Boyd Gaming (BYD) invests in property upgrades and renovations across its portfolio to drive long-term growth. However, inflationary pressures are a concern.
Penn Entertainment Inc (NASDAQ: PENN) is up nearly 10% on Thursday following a report that Boyd Gaming Corporation (NYSE: BYD) is interested in buying the sports content and gambling company. Penn stock is still down some 20% versus the start of 2024.
As the EU ponders over imposing tariffs on China's EVs, the stakes are quite high. China needs the EU market amid domestic challenges, while Europe's auto sector relies on Chinese sales and partnerships.
Boyd Gaming (BYD) benefits from organic and inorganic expansion strategies along with its focus on online betting and Las Vegas markets. Yet, high costs and intense competition hinder prospects.
Boyd Group Services Inc. (TSE:BYD – Free Report) – Stock analysts at National Bank Financial issued their Q2 2024 earnings estimates for Boyd Group Services in a research note issued to investors on Wednesday, May 15th. National Bank Financial analyst Z. Evershed anticipates that the company will post earnings of $0.69 per share for the quarter. National Bank Financial has a “Strong-Buy” rating on the stock. The consensus estimate for Boyd Group Services’ current full-year earnings is $6.50 per share. National Bank Financial also issued estimates for Boyd Group Services’ FY2024 earnings at $4.76 EPS and FY2025 earnings at $10.11 EPS. A number of other equities analysts have also weighed in on the stock. Desjardins raised shares of Boyd Group Services from a “hold” rating to a “moderate buy” rating in a research report on Wednesday, May 15th. CIBC cut their price objective on shares of Boyd Group Services from C$304.00 to C$290.00 and set an “outperform” rating for the company in a research report on Thursday. Jefferies Financial Group cut their price objective on shares of Boyd Group Services from C$340.00 to C$325.00 and set a “buy” rating for the company in a research report on Thursday. TD Securities cut their price objective on shares of Boyd Group Services from C$310.00 to C$296.00 and set a “buy” rating for the company in a research report on Thursday. Finally, Scotiabank cut their price objective on shares of Boyd Group Services from C$325.00 to C$275.00 and set an “outperform” rating for the company in a research report on Thursday. One equities research analyst has rated the stock with a sell rating, nine have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Boyd Group Services has an average rating of “Buy” and a consensus price target of C$301.85. View Our Latest Stock Report on Boyd Group Services Boyd Group Services Stock Performance Shares of BYD opened at C$234.01 on Monday. The company has a 50-day moving average of C$276.38 and a two-hundred day moving average of C$278.59. The company has a current ratio of 0.63, a quick ratio of 0.30 and a debt-to-equity ratio of 137.26. The stock has a market cap of C$5.02 billion, a P/E ratio of 42.39, a PEG ratio of -56.72 and a beta of 1.08. Boyd Group Services has a 12-month low of C$228.56 and a 12-month high of C$324.75. Boyd Group Services (TSE:BYD – Get Free Report) last announced its earnings results on Wednesday, March 20th. The company reported C$1.27 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C$1.50 by C($0.23). The business had revenue of C$1.01 billion for the quarter, compared to analyst estimates of C$1.01 billion. Boyd Group Services had a return on equity of 11.00% and a net margin of 2.94%. Boyd Group Services Announces Dividend The business also recently disclosed a quarterly dividend, which was paid on Friday, April 26th. Shareholders of record on Sunday, March 31st were paid a dividend of $0.15 per share. The ex-dividend date of this dividend was Wednesday, March 27th. This represents a $0.60 dividend on an annualized basis and a yield of 0.26%. Boyd Group Services’s dividend payout ratio (DPR) is 10.87%. Boyd Group Services Company Profile (Get Free Report) Boyd Group Services Inc, together with its subsidiaries, operates non-franchised collision repair centers in North America. The company operates its locations under the Boyd Autobody & Glass and Assured Automotive names in Canada; and Gerber Collision & Glass name in the United States. It also operates as a retail auto glass operator under the Gerber Collision & Glass, Glass America, Auto Glass Service, Auto Glass Authority, and Autoglassonly.com names in the United States.
