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Bally's Corporation (BALY)
NYSE:BALY
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BALY Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$7.28 - $18.00
Previous Close$17.51
Volume72.90K
Average Volume (3M)603.28K
Market Cap
$717.01M
Enterprise Value$5.61B
Total Cash (Recent Filing)$154.73M
Total Debt (Recent Filing)$5.06B
Price to Earnings (P/E)―
Beta1.49
Next Earnings
Oct 31, 2024EPS Estimate
-$0.22Last Dividend Ex-Date
Mar 05, 2020Dividend YieldN/A
Share Statistics
EPS (TTM)-11.12
Shares Outstanding40,632,047
10 Day Avg. Volume640,850
30 Day Avg. Volume603,282
Standard Deviation0.19
R-Squared0.33
Alpha-0.01
Financial Highlights & Ratios
Price to Book (P/B)1.81
Price to Sales (P/S)0.29
Price to Cash Flow (P/CF)3.70
P/FCF Ratio2.40
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.26
Enterprise Value/Gross Profit4.18
Enterprise Value/Ebitda-8.30K
Forecast
1Y Price Target
$17.96Price Target Upside1.81% Upside
Rating ConsensusHold
Number of Analyst Covering8
Bally's Corporation News
Bulls Say, Bears Say
Bulls Say
Expansion And DevelopmentBally's will gain access to $1.335 billion in cash, including $395 million from a sale/leaseback of its KC/Shreveport casinos and $940 million in available construction financing for Bally’s Chicago.
Financing SupportStandard General has obtained a commitment letter providing for $500 million in senior secured first-lien debt financing to support the merger.
Merger AgreementBally's signed a merger agreement with Standard General that essentially represents a cash buyout offer at $18.25 per share.
Bears Say
Financial PerformanceEstimates down post 2Q24 shortfall.
LeverageLease-adjusted leverage will hover around 6.5x through the completion of Chicago, if all goes to plan, making BALY the most levered company in our gaming coverage over that time span.
Operational RiskQuestions still remaining in Las Vegas, and the risk to underlying execution.
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Ownership Overview
29.10% Insiders
7.21% Mutual Funds
49.09% Other Institutional Investors
5.82% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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BALY FAQ
What was Bally's Corporation’s price range in the past 12 months?
Bally's Corporation lowest stock price was $7.28 and its highest was $18.00 in the past 12 months.
What is Bally's Corporation’s market cap?
Currently, no data Available
When is Bally's Corporation’s upcoming earnings report date?
Bally's Corporation’s upcoming earnings report date is Oct 31, 2024 which is in 26 days.
How were Bally's Corporation’s earnings last quarter?
Bally's Corporation released its earnings results on Jul 31, 2024. The company reported -$1.24 earnings per share for the quarter, beating the consensus estimate of -$1.623 by $0.383.
Is Bally's Corporation overvalued?
According to Wall Street analysts Bally's Corporation’s price is currently Undervalued.
Does Bally's Corporation pay dividends?
Bally's Corporation pays a Semiannually dividend of $0.1 which represents an annual dividend yield of N/A. See more information on Bally's Corporation dividends here
What is Bally's Corporation’s EPS estimate?
Bally's Corporation’s EPS estimate is -$0.22.
How many shares outstanding does Bally's Corporation have?
Bally's Corporation has 40,646,540 shares outstanding.
What happened to Bally's Corporation’s price movement after its last earnings report?
Bally's Corporation reported an EPS of -$1.24 in its last earnings report, beating expectations of -$1.623. Following the earnings report the stock price went down -0.522%.
Which hedge fund is a major shareholder of Bally's Corporation?
Among the largest hedge funds holding Bally's Corporation’s share is Standard General L.P.. It holds Bally's Corporation’s shares valued at 127M.
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Bally's Corporation Stock Smart Score
Unlock Smart Score
1
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10
Analyst Consensus
Hold
Average Price Target:
$17.96 (1.81% Upside)
$17.96 (1.81% Upside)
Blogger Sentiment
Bullish
BALY Sentiment 100%
Sector Average 65%
Sector Average 65%
Hedge Fund Trend
Increased
By 1.1M Shares
Last Quarter.
Last Quarter.
Technicals
SMA
Positive
20 days / 200 days
Momentum
52.52%
12-Months-Change
Fundamentals
Return on Equity
-78.14%
Trailing 12-Months
Asset Growth
-2.82%
Trailing 12-Months
Company Description
Bally's Corporation
Twin River Worldwide Holdings, Inc. engages in the ownership, management, and operation of casino hotels. It operates through the following segments: Rhode Island, Biloxi, and Other. The Rhode Island segment consists of the operations of Twin River Casino Hotel and Tiverton Casino Hotel. The Biloxi segment represents Hard Rock Biloxi. The Other segment includes Mile High USA. The company was founded on March 1, 2004 and is headquartered in Lincoln, RI.
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BALY Company Deck
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BALY Earnings Call
Q2 2024
0:00 / 0:00
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BALY Stock 12 Month Forecast
Average Price Target
$17.96
▲(1.81% Upside)
Technical Analysis
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