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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 java se versions history 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.
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 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.
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.
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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. stock outperforms competitors despite losses on the day
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% 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.
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…
Is PENN stock a buy or sell?
Bottom line: Penn stock is not a buy as it is trading around its 50-day line and well below its 200-day line. Still, as a leader in the booming sports betting market, investors should keep an eye on this stock for future buying opportunities.
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.
NASDAQ: PENNPenn Entertainment Inc Stock
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.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating indiv idual securities. The company is scheduled to release its next quarterly earnings announcement on Thursday, May 4th 2023. 84.40% of the stock of PENN Entertainment is held by institutions.
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.
PENN Entertainment, Inc
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.
Carol Massar and Tim Stenovec host a look back at the best interviews, discussions and more. Bloomberg Markets The Close Romaine Bostick breaks down the day’s top stories and trading action leading into the close. The Company is a diversified, multi-jurisdictional owner and operator of gaming and pari-mutuel properties.
PENN Entertainment Inc. stock falls Thursday, underperforms market
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.
- Morgan analyst Joseph Greff turned bearish on the online sports betting and fantasy sports company, saying he sees a «longer runway and more r…
- Penn’s sportsbook profit came in spite of a $10 million bet «Mattress Mack» won on the Houston Astros winning the World Series.
- Their PENN share price forecasts range from $31.00 to $54.00.
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.
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, https://day-trading.info/ 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.
Will PENN stock split?
(PENN:Nasdaq) announced today that its Board of Directors has approved a 2-for-1 split of the Company's common stock. The stock split will be in the form of a stock dividend of one additional share of the Company's common stock for each share held.
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.
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.
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.
What is PENN share price target?
PENN Entertainment Inc (NASDAQ:PENN)
The 18 analysts offering 12-month price forecasts for PENN Entertainment Inc have a median target of 39.50, with a high estimate of 65.00 and a low estimate of 31.00. The median estimate represents a +24.49% increase from the last price of 31.73.