Expert Outlook: Ballys Through The Eyes Of 5 Analysts
Portfolio Pulse from Benzinga Insights
Analysts have mixed views on Ballys (NYSE:BALY), with recent ratings ranging from bullish to bearish. Over the last quarter, there have been 2 bullish, 2 indifferent, and 1 somewhat bearish rating. In the past 30 days, one analyst has maintained an 'Underweight' rating with a $10.00 price target, while three others have lowered their price targets, with an average target now at $11.8, down from the previous $15.4. Ballys's financials show a revenue growth of 9.38% over 3 months but lag behind industry averages in net margin, ROE, and ROA, and have a high debt-to-equity ratio of 5.42.
January 05, 2024 | 2:00 pm
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Ballys has received mixed analyst ratings with a downward trend in price targets, indicating potential concerns about the company's future performance. Financial indicators show revenue growth but below-average profitability and high debt levels.
The recent lowering of price targets by analysts suggests a bearish outlook for Ballys, which could lead to a negative short-term impact on the stock price. The high debt-to-equity ratio and below-average profitability metrics may concern investors, potentially leading to a decrease in stock value.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100