Is Ballys Corp Stock a Good Investment?
Ballys Corp Investment Advice | BALY |
- Examine Ballys Corp's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Ballys Corp's leadership team and their track record. Good management can help Ballys Corp navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Hotels, Restaurants & Leisure space and any emerging trends that could impact Ballys Corp's business and its evolving consumer preferences.
- Compare Ballys Corp's performance and market position to its competitors. Analyze how Ballys Corp is positioned in terms of product offerings, innovation, and market share.
- Check if Ballys Corp pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Ballys Corp's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Ballys Corp stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that 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. Below is a detailed guide on how to decide if Ballys Corp is a good investment.
Sell | Buy |
Sell
Market Performance | Good | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Barely shadows the market | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Hold | Details | |
Financial Strenth (F Score) | Strong | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Ballys Corp Stock
Researching Ballys Corp's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 15.0% of the company shares are held by company insiders. The book value of Ballys Corp was currently reported as 5.74. The company recorded a loss per share of 15.15. Ballys Corp last dividend was issued on the 5th of March 2020.
To determine if Ballys Corp is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Ballys Corp's research are outlined below:
| Ballys Corp 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. Note, when we think about Ballys Corp's use of debt, we should always consider it together with its 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 68.0% of Ballys Corp shares are held by institutions such as insurance companies | |
| Latest headline from finance.yahoo.com: BALY Receives Shareholders Nod for the Queen Casino Buyout |
Ballys Corp Quarterly Accounts Payable |
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Ballys Corp uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Ballys Corp. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Ballys Corp's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 22nd of February 2024 Upcoming Quarterly Report | View | |
| 14th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 22nd of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Earnings surprises can significantly impact Ballys Corp's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Ballys Corp's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2020-10-29 | 2020-09-30 | 0.19 | 0.22 | 0.03 | 15 | ||
2021-05-10 | 2021-03-31 | 0.34 | 0.28 | -0.06 | 17 | ||
2019-08-12 | 2019-06-30 | 0.55 | 0.48 | -0.07 | 12 | ||
2019-05-14 | 2019-03-31 | 0.53 | 0.46 | -0.07 | 13 | ||
2019-11-14 | 2019-09-30 | 0.32 | 0.18 | -0.14 | 43 | ||
2024-07-31 | 2024-06-30 | -1.43 | -1.24 | 0.19 | 13 | ||
2022-05-05 | 2022-03-31 | -0.19 | 0.03 | 0.22 | 115 | ||
2021-08-09 | 2021-06-30 | 0.5 | 0.27 | -0.23 | 46 |
Know Ballys Corp's Top 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 originate 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 | Healthcare Of Ontario Pension Plan Trust Fund | 2024-09-30 | 424.7 K | New York Life Investment Management Llc | 2024-09-30 | 421.2 K | Gabelli Funds Llc | 2024-09-30 | 344.1 K | Dimensional Fund Advisors, Inc. | 2024-09-30 | 332.9 K | Glazer Capital, Llc | 2024-09-30 | 253.3 K | Bridgeway Capital Management, Llc | 2024-09-30 | 249 K | Northern Trust Corp | 2024-09-30 | 205.5 K | Morgan Stanley - Brokerage Accounts | 2024-06-30 | 205 K | Centiva Capital Lp | 2024-09-30 | 202.2 K | Standard General Lp | 2024-09-30 | 10.6 M | Blackrock Inc | 2024-06-30 | 2 M |
Ballys Corp's market capitalization trends
The company currently falls under 'Small-Cap' category with a current market capitalization of 722.24 M.Market Cap |
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Ballys Corp's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.06) | (0.06) | |
| Return On Capital Employed | 0.02 | 0.02 | |
| Return On Assets | (0.03) | (0.03) | |
| Return On Equity | (0.30) | (0.28) |
Determining Ballys Corp's profitability involves analyzing its financial statements and using various financial metrics to determine if Ballys Corp is a good buy. For example, gross profit margin measures Ballys Corp's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Ballys Corp's profitability and make more informed investment decisions.
Please note, the imprecision that can be found in Ballys Corp's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Ballys Corp. Check Ballys Corp's Beneish M Score to see the likelihood of Ballys Corp's management manipulating its earnings.
