Beyond market averages, investors seeking exceptional growth focus on the art of stock selection. The right picks can significantly contribute to the expansion of your wealth.
As of close of business last night, PENN Entertainment Inc’s stock clocked out at $16.14, down -0.74% from its previous closing price of $16.26. In other words, the price has decreased by -$0.74 from its previous closing price. On the day, 3.42 million shares were traded. PENN stock price reached its highest trading level at $16.545 during the session, while it also had its lowest trading level at $15.99.
Ratios:
To gain a deeper understanding of PENN’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.25 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 25.65. 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.
BofA Securities Upgraded its Neutral to Buy on November 20, 2023, whereas the target price for the stock was revised from $27 to $30.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. 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 2460107264 and an Enterprise Value of 12879490048. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.39 while its Price-to-Book (P/B) ratio in mrq is 0.76. Its current Enterprise Value per Revenue stands at 2.024 whereas that against EBITDA is 15.454.
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 -12.24%, while the 200-Day Moving Average is calculated to be -27.77%.
Shares Statistics:
It appears that PENN traded 5.59M shares on average per day over the past three months and 5316680 shares per day 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 90.24% stake in the company. Shares short for PENN as of 1711584000 were 28687671 with a Short Ratio of 5.13, compared to 1709164800 on 25564565. Therefore, it implies a Short% of Shares Outstanding of 28687671 and a Short% of Float of 22.14.
Earnings Estimates
The performance of PENN Entertainment Inc (PENN) in the stock market is under the watchful eye of PENN Entertainment, Inc. analysts actively contributing to its current rating.The consensus estimate for the next quarter is $1.55, with high estimates of $6.90 and low estimates of $11.25.
Analysts are recommending an EPS of between $Financial Services and $Financial Services for the fiscal current year, implying an average EPS of $Consumer Cyclical.
