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Penn National Gaming (PENN)
NASDAQ:PENN
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PENN Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$13.50 - $27.21
Previous Close$20.02
Volume2.84M
Average Volume (3M)4.65M
Market Cap
$3.05B
Enterprise Value$11.18B
Total Cash (Recent Filing)$877.60M
Total Debt (Recent Filing)$9.00B
Price to Earnings (P/E)―
Beta1.76
Next Earnings
Oct 31, 2024EPS Estimate
-$0.26Last Dividend Ex-Date
Nov 04, 2013Dividend YieldN/A
Share Statistics
EPS (TTM)-8.10
Shares Outstanding152,595,704
10 Day Avg. Volume3,859,763
30 Day Avg. Volume4,654,930
Standard Deviation0.21
R-Squared0.27
Alpha-0.00561
Financial Highlights & Ratios
Price to Book (P/B)1.00
Price to Sales (P/S)0.48
Price to Cash Flow (P/CF)5.10
P/FCF Ratio16.90
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.78
Enterprise Value/Gross Profit4.73
Enterprise Value/Ebitda32.77
Forecast
1Y Price Target
$21.75Price Target Upside9.96% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering15
Penn National Gaming News
Bulls Say, Bears Say
Bulls Say
Digital GrowthPENN's digital database has now grown 81% to 3.8M since the launch in mid-November, driving 142% y/y digital MAU growth for OSB and 123% y/y MAU growth for iGaming in 2Q24.
Market IntegrationA seamless integration between ESPN Bet and legacy ESPN could be a material differentiator amongst sports betting applications, aiding the wagering process and creating sticky customers.
Revenue PerformancePENN reported better than expected total revenue.
Bears Say
CompetitionPENN faces ramping competition in the second half and into the next year.
ProfitabilityThe path to profitability in digital still remains uncertain.
RevenueInteractive revenue fell approximately 10% year-over-year to $233 million in Q2, slightly below consensus.
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Ownership Overview
7.99% Insiders
30.15% Mutual Funds
59.59% Other Institutional Investors
2.27% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Legal & RegulatoryLitigation, compliance, new legislation, and taxation risks
Website Traffic
The estimated number of people who visited one or more of the websites owned by Penn National Gaming
Desktop Users
Mobile Users
PENN FAQ
What was Penn National Gaming’s price range in the past 12 months?
Penn National Gaming lowest stock price was $13.50 and its highest was $27.20 in the past 12 months.
What is Penn National Gaming’s market cap?
Currently, no data Available
When is Penn National Gaming’s upcoming earnings report date?
Penn National Gaming’s upcoming earnings report date is Oct 31, 2024 which is in 42 days.
How were Penn National Gaming’s earnings last quarter?
Penn National Gaming released its earnings results on Aug 08, 2024. The company reported -$0.18 earnings per share for the quarter, beating the consensus estimate of -$0.273 by $0.093.
Is Penn National Gaming overvalued?
According to Wall Street analysts Penn National Gaming’s price is currently Undervalued.
Does Penn National Gaming pay dividends?
Penn National Gaming pays a Notavailable dividend of $45.64 which represents an annual dividend yield of N/A. See more information on Penn National Gaming dividends here
What is Penn National Gaming’s EPS estimate?
Penn National Gaming’s EPS estimate is -$0.26.
How many shares outstanding does Penn National Gaming have?
Penn National Gaming has 152,595,700 shares outstanding.
What happened to Penn National Gaming’s price movement after its last earnings report?
Penn National Gaming reported an EPS of -$0.18 in its last earnings report, beating expectations of -$0.273. Following the earnings report the stock price went up 8.459%.
Which hedge fund is a major shareholder of Penn National Gaming?
Among the largest hedge funds holding Penn National Gaming’s share is HG Vora Capital Management, LLC. It holds Penn National Gaming’s shares valued at 281M.
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Penn National Gaming Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$21.75 (9.96% Upside)
$21.75 (9.96% Upside)
Blogger Sentiment
Bullish
PENN Sentiment 73%
Sector Average 64%
Sector Average 64%
Hedge Fund Trend
Increased
By 672.0K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $1.5M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.4%
Last 30 Days ▼ 1.7%
Last 30 Days ▼ 1.7%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-14.88%
12-Months-Change
Fundamentals
Return on Equity
-33.70%
Trailing 12-Months
Asset Growth
-8.75%
Trailing 12-Months
Company Description
Penn National Gaming
Penn National Gaming, Inc. owns and manages gaming and racing facilities and video gaming terminal operations with a focus on slot machine entertainment. It operates through the following business segments: Northeast, South, West and Midwest.. The Northeast segment consists of the following properties: Hollywood Casino at Charles Town Races, Hollywood Casino Bangor, Hollywood Casino at Penn National Race Course, Hollywood Casino Toledo, Hollywood Casino Columbus, Hollywood Gaming at Dayton Raceway, Hollywood Gaming at Mahoning Valley Race Course, and Plain ridge Park Casino. The South and West segment comprises of the following properties: Zia Park Casino, Hollywood Casino Tunica, Hollywood Casino Gulf Coast, Boomtown Biloxi, M Resort, Tropicana Las Vegas, 1st Jackpot and Resorts. The Midwest segment controls the following properties: Hollywood Casino Aurora, Hollywood Casino Joliet, Argosy Casino Alton, Argosy Casino Riverside, Hollywood Casino Lawrenceburg, Hollywood Casino St. Louis, and Prairie State Gaming. The company was founded in 1982 and is headquartered in Wyomissing, PA.
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PENN Company Deck
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PENN Earnings Call
Q2 2024
0:00 / 0:00
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PENN Revenue Breakdown
77.10% Gaming
22.90% Food, beverage, hotel and other
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PENN Stock 12 Month Forecast
Average Price Target
$21.75
▲(9.96% Upside)
Technical Analysis
Best Analysts Covering PENN
1 Year
1 Year Success Rate
5/15 ratings generated profit
1 Year Average Return
-15.83%
assigned a buy rating 15 days ago
Copying Ryan Sigdahl's trades and holding each position for 1 Year would result in 33.33% of your transactions generating a profit, with an average return of -15.83% per trade.
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