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

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

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 up 0.2%. By the end of trading, Boyd Gaming Corporation rose $0.45 (3.9%) to $12.14 on heavy volume. Throughout the day, 4,965,723 shares of Boyd Gaming Corporation exchanged hands as compared to its average daily volume of 3,222,600 shares. The stock ranged in a price between $11.66-$12.31 after having opened the day at $11.69 as compared to the previous trading day's close of $11.69. Other companies within the Leisure industry that increased today were: Empire Resorts ( NYNY), up 14.1%, SFX Entertainment ( SFXE), up 6.1%, Pinnacle Entertainment ( PNK), up 5.6% and Lakes Entertainment ( LACO), up 5.5%.

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, and Borgata. Boyd Gaming Corporation has a market cap of $1.3 billion and is part of the services sector. Shares are up 3.8% year to date as of the close of trading on Thursday. Currently there are 3 analysts that rate Boyd Gaming Corporation a buy, 3 analysts rate it a sell, and 9 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 impressive record of earnings per share growth. However, as a counter to these strengths, we find that the company has favored debt over equity in the management of its balance sheet.

On the negative front, Cosi ( COSI), down 5.0%, Chanticleer Holdings ( HOTR), down 3.0%, PokerTek ( PTEK), down 2.8% and Carrols Restaurant Group ( TAST), down 2.6% , were all laggards within the leisure industry with Melco Crown Entertainment ( MPEL) 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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