6 Stocks Hit 52-Week Highs: PFE, LMT, VAL, BIIB, MSG, BYI
The gaming company is scheduled to report third-quarter results on Thursday. On average, analysts anticipate earnings of 66 cents a share on revenue of $223.56 million.
"BYI is deliberating whether the Ohio regulator's permission to ship units this quarter is sufficient for revenue recognition of these units," Wells Fargo analysts wrote in an April 17 report. "We remain Market Perform rated as our
Shares of Bally Technologies hit a 52-week high on Wednesday of $48.50. The stock's 52-week low of $24.74 was set on Oct. 4.
Bally Technologies has a forward P/E of 15.7; the average for gambling companies is 14.45. For comparison, Penn National Gaming(PENN) has a 15.78 forward P/E.
Twelve of the 17 analysts who cover Bally Technologies rated it buy; five analysts gave the stock a hold rating.
TheStreet Ratings gives Bally Technologies a B- grade with a buy rating and $53.92 price target. The stock has risen 20.5% year to date.
-- Written by Alexandra Zendrian
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