Ballys (BALY)
Market Price (12/4/2025): $17.28 | Market Cap: $1.0 BilSector: Consumer Discretionary | Industry: Casinos & Gaming
Ballys (BALY)
Market Price (12/4/2025): $17.28Market Cap: $1.0 BilSector: Consumer DiscretionaryIndustry: Casinos & Gaming
Investment Highlights
Why It Matters
Which of these 2 stories sounds closer for this stock?
1. Generates cash flow
The stock generated 4% or more of the share price (called cash flow yield), and shows moderate 10-15% or more growth.
2. Riding a trend
Think Tesla during the pandemic of 2020 when EVs were riding a cultural high, or Nvidia in the current AI boom, or even Figma. These companies don’t have enough yield, or, enough growth, or both - however - they are riding a trend. They have momentum. These can be more volatile - they don’t have the floor of strong cash flow
| Valuation becoming less expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -33% | Weak multi-year price returns3Y Excs Rtn is -101% | Debt is significantNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 950% |
| Megatrend and thematic driversMegatrends include Markets & Betting, Experience Economy & Premiumization, and Digital Content & Streaming. Themes include Online Gaming & Betting, Show more. | Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -111% |
| Valuation becoming less expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -33% |
| Megatrend and thematic driversMegatrends include Markets & Betting, Experience Economy & Premiumization, and Digital Content & Streaming. Themes include Online Gaming & Betting, Show more. |
| Weak multi-year price returns3Y Excs Rtn is -101% |
| Debt is significantNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 950% |
| Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -111% |
Valuation, Metrics & Events
BALY Stock
Why The Stock Moved
Qualitative Assessment
AI Generated Analysis | Feedback
Based on the available information for Bally's (BALY) from August 31, 2025, to December 4, 2025, there is no evidence to suggest a stock movement of 73.9% during this period. The data indicates a more modest and sometimes negative stock performance in late 2025. For example, on December 2, 2025, the stock decreased by 4.41%, and on December 3, 2025, shares were down 5.2%. Analyst ratings around this time generally indicated "Hold" or "Reduce," with average price targets lower than the then-current trading prices. Therefore, it is not possible to highlight key points for a 73.9% stock increase within the specified timeframe.
Show moreStock Movement Drivers
Return vs. Risk
Price Returns Compared
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| BALY Return | 97% | -24% | -49% | -28% | 28% | -5% | -34% |
| Peers Return | 23% | 54% | -7% | 3% | 3% | 5% | 98% |
| S&P 500 Return | 16% | 27% | -19% | 24% | 23% | 16% | 112% |
Monthly Win Rates [3] | |||||||
| BALY Win Rate | 67% | 42% | 42% | 50% | 50% | 50% | |
| Peers Win Rate | 58% | 50% | 40% | 48% | 53% | 54% | |
| S&P 500 Win Rate | 58% | 75% | 42% | 67% | 75% | 70% | |
Max Drawdowns [4] | |||||||
| BALY Max Drawdown | -70% | -33% | -52% | -60% | -30% | -51% | |
| Peers Max Drawdown | -66% | -15% | -32% | -16% | -18% | -29% | |
| S&P 500 Max Drawdown | -31% | -1% | -25% | -1% | -2% | -15% | |
[1] Cumulative total returns since the beginning of 2020
[2] Peers: CHDN, BYD, MCRI, FLL, LVS.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2025 data is for the year up to 12/3/2025 (YTD)
How Low Can It Go
| Event | BALY | S&P 500 |
|---|---|---|
| 2022 Inflation Shock | ||
| % Loss | -89.4% | -25.4% |
| % Gain to Breakeven | 847.6% | 34.1% |
| Time to Breakeven | Not Fully Recovered days | 464 days |
| 2020 Covid Pandemic | ||
| % Loss | -74.4% | -33.9% |
| % Gain to Breakeven | 290.5% | 51.3% |
| Time to Breakeven | 241 days | 148 days |
Compare to CHDN, BYD, MCRI, FLL, LVS
In The Past
Ballys's stock fell -89.4% during the 2022 Inflation Shock from a high on 3/25/2021. A -89.4% loss requires a 847.6% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth over time.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
Trade Ideas
Select past ideas related to BALY. For more, see Trefis Trade Ideas.
