Boyd Gaming Stock Target Price and Analyst Consensus

BYD Stock  USD 82.23  1.25  1.50%   
The current analyst and expert consensus on Boyd Gaming is Strong Buy with 6 hold recommendations. The current projected Boyd Gaming target price consensus is 94.33 with 15 analyst opinions. One of the most common ways Boyd Gaming analysts use to provide buy-or-sell recommendation to the public are conference calls analysis and financial statements evaluations. Some experts can also talk to Boyd Gaming vendors, executives, and/or customers. Boyd Gaming recommendation module provides expert sentiment on the projected Boyd Gaming target price to derive its highest and lowest estimates based on target price standard deviation. Check out Macroaxis Advice on Boyd Gaming to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
For information on how to trade Boyd Stock refer to our How to Trade Boyd Stock guide.
Lowest Forecast
85.84
Highest Forecast
104.71
Target Price
94.33
At present, Boyd Gaming's Pretax Profit Margin is projected to increase slightly based on the last few years of reporting. The current year's Operating Profit Margin is expected to grow to 0.22, whereas Gross Profit Margin is forecasted to decline to 0.37. At present, Boyd Gaming's Retained Earnings are projected to increase significantly based on the last few years of reporting. The current year's Net Receivables is expected to grow to about 195.9 M, whereas Short and Long Term Debt Total is forecasted to decline to about 2.8 B.
It's important to approach Boyd Gaming's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Boyd Gaming price targets

Boyd Gaming's stock target price is an estimate of its future price, usually made by analysts. Using Boyd Gaming's target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Boyd Gaming's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Boyd Gaming's stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Boyd Gaming Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Boyd Gaming is a key component of Boyd Gaming valuation and have some predictive power on the future returns of a Boyd Gaming.
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.
Hype
Prediction
LowEstimatedHigh
80.8482.2383.62
Details
Intrinsic
Valuation
LowRealHigh
81.2882.6784.06
Details
Naive
Forecast
LowNextHigh
80.1881.5682.95
Details
Earnings
Estimates (0)
LowProjected EPSHigh
1.471.962.15
Details

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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 Macroaxis Advice on Boyd Gaming to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
For information on how to trade Boyd Stock refer to our How to Trade Boyd Stock guide.
You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
Please note, the presentation of Boyd Gaming's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Boyd Gaming's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Boyd Gaming's management manipulating its earnings.