Boyd Gaming Corporation (BYD) was a big mover last session, as the company saw its shares rise nearly 11% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the recent trend for the company as the stock is now down 7.77% in the past one-month time frame.
This gaming industry stock witnessed three downward revisions over 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 yesterday’s move higher lasts.
Boyd Gaming Corporation has a Zacks Rank #3 (Hold), while its Earnings ESP is 0.00%.
However, some better ranked stocks from the same sector include Bally Technologies, Inc. (BYI), Galaxy Entertainment Group Limited (GXYEY) and Melco Crown Entertainment Limited (MPEL). All these stocks sport a Zacks Rank #1 (Strong Buy).
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