Bally's Corporation

$ 13.86 5.64 %

Bally's Corporation functions as a worldwide entertainment provider, primarily focused on casinos, and is continually expanding its reach across numerous platforms. Its current operational base in the United States encompasses 15 casinos spread across ten states, a golf course in New York, a horse racing track in Colorado, and authorization to offer online sports betting in eighteen states. A recent strategic move, the purchase of Aspers Casino in Newcastle, UK, has significantly broadened its international footprint and diversified its entertainment offerings. Beyond its physical venues, Bally's also boasts a robust digital presence, which includes Bally’s Interactive International (formerly known as Gamesys Group), a prominent global interactive gaming provider; Bally Bet, an advanced sports wagering platform; and Bally Casino, an expanding online casino platform. The corporation’s current operational scale involves 10,600 employees, overseeing approximately 15,300 slot machines, 580 table games, and 3,800 hotel accommodations. Additionally, following the closure of the Tropicana, Bally's holds development rights for prime land in Las Vegas. Looking ahead, the impending merger with The Queen Casino & Entertainment Inc. is poised to substantially enhance Bally's existing assets. This integration will introduce four more casinos across three states, notably extending Bally's operational reach into Iowa for the first time. The Queen acquisition is also set to bring over 900 new employees, approximately 2,400 slot machines, 50 table games, and 150 hotel rooms into Bally's expanding network. Furthermore, Bally's will inherit Queen's substantial financial interest in Intralot S.A. (ATSE: INLOT), a global enterprise specializing in lottery management and services.

CEO: Robeson Mandela Reeves - https://www.ballys.com

Price objectif

$10.5 -24.24 %

Recommandation

Hold

DCF

$ -58.83

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BALY vs S&P500

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Quick ratio

1.05

suggests a healthy liquidity position, showing that the company can likely meet its short-term obligations.

P/E ratio

-0.96

may indicate that the company is undervalued or has poor growth prospects.

EPS

-14.48

is the net profit of a company divided by the number of outstanding shares, indicating the profit earned per share.

ROE

-115.26 %

indicates low profitability, suggesting that the company is not using equity efficiently to generate profits.

ROIC

-0.05 %

does not generate enough return to cover its financing costs, which indicates value destruction and may pose long-term profitability issues.

WACC

7.47

is a company's average cost of capital, weighted by the proportion of debt and equity in its financing. It represents the minimum return the company must generate to satisfy its investors.

Debt-to-Equity Ratio

2.90

means it relies more on debt, which can increase financial risk.

Free cash flow per share

-6.21

is a measure of a company's financial flexibility that is determined by dividing free cash flow by the total number of shares outstanding.

Dividend payout ratio

0.00 %

the dividend payout ratio is the measure of dividends paid out to shareholders relative to the company's net income.

Earnings per share

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Financials

Piotroski score
3 indicates worrying financial health
Altman score
0.22 indicates a high risk of bankruptcy
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Cash / Debt

Cash Ratio
0.55 indicates that the company has a moderate ability to cover its short-term debts with its cash
Debt Ratio
0.21 indicates that the company uses little debt to finance its assets, suggesting good financial stability
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Free Cash Flow

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Earnings Per Share (annual)

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Sales

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