PENN Entertainment Inc PENN Stock Price, Trades & News

The Barchart Technical Opinion rating is a 88% Sell with a Average short term outlook on maintaining the current direction. Leggett’s fourth-quarter results reflect slow demand in most of the markets served. PENN Entertainment focuses on integrating the Barstool Sportsbook to theScore player account trading platform to drive growth. WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

It allows the user to better focus on the stocks that are the best fit for his or her personal trading style. One share of PENN stock can currently be purchased for approximately $27.62. PENN Entertainment’s stock is owned by a variety of institutional and retail investors.

Motley Fool Returns

Exchanges report short interest twice a month.Percent of FloatTotal short positions relative to the number of shares available to trade. The technique has proven to be very useful for finding positive surprises. In fact, when combining a Zacks Rank #3 or better and a positive Earnings ESP, stocks produced a positive surprise 70% of the time, while they also saw 28.3% annual returns on average, according to our 10 year backtest.

PENN Entertainment Inc provides integrated entertainment, sports content, and casino gaming experiences. It is the operator of gaming and racing properties and video gaming terminal operations in the U.S. It operates retail sports betting across the company’s portfolio, as well as online sports betting, online social casino, bingo, and online casinos. The five geographical segments include the Northeast segment, South segment, West segment, Midwest segment and Interactive segment, out of which the majority is from the Northeast segment.

The Wall Street Journal

Penn Entertainment stock was originally listed at a price of $2.44 in Dec 31, 1997. If you had invested in Penn Entertainment stock at $2.44, your return over the last 25 years would have been 989.42%, for an annualized return of 10.02% . Get stock recommendations, portfolio guidance, and more from The Motley Fool’s premium services. News Corp is a global, diversified media and information services company focused on creating and distributing authoritative and engaging content and other products and services.

PENN Entertainment’s fourth-quarter 2022 results are likely to reflect benefits from solid growth of gaming revenues. Citizens Capital Markets Head of Gaming & Leisure Investment Banking Christopher Lynch joins Yahoo Finance Live to discuss U.S. sports betting following Sunday night’s Super Bowl LVII, betting trends,… PENN Entertainment’s fourth-quarter top line benefits from omnichannel strategy, solid retail operations and new interactive offerings. Live educational sessions using site features to explore today’s markets.

Earnings were up 51% from a year ago, ahead of Wall Street views. Overall, this stock passed 11/33 due dilligence checks and has average fundamentals, according to our automated analysis. Bloomberg Businessweek Highlights from a week-long virtual event bringing Bloomberg Businessweek magazine to life.

To see all exchange delays and terms of use please see Barchart’s disclaimer. PENN Entertainment has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock. According to analysts’ consensus price target of $40.13, PENN Entertainment has a forecasted upside of 44.5% from its current price of $27.77. By using the Site, you agree to be bound by our Terms of Use. Consensus EPS estimates are from QuoteMedia and are updated every weekday.

Their PENN share price forecasts range from $31.00 to $54.00. On average, they predict the company’s share price to reach $40.13 in the next twelve months. This suggests a possible upside of 45.3% from the stock’s current price. View analysts price targets for PENN or view top-rated stocks among Wall Street analysts. At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system.

Join thousands of traders who make more informed decisions with our premium features. Real-time quotes, advanced visualizations, backtesting, and much more. Build the strongest argument relying on authoritative content, attorney-editor expertise, and industry defining technology. Canada’s Senate vote opens way for single event bettingCanada’s Senate on Tuesday passed a bill that will open the way to legalize betting on single games or sporting events, which is currently illegal except for on horse racing.

PENN Related stocks

For US and Canadian Stocks, the Overview page includes key statistics on the stock’s fundamentals, with a link to see more. Provides a general description of the business conducted by this company. Red Rock Resorts possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. The headline numbers for PENN Entertainment give insight into how the company performed in the quarter ended December 2022, but it may be worthwhile to compare some of its key metrics to Wall Street…

Robinhood gives you the tools you need to put your money in motion. You can buy or sell PENN and other ETFs, options, and stocks. Browse an unrivalled portfolio of real-time and historical market data and insights from worldwide sources and experts. Access unmatched financial data, news and content in a highly-customised workflow experience on desktop, web and mobile. The scores are based on the trading styles of Value, Growth, and Momentum. There’s also a VGM Score (‘V’ for Value, ‘G’ for Growth and ‘M’ for Momentum), which combines the weighted average of the individual style scores into one score.

