As of December 25, 2020, 01:00 am, USD 42.59 was posted for the Boyd Gaming share on the New York Stock Exchange. Boyd Gaming belongs to the “Casinos and games” segment.
We rate Boyd Gaming in an internal analysis according to the top 8 factors based on current data. This results in a rating of “Buy”, “Hold” or “Sell”. These 8 different individual factors lead to a consolidated overall assessment of the prospects for the stock.
1. Relative Strength Index: The Relative Strength Index, abbreviated as RSI, indexes the movement of stock prices within 7 days by relating upward movements to the number of movements. The standard range is 0-100, Boyd Gaming’s RSI is 50.89, which means that the situation is not considered overbought or sold. This results in a “retention” rating. The RSI25 extends the calculation period to 25 days. The RSI for Boyd Gaming stands at 26.52. This is considered an indicator of an oversold situation to which a “Buy” is assigned. In general, therefore, we assign the rating “Buy” to this category.
2. Investors: Investor sentiment at Boyd Gaming in discussion boards and opinion columns on social media is particularly negative overall. This can be seen in the statements and opinions of the last two weeks, which we have evaluated for you in order to obtain another valuation factor for the stock. It turned out that the discussions of the last few days focused on negative topics in particular, giving the title the overall rating of “Sell.” In our opinion, this translates into a general “sell” for investor confidence.
3. Fundamental: Boyd Gaming’s current price-to-earnings (P / E) ratio is 16.9. Compared to the values of the “Hotels, restaurants and leisure” sector (P / E of 62.61), the proportion is below average (approximately 73 percent). From a fundamental criteria perspective, Boyd Gaming is undervalued and therefore receives a “Buy” rating at this level.
Should Investors Sell Right Now? Or is it worth joining Boyd Gaming?
How will Boyd Gaming develop after the Corona crisis? Is your money safe in this action? The answers to these questions and the reasons why you should act now can be found in the latest Boyd Gaming stock analysis.