Boyd Gaming Corporation (BYD) in Focus: Stock Rises 9.9%

Boyd Gaming Corporation (BYD) in Focus: Stock Rises 9.9%

Boyd Gaming Corporation (BYD – Snapshot Report) was a big mover last session, as the company saw its shares rise nearly 10%. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $9.77 to $10.46 since Nov 7.

The company has seen 10 negative revisions in the past 30 days. The Zacks Consensus Estimate also moved lower over the same time frame, signaling trouble down the road. So make sure to keep an eye on this stock going forward to see if the recent move higher lasts.

Boyd Gaming has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.0%.

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Some better-ranked stocks in the gaming industry include Melco Crown Entertainment Ltd (MPEL – Snapshot Report), Galaxy Entertainment Group Ltd (GXYEY), and Century Casinos Inc. (CNTY – Snapshot Report). While Melco Crown and Galaxy Entertainment sport a Zacks Rank #1 (Strong Buy), Century Casinos has a Zacks Rank #2 (Buy).

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