Is PENN Entertainment Inc (NASDAQ: PENN) a smart move or a risky gamble for your portfolio?

In the last trading session, 6.41 million PENN Entertainment Inc (NASDAQ:PENN) shares changed hands as the company’s beta touched 2.07. With the company’s per share price at $16.54 changed hands at $0.26 or 1.60% during last session, the market valuation stood at $2.52B. PENN’s last price was a discount, traded about -91.23% off its 52-week high of $31.63. The share price had its 52-week low at $16.10, which suggests the last value was 2.66% up since then. When we look at PENN Entertainment Inc’s average trading volume, we note the 3-month average coming to 5.62 million.

PENN Entertainment Inc (NASDAQ:PENN) trade information

Instantly PENN was in green as seen at the end of in last trading. With action -8.37%, the performance over the past five days has been red. The jump to weekly highs of 17.68 added 1.60% to the stock’s daily price. The company’s shares are showing year-to-date downside of -36.43%, with the 5-day performance at -8.37% in the red. However, in the 30-day time frame, PENN Entertainment Inc (NASDAQ:PENN) is -6.24% down.

PENN Entertainment Inc (PENN) estimates and forecasts

Data shows that the PENN Entertainment Inc share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot -17.75% over the past 6 months, a 73.29% in annual growth rate that is considerably higher than the industry average of 10.70%.

The 2024 estimates are for PENN Entertainment Inc earnings to increase by 81.01%, but the outlook for the next 5-year period is at 9.09% per year.

PENN Dividends

PENN Entertainment Inc is expected to release its next quarterly earnings report in May.