BALY stock icon

Bally's
BALY

$17.16
0.17%

Market Cap: $697M

 

About: Ballys Corp is a casino entertainment company with a growing omni-channel presence. It currently owns and manages 15 casinos across 10 states, a golf course in New York, a horse racetrack in Colorado, and has access to OSB licenses in 18 states. It also owns Bally's Interactive International, formerly Gamesys Group, a online gaming operator, Bally Bet, a sports betting platform, and Bally Casino, a iCasino platform. The Company's casino operations include approximately 15,300 slot machines, 580 table games, and 3,800 hotel rooms.

Employees: 10,500

0
Funds holding %
of 6,686 funds
0
Analysts bullish %
of 7 analysts

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

299% more call options, than puts

Call options by funds: $2.66M | Put options by funds: $667K

2.43% more ownership

Funds ownership: 66.48% [Q1] → 68.91% (+2.43%) [Q2]

10% less capital invested

Capital invested by funds: $371M [Q1] → $334M (-$37.4M) [Q2]

11% less funds holding

Funds holding: 119 [Q1] → 106 (-13) [Q2]

17% less funds holding in top 10

Funds holding in top 10: 6 [Q1] → 5 (-1) [Q2]

31% less repeat investments, than reductions

Existing positions increased: 27 | Existing positions reduced: 39

41% less first-time investments, than exits

New positions opened: 19 | Existing positions closed: 32

Research analyst outlook

7 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$11
36%
downside
Avg. target
$17
1%
downside
High target
$18.25
6%
upside

7 analyst ratings

positive
14%
neutral
71%
negative
14%
Jefferies
David Katz
31% 1-year accuracy
4 / 13 met price target
1%downside
$17
Buy
Maintained
2 Aug 2024
Barclays
Brandt Montour
44% 1-year accuracy
24 / 54 met price target
5%upside
$18
Equal-Weight
Maintained
1 Aug 2024
Stifel
Jeffrey Stantial
41% 1-year accuracy
9 / 22 met price target
6%upside
$18.25
Hold
Maintained
1 Aug 2024
Wells Fargo
Daniel Politzer
39% 1-year accuracy
16 / 41 met price target
6%upside
$18.25
Equal-Weight
Upgraded
29 Jul 2024
TD Cowen
Lance Vitanza
43% 1-year accuracy
6 / 14 met price target
6%upside
$18.25
Hold
Downgraded
26 Jul 2024

Financial journalist opinion

Based on 42 articles about BALY published over the past 30 days