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

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 higher today making it today's featured leisure winner. The industry as a whole closed the day down 0.7%. By the end of trading, Boyd Gaming Corporation rose $0.14 (1.2%) to $11.88 on light volume. Throughout the day, 1,342,227 shares of Boyd Gaming Corporation exchanged hands as compared to its average daily volume of 2,628,500 shares. The stock ranged in a price between $11.71-$12.07 after having opened the day at $11.72 as compared to the previous trading day's close of $11.74. Other companies within the Leisure industry that increased today were: Famous Dave's of America ( DAVE), up 6.2%, Chanticleer Holdings ( HOTR), up 4.4%, Carrols Restaurant Group ( TAST), up 3.4% and Nevada Gold & Casinos ( UWN), up 1.9%.
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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 $1.0 billion and is part of the services sector. Shares are up 76.8% year to date as of the close of trading on Tuesday. 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 hold. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, generally higher debt management risk and disappointing return on equity.

On the negative front, Isle of Capri Casinos ( ISLE), down 3.6%, International Speedway Corporation ( ISCA), down 3.6%, Caesars Entertainment ( CZR), down 3.5% and Pizza Inn Holdings ( PZZI), down 3.4% , were all laggards within the leisure industry with Las Vegas Sands ( LVS) being today's leisure industry laggard.

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).

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