PENN Entertainment Inc (NASDAQ: PENN) kicked off on Monday, down -2.01% from the previous trading day, before settling in for the closing price of $19.45. Over the past 52 weeks, PENN has traded in a range of $13.50-$27.20.
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During the last 5-year period, the sales growth of Consumer Cyclical Sector giant was 17.61%. While this was happening, its average annual earnings per share was recorded 57.91%. With a float of $150.87 million, this company’s outstanding shares have now reached $151.55 million.
Let’s determine the extent of company efficiency that accounts for 23333 employees. 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
Our next focus will be how large-scale investors are participating in this stock of the Resorts & Casinos Industry. The insider ownership of PENN Entertainment Inc is 1.13%, while institutional ownership is 103.54%. 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
In the latest quarterly report, which was put into the public domain on 6/30/2024, the organization reported -4.8 earnings per share (EPS), lower than consensus estimate (set at 0.36) by -5.16. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.14 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 57.91% per share during the next fiscal year.
PENN Entertainment Inc (NASDAQ: PENN) Trading Performance Indicators
Take a look at PENN Entertainment Inc’s (PENN) current performance indicators. Last quarter, stock had a quick ratio of 1.03. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.46.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -8.10, a number that is poised to hit -0.26 in the next quarter and is forecasted to reach 0.72 in one year’s time.
Technical Analysis of PENN Entertainment Inc (PENN)
Looking closely at PENN Entertainment Inc (NASDAQ: PENN), its last 5-days average volume was 2.58 million, which is a drop from its year-to-date volume of 5.15 million. As of the previous 9 days, the stock’s Stochastic %D was 38.58%. Additionally, its Average True Range was 0.72.
During the past 100 days, PENN Entertainment Inc’s (PENN) raw stochastic average was set at 54.62%, which indicates a significant increase from 31.14% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 40.60% in the past 14 days, which was lower than the 49.77% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $18.98, while its 200-day Moving Average is $18.56. However, in the short run, PENN Entertainment Inc’s stock first resistance to watch stands at $19.44. Second resistance stands at $19.83. The third major resistance level sits at $20.05. If the price goes on to break the first support level at $18.84, it is likely to go to the next support level at $18.62. Now, if the price goes above the second support level, the third support stands at $18.23.
PENN Entertainment Inc (NASDAQ: PENN) Key Stats
The company with the Market Capitalisation of 2.86 billion has total of 152,596K Shares Outstanding. Its annual sales at the moment are 6,363 M in contrast with the sum of -490,000 K annual income. Company’s last quarter sales were recorded 1,663 M and last quarter income was -26,800 K.
