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Bally's Corporation (BALY) Stock Forecast & Price Prediction

Live BALY Stock Price & Analysis

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$18.24

+0.03 (0.16%)

12 Month Price Forecast For BALY

$18.24
Current Price
$741.76M
Market Cap
6 Ratings
Buy 0
Hold 6
Sell 0
Wall St Analyst Ratings

Distance to BALY Price Forecasts

+0.1%
To High Target of $18.25
+0.1%
To Median Target of $18.25
-6.8%
To Low Target of $17.00

BALY Price Momentum

+0.1%
1 Week Change
+1.8%
1 Month Change
+68.3%
1 Year Change
+2.0%
Year-to-Date Change
-0.8%
From 52W High of $18.38
+87.3%
From 52W Low of $9.74

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Disclaimer: The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.

Data last updated: February 6, 2025 11:31 AM UTC

BALY Analyst Ratings & Price Targets

Based on our analysis of 11 Wall Street analysts, BALY has a consensus that is neutral. The median price target is $18.25, with forecasts ranging from $17.00 to $18.25. Currently, there are 0 Buy ratings, 6 Hold ratings, and 0 Sell ratings.

With BALY currently trading at $18.24, the median price forecast suggests a 0.1% upside. The most optimistic forecast comes from Jeffrey Stantial at Stifel, projecting a 0.1% upside, while David Katz at Jefferies provides the most conservative target, suggesting a -6.8% downside.

Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.

BALY Analyst Consensus

0
Buy
6
Hold
0
Sell

BALY Price Target Range

Low
$17.00
Average
$18.25
High
$18.25
Current: $18.24

Latest BALY Stock Forecasts by Analyst

These are the latest 20 analyst ratings and price targets for BALY.

Date Firm Analyst Rating Change Price Target
Aug 2, 2024 Jefferies David Katz Buy Maintains $17.00
Aug 1, 2024 Stifel Jeffrey Stantial Hold Maintains $18.25
Aug 1, 2024 Barclays Brandt Montour Equal-Weight Maintains $18.00
Jul 29, 2024 Wells Fargo Daniel Politzer Equal-Weight Upgrade $18.25
Jul 26, 2024 Truist Securities Barry Jonas Hold Downgrade $18.25
Jul 26, 2024 TD Cowen Lance Vitanza Hold Downgrade $18.25
Jul 15, 2024 JMP Securities Jordan Bender Market Perform Reiterates $0.00
Jul 15, 2024 Wells Fargo Daniel Politzer Underweight Maintains $11.00
May 2, 2024 Stifel Jeffrey Stantial Hold Maintains $14.00
Apr 23, 2024 Truist Securities Barry Jonas Buy Maintains $16.00
Feb 22, 2024 Stifel Jeffrey Stantial Hold Maintains $11.00
Jan 17, 2024 Macquarie Jordan Bender Neutral Downgrade $12.00
Jan 5, 2024 Wells Fargo Daniel Politzer Underweight Downgrade $10.00
Nov 3, 2023 Truist Securities Barry Jonas Buy Maintains $13.00
Nov 2, 2023 Barclays Brandt Montour Equal-Weight Maintains $10.00
Oct 31, 2023 Stifel Jeffrey Stantial Hold Maintains $10.00
Oct 18, 2023 Truist Securities Barry Jonas Buy Maintains $16.00
Aug 16, 2023 TD Cowen Lance Vitanza Outperform Maintains $30.00
Aug 4, 2023 Barclays Equal-Weight Maintains $0.00
Jun 27, 2023 Truist Securities Barry Jonas Buy Reiterates $23.00

Stocks Similar to Bally's Corporation

The following stocks are similar to Bally's based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.

Bally's Corporation (BALY) Financial Data

Bally's Corporation has a market capitalization of $741.76M with a P/E ratio of -5.6x. The company generates $2.48B in trailing twelve-month revenue with a -30.6% profit margin.

Revenue growth is -0.4% quarter-over-quarter, while maintaining an operating margin of -0.2% and return on equity of -134.5%.

Valuation Metrics

Market Cap $741.76M
Enterprise Value $5.64B
P/E Ratio -5.6x
PEG Ratio -8.3x
Price/Sales 0.3x

Growth & Margins

Revenue Growth (YoY) -0.4%
Gross Margin +54.6%
Operating Margin -0.2%
Net Margin -30.6%
EPS Growth -0.4%

Financial Health

Cash/Price Ratio +25.7%
Current Ratio 0.6x
Debt/Equity 2,177.4x
ROE -134.5%
ROA -1.0%

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Bally's Corporation logo

Bally's Corporation (BALY) Company Overview

About Bally's Corporation

What They Do

Operates casinos and entertainment venues.

Business Model

Bally's Corporation generates revenue through its ownership and management of casinos, including gaming operations such as slot machines and table games. The company also earns income from its sports betting platform, Bally Bet, and its iCasino platform, Bally Casino. Additional revenue streams come from hotel accommodations and rights to developable land.

