. 12 are the (NYSE:BYD)’s analyst reports since January 5, 2018 according to StockzIntelligence Inc. On Thursday, January 18 the rating was initiated by Jefferies with “Hold”. On Monday, February 5 the firm earned “Buy” rating by SunTrust. On Friday, April 27 Deutsche Bank maintained the shares of BYD in report with “Buy” rating. In Tuesday, June 26 report Morgan Stanley maintained it with “Equal-Weight” rating and $37 target. On Wednesday, February 21 the firm earned “Overweight” rating by JP Morgan. In Friday, January 5 report Bank of America upgraded it to “Buy” rating and $42.0 target. On Wednesday, February 21 the company was maintained by Barclays Capital. On Tuesday, May 1 the firm has “Overweight” rating given by Barclays Capital. On Tuesday, February 6 the rating was maintained by Susquehanna with “Buy”. On Wednesday, February 21 the firm has “Hold” rating by Stifel Nicolaus given.

BYD is hitting $35.75 during the last trading session, after increased 0.90%.Boyd Gaming Corporation has volume of 35,101 shares. Since June 27, 2017 BYD has risen 48.32% and is uptrending. The stock outperformed the S&P500 by 35.75%.

Boyd Gaming Corporation (NYSE:BYD) is awaited to report earnings on July, 26., Faxor reports. Analysts predict $0.33 earnings per share. That’s $0.07 up or 26.92 % from 2017’s earnings of $0.26. If earnings per share of $0.33 is revealed the profit of BYD could reach $37.14M giving it 27.08 P/E. -15.38 % negative EPS growth is what Wall Street’s forecasts after $0.39 reported EPS last quarter.

Boyd Gaming Corporation, together with its subsidiaries, operates as a multi-jurisdictional gaming company.The company has $4.02 billion market cap. It operates through three divisions: Las Vegas Locals, Downtown Las Vegas, and Midwest and South.The P/E ratio is 21.25. As of December 31, 2017, the firm owned and operated 24 gaming entertainment properties offering a total of 1,358,856 square feet of casino space, 30,267 slot machines, 632 table games, and 9,372 hotel rooms located in Nevada, Illinois, Indiana, Iowa, Kansas, Louisiana, and Mississippi.

For more Boyd Gaming Corporation (NYSE:BYD) news announced recently go to: Prnewswire.com, Globenewswire.com, Seekingalpha.com, Seekingalpha.com or Seekingalpha.com. The titles are as follows: “Boyd Gaming Corporation Closes Offering Of 6.000% Senior Notes Due 2026” announced on June 25, 2018, “Investor Expectations to Drive Momentum within Intrepid Potash, Portland General Electric, CarMax, Boyd Gaming …” on June 26, 2018, “Vegas casino strike due to start tomorrow” with a publish date: May 31, 2018, “Has MGM Lost Its Way… Again?” and the last “Sports betting by the numbers” with publication date: June 19, 2018.

Boyd Gaming Corporation (NYSE:BYD) Institutional Investors Chart

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