Ballys Corp Stock Buy Hold or Sell Recommendation
| BALY Stock | USD 13.99 0.18 1.27% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Ballys Corp is 'Strong Hold'. Macroaxis provides Ballys Corp buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding BALY positions. The advice algorithm takes into account all of Ballys Corp's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Ballys Corp's buy or sell advice are summarized below:
Real Value 14.72 | Target Price 16.38 | Hype Value 13.97 | Market Value 13.99 | Naive Value 15.12 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Ballys Corp given historical horizon and risk tolerance towards Ballys Corp. When Macroaxis issues a 'buy' or 'sell' recommendation for Ballys Corp, the advice is generated through an automated system that utilizes algorithms and statistical models.
Ballys |
Execute Ballys Corp Buy or Sell Advice
The Ballys recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Ballys Corp. Macroaxis does not own or have any residual interests in Ballys Corp or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Ballys Corp's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Hold
Market Performance | Modest | Details | |
Volatility | Somewhat reliable | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Slowly supersedes the market | Details | |
Investor Sentiment | Interested | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Strong | Details | |
Financial Leverage | Inapplicable | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Ballys Corp Trading Alerts and Improvement Suggestions
| Ballys Corp had very high historical volatility over the last 90 days | |
| The company currently holds 5.07 B in liabilities with Debt to Equity (D/E) ratio of 2.84, implying the company greatly relies on financing operations through barrowing. Ballys Corp has a current ratio of 0.88, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Ballys Corp until it has trouble settling it off, either with new capital or with free cash flow. So, Ballys Corp's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Ballys Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Ballys to invest in growth at high rates of return. When we think about Ballys Corp's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the previous year's revenue of 2.45 B. Net Loss for the year was (187.5 M) with profit before overhead, payroll, taxes, and interest of 1.25 B. | |
| Ballys Corp has a strong financial position based on the latest SEC filings | |
| About 71.0% of Ballys Corp shares are held by institutions such as insurance companies | |
| Latest headline from businesswire.com: Ballys to Report First Quarter 2024 Results on May 1, 2024 |
Ballys Corp Returns Distribution Density
The distribution of Ballys Corp's historical returns is an attempt to chart the uncertainty of Ballys Corp's future price movements. The chart of the probability distribution of Ballys Corp daily returns describes the distribution of returns around its average expected value. We use Ballys Corp price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Ballys Corp returns is essential to provide solid investment advice for Ballys Corp.
| Mean Return | 0.53 | Value At Risk | -4.51 | Potential Upside | 4.88 | Standard Deviation | 4.51 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Ballys Corp historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Ballys Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Ballys Corp is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Ballys Corp backward and forwards among themselves. Ballys Corp's institutional investor refers to the entity that pools money to purchase Ballys Corp's securities or originates loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Citadel Advisors Llc | 2023-09-30 | 334 K | Dimensional Fund Advisors, Inc. | 2023-12-31 | 332.1 K | Group One Trading, Lp | 2023-12-31 | 318.7 K | Aqr Capital Management Llc | 2023-12-31 | 309.4 K | Northern Trust Corp | 2023-12-31 | 257.9 K | Bridgeway Capital Management, Llc | 2023-12-31 | 234.6 K | Jane Street Group, Llc | 2023-12-31 | 231.6 K | Charles Schwab Investment Management Inc | 2023-12-31 | 227.6 K | Bank Of America Corp | 2023-12-31 | 219.6 K | Standard General Lp | 2023-12-31 | 10.6 M | Blackrock Inc | 2023-12-31 | 4.4 M |
Ballys Corp Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | (461K) | 842K | (89K) | 125K | 143.8K | 150.9K | |
| Investments | (38.9M) | (444.8M) | (22.6M) | (302.9M) | (235.7M) | (247.5M) | |
| Change In Cash | 104.1M | (58.9M) | 148.3M | (9.7M) | 50.1M | 31.1M | |
| Net Borrowings | 301.1M | 430.6M | 1.8B | 32.6M | 37.4M | 35.6M | |
| Free Cash Flow | 65.9M | 3.7M | (80.0M) | (34.2M) | (313.6M) | (297.9M) | |
| Depreciation | 33.6M | 38.6M | 144.8M | 300.6M | 350.4M | 367.9M | |
| Other Non Cash Items | 4.7M | 22.5M | 56.4M | 419.1M | 12.5M | 11.8M | |
| Capital Expenditures | 28.2M | 15.8M | 162.7M | 305.2M | 502.2M | 527.3M | |
| Net Income | 55.1M | (5.5M) | (71.8M) | (425.5M) | (187.5M) | (178.1M) | |
| End Period Cash Flow | 185.5M | 126.6M | 274.8M | 265.2M | 315.3M | 193.0M | |
| Change To Netincome | 14.8M | 36.7M | 116.5M | 403.8M | 464.3M | 487.6M |
