What are the odds of Ballys Corp to slide in December?

Ballys Corp Share Based Compensation is fairly stable at the moment as compared to the past year. Ballys Corp reported Share Based Compensation of 3.83 Million in 2019. Consolidated Income is likely to rise to about 62.8 M in 2020, whereas Free Cash Flow is likely to drop slightly above 53 M in 2020. Today's article will break down Ballys Corp. We will check if it is still possible for Ballys Corp to minimize net losses this year. Here I will also expose some primary fundamental factors affecting Ballys Corp's services, and outline how it will impact the outlook for investors this year.
Published over a year ago
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Reviewed by Michael Smolkin

Ballys Corp reported the previous year's revenue of 385.12 M. Net Loss for the year was (12.36 M) with profit before overhead, payroll, taxes, and interest of 346.73 M.
The performance of Ballys Corp in the marketplace will significantly impact your decision to invest in its stock. Revenue growth, profitability, competitive positioning, management quality, and industry trends can influence Ballys Corp's stock prices. When investing in Ballys Corp, there are several factors to consider and potential outcomes to expect. As a company performs well, its stock price may increase, allowing investors to benefit from price appreciation. However, Ballys Stock can experience significant price fluctuations due to market conditions, economic factors, industry trends, or company-specific news. This is why investing in stocks such as Ballys Corp carries risks, including the potential for capital loss. Stock prices can decline, and investors may incur losses if they sell shares at a lower price than their initial investment.

How important is Ballys Corp's Liquidity

Ballys Corp financial leverage refers to using borrowed capital as a funding source to finance Ballys Corp ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Ballys Corp financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Financial leverage can amplify the potential profits to Ballys Corp's owners, but it also increases the potential losses and risk of financial distress, including bankruptcy, if the firm cannot cover its debt costs. The degree of Ballys Corp's financial leverage can be measured in several ways, including by ratios such as the debt-to-equity ratio (total debt / total equity), equity multiplier (total assets / total equity), or the debt ratio (total debt / total assets). Please check the breakdown between Ballys Corp's total debt and its cash.

What do experts say about Ballys?

Stock analysis is a method for investors and traders to make buying and selling decisions. By studying and evaluating past and current data, investors and traders attempt to gain an edge in the markets by making informed decisions.
Analysis Consensus

An Additional Perspective On Ballys Corp

Ballys Corp holds a total of thirty million four hundred eighty thousand 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 about to change at the company. Please note that no matter how much assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.

Ownership Breakdown

Retail Investors
6.61%
Institutions
89.49%
Retail Investors6.61
Insiders3.9
Institutions89.49

Ballys may start a relapse in December

The treynor ratio is down to -44.73 as of today. Ballys Corp is displaying above-average volatility over the selected time horizon. Investors should scrutinize Ballys Corp independently to ensure intended market timing strategies are aligned with expectations about Ballys Corp volatility.

The Bottom Line

While other entities within the resorts & casinos industry are still a little expensive, even after the recent corrections, Ballys Corp may offer a potential longer-term growth to investors. On the whole, as of the 21st of November 2020, our latest 30 days recommendation on the company is Buy. However, we believe Ballys Corp is currently overvalued with low chance of distress for the next two years.

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Editorial Staff

This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Rifka Kats do not own shares of Ballys Corp. Please refer to our Terms of Use for any information regarding our disclosure principles.

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