Penn National Gaming Stock Today
| PENN Stock | USD 16.93 0.39 2.36% |
Performance0 of 100
| Odds Of DistressLess than 40
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Penn National is selling at 16.93 as of the 23rd of April 2024; that is 2.36% increase since the beginning of the trading day. The stock's open price was 16.54. Penn National has about a 40 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Equity ratings for Penn National Gaming are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 24th of March 2024 and ending today, the 23rd of April 2024. Click here to learn more.
Business Domain Consumer Services | IPO Date 26th of May 1994 | Category Consumer Cyclical | Classification Consumer Discretionary |
PENN Entertainment, Inc., together with its subsidiaries, provides integrated entertainment, sports content, and casino gaming experiences in North America. PENN Entertainment, Inc. was founded in 1972 and is based in Wyomissing, Pennsylvania. Penn Entertainment operates under Resorts Casinos classification in the United States and is traded on NASDAQ Exchange. The company has 151.8 M outstanding shares of which 28.69 M shares are at this time shorted by private and institutional investors with about 5.52 trading days to cover. More on Penn National Gaming
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Follow Valuation Options Odds of Bankruptcy
Financial Report 2nd of May 2024
Penn Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Penn National's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Penn National or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO and President and Director | Timothy Wilmott | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Idea | Casinos (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Hotels, Restaurants & Leisure, Consumer Services, Consumer Discretionary, SP Midcap 400, NASDAQ Composite, NASDAQ Composite Total, Casinos, Consumer Discretionary, Hotels, Restaurants & Leisure, Resorts & Casinos, Consumer Cyclical (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering Penn National report their recommendations after researching Penn National's financial statements, talking to executives and customers, or listening in on Penn National's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Penn National Gaming. The Penn consensus assessment is calculated by taking the average forecast from all of the analysts covering Penn National. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the analysis of Penn National's profitability, liquidity, and operating efficiency, Penn National Gaming is not in a good financial situation at the present time. It has a very high chance of going through financial crunch in May. Financial strength of Penn National Gaming is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Penn National's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Penn National's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. Penn National's bond ratings measure its overall creditworthiness, which in many ways corresponds to the cost of borrowing for an issuer. These ratings assign a letter grade to all of Penn National's outstanding corporate bonds that indicate their credit quality. We use reports published by private self-sufficient rating services such as Standard & Poor's or Fitch Ratings Inc. to evaluate a bond issuer's financial strength or its ability to pay a bond's principal and interest. Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Penn National's financial leverage. It provides some insight into what part of Penn National's total assets is financed by creditors.
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Penn National Gaming (PENN) is traded on NASDAQ Exchange in USA. It is located in 825 Berkshire Blvd., Wyomissing, PA, United States, 19610 and employs 23,333 people. Penn National is listed under Hotels, Restaurants & Leisure category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 2.52 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Penn National's market, we take the total number of its shares issued and multiply it by Penn National's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Penn National Gaming conducts business under Hotels, Restaurants & Leisure sector and is part of Consumer Discretionary industry. The entity has 151.8 M outstanding shares of which 28.69 M shares are at this time shorted by private and institutional investors with about 5.52 trading days to cover.
Penn National Gaming currently holds about 1.71 B in cash with 455.9 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 10.93.
Check Penn National Probability Of Bankruptcy
Ownership AllocationPenn National owns a total of 151.8 Million outstanding shares. The majority of Penn National Gaming outstanding shares are owned by third-party entities. These institutional holders are usually referred to as non-private investors looking to secure positions in Penn National Gaming to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Penn National. Please pay attention to any change in the institutional holdings of Penn National Gaming as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company maintains, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Penn Ownership Details
Penn Stock Price Odds Analysis
Contingent on a normal probability distribution, the odds of Penn National jumping above the current price in 90 days from now is about 82.08%. The Penn National Gaming probability density function shows the probability of Penn National stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Penn National has a beta of 0.9587 indicating Penn National Gaming market returns are highly reactive to returns on the market. As the market goes up or down, Penn National is expected to follow. Additionally, penn National Gaming has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Penn National to move above the current price in 90 days from now is about 82.08 (This Penn National Gaming probability density function shows the probability of Penn Stock to fall within a particular range of prices over 90 days) .
