How to Buy Bally's Stock
Bally's Corp
Twin River Worldwide Holdings, Inc. engages in the ownership, management, and operation of casino hotels. The company is headquartered in Lincoln, Rhode Island and currently employs 4,900 full-time employees.
Bally's stock last closed at $14.00, up 0.07% from the previous day, and has decreased 18.08% in one year. It has underperformed other stocks in the Resorts & Casinos industry by 0.03 percentage points. Bally's stock is currently +92.31% from its 52-week low of $7.28, and -21.48% from its 52-week high of $17.83.
At the moment, there are 40.09M BALY shares outstanding. The market capitalization of BALY is $561.25M. In the last 24 hours, 364,935 BALY shares were traded.
How to Buy Bally's Stock
Wondering how to invest in Bally's stock? Here's how.
- Decide where to buy Bally's stock: You need to pick an online brokerage, but don't worry - we've tried dozens of online stock brokerages and apps to help you choose where to buy Bally's stock.
- Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Deposit money your investment account: Select your payment method and add your information.
- Research Bally's stock: The Bally's ticker symbol is BALY. Is Bally's stock a good investment? Should you buy shares of BALY? How do BALY's underlying business fundamentals look? Do top analysts think Bally's is a good buy? Why has BALY's stock price moved recently? (Hint: Our stock market analysis website can help you figure out if BALY is a good stock to buy).
- Place your BALY buy order: Decide if you will purchase BALY shares at the current market price or use a limit order to buy BALY stock at a particular price.
- Keep tabs on your BALY investment: Create a watchlist to key updates about your investment in Bally's shares.
Step 1: Decide where to buy Bally's stock
You need a brokerage account in order to access the NYSE market and buy BALY shares.
Our preferred brokerage: eToro
We believe that eToro is the best place to buy stocks. eToro gives you:
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- Buy other assets: Such as ETFs and cryptocurrencies.
Get $10 towards your share purchase by creating an account with eToro now.
Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've chosen the right brokerage, you'll need to fill out some personal details so you can invest in BALY today.
How to Start a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal details to start a new trading account.
- Send your details by clicking the "Create Account" button. Get started with eToro today
Step 3: Deposit money your investment account
Now that you've created your account on mobile trading apps, your next step is to transfer the money for your investment:
Watch the walkthrough below if you need help depositing money into your investment account.
Step 4: Research Bally's stock
Once you have identified the best place to buy Bally's stock, it's absolutely critical to research their stock prior to buying, so you truly comprehend the risk and opportunity.
Bally's stock data
Bally's Fundamentals
WallStreetZen was built to help part-time investors do more accurate fundamental analysis.
You can see all of the due diligence checks on BALY's stock page.
Is BALY stock overvalued?
Analysts use many financial metrics, analyses, models, and charts to gauge BALY's fair value.
Using relative valuations methods:
- BALY could be undervalued based on its P/B ratio of 0.88x, relative to Resorts & Casinos industry P/B ratio of 4.25x
You can do more valuation research on BALY's stock here.
BALY Financial Summary
Positive Health Checks:
- BALY has cash burn of 168069000. It has enough cash and short-term investments to cover this for at least one year.
- BALY profit margin has gone up from -18.9% to -7.7% in the past year.
- BALY has $315.26M in cash and short term investments. This is enough to cover its annual cash burn of $168.07M.
Negative Health Checks:
- There are more long-term liabilities than short-term assets on the BALY balance sheet.
- BALY has a relatively high debt to equity ratio of 9.8.
- There are more short-term liabilities than short-term assets on the BALY balance sheet.
- Total BALY debt is higher than 5 years ago, relative to shareholder equity.
Do Wall Street analysts think it's a good time to buy BALY stock
Out of 5 sell side analysts who give forecasts on BALY, the consensus analyst rating on Bally's is a Hold
Please keep in mind that analyst forecasts are not recommendations, nor are they investment advice.
You can dive deeper into what analysts are saying on the Bally's stock forecast page.
BALY Trading Indicators
Is BALY Making Money?
Last year, BALY revenue was $2.45B. During the last five year, BALY's revenue has grown by 41.12% per year. This was faster than the Resorts & Casinos industry average of 4.46%.
Dive into BALY's earnings and revenue performance here.
Who is buying/selling BALY?
In the past year, executives and large shareholders at BALY have bought more shares than they have sold.
Lee Kim Barker, EVP Chief Legal Officer of BALY, was the latest BALY insider to sell. They sold $22,337.64 worth of BALY stock on Mar 15, 2024.
Get more info about who owns BALY shares here.
Does BALY stock generate passive income?
No, Bally's doesn't provide an income stream by paying out dividends.
BALY Social Trading Data
One of the biggest reasons eToro is our favorite brokerage is because of its social trading community.
Click below to see what other traders have to say.
Step 5: Place your BALY buy order
There are two primary order types:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are usually the best for newer investors. - Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
If you want to make sure you're buying or selling at a given dollar amount, place a limit order.
Hit the Open Trade button and eToro will execute the order.
If you require more assistance buying stocks on eToro, watch the how to video below:
Step 6: Keep tabs on your BALY investment
Now that you own some shares in BALY, you'll want to keep up with your investment.
Start a watchlist to keep tabs on your BALY stock.
BALY Feed
How to Buy Stock in Bally's
To summarize, here are the 6 steps you need to take to buy Bally's stock right now:
- Decide where to buy Bally's stock
- Sign up for a brokerage account
- Deposit money your investment account
- Research Bally's stock
- Place your BALY buy order
- Keep tabs on your BALY investment
If you need a brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you want to track your investment in Bally's, add BALY to your watchlist below.
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