Bally stock has undergone multiple analysts rating changes in the recent past. Bally Upgraded by Zacks Investment Research on 10/19/2021. In a note to investors, the firm issued a new rating of Buy. The analysts previously had rating of Hold.
Shares of Bally traded down -$0.37 on Tuesday, reaching $50.80. 345714 shares of the stock traded hands, compared to its average volume of 490127. Shares of Bally were trading at $50.80 on Tuesday. The firm’s 50 day moving average is $48.99 and its 200 day moving average is $54.54.Bally has a 12 month low of $50.21 and a 12 month high of $75.92. While on yearly highs and lows, Bally’s today has traded high as $51.59 and has touched $50.21 on the downward trend. See More Analyst Rating at: RATING
Bally Earnings and What to expect:
Bally’s last issued its quarterly earnings data on August 8th, 2021. The reported $0.27 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.65 by $0.38. The company had revenue of $267.73 million for the quarter, compared to analyst estimates of $242.22 million. Its revenue for the quarter was up 825.6% on a year-over-year basis. Bally’s has generated ($0.09) earnings per share over the last year ($1.93 diluted earnings per share) and currently has a price-to-earnings ratio of 26.3. Earnings for Bally’s are expected to grow by 48.84% in the coming year, from $1.72 to $2.56 per share. Bally’s has not formally confirmed its next earnings publication date, but the company’s estimated earnings date is Thursday, November 4th, 2021 based off prior year’s report dates.
Earnings for Bally’s are expected to grow by 48.84% in the coming year, from $1.72 to $2.56 per share. The P/E ratio of Bally’s is 26.32, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 15.23. The P/E ratio of Bally’s is 26.32, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 21.82. Bally’s has a P/B Ratio of 4.74. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.
Bally (NYSE:BALY) Moving Average Technical Analysis
5 day Moving Average is $50.41 And 5 day price change is $0.23 (0.45%) with average volume for 5 day average is 351,900. While technical analysis for average 20 days shows significant difference, 20 day moving average is $51.20 and 20 day price change is $6.47 (14.60%) and average 20 day moving volume is 492,485. 50 day moving average is $48.99 and 50 day price change is -$2.42 ( -4.55%) and with average volume for 50 days is : 448,784. 200 day moving average is $54.54 and 200 day price change is $4.30 (9.25%) and with average volume for 200 days is : 492,271.
Other owners latest trading in Bally :
- On 10/19/2021 shares held by Garnet Equity Capital Holdings Inc. were 29,500 which equates to market value of $1.59M and appx 1.50% owners of Bally
- On 10/18/2021 shares held by Exchange Traded Concepts LLC were 134,146 which equates to market value of $6.73M and appx 0.20% owners of Bally
- On 10/7/2021 shares held by IMS Capital Management were 27,380 which equates to market value of $1.37M and appx 0.80% owners of Bally
- In total Institutional ownership equates to Institutional Ownership Percentage: 89.89% for Bally
See More Analyst Rating at: RATING