PENN Entertainment Inc (NASDAQ: PENN) on Monday, plunged -3.11% from the previous trading day, before settling in for the closing price of $18.99. Within the past 52 weeks, PENN’s price has moved between $13.50 and $27.20.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
Consumer Cyclical Sector giant saw their annual sales surged by 17.61% over the last five years. The company achieved an average annual earnings per share of 58.29%. With a float of $150.87 million, this company’s outstanding shares have now reached $151.55 million.
The firm has a total of 23333 workers. Let’s measure their productivity. In terms of profitability, gross margin is 26.82%, operating margin of -14.35%, and the pretax margin is -23.11%.
PENN Entertainment Inc (PENN) Breakdown of a Key Holders of the stock
Observing investor behavior towards Resorts & Casinos industry stocks is more important than anything else. The insider ownership of PENN Entertainment Inc is 1.13%, while institutional ownership is 102.51%. The most recent insider transaction that took place on Sep 10 ’24, was worth 175,100. In this transaction Director of this company bought 10,000 shares at a rate of $17.51, taking the stock ownership to the 293,450 shares. Before that another transaction happened on Sep 06 ’24, when Company’s Director bought 15,000 for $18.40, making the entire transaction worth $276,000. This insider now owns 31,523 shares in total.
PENN Entertainment Inc (PENN) Recent Fiscal highlights
As on 6/30/2024, Multinational firm has announced its last quarter scores, in which it reported -4.8 earnings per share (EPS) for the period falling under the consensus outlook (set at 0.36) by -5.16. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.12 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 58.29% per share during the next fiscal year.
PENN Entertainment Inc (NASDAQ: PENN) Trading Performance Indicators
PENN Entertainment Inc (PENN) is currently performing well based on its current performance indicators. A quick ratio of 1.03 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.45.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -8.10, a number that is poised to hit -0.25 in the next quarter and is forecasted to reach 0.74 in one year’s time.
Technical Analysis of PENN Entertainment Inc (PENN)
Analysing the last 5-days average volume posted by the [PENN Entertainment Inc, PENN], we can find that recorded value of 2.79 million was lower than the volume posted last year of 5.27 million. As of the previous 9 days, the stock’s Stochastic %D was 51.25%. Additionally, its Average True Range was 0.61.
During the past 100 days, PENN Entertainment Inc’s (PENN) raw stochastic average was set at 57.02%, which indicates a significant increase from 28.33% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 23.60% in the past 14 days, which was lower than the 57.92% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $18.91, while its 200-day Moving Average is $18.76. Now, the first resistance to watch is $18.88. This is followed by the second major resistance level at $19.37. The third major resistance level sits at $19.70. If the price goes on to break the first support level at $18.07, it is likely to go to the next support level at $17.75. Now, if the price goes above the second support level, the third support stands at $17.26.
PENN Entertainment Inc (NASDAQ: PENN) Key Stats
Market capitalization of the company is 2.81 billion based on 152,446K outstanding shares. Right now, sales total 6,363 M and income totals -490,000 K. The company made 1,663 M in profit during its latest quarter, and -26,800 K in sales during its previous quarter.