Boyd Group Services Inc. (TSE:BYD – Free Report) – Stock analysts at Cormark reduced their Q2 2024 earnings per share (EPS) estimates for shares of Boyd Group Services in a research report issued on Thursday, May 16th. Cormark analyst J. Fenwick now forecasts that the company will post earnings of $0.61 per share for the quarter, down from their previous forecast of $1.84. The consensus estimate for Boyd Group Services’ current full-year earnings is $6.50 per share. Cormark also issued estimates for Boyd Group Services’ Q3 2024 earnings at $0.84 EPS, Q4 2024 earnings at $0.75 EPS, FY2024 earnings at $2.80 EPS and FY2025 earnings at $9.28 EPS. Boyd Group Services (TSE:BYD – Get Free Report) last announced its quarterly earnings results on Wednesday, March 20th. The company reported C$1.27 earnings per share for the quarter, missing the consensus estimate of C$1.50 by C($0.23). Boyd Group Services had a net margin of 2.94% and a return on equity of 11.00%. The business had revenue of C$1.01 billion during the quarter, compared to analysts’ expectations of C$1.01 billion. Several other research firms have also commented on BYD. Jefferies Financial Group cut their price objective on Boyd Group Services from C$340.00 to C$325.00 and set a “buy” rating for the company in a research note on Thursday. CIBC cut their price objective on Boyd Group Services from C$304.00 to C$290.00 and set an “outperform” rating for the company in a research note on Thursday. Royal Bank of Canada cut their price objective on Boyd Group Services from C$337.00 to C$308.00 and set an “outperform” rating for the company in a research note on Thursday. Desjardins upgraded Boyd Group Services from a “hold” rating to a “moderate buy” rating in a research note on Wednesday, May 15th. Finally, National Bank Financial upgraded Boyd Group Services from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, May 15th. One equities research analyst has rated the stock with a sell rating, nine have assigned a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average target price of C$301.85. Get Our Latest Analysis on Boyd Group Services Boyd Group Services Price Performance Shares of Boyd Group Services stock opened at C$234.01 on Monday. The company has a quick ratio of 0.30, a current ratio of 0.63 and a debt-to-equity ratio of 137.26. Boyd Group Services has a twelve month low of C$228.56 and a twelve month high of C$324.75. The business has a 50-day moving average price of C$276.38 and a 200 day moving average price of C$278.59. The firm has a market cap of C$5.02 billion, a PE ratio of 42.39, a P/E/G ratio of -56.72 and a beta of 1.08. Boyd Group Services Announces Dividend The company also recently declared a quarterly dividend, which was paid on Friday, April 26th. Shareholders of record on Sunday, March 31st were paid a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 0.26%. The ex-dividend date of this dividend was Wednesday, March 27th. Boyd Group Services’s dividend payout ratio (DPR) is 10.87%. Boyd Group Services Company Profile (Get Free Report) Boyd Group Services Inc, together with its subsidiaries, operates non-franchised collision repair centers in North America. The company operates its locations under the Boyd Autobody & Glass and Assured Automotive names in Canada; and Gerber Collision & Glass name in the United States. It also operates as a retail auto glass operator under the Gerber Collision & Glass, Glass America, Auto Glass Service, Auto Glass Authority, and Autoglassonly.com names in the United States.
Boyd Group Services Inc. (TSE:BYD – Free Report) – Analysts at Atb Cap Markets cut their Q2 2024 earnings per share estimates for Boyd Group Services in a note issued to investors on Wednesday, May 15th. Atb Cap Markets analyst C. Murray now anticipates that the company will post earnings of $0.86 per share for the quarter, down from their previous estimate of $1.34. The consensus estimate for Boyd Group Services’ current full-year earnings is $6.50 per share. Atb Cap Markets also issued estimates for Boyd Group Services’ Q3 2024 earnings at $1.65 EPS, Q1 2025 earnings at $2.16 EPS, Q3 2025 earnings at $2.37 EPS and FY2025 earnings at $9.33 EPS. BYD has been the subject of several other reports. Royal Bank of Canada lowered their price objective on shares of Boyd Group Services from C$337.00 to C$308.00 and set an “outperform” rating for the company in a research report on Thursday. Stifel Nicolaus lowered their price objective on shares of Boyd Group Services from C$335.00 to C$305.00 in a research report on Friday. TD Securities lowered their price objective on shares of Boyd Group Services from C$310.00 to C$296.00 and set a “buy” rating for the company in a research report on Thursday. National Bankshares upgraded shares of Boyd Group Services from a “hold” rating to a “buy” rating and lowered their price objective for the company from C$310.00 to C$290.00 in a research report on Thursday. Finally, ATB Capital lowered their price objective on shares of Boyd Group Services from C$345.00 to C$340.00 and set an “outperform” rating for the company in a research report on Thursday. One analyst has rated the stock with a sell rating, nine have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Buy” and an average price target of C$301.85. Get Our Latest Stock Report on BYD Boyd Group Services Trading Down 0.6 % Shares of BYD stock opened at C$234.01 on Monday. The company has a current ratio of 0.63, a quick ratio of 0.30 and a debt-to-equity ratio of 137.26. The stock has a market cap of C$5.02 billion, a P/E ratio of 42.39, a price-to-earnings-growth ratio of -56.72 and a beta of 1.08. The stock has a 50 day simple moving average of C$276.38 and a 200 day simple moving average of C$278.59. Boyd Group Services has a 1 year low of C$228.56 and a 1 year high of C$324.75. Boyd Group Services (TSE:BYD – Get Free Report) last issued its quarterly earnings results on Wednesday, March 20th. The company reported C$1.27 earnings per share (EPS) for the quarter, missing the consensus estimate of C$1.50 by C($0.23). The company had revenue of C$1.01 billion during the quarter, compared to the consensus estimate of C$1.01 billion. Boyd Group Services had a net margin of 2.94% and a return on equity of 11.00%. Boyd Group Services Dividend Announcement The business also recently disclosed a quarterly dividend, which was paid on Friday, April 26th. Investors of record on Sunday, March 31st were issued a $0.15 dividend. The ex-dividend date was Wednesday, March 27th. This represents a $0.60 dividend on an annualized basis and a yield of 0.26%. Boyd Group Services’s payout ratio is 10.87%. About Boyd Group Services (Get Free Report) Boyd Group Services Inc, together with its subsidiaries, operates non-franchised collision repair centers in North America. The company operates its locations under the Boyd Autobody & Glass and Assured Automotive names in Canada; and Gerber Collision & Glass name in the United States. It also operates as a retail auto glass operator under the Gerber Collision & Glass, Glass America, Auto Glass Service, Auto Glass Authority, and Autoglassonly.com names in the United States.