| Date | Ticker | Company | Category | Trade Strategy | 6M Fwd Rtn | 12M Fwd Rtn | 12M Max DD |
|---|---|---|---|---|---|---|---|
| 11302025 | BBWI | Bath & Body Works | Dip Buy | DB | Insider Buys | Low D/EDip Buy with Strong Insider BuyingBuying dips for companies with strong insider buying in the last 1 month, positive operating income and reasonable debt / market cap | 6.8% | 6.8% | 0.0% |
| 11262025 | HRB | H&R Block | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 0.5% | 0.5% | 0.0% |
| 11262025 | LRN | Stride | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | -2.6% | -2.6% | -2.6% |
| 11212025 | ABNB | Airbnb | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 3.7% | 3.7% | 0.0% |
| 11212025 | MTN | Vail Resorts | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 1.3% | 1.3% | -1.6% |
| Date | Ticker | Company | Category | Trade Strategy | 6M Fwd Rtn | 12M Fwd Rtn | 12M Max DD |
|---|---|---|---|---|---|---|---|
| 11302025 | BBWI | Bath & Body Works | Dip Buy | DB | Insider Buys | Low D/EDip Buy with Strong Insider BuyingBuying dips for companies with strong insider buying in the last 1 month, positive operating income and reasonable debt / market cap | 6.8% | 6.8% | 0.0% |
| 11262025 | HRB | H&R Block | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 0.5% | 0.5% | 0.0% |
| 11262025 | LRN | Stride | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | -2.6% | -2.6% | -2.6% |
| 11212025 | ABNB | Airbnb | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 3.7% | 3.7% | 0.0% |
| 11212025 | MTN | Vail Resorts | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 1.3% | 1.3% | -1.6% |
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons for Ballys
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 74.72 |
| Mkt Cap | 4.2 |
| Rev LTM | 2,687 |
| Op Inc LTM | 414 |
| FCF LTM | 265 |
| FCF 3Y Avg | 124 |
| CFO LTM | 804 |
| CFO 3Y Avg | 722 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 6.7% |
| Rev Chg 3Y Avg | 17.7% |
| Rev Chg Q | 5.4% |
| QoQ Delta Rev Chg LTM | 1.3% |
| Op Mgn LTM | 21.0% |
| Op Mgn 3Y Avg | 21.1% |
| QoQ Delta Op Mgn LTM | 0.7% |
| CFO/Rev LTM | 23.7% |
| CFO/Rev 3Y Avg | 25.4% |
| FCF/Rev LTM | 9.9% |
| FCF/Rev 3Y Avg | 13.0% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 4.2 |
| P/S | 2.0 |
| P/EBIT | 5.4 |
| P/E | 10.3 |
| P/CFO | 9.1 |
| Total Yield | 5.7% |
| Dividend Yield | 0.1% |
| FCF Yield 3Y Avg | 3.8% |
| D/E | 0.6 |
| Net D/E | 0.5 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | 7.6% |
| 3M Rtn | 3.4% |
| 6M Rtn | 15.8% |
| 12M Rtn | 5.0% |
| 3Y Rtn | 14.8% |
| 1M Excs Rtn | 7.6% |
| 3M Excs Rtn | -2.8% |
| 6M Excs Rtn | 1.1% |
| 12M Excs Rtn | -8.3% |
| 3Y Excs Rtn | -56.8% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 6302025 | 8112025 | 10-Q 6/30/2025 |
| 12312024 | 3172025 | 10-K 12/31/2024 |
| 9302024 | 11082024 | 10-Q 9/30/2024 |
| 6302024 | 8022024 | 10-Q 6/30/2024 |
| 3312024 | 5032024 | 10-Q 3/31/2024 |
| 12312023 | 3152024 | 10-K 12/31/2023 |
| 9302023 | 11032023 | 10-Q 9/30/2023 |
| 6302023 | 8032023 | 10-Q 6/30/2023 |
| 3312023 | 5092023 | 10-Q 3/31/2023 |
| 12312022 | 3012023 | 10-K 12/31/2022 |
| 9302022 | 11092022 | 10-Q 9/30/2022 |
| 6302022 | 8042022 | 10-Q 6/30/2022 |
| 3312022 | 5052022 | 10-Q 3/31/2022 |
| 12312021 | 8082022 | 10-K 12/31/2021 |
| 9302021 | 11092021 | 10-Q 9/30/2021 |
| 6302021 | 8092021 | 10-Q 6/30/2021 |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |