PENN Entertainment Inc (NASDAQ: PENN) Continues To Thrive In 2024, As Its Stock Is Down -33.59% Year-To-Date

During the last session, PENN Entertainment Inc (NASDAQ:PENN)’s traded shares were 1.22 million, with the beta value of the company hitting 2.10. The 52-week high for the PENN share is $29.38, that puts it down -70.02 from that peak though still a striking 21.88% gain since the share price plummeted to a 52-week low of $13.50. The company’s market capitalization is $2.63B, and the average trade volume was 6.09 million shares over the past three months.

PENN Entertainment Inc (NASDAQ:PENN) trade information

The stock’s 5-day price performance is -1.26%, and it has moved by 10.34% in 30 days. Based on these gigs, the overall price performance for the year is -34.94%.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

PENN Entertainment Inc (PENN) estimates and forecasts

Statistics show that PENN Entertainment Inc has outperformed its competitors in share price, compared to the industry in which it operates. PENN Entertainment Inc (PENN) shares have gone down -27.18% during the last six months, with a year-to-date growth rate more than the industry average at 56.83% against 7.40. In the rating firms’ projections, revenue will increase 5.10% compared to the previous financial year.

As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 1.66B as predicted by 18 analyst(s). Meanwhile, a consensus of 18 analyst(s) estimates revenue growth to 1.68B by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 1.67B and 1.62B respectively. In this case, analysts expect current quarter sales to shrink by -0.40% and then jump by 4.00% in the coming quarter.

While earnings are projected to return 57.27% in 2024, the next five years will return 9.09% per annum.

PENN Dividends

PENN Entertainment Inc is due to release its next quarterly earnings in July. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

PENN Entertainment Inc (NASDAQ:PENN)’s Major holders