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Bally Technologies (NYSE:BYI) set a new 52-week high during trading on Friday, ARN reports. The stock traded as high as $79.64 and last traded at $79.04, with a volume of 226,989 shares. The stock had previously closed at $78.75.

A number of analysts have recently weighed in on BYI shares. Analysts at Goldman Sachs Group Inc. reiterated a “neutral” rating on shares of Bally Technologies in a research note to investors on Monday. Separately, analysts at Zacks upgraded shares of Bally Technologies from a “neutral” rating to an “outperform” rating in a research note to investors on Tuesday, December 31st. They now have a $81.00 price target on the stock. Finally, analysts at Stifel Nicolaus raised their price target on shares of Bally Technologies from $90.00 to $94.00 in a research note to investors on Thursday, December 5th. They now have a “buy” rating on the stock. One research analyst has rated the stock with a sell rating, five have given a hold rating and six have issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average target price of $84.71.

Bally Technologies has a 52-week low of $45.38 and a 52-week high of $79.42. The stock’s 50-day moving average is $75.64 and its 200-day moving average is $71.2. The company has a market cap of $3.042 billion and a P/E ratio of 21.57.

Bally Technologies (NYSE:BYI) last issued its quarterly earnings data on Wednesday, October 30th. The company reported $0.97 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.90 by $0.07. The company had revenue of $249.30 million for the quarter, compared to the consensus estimate of $248.92 million. During the same quarter in the prior year, the company posted $0.77 earnings per share. The company’s quarterly revenue was up 6.0% on a year-over-year basis. Analysts expect that Bally Technologies will post $4.27 EPS for the current fiscal year.

Bally Technologies, Inc (NYSE:BYI) is a global gaming company, which designs, manufactures, operates, and distributes advanced technology-based gaming devices, systems, server-based solutions, custom mobile applications, and interactive applications.

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