PENN Entertainment Inc (NASDAQ: PENN) kicked off on Monday, up 3.17% from the previous trading day, before settling in for the closing price of $20.52. Over the past 52 weeks, PENN has traded in a range of $13.50-$27.20.
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It was noted that within the last five years, the titan of the Consumer Cyclical sector saw sales topped by 17.61%. While this was happening, its average annual earnings per share was recorded 54.36%. With a float of $150.90 million, this company’s outstanding shares have now reached $151.55 million.
The extent of productivity of a business whose workforce counts for 23333 workers is very important to gauge. 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 Updates
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 99.35%. 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) Performance Highlights and Predictions
In the latest quarterly report, which was put into the public domain on 9/30/2024, the organization reported -1.75 earnings per share (EPS), lower than consensus estimate (set at -0.46) by -1.29. 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 54.36% 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 0.94. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.52.
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)
The latest stats from [PENN Entertainment Inc, PENN] show that its last 5-days average volume of 2.08 million was inferior to 4.99 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 51.28%. Additionally, its Average True Range was 0.82.
During the past 100 days, PENN Entertainment Inc’s (PENN) raw stochastic average was set at 89.48%, which indicates a significant increase from 78.82% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 40.42% in the past 14 days, which was lower than the 44.84% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $19.49, while its 200-day Moving Average is $18.38. Now, the first resistance to watch is $21.61. This is followed by the second major resistance level at $22.06. The third major resistance level sits at $22.51. If the price goes on to break the first support level at $20.71, it is likely to go to the next support level at $20.26. Assuming the price breaks the second support level, the third support level stands at $19.81.
PENN Entertainment Inc (NASDAQ: PENN) Key Stats
The company with the Market Capitalisation of 3.28 billion has total of 152,629K 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 1,639 M and last quarter income was -36,700 K.
