Expert Outlook: Ballys Through The Eyes Of 5 Analysts

Analysts' ratings for Ballys BALY over the last quarter vary from bullish to bearish, as provided by 5 analysts.

Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months.

Insights from analysts' 12-month price targets are revealed, presenting an average target of $11.8, a high estimate of $16.00, and a low estimate of $10.00. A decline of 23.38% from the prior average price target is evident in the current average.

Analyzing Analyst Ratings: A Detailed Breakdown

In examining recent analyst actions, we gain insights into how financial experts perceive Ballys. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Key Insights:

• Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Ballys. This information provides a snapshot of how analysts perceive the current state of the company.
• Rating: Delving into assessments, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings communicate expectations for the relative performance of Ballys compared to the broader market.
• Price Targets: Analysts provide insights into price targets, offering estimates for the future value of Ballys's stock. This comparison reveals trends in analysts' expectations over time.

Understanding these analyst evaluations alongside key financial indicators can offer valuable insights into Ballys's market standing. Stay informed and make well-considered decisions with our Ratings Table.

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All You Need to Know About Ballys

Ballys Corp is a gaming, hospitality, and entertainment company with a portfolio of casinos and resorts, and online gaming businesses. It provides its customers with physical and interactive entertainment and gaming experiences, including traditional casino offerings, iCasino, online bingo, sportsbook, and free-to-play (F2P) games. The company has three reportable segments; Casinos & Resorts Includes the Company's 15 casino and resort properties and one horse race track, the North America Interactive segment includes a portfolio of sports betting, iGaming, and free-to-play gaming brands, and the International Interactive segment includes Gamesys' European and Asian operations.

Ballys: Delving into Financials

Market Capitalization Analysis: Positioned below industry benchmarks, the company's market capitalization faces constraints in size. This could be influenced by factors such as growth expectations or operational capacity.

Revenue Growth: Ballys's revenue growth over a period of 3 months has been noteworthy. As of 30 September, 2023, the company achieved a revenue growth rate of approximately 9.38%. This indicates a substantial increase in the company's top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Consumer Discretionary sector.

Net Margin: Ballys's net margin falls below industry averages, indicating challenges in achieving strong profitability. With a net margin of -9.77%, the company may face hurdles in effective cost management.

Return on Equity (ROE): Ballys's ROE falls below industry averages, indicating challenges in efficiently using equity capital. With an ROE of -6.39%, the company may face hurdles in generating optimal returns for shareholders.

Return on Assets (ROA): Ballys's ROA lags behind industry averages, suggesting challenges in maximizing returns from its assets. With an ROA of -0.9%, the company may face hurdles in achieving optimal financial performance.

Debt Management: Ballys's debt-to-equity ratio surpasses industry norms, standing at 5.42. This suggests the company carries a substantial amount of debt, posing potential financial challenges.

The Core of Analyst Ratings: What Every Investor Should Know

Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.

Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.

If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along withanalyst success scores in Benzinga Pro.

This article was generated by Benzinga's automated content engine and reviewed by an editor.