Bally's Corporation (BALY): Price and Financial Metrics


Bally's Corporation (BALY): $57.11

0.27 (+0.48%)

POWR Rating

Component Grades

Growth

S

Value

I

Momentum

G

Stability

N

Sentiment

U

Quality

P

BALY Stock Price Chart Interactive Chart >

Price chart for BALY

BALY Price/Volume Stats

Current price $57.11 52-week high $75.92
Prev. close $56.84 52-week low $10.70
Day low $56.42 Volume 22,418
Day high $57.42 Avg. volume 543,844
50-day MA $63.21 Dividend yield N/A
200-day MA $40.43 Market Cap 1.82B

Bally's Corporation (BALY) Company Bio


Bally's Corporation owns and operates gaming and racing facilities in the United States. Its gaming and racing facilities include slot machines and various casino table games, and restaurant and hotel facilities. The company owns and manages Twin River Casino Hotel in Lincoln, Rhode Island; Tiverton Casino Hotel in Tiverton, Rhode Island; Hard Rock Hotel & Casino in Biloxi, Mississippi; Casino Vicksburg in Vicksburg, Mississippi; Dover Downs Hotel & Casino in Dover, Delaware; Casino KC in Kansas City, Missouri; Golden Gates, Golden Gulch, and Mardi Gras casinos in Black Hawk, Colorado; and Arapahoe Park racetrack and 13 off-track betting licenses in Aurora, Colorado. As of December 23, 2020, it owned and operated 11 casinos that comprise 13,260 slot machines, 459 game tables, and 2,941 hotel rooms, as well as a horse racetrack across seven states. The company was formerly known as Twin River Worldwide Holdings, Inc. and changed its name to Bally's Corporation in November 2020. Bally's Corporation was founded in 2004 and is headquartered in Providence, Rhode Island.

BALY Price Forecast Based on DCF Valuation

Current PriceDCF Fair Value Target: Forecasted Gain:
$57.11$0 -100%

The table below illustrates the output of a discounted cash flow forecast using a variety of scenarios for Bally's Corp. To summarize, we found that Bally's Corp ranked in the 0th percentile in terms of potential gain offered. Our DCF analysis suggests the stock is overvalued by about 100%. As for the metrics that stood out in our discounted cash flow analysis of Bally's Corp, consider:

  • Its compound free cash flow growth rate, as measured over the past 1.32 years, is -0.85% -- higher than just 0.65% of stocks in our DCF forecasting set.
  • As a business, Bally's Corp experienced a tax rate of about 86% over the past twelve months; relative to its sector (Consumer Cyclical), this tax rate is higher than 95.41% of stocks generating free cash flow.


Terminal Growth Rate in Free Cash FlowReturn Relative to Current Share Price
0%-100%
1%-100%
2%-100%
3%-100%
4%-100%
5%-100%

For other companies in the Consumer Cyclical that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as BALY, try AGS, GDEN, IHRT, KFS, and KTB.


BALY Latest News Stream


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Latest BALY News From Around the Web

Below are the latest news stories about Bally's Corp that investors may wish to consider to help them evaluate BALY as an investment opportunity.

Kaskela Law LLC Announces Stockholder Investigation of Bally’s Corporation (BALY) and Encourages Investors to Contact the Firm

PHILADELPHIA, PA / ACCESSWIRE / April 17, 2021 / Kaskela Law LLC announces that it is investigating Bally's Corporation ("Bally's" or the "Company") (NYSE:BALY) on behalf of the Company's stockholders.The investigation seeks to determine whether the members of the board of directors of Bally's have violated the securities laws and/or breached their fiduciary duties to the company's stockholders in connection with recent corporate actions.

Yahoo | April 17, 2021

Bally's prices equity offering at $55

Bally's (BALY) has priced its public offering of 11M common shares at $55.00/share. Underwriters' over-allotment is an additional 1.65M shares. Expected net proceeds of ~$583.8M will be used to fund combination of Bally's and Gamesys, and for general corporate purposes.Deutsche Bank Securities, Goldman Sachs and Barclays are acting as the lead...

Seeking Alpha | April 16, 2021

Bally's Corporation Announces Plan For Richmond Residents To Participate In Equity Ownership Of Bally's Richmond Casino Resort

Bally's Corporation (NYSE: BALY), the developer and operator of the proposed $650 million "Bally's Richmond Casino Resort," and finalist in the City's casino selection process, today announced that it will provide the opportunity for all Richmond residents to purchase an equity interest in, and become partial owners of, Bally's Richmond. David Walton, a Richmond-based serial entrepreneur, most known for founding the Black Pages of America, will be partnering with Bally's to roll out the program and will be providing assistance to generate awareness of this crowdfunding round.

Yahoo | April 16, 2021

Bally's Corporation Announces Pricing Of Common Stock Offering

Bally's Corporation (NYSE: BALY) ("Bally's") today announced that it has priced its previously announced public offering of 11,000,000 shares of its common stock at $55.00 per share. The offering is expected to close on April 20, 2021, subject to customary closing conditions.

Yahoo | April 16, 2021

Bally's Corporation To Pursue Strategic Investment In Lieu Of Tangible Equity Unit Offering; Common Stock Offering Will Proceed

Bally's Corporation (NYSE: BALY) ("Bally's") today announced that it had discontinued the offering of $250 million of its tangible equity units ("Units") and instead is pursuing a possible private offering of equity-linked securities to a potential strategic investor who made an unsolicited offer. If consummated, Bally's anticipates this offering would provide net proceeds in an amount comparable to the Unit offering. The terms of such possible other transaction have not been finalized. There is no assurance that Bally's will consummate any such transaction or, if so, or the timing or terms currently contemplated.

Yahoo | April 15, 2021

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BALY Price Returns

1-mo -16.87%
3-mo 17.58%
6-mo 140.06%
1-year 402.73%
3-year N/A
5-year N/A
YTD 13.70%
2020 96.61%
2019 N/A
2018 N/A
2017 N/A
2016 N/A

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