Boyd Group Services Inc. (TSE:BYD – Free Report) – Research analysts at Raymond James reduced their Q2 2024 earnings per share estimates for shares of Boyd Group Services in a report released on Thursday, May 16th. Raymond James analyst S. Hansen now expects that the company will earn $0.99 per share for the quarter, down from their previous forecast of $1.80. Raymond James currently has a “Strong-Buy” rating and a $350.00 price target on the stock. The consensus estimate for Boyd Group Services’ current full-year earnings is $6.50 per share. Raymond James also issued estimates for Boyd Group Services’ Q3 2024 earnings at $1.44 EPS, Q4 2024 earnings at $1.71 EPS, FY2024 earnings at $4.75 EPS and FY2025 earnings at $10.04 EPS. Several other equities research analysts have also commented on BYD. Royal Bank of Canada cut their target price on Boyd Group Services from C$337.00 to C$308.00 and set an “outperform” rating on the stock in a research report on Thursday. Scotiabank cut their price target on Boyd Group Services from C$325.00 to C$275.00 and set an “outperform” rating on the stock in a report on Thursday. CIBC cut their price target on Boyd Group Services from C$304.00 to C$290.00 and set an “outperform” rating on the stock in a report on Thursday. BMO Capital Markets cut their price target on Boyd Group Services from C$330.00 to C$310.00 in a report on Wednesday, May 8th. Finally, ATB Capital cut their price target on Boyd Group Services from C$345.00 to C$340.00 and set an “outperform” rating on the stock in a report on Thursday. One analyst has rated the stock with a sell rating, nine have assigned a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat.com, Boyd Group Services presently has an average rating of “Buy” and a consensus price target of C$301.85. Get Our Latest Analysis on BYD Boyd Group Services Stock Down 0.6 % Shares of Boyd Group Services stock opened at C$234.01 on Monday. Boyd Group Services has a one year low of C$228.56 and a one year high of C$324.75. The company has a debt-to-equity ratio of 137.26, a current ratio of 0.63 and a quick ratio of 0.30. The stock’s 50-day moving average is C$276.38 and its 200 day moving average is C$278.59. The firm has a market cap of C$5.02 billion, a price-to-earnings ratio of 42.39, a PEG ratio of -56.72 and a beta of 1.08. Boyd Group Services (TSE:BYD – Get Free Report) last announced its earnings results on Wednesday, March 20th. The company reported C$1.27 EPS for the quarter, missing the consensus estimate of C$1.50 by C($0.23). Boyd Group Services had a net margin of 2.94% and a return on equity of 11.00%. The business had revenue of C$1.01 billion for the quarter, compared to the consensus estimate of C$1.01 billion. Boyd Group Services Announces Dividend The business also recently announced a quarterly dividend, which was paid on Friday, April 26th. Stockholders of record on Sunday, March 31st were issued a $0.15 dividend. The ex-dividend date of this dividend was Wednesday, March 27th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.26%. Boyd Group Services’s dividend payout ratio is presently 10.87%. Boyd Group Services Company Profile (Get Free Report) Boyd Group Services Inc, together with its subsidiaries, operates non-franchised collision repair centers in North America. The company operates its locations under the Boyd Autobody & Glass and Assured Automotive names in Canada; and Gerber Collision & Glass name in the United States. It also operates as a retail auto glass operator under the Gerber Collision & Glass, Glass America, Auto Glass Service, Auto Glass Authority, and Autoglassonly.com names in the United States.