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Sign-up to receive the latest news and ratings for PENN Entertainment and its competitors with MarketBeat’s FREE daily newsletter. Only 1.50% of the stock of PENN Entertainment is held by insiders. 9 people have added PENN Entertainment to their MarketBeat watchlist in the last 30 days. Only 56 people have searched for PENN on MarketBeat in the last 30 days.

All investments involve risks, including the loss of principal. Securities trading offered through Robinhood Financial LLC, Member SIPC and a registered broker-dealer. There may be delays, omissions, or inaccuracies in the Information. As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style. The Style Scores are a complementary set of indicators to use alongside the Zacks Rank.

Net money flow is the value of uptick trades minus the value of downtick trades. PENN Entertainment exhibits a price/sales ratio which is less than the industry average for hotels and motels stocks listed on the NASDAQ. PENN Entertainment’s dividend yield of 0.0% https://day-trading.info/ is less than the industry average for hotels and motels stocks listed on the NASDAQ. Real-time analyst ratings, insider transactions, earnings data, and more. PENN Entertainment issued an update on its FY 2023 earnings guidance on Thursday, February, 2nd.

PENN Entertainment has received a -49.14% net impact score from Upright. The largest negative impact of Penn National Gaming in category «Relationships» seems to be driven mostly by its «Online gambling services», «Betting services», and «Casino games» products. PENN Entertainment does not have a long track record of dividend growth. MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist.

• South segment consists of various properties, including Ameristar Vicksburg, Boomtown Biloxi, Boomtown Bossier City, Boomtown New Orleans, L’Auberge Lake Charles, and Margaritaville Resort Casino.
• The idea is that more recent information is, generally speaking, more accurate and can be a better predictor of the future, which can give investors an advantage in earnings season.
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• Results are interpreted as buy, sell or hold signals, each with numeric ratings and summarized with an overall percentage buy or sell rating.
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High institutional ownership can be a signal of strong market trust in this company. In the past three months, PENN Entertainment insiders have sold more of their company’s stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $6,241,336.00 in company stock.

Price and EPS Surprise Chart

According to 25 analysts, the average rating for PENN stock is «Buy.» The 12-month stock price forecast is $42.73, which is an increase of 54.71% from the latest price. Moody’s Daily Credit Risk Score is a 1-10 score of a company’s credit risk, based on an analysis of the firm’s balance sheet and inputs from the stock market. The score provides a forward-looking, one-year measure of credit risk, allowing investors to make better decisions and streamline their work ow. Updated daily, it takes into account day-to-day movements in market value compared to a company’s liability structure.

The monthly returns are then compounded to arrive at the annual return. Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. Zacks Ranks stocks can, and often do, change throughout the month.

All other current web features including annual reports, price sensitive announcements, dividends and earnings transcripts are free to use here on our web app. The company’s average rating score is 2.57, and is based on 8 buy ratings, 6 hold ratings, and no sell ratings. Even though the Super Bowl is over, sports betting stocks still have plenty of upside. Viewers were bombarded with several sports betting promotions during this year’s Super Bowl. Shares Sold ShortThe total number of shares of a security that have been sold short and not yet repurchased.Change from LastPercentage change in short interest from the previous report to the most recent report.

The company provided earnings per share guidance of for the period. The company issued revenue guidance of $6.15 billion-$6.58 billion, compared to the consensus revenue estimate of $6.48 billion. PENN Entertainment’s stock was trading at $29.70 at the start of the year. Since then, PENN shares have decreased by 7.0% and is now trading at $27.62.

Historical price to book ratio values for PENN Entertainment over the last 10 years. The current price to book ratio for PENN Entertainment as of March 15, 2023 is 1.17. All financial data is based on trailing twelve months periods – updated quarterly, unless otherwise specified. Reuters, the news and media division of Thomson Reuters, is the world’s the top 21 stocks to buy in 2021 2020 largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world’s media organizations, industry events and directly to consumers. We are working on updating this web app to fully enable Quantitative Ratios.