Boyd GamingBYD
Market Cap: $5.48B
About: Boyd Gaming Corp is a multi-jurisdictional gaming company. The company operates wholly-owned gaming entertainment properties (casino space, slot machines, table games, and hotel rooms) in Nevada, Illinois, Indiana, Iowa, Kansas, Louisiana, Mississippi, Missouri, Ohio, and Pennsylvania. Geographical regions separate its business segments: Las Vegas Locals, Downtown Las Vegas, Midwest and South, and Online. Midwest and South hold the key number of entertainment properties, and it generate the majority of sales for the company.
Employees: 16,129
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
4% more first-time investments, than exits
New positions opened: 50 | Existing positions closed: 48
1% more funds holding
Funds holding: 322 [Q1] → 324 (+2) [Q2]
0.96% less ownership
Funds ownership: 68.62% [Q1] → 67.65% (-0.96%) [Q2]
20% less capital invested
Capital invested by funds: $4.43B [Q1] → $3.54B (-$897M) [Q2]
29% less funds holding in top 10
Funds holding in top 10: 7 [Q1] → 5 (-2) [Q2]
31% less repeat investments, than reductions
Existing positions increased: 96 | Existing positions reduced: 140
37% less call options, than puts
Call options by funds: $105M | Put options by funds: $166M
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
4 analyst ratings
Morgan Stanley Stephen Grambling 50% 1-year accuracy 10 / 20 met price target | 24%upside $74 | Overweight Upgraded | 4 Sept 2024 |
Macquarie Chad Beynon 58% 1-year accuracy 15 / 26 met price target | 14%upside $68 | Neutral Maintained | 26 Jul 2024 |
Stifel Steven Wieczynski 47% 1-year accuracy 16 / 34 met price target | 12%upside $67 | Hold Maintained | 26 Jul 2024 |
Morgan Stanley Stephen Grambling 50% 1-year accuracy 10 / 20 met price target | 11%upside $66 | Equal-Weight Maintained | 12 Jul 2024 |
Financial journalist opinion
Based on 5 articles about BYD published over the past 30 days