In the last trading session, 7.72 million shares of the PENN Entertainment Inc (NASDAQ:PENN) were traded, and its beta was 1.57. Most recently the company’s share price was $16.49, and it changed around $0.88 or 5.64% from the last close, which brings the market valuation of the company to $2.48B. PENN currently trades at a discount to its 52-week high of $23.08, offering almost -39.96% off that amount. The share price’s 52-week low was $13.25, which indicates that the current value has risen by an impressive 19.65% since then.
PENN Entertainment Inc stock received a consensus recommendation rating of Hold, based on a mean score of 2.14. If we narrow it down even further, the data shows that 0 out of 19 analysts rate the stock as a Sell; another 3 rate it as Overweight. Among the rest, 10 recommended PENN as a Hold, whereas 6 deemed it a Buy, and 0 rated it as Underweight. PENN Entertainment Inc is expected to report earnings per share of -0.01 for the current quarter.
PENN Entertainment Inc (NASDAQ:PENN) trade information
Instantly PENN has showed a green trend with a performance of 5.64% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 16.96 on recent trading dayincreased the stock’s daily price by 2.77%. The company’s shares are currently down -16.80% year-to-date, but still up 0.06% over the last five days. On the other hand, PENN Entertainment Inc (NASDAQ:PENN) is 4.30% up in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $25, which translates to bulls needing to increase their stock price by 34.04% from its current value. Analyst projections state that PENN is forecast to be at a low of $25 and a high of $25.
PENN Entertainment Inc (PENN) estimates and forecasts
The year-over-year growth rate is expected to be 5.80%, up from the previous year.
Consensus estimates provided by 16 financial analysts predict the company will bring in an average of 1.73B in revenue for the current quarter. 16 analysts expect PENN Entertainment Inc to make 1.74B in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 1.66B and 1.64B respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 3.89%. Forecasts for the next quarter put sales growth at 6.17%.
PENN Dividends
PENN Entertainment Inc’s next quarterly earnings report is expected to be released in July.
VANGUARD GROUP INC, with 10.8457% or 16.5 million shares worth $319.29 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
