Witnessing the stock’s movement on the chart, on Thursday, PENN Entertainment Inc (NASDAQ: PENN) had a quiet start as it plunged -0.12% to $16.91, before settling in for the price of $16.93 at the close. Taking a more long-term approach, PENN posted a 52-week range of $16.46-$31.63.
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In the past 5-years timespan, the Consumer Cyclical sector firm’s annual sales growth was 17.61%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 81.10%. This publicly-traded company’s shares outstanding now amounts to $151.55 million, simultaneously with a float of $150.89 million. The organization now has a market capitalization sitting at $2.58 billion. At the time of writing, stock’s 50-day Moving Average stood at $18.81, while the 200-day Moving Average is $22.50.
PENN Entertainment Inc (PENN) Ownership Facts and Figures
Nothing is more important than checking the behaviour of major investors towards the stock of the Resorts & Casinos industry. PENN Entertainment Inc’s current insider ownership accounts for 1.01%, in contrast to 91.34% institutional ownership. According to the most recent insider trade that took place on Jan 03 ’24, this organization’s EVP and Chief Strategy Officer sold 5,017 shares at the rate of 25.23, making the entire transaction reach 126,579 in total value, affecting insider ownership by 30,214. Preceding that transaction, on Dec 26 ’23, Company’s President and CEO sold 172,930 for 25.25, making the whole transaction’s value amount to 4,366,482. This particular insider is now the holder of 689,072 in total.
PENN Entertainment Inc (PENN) Earnings and Revenue Records
As on 12/30/2023, Multinational firm has announced its last quarter scores, in which it reported -$2.37 earnings per share (EPS) for the period falling under the consensus outlook (set at -$0.51) by -$1.86. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.08 per share during the current fiscal year.
PENN Entertainment Inc’s EPS increase for this current 12-month fiscal period is 81.10% and is forecasted to reach 1.09 in the upcoming year.
PENN Entertainment Inc (NASDAQ: PENN) Trading Performance Indicators
Let’s observe the current performance indicators for PENN Entertainment Inc (PENN). It’s Quick Ratio in the last reported quarter now stands at 1.11. The Stock has managed to achieve an average true range (ATR) of 0.74. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.41. Similarly, its price to free cash flow for trailing twelve months is now 26.88.
In the same vein, PENN’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -3.66, a figure that is expected to reach -0.55 in the next quarter, and analysts are predicting that it will be 1.09 at the market close of one year from today.
Technical Analysis of PENN Entertainment Inc (PENN)
Going through the that latest performance of [PENN Entertainment Inc, PENN]. Its last 5-days volume of 5.08 million was inferior to the volume of 5.61 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 24.65% While, its Average True Range was 0.71.
Raw Stochastic average of PENN Entertainment Inc (PENN) in the period of the previous 100 days is set at 4.19%, which indicates a major fall in contrast to 15.56% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 43.42% that was lower than 51.21% volatility it exhibited in the past 100-days period.
