Boyd Gaming Corporation (BYD): Today's Featured Leisure Laggard

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model

Boyd Gaming Corporation ( BYD) pushed the Leisure industry lower today making it today's featured Leisure laggard. The industry as a whole was unchanged today. By the end of trading, Boyd Gaming Corporation fell $0.15 (-1.2%) to $12.60 on light volume. Throughout the day, 910,000 shares of Boyd Gaming Corporation exchanged hands as compared to its average daily volume of 2,948,300 shares. The stock ranged in price between $12.28-$12.66 after having opened the day at $12.60 as compared to the previous trading day's close of $12.75. Other companies within the Leisure industry that declined today were: Flanigan's ( BDL), down 3.1%, Caesars Entertainment ( CZR), down 2.7%, Jamba ( JMBA), down 2.6% and BJ's Restaurants ( BJRI), down 2.5%.
  • EXCLUSIVE OFFER: Jim Cramer's Protege, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.

Boyd Gaming Corporation, together with its subsidiaries, operates as a multi-jurisdictional gaming company in the United States. The company operates in five segments: Las Vegas Locals, Downtown Las Vegas, Midwest and South, Peninsula Gaming, and Atlantic City. Boyd Gaming Corporation has a market cap of $1.1 billion and is part of the services sector. Shares are up 88.4% year to date as of the close of trading on Thursday. Currently there are 2 analysts that rate Boyd Gaming Corporation a buy, 5 analysts rate it a sell, and 10 rate it a hold.

TheStreet Ratings rates Boyd Gaming Corporation as a sell. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, poor profit margins and feeble growth in its earnings per share.

On the positive front, Cosi ( COSI), down 3.5%, PokerTek ( PTEK), down 3.3%, Orbitz Worldwide ( OWW), down 2.9% and Scientific Games Corporation ( SGMS), down 2.6%.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the leisure industry could consider PowerShares Dynamic Leisure&Entert ( PEJ) while those bearish on the leisure industry could consider ProShares Ultra Sht Consumer Services ( SCC).

Exclusive Offer: Jim Cramer's 'go-to' small/mid-cap guru Bryan Ashenberg only buys stocks he thinks could return 50-100%. See his top picks for 14-days FREE.
null

If you liked this article you might like

Hurricane Harvey's Impact on This Gambling Outfit in Louisiana Might Be Limited

This Buffett-Backed Company Has Tesla in the Crosshairs

Boyd Gaming Has a Good Hand Right Now

Boyd Gaming Reports Mixed Q4 Results

Boyd And Caesars to Report Q4 Earnings After the Bell