Ballys Corp Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Ballys Corp or Hotels, Restaurants & Leisure sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Ballys Corp's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Ballys stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | 0.48 | |
β | Beta against NYSE Composite | 0.44 | |
σ | Overall volatility | 4.62 | |
Ir | Information ratio | 0.1 |
Ballys Corp Volatility Alert
Ballys Corp currently demonstrates below-average downside deviation. It has Information Ratio of 0.1 and Jensen Alpha of 0.48. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Ballys Corp's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Ballys Corp's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Ballys Corp Fundamentals Vs Peers
Comparing Ballys Corp's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Ballys Corp's direct or indirect competition across all of the common fundamentals between Ballys Corp and the related equities. This way, we can detect undervalued stocks with similar characteristics as Ballys Corp or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Ballys Corp's fundamental indicators could also be used in its relative valuation, which is a method of valuing Ballys Corp by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Ballys Corp to competition |
| Fundamentals | Ballys Corp | Peer Average |
| Return On Equity | -0.26 | -0.31 |
| Return On Asset | -0.0038 | -0.14 |
| Profit Margin | (0.08) % | (1.27) % |
| Operating Margin | (0.27) % | (5.51) % |
| Current Valuation | 5.49 B | 16.62 B |
| Shares Outstanding | 40.43 M | 571.82 M |
| Shares Owned By Insiders | 15.29 % | 10.09 % |
| Shares Owned By Institutions | 70.91 % | 39.21 % |
| Number Of Shares Shorted | 1.99 M | 4.71 M |
| Price To Earning | 16.26 X | 28.72 X |
| Price To Book | 0.85 X | 9.51 X |
| Price To Sales | 0.22 X | 11.42 X |
| Revenue | 2.45 B | 9.43 B |
| Gross Profit | 1.25 B | 27.38 B |
| EBITDA | 320.43 M | 3.9 B |
| Net Income | (187.5 M) | 570.98 M |
| Cash And Equivalents | 184.19 M | 2.7 B |
| Cash Per Share | 3.85 X | 5.01 X |
| Total Debt | 5.07 B | 5.32 B |
| Debt To Equity | 2.84 % | 48.70 % |
| Current Ratio | 0.90 X | 2.16 X |
| Book Value Per Share | 15.90 X | 1.93 K |
| Cash Flow From Operations | 188.61 M | 971.22 M |
| Short Ratio | 2.60 X | 4.00 X |
| Earnings Per Share | (3.51) X | 3.12 X |
| Target Price | 11.69 | |
| Number Of Employees | 10.5 K | 18.84 K |
| Beta | 2.08 | -0.15 |
| Market Capitalization | 572.84 M | 19.03 B |
| Total Asset | 6.86 B | 29.47 B |
| Retained Earnings | (555.89 M) | 9.33 B |
| Working Capital | (302.44 M) | 1.48 B |
| Net Asset | 6.86 B |
Note: Acquisition by Robeson Reeves of 35713 shares of Ballys Corp subject to Rule 16b-3 [view details]
Ballys Corp Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Ballys . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 17681.21 | |||
| Daily Balance Of Power | (0.31) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 13.89 | |||
| Day Typical Price | 13.92 | |||
| Price Action Indicator | 0.01 | |||
| Period Momentum Indicator | (0.18) | |||
| Relative Strength Index | 58.01 |
About Ballys Corp Buy or Sell Advice
When is the right time to buy or sell Ballys Corp? Buying financial instruments such as Ballys Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.| 2021 | 2022 | 2023 | 2024 (projected) | Other Current Liabilities | 438.6M | 433.4M | 653.0M | 685.7M | Total Assets | 6.6B | 6.3B | 6.9B | 7.2B |
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In addition to having Ballys Corp in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Check out Ballys Corp Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For more information on how to buy Ballys Stock please use our How to Invest in Ballys Corp guide.You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
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When running Ballys Corp's price analysis, check to measure Ballys Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ballys Corp is operating at the current time. Most of Ballys Corp's value examination focuses on studying past and present price action to predict the probability of Ballys Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ballys Corp's price. Additionally, you may evaluate how the addition of Ballys Corp to your portfolios can decrease your overall portfolio volatility.
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Is Ballys Corp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ballys Corp. If investors know Ballys will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ballys Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 107 | Earnings Share (3.51) | Revenue Per Share 45.905 | Quarterly Revenue Growth 0.061 | Return On Assets (0) |
The market value of Ballys Corp is measured differently than its book value, which is the value of Ballys that is recorded on the company's balance sheet. Investors also form their own opinion of Ballys Corp's value that differs from its market value or its book value, called intrinsic value, which is Ballys Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ballys Corp's market value can be influenced by many factors that don't directly affect Ballys Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ballys Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ballys Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ballys Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.