On Monday, PENN Entertainment Inc (NASDAQ: PENN) was -3.27% drop from the session before settling in for the closing price of $20.78. A 52-week range for PENN has been $13.50 – $27.20.
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Consumer Cyclical Sector giant saw their annual sales surged by 17.61% over the last five years. When this article was written, the company’s average yearly earnings per share was at 54.63%. With a float of $150.90 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 29.34%, operating margin of -0.76%, and the pretax margin is -9.52%.
PENN Entertainment Inc (PENN) Insider Activity
Also, it is sometimes useful to examine the sentiment of large-scale investors toward PENN Entertainment Inc stocks. The insider ownership of PENN Entertainment Inc is 1.13%, while institutional ownership is 99.33%. 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) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 54.63% per share during the next fiscal year.
PENN Entertainment Inc (NASDAQ: PENN) Trading Performance Indicators
You can see what PENN Entertainment Inc (PENN) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.94. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.48.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -3.54, a number that is poised to hit -0.28 in the next quarter and is forecasted to reach 0.69 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 2.61 million was lower than the volume posted last year of 5.05 million. As of the previous 9 days, the stock’s Stochastic %D was 62.75%. Additionally, its Average True Range was 0.83.
During the past 100 days, PENN Entertainment Inc’s (PENN) raw stochastic average was set at 69.90%, which indicates a significant increase from 52.46% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 49.14% in the past 14 days, which was higher than the 45.41% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $19.31, while its 200-day Moving Average is $18.42. Now, the first resistance to watch is $20.61. This is followed by the second major resistance level at $21.11. The third major resistance level sits at $21.41. If the price goes on to break the first support level at $19.81, it is likely to go to the next support level at $19.51. Should the price break the second support level, the third support level stands at $19.01.
PENN Entertainment Inc (NASDAQ: PENN) Key Stats
There are 152,629K outstanding shares of the company, which has a market capitalization of 3.04 billion. As of now, sales total 6,363 M while income totals -490,000 K. Its latest quarter income was 1,639 M while its last quarter net income were -36,700 K.