Evaluate Ballys Corp's management efficiency
Ballys Corp has return on total asset (ROA) of (0.0103) % which means that it has lost $0.0103 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (1.3447) %, meaning that it created substantial loss on money invested by shareholders. Ballys Corp's management efficiency ratios could be used to measure how well Ballys Corp manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to rise to -0.06 in 2024. Return On Capital Employed is likely to drop to 0.02 in 2024. At this time, Ballys Corp's Total Assets are fairly stable compared to the past year. Non Current Assets Total is likely to rise to about 6.6 B in 2024, despite the fact that Net Tangible Assets are likely to grow to (2.5 B).| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 11.92 | 9.04 | |
| Tangible Book Value Per Share | (59.44) | (56.47) | |
| Enterprise Value Over EBITDA | 12.77 | 12.13 | |
| Price Book Value Ratio | 1.17 | 1.11 | |
| Enterprise Value Multiple | 12.77 | 12.13 | |
| Price Fair Value | 1.17 | 1.11 | |
| Enterprise Value | 5.6 B | 5.9 B |
The decision-making processes within Ballys Corp are key to its success in a competitive market. By evaluating these processes, we assess the stock's potential for future gains.
Beta 2.078 |
Basic technical analysis of Ballys Stock
As of the 1st of December, Ballys Corp shows the Mean Deviation of 0.2276, risk adjusted performance of 0.1367, and Coefficient Of Variation of 499.14. Ballys Corp technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices.Ballys Corp's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Ballys Corp insiders, such as employees or executives, is commonly permitted as long as it does not rely on Ballys Corp's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Ballys Corp insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Ballys Corp's Outstanding Corporate Bonds
Ballys Corp issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Ballys Corp uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Ballys bonds can be classified according to their maturity, which is the date when Ballys Corp has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
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| HSBC Holdings PLC Corp BondUS404280DR76 | View | |
| MPLX LP 52 Corp BondUS55336VAL45 | View | |
| Morgan Stanley 3591 Corp BondUS61744YAK47 | View |
Understand Ballys Corp's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Ballys Corp's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.1367 | |||
| Market Risk Adjusted Performance | 0.3726 | |||
| Mean Deviation | 0.2276 | |||
| Downside Deviation | 0.2557 | |||
| Coefficient Of Variation | 499.14 | |||
| Standard Deviation | 0.289 | |||
| Variance | 0.0835 | |||
| Information Ratio | (0.28) | |||
| Jensen Alpha | 0.031 | |||
| Total Risk Alpha | (0.0003) | |||
| Sortino Ratio | (0.31) | |||
| Treynor Ratio | 0.3626 | |||
| Maximum Drawdown | 1.32 | |||
| Value At Risk | (0.40) | |||
| Potential Upside | 0.5226 | |||
| Downside Variance | 0.0654 | |||
| Semi Variance | (0.02) | |||
| Expected Short fall | (0.32) | |||
| Skewness | 0.5164 | |||
| Kurtosis | 0.3205 |
| Risk Adjusted Performance | 0.1367 | |||
| Market Risk Adjusted Performance | 0.3726 | |||
| Mean Deviation | 0.2276 | |||
| Downside Deviation | 0.2557 | |||
| Coefficient Of Variation | 499.14 | |||
| Standard Deviation | 0.289 | |||
| Variance | 0.0835 | |||
| Information Ratio | (0.28) | |||
| Jensen Alpha | 0.031 | |||
| Total Risk Alpha | (0.0003) | |||
| Sortino Ratio | (0.31) | |||
| Treynor Ratio | 0.3626 | |||
| Maximum Drawdown | 1.32 | |||
| Value At Risk | (0.40) | |||
| Potential Upside | 0.5226 | |||
| Downside Variance | 0.0654 | |||
| Semi Variance | (0.02) | |||
| Expected Short fall | (0.32) | |||
| Skewness | 0.5164 | |||
| Kurtosis | 0.3205 |
Consider Ballys Corp's intraday indicators
Ballys Corp intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Ballys Corp stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Ballys Corp Corporate Filings
8K | 21st of November 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
10Q | 8th of November 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
13A | 18th of October 2024 An amended filing to the original Schedule 13G | ViewVerify |
| 17th of October 2024 Other Reports | ViewVerify |
Ballys Stock media impact
Far too much social signal, news, headlines, and media speculation about Ballys Corp that are available to investors today. That information is available publicly through Ballys media outlets and privately through word of mouth or via Ballys internal channels. However, regardless of the origin, that massive amount of Ballys data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Ballys Corp news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Ballys Corp relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Ballys Corp's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Ballys Corp alpha.
Ballys Corp Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Ballys Corp can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Ballys Corp Corporate Management
| Charles Diao | Senior Treasurer | Profile | |
| Soohyung Kim | Independent Chairman of the Board | Profile | |
| Kimberly Lee | Executive Officer | Profile | |
| Jim Ryan | Director | Profile |
Additional 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.