Bally’s Corp

Company Profile

Bally’s Corp had its IPO on 2019-03-29 under the ticker symbol BALY.

The company operates in the Consumer Cyclical sector and Resorts & Casinos industry. Bally’s Corp has a staff strength of 10,500 employees.

Stock update

Shares of Bally’s Corp opened at $15.21 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $15.21 - $15.61, and closed at $15.31.

This is a +0.2% increase from the previous day's closing price.

A total volume of 129,699 shares were traded at the close of the day’s session.

In the last one week, shares of Bally’s Corp have slipped by -6.93%.

Bally’s Corp's Key Ratios

Bally’s Corp has a market cap of $721.74 million, indicating a price to book ratio of 0.9784 and a price to sales ratio of 0.4589.

In the last 12-months Bally’s Corp’s revenue was $2.31 billion with a gross profit of $1.25 billion and an EBITDA of $522.04 million. The EBITDA ratio measures Bally’s Corp's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Bally’s Corp’s operating margin was 9.79% while its return on assets stood at 2.14% with a return of equity of -19.36%.

In Q1, Bally’s Corp’s quarterly earnings growth was a positive 10700% while revenue growth was a positive 9.2%.

Bally’s Corp’s PE and PEG Ratio

Forward PE

45.8716

Trailing PE

0

PEG

Its diluted EPS in the last 12-months stands at $-4.63 per share while it has a forward price to earnings multiple of 45.8716 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Bally’s Corp’s profitability.

Bally’s Corp stock is trading at a EV to sales ratio of 2.3157 and a EV to EBITDA ratio of 11.0776. Its price to sales ratio in the trailing 12-months stood at 0.4589.

Bally’s Corp stock pays annual dividends of $0 per share, indicating a yield of 0.37% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$6.76 billion

Total Liabilities

$657.96 million

Operating Cash Flow

$319.64 million

Capital Expenditure

$43.68 million

Dividend Payout Ratio

0%

Bally’s Corp ended 2024 with $6.76 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $6.76 billion while shareholder equity stood at $1.02 billion.

Bally’s Corp ended 2024 with $0 in deferred long-term liabilities, $657.96 million in other current liabilities, 457000.00 in common stock, $-340793000.00 in retained earnings and $1.80 billion in goodwill. Its cash balance stood at $344.27 million and cash and short-term investments were $344.27 million. The company’s total short-term debt was $19,450,000 while long-term debt stood at $3.32 billion.

Bally’s Corp’s total current assets stands at $604.21 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $67.20 million compared to accounts payable of $58.56 million and inventory worth $14.29 million.

In 2024, Bally’s Corp's operating cash flow was $319.64 million while its capital expenditure stood at $43.68 million.

Comparatively, Bally’s Corp paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$15.31

52-Week High

$27.71

52-Week Low

$13.09

Analyst Target Price

$22.63

Bally’s Corp stock is currently trading at $15.31 per share. It touched a 52-week high of $27.71 and a 52-week low of $27.71. Analysts tracking the stock have a 12-month average target price of $22.63.

Its 50-day moving average was $15.45 and 200-day moving average was $17.81 The short ratio stood at 6.9 indicating a short percent outstanding of 0%.

Around 1458.4% of the company’s stock are held by insiders while 6814.4% are held by institutions.