Additional Information

Bally's operates 15 casinos across 10 U.S. states and has a presence in the UK. It has access to sports betting licenses in 18 states and is involved in interactive gaming. The company was rebranded from Twin River Worldwide Holdings, Inc. in 2020 and has been expanding its operations since its incorporation in 2004.

Company Information

Sector

Consumer Cyclical

Industry

Resorts & Casinos

Employees

10,600

CEO

Mr. Robeson Mandela Reeves

Country

United States

IPO Year

2020

Bally's Corporation (BALY) Latest News & Analysis

BALY stock latest news image
Quick Summary

Bally's (BALY) has shown strong recent momentum and is considered a good investment option as it meets criteria for being a bargain stock.

Why It Matters

Bally's (BALY) shows strong momentum and is attractively priced, indicating potential for growth, making it a compelling option for value-focused investors.

Source: Zacks Investment Research
Market Sentiment: Positive
BALY stock latest news image
Quick Summary

Bally's Corporation announced the completion of the second election period for common stock holders to submit a Rolling Share Election related to its merger agreement dated July 25, 2024.

Why It Matters

Bally's Corporation's announcement of a Rolling Share Election signals ongoing changes in ownership structure, which could impact stock valuation and investor sentiment during the merger process.

Source: Business Wire
Market Sentiment: Neutral
BALY stock latest news image
Quick Summary

Bally's Corporation completed a $395 million sale lease-back of its Kansas City and Shreveport properties to Gaming and Leisure Properties, with $388 million in cash and $7 million in LP units.

Why It Matters

Bally's $395 million sale lease-back enhances liquidity and reduces debt, potentially improving financial stability and offering growth opportunities, impacting stock performance positively.

Source: Business Wire
Market Sentiment: Neutral
BALY stock latest news image
Quick Summary

Bally's Corporation announced a new election period for common stockholders to submit a Rolling Share Election, allowing shares to remain outstanding post-merger as per the July 25, 2024 agreement.

Why It Matters

The opening of a new election period for Bally's shareholders signals potential changes in stock structure post-merger, which can impact share value and investor decisions.

Source: Business Wire
Market Sentiment: Neutral
BALY stock latest news image
Quick Summary

BALY, ENPH, and ICLR have been assigned a Zacks Rank #5 (Strong Sell) as of December 10, 2024.

Why It Matters

The addition of BALY, ENPH, and ICLR to the Zacks Rank #5 list signals potential underperformance, prompting investors to reassess their positions in these stocks.

Source: Zacks Investment Research
Market Sentiment: Negative
BALY stock latest news image
Quick Summary

BALY, BAX, and CENTA have been assigned a Zacks Rank #5 (Strong Sell) as of November 29, 2024.

Why It Matters

The addition of BALY, BAX, and CENTA to the Zacks Rank #5 (Strong Sell) indicates potential underperformance, signaling investors to reconsider or adjust their positions in these stocks.

Source: Zacks Investment Research
Market Sentiment: Negative

Frequently Asked Questions About BALY Stock

What is Bally's Corporation's (BALY) stock forecast for 2025?

Based on our analysis of 11 Wall Street analysts, Bally's Corporation (BALY) has a median price target of $18.25. The highest price target is $18.25 and the lowest is $17.00.

Is BALY stock a good investment in 2025?

According to current analyst ratings, BALY has 0 Buy ratings, 6 Hold ratings, and 0 Sell ratings. The stock is currently trading at $18.24. Always conduct your own research and consider your investment goals before making investment decisions.

What is the price prediction for BALY stock?

Wall Street analysts predict BALY stock could reach $18.25 in the next 12 months. This represents a 0.1% increase from the current price of $18.24. Please note that this is a projection by Wall Street analysts and not a guarantee.

What is Bally's Corporation's business model?

Bally's Corporation generates revenue through its ownership and management of casinos, including gaming operations such as slot machines and table games. The company also earns income from its sports betting platform, Bally Bet, and its iCasino platform, Bally Casino. Additional revenue streams come from hotel accommodations and rights to developable land.

What is the highest forecasted price for BALY Bally's Corporation?

The highest price target for BALY is $18.25 from Jeffrey Stantial at Stifel, which represents a 0.1% increase from the current price of $18.24.

What is the lowest forecasted price for BALY Bally's Corporation?

The lowest price target for BALY is $17.00 from David Katz at Jefferies, which represents a -6.8% decrease from the current price of $18.24.

What is the overall BALY consensus from analysts for Bally's Corporation?

The overall analyst consensus for BALY is neutral. Out of 11 Wall Street analysts, 0 rate it as Buy, 6 as Hold, and 0 as Sell, with a median price target of $18.25.

How accurate are BALY stock price projections?

Stock price projections, including those for Bally's Corporation, are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.