Penn Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Penn National that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Penn National's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Penn National's value.| Instituion | Recorded On | Shares | |
| Geode Capital Management, Llc | 2023-12-31 | 2.5 M | |
| Balyasny Asset Management Llc | 2023-12-31 | 2.4 M | |
| Sei Investments Co | 2023-12-31 | 2.1 M | |
| The Toronto-dominion Bank | 2023-12-31 | 2 M | |
| Hudson Bay Capital Management Lp | 2023-12-31 | 2 M | |
| Weiss Multi-strategy Advisers Llc | 2023-12-31 | 1.7 M | |
| Man Group Plc | 2023-12-31 | 1.7 M | |
| Norges Bank | 2023-12-31 | 1.6 M | |
| Arrowstreet Capital Limited Partnership | 2023-12-31 | 1.6 M | |
| Fmr Inc | 2023-12-31 | 14.8 M | |
| Vanguard Group Inc | 2023-12-31 | 14.7 M |
Penn National Historical Income Statement
Penn National Gaming Income Statement is one of the three primary financial statements used for reporting Penn's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Penn National Gaming revenue and expense. Penn National Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Penn National's Selling General Administrative is very stable compared to the past year. As of the 23rd of April 2024, Net Income Applicable To Common Shares is likely to grow to about 209.9 M, while Gross Profit is likely to drop about 1 B. View More FundamentalsPenn Stock Against Markets
Picking the right benchmark for Penn National stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Penn National stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Penn National is critical whether you are bullish or bearish towards Penn National Gaming at a given time. Please also check how Penn National's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Penn National without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Penn National Corporate Directors
Penn National corporate directors refer to members of a Penn National board of directors. The board of directors generally takes responsibility for the Penn National's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Penn National's board members must vote for the resolution. The Penn National board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Harold Cramer | Independent Director | Profile | |
| John Jacquemin | Independent Director | Profile | |
| Barbara Kohn | Independent Director | Profile | |
| Ronald Naples | Independent Director | Profile |
How to buy Penn Stock?
Before investing in Penn National, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Penn National. To buy Penn National stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Penn National. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Penn National stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Penn National Gaming stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Penn National Gaming stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Penn National Gaming, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Penn Stock please use our How to Invest in Penn National guide.
Already Invested in Penn National Gaming?
The danger of trading Penn National Gaming is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Penn National is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Penn National. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Penn National Gaming is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Penn National Gaming offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Penn National's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Penn National Gaming Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Penn National Gaming Stock: Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Penn National Gaming. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
Complementary Tools for Penn Stock analysis
When running Penn National's price analysis, check to measure Penn National's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Penn National is operating at the current time. Most of Penn National's value examination focuses on studying past and present price action to predict the probability of Penn National's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Penn National's price. Additionally, you may evaluate how the addition of Penn National to your portfolios can decrease your overall portfolio volatility.
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| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years |
Is Penn National's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Penn National. If investors know Penn will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Penn National listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 2.089 | Earnings Share (3.22) | Revenue Per Share 41.834 | Quarterly Revenue Growth (0.12) | Return On Assets 0.0148 |
The market value of Penn National Gaming is measured differently than its book value, which is the value of Penn that is recorded on the company's balance sheet. Investors also form their own opinion of Penn National's value that differs from its market value or its book value, called intrinsic value, which is Penn National's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Penn National's market value can be influenced by many factors that don't directly affect Penn National's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Penn National's value and its price as these two are different measures arrived at by different means. Investors typically determine if Penn National is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Penn National's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.