Ballys Corp Stock Today
| BALY Stock | USD 14.00 0.53 3.93% |
Performance8 of 100
| Odds Of DistressLess than 33
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Ballys Corp is trading at 14.00 as of the 19th of April 2024; that is 3.93 percent increase since the beginning of the trading day. The stock's open price was 13.47. Ballys Corp has about a 33 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Ballys Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of March 2024 and ending today, the 19th of April 2024. Click here to learn more.
Business Domain Consumer Services | IPO Date 29th of March 2019 | Category Consumer Cyclical | Classification Consumer Discretionary |
Ballys Corporation, a gaming, hospitality, and entertainment company, engages in casinos and resorts, and online gaming businesses in the United States. Ballys Corporation was incorporated in 2004 and is headquartered in Providence, Rhode Island. Ballys Corp operates under Resorts Casinos classification in the United States and is traded on New York Stock Exchange. The company has 40.43 M outstanding shares of which 1.99 M shares are currently shorted by private and institutional investors with about 2.6 trading days to cover. More on Ballys Corp
Moving together with Ballys Stock
| 0.79 | BH | Biglari Holdings | PairCorr |
| 0.85 | SG | Sweetgreen Financial Report 2nd of May 2024 | PairCorr |
Moving against Ballys Stock
| 0.85 | GAN | Gan Financial Report 8th of May 2024 | PairCorr |
| 0.85 | NDLS | Noodles Company Financial Report 8th of May 2024 | PairCorr |
| 0.66 | SBUX | Starbucks Financial Report 7th of May 2024 | PairCorr |
| 0.62 | BTBDW | BT Brands Warrant | PairCorr |
| 0.53 | RICK | RCI Hospitality Holdings Financial Report 8th of May 2024 | PairCorr |
| 0.51 | ARKR | Ark Restaurants Corp | PairCorr |
| 0.44 | PTLO | Portillos Financial Report 2nd of May 2024 | PairCorr |
Follow Valuation Options Odds of Bankruptcy
Financial Report 14th of May 2024
Ballys Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Ballys Corp's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Ballys Corp or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | Lee Fenton | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Idea | Casinos (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Hotels, Restaurants & Leisure, Consumer Services, Consumer Discretionary, NYSE Composite, Casinos, Consumer Discretionary, Hotels, Restaurants & Leisure, Resorts & Casinos, Consumer Cyclical (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering Ballys Corp report their recommendations after researching Ballys Corp's financial statements, talking to executives and customers, or listening in on Ballys Corp's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Ballys Corp. The Ballys consensus assessment is calculated by taking the average forecast from all of the analysts covering Ballys Corp. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the analysis of Ballys Corp's profitability, liquidity, and operating efficiency, Ballys Corp is not in a good financial situation at the present time. It has a very high chance of going through financial crunch in May. Financial strength of Ballys Corp is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Ballys Corp's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Ballys Corp's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Ballys Corp's financial leverage. It provides some insight into what part of Ballys Corp's total assets is financed by creditors.
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Ballys Corp (BALY) is traded on New York Stock Exchange in USA. It is located in 100 Westminster Street, Providence, RI, United States, 02903 and employs 10,500 people. Ballys Corp is listed under Hotels, Restaurants & Leisure category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 544.54 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Ballys Corp's market, we take the total number of its shares issued and multiply it by Ballys Corp's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Ballys Corp conducts business under Hotels, Restaurants & Leisure sector and is part of Consumer Discretionary industry. The entity has 40.43 M outstanding shares of which 1.99 M shares are currently shorted by private and institutional investors with about 2.6 trading days to cover.
Ballys Corp currently holds about 184.19 M in cash with 188.61 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.85.
Check Ballys Corp Probability Of Bankruptcy
Ownership AllocationBallys Corp retains a total of 40.43 Million outstanding shares. The majority of Ballys Corp outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Ballys Corp to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Ballys Corp. Please pay attention to any change in the institutional holdings of Ballys Corp as this could imply that something significant has changed or is about to change at the company. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.
Check Ballys Ownership Details
Ballys Stock Price Odds Analysis
Based on a normal probability distribution, the odds of Ballys Corp jumping above the current price in 90 days from now is about 7.86%. The Ballys Corp probability density function shows the probability of Ballys Corp stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 2.1377 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Ballys Corp will likely underperform. Additionally, ballys Corp has an alpha of 0.3722, implying that it can generate a 0.37 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Ballys Corp to move above the current price in 90 days from now is about 7.86 (This Ballys Corp probability density function shows the probability of Ballys Stock to fall within a particular range of prices over 90 days) .
Ballys Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Ballys Corp that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Ballys Corp's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Ballys Corp's value.| Instituion | Recorded On | 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 Historical Income Statement
Ballys Corp Income Statement is one of the three primary financial statements used for reporting Ballys's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Ballys Corp revenue and expense. Ballys Corp Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Ballys Corp's Reconciled Depreciation is fairly stable compared to the past year. Non Recurring is likely to rise to about 560.3 M in 2024, despite the fact that Net Interest Income is likely to grow to (250.9 M). View More FundamentalsBallys Stock Against Markets
Picking the right benchmark for Ballys Corp stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Ballys Corp stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Ballys Corp is critical whether you are bullish or bearish towards Ballys Corp at a given time. Please also check how Ballys Corp's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Ballys Corp without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Ballys Corp Corporate Management
Elected by the shareholders, the Ballys Corp's board of directors comprises two types of representatives: Ballys Corp inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Ballys. The board's role is to monitor Ballys Corp's management team and ensure that shareholders' interests are well served. Ballys Corp's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Ballys Corp's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Charles Diao | Senior Treasurer | Profile | |
| Soohyung Kim | Independent Chairman of the Board | Profile | |
| Kimberly Lee | Executive Officer | Profile | |
| Jim Ryan | Director | Profile |
How to buy Ballys Stock?
Before investing in Ballys Corp, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Ballys Corp. To buy Ballys Corp stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Ballys Corp. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Ballys Corp stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Ballys Corp stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Ballys Corp stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Ballys Corp, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Ballys Stock please use our How to Invest in Ballys Corp guide.
Already Invested in Ballys Corp?
The danger of trading Ballys Corp is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Ballys Corp is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Ballys Corp. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Ballys Corp is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Ballys Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ballys Corp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ballys Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ballys Corp Stock: Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ballys Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. For more information on how to buy Ballys Stock please use our How to Invest in Ballys Corp guide.You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Complementary Tools for Ballys Stock analysis
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.