<div id="readability-page-1"><p>Shares of Bally's Corporation (NYSE:BALY - Get Free Report) have received an average rating of &#34;Reduce&#34; from the six brokerages that are  covering the company, Marketbeat Ratings reports. One analyst  has rated the stock with a sell rating and five have issued  a hold rating on  the company. The average 1 year target price among brokers that have issued ratings on the stock in the last year is $16.50.</p><ul><li>Is Bally’s Turnaround a Safe Bet Amid Mixed Investor Sentiment?</li></ul><p>BALY has been the topic of a number of recent analyst reports. Wall Street Zen upgraded Bally's from a &#34;sell&#34; rating to a &#34;hold&#34; rating in a research report on Sunday, September 7th. Truist Financial lifted their price target on shares of Bally's from $13.00 to $18.00 and gave the company a &#34;hold&#34; rating in a report on Friday, November 14th. Macquarie upped their price objective on shares of Bally's from $12.00 to $17.00 and gave the stock a &#34;neutral&#34; rating in a research report on Friday, November 14th. Stifel Nicolaus raised their target price on shares of Bally's from $10.00 to $20.00 and gave the company a &#34;hold&#34; rating in a research report on Tuesday, November 11th. Finally, Weiss Ratings  reaffirmed a &#34;sell (d-)&#34; rating on shares of Bally's in a research note on Thursday, October 30th.</p><p><b>View Our Latest Stock Report on Bally's</b></p><h2>Institutional Inflows and Outflows</h2><ul><li>How to Invest in Casino Stocks: Pros and Cons and More</li></ul><p>Hedge funds have recently made changes to their positions in the business. JPMorgan Chase &amp; Co. grew its stake in  Bally's by 21,781.4% in the third quarter. JPMorgan Chase &amp; Co. now owns 758,411 shares of the company's stock valued at $8,418,000 after acquiring an additional 754,945 shares during the period.  Geode Capital Management LLC grew its position in  Bally's by 113.1% in the 2nd quarter. Geode Capital Management LLC now owns 164,555 shares of the company's stock valued at $1,577,000 after purchasing an additional 87,346 shares during the period.  Janney Montgomery Scott LLC acquired a new stake in  Bally's in the 2nd quarter valued at $867,000.  JB Capital Partners LP bought a new stake in  Bally's during the 3rd quarter valued at $555,000.  Finally, Crossingbridge Advisors LLC raised its holdings in  Bally's by 40.0% during the third quarter. Crossingbridge Advisors LLC now owns 35,000 shares of the company's stock worth $388,000 after buying an additional 10,000 shares during the last quarter. 70.41% of the stock is owned by institutional investors. </p><h2>Bally's Stock Up 0.4%</h2><p>BALY stock opened at $16.09 on Monday. The company has a market cap of $790.74 million, a price-to-earnings ratio of -3.30 and a beta of 1.46. Bally's has a twelve month low of $8.45 and a twelve month high of $22.41. The business has a 50 day moving average price of $16.42 and a two-hundred day moving average price of $12.29. The company has a quick ratio of 0.66, a current ratio of 0.68 and a debt-to-equity ratio of 7.13. </p><ul><li>Bally's Misses Views, But Wall Street Sees Earnings Growth In '21 and '22</li></ul><p>Bally's (NYSE:BALY - Get Free Report) last announced its quarterly earnings results on Thursday, October 30th. The company reported ($1.70) earnings per share (EPS) for the quarter. The business had revenue of $210.25 million for the quarter. Bally's had a negative net margin of 17.41% and a negative return on equity of 63.71%.  Analysts anticipate that  Bally's will post -7.26 EPS for the current fiscal year. </p><h2>About Bally's</h2> (Get Free Report)<p>Bally's Corp. is a global casino-entertainment company with a portfolio of casinos and resorts and online gaming businesses. It operates through the following segments: Casinos &amp; Resorts, International Interactive, and North America Interactive. The Casinos &amp; Resorts segment consists of the company's casino and resort properties, a horse racetrack, and a golf course.</p><h2>Featured Stories</h2><ul><li>Five stocks we like better than Bally's</li><li>CD Calculator: Certificate of Deposit Calculator </li><li>Dave &amp; Buster’s Reversal Is in PLAY After Double-Bottom Breakout</li><li>What Does a Stock Split Mean? </li><li>3 Finance Stocks to Buy on Rising 10-Year Treasury Rates</li><li>What does consumer price index measure? </li><li>Disney's $1 Billion Deal Brings Its Magic to OpenAI</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUJBTFk?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="600" height="385" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUJBTFk"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Bally's Right Now?</h2><p>Before you consider Bally's, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Bally's wasn't on the list.</p><p>While Bally's currently has a Reduce rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

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<p>Bally's Corporation (NYSE:BALY) has received a consensus rating of "Reduce" from six brokerages, with one analyst rating it as "sell" and five as "hold." The average 1-year target price is $16.50. Recent analyst reports show mixed ratings, with some upgrading their price targets. Institutional investors have increased their positions in Bally's. The company reported a negative EPS of ($1.70) for the last quarter and a negative net margin of 17.41%.</p>

Bally's Corporation (NYSE:BALY) Receives Consensus Rating of "Reduce" from Brokerages