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In the latest session, PENN Entertainment Inc (NASDAQ: PENN) closed at $17.43 up 2.95% from its previous closing price of $16.93. In other words, the price has increased by $2.95 from its previous closing price. On the day, 5.18 million shares were traded. PENN stock price reached its highest trading level at $17.99 during the session, while it also had its lowest trading level at $16.95.
Ratios:
For a deeper understanding of PENN Entertainment Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.43 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 27.70. For the most recent quarter (mrq), Quick Ratio is recorded 1.11 and its Current Ratio is at 1.11. In the meantime, Its Debt-to-Equity ratio is 3.60 whereas as Long-Term Debt/Eq ratio is at 3.47.
On March 26, 2024, Mizuho started tracking the stock assigning a Buy rating and target price of $29.Mizuho initiated its Buy rating on March 26, 2024, with a $29 target price.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Jan 03 ’24 when Rogers Christopher Byron sold 5,017 shares for $25.23 per share. The transaction valued at 126,579 led to the insider holds 30,214 shares of the business.
Snowden Jay A sold 172,930 shares of PENN for $4,366,482 on Dec 26 ’23. The President and CEO now owns 689,072 shares after completing the transaction at $25.25 per share. On Nov 06 ’23, another insider, SCACCETTI JANE, who serves as the Director of the company, bought 4,400 shares for $22.83 each. As a result, the insider paid 100,452 and bolstered with 63,414 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PENN now has a Market Capitalization of 2656733184 and an Enterprise Value of 13072237568. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.42 while its Price-to-Book (P/B) ratio in mrq is 0.82. Its current Enterprise Value per Revenue stands at 2.054 whereas that against EBITDA is 15.685.
Stock Price History:
Over the past 52 weeks, PENN has reached a high of $31.63, while it has fallen to a 52-week low of $15.88. The 50-Day Moving Average of the stock is -3.44%, while the 200-Day Moving Average is calculated to be -21.60%.
Shares Statistics:
For the past three months, PENN has traded an average of 5.60M shares per day and 6026280 over the past ten days. A total of 151.55M shares are outstanding, with a floating share count of 150.89M. Insiders hold about 1.01% of the company’s shares, while institutions hold 90.17% stake in the company. Shares short for PENN as of 1711584000 were 28687671 with a Short Ratio of 5.12, compared to 1709164800 on 25564565. Therefore, it implies a Short% of Shares Outstanding of 28687671 and a Short% of Float of 22.14.
