On Monday, PENN Entertainment Inc (NASDAQ: PENN) opened lower -4.24% from the last session, before settling in for the closing price of $20.74. Price fluctuations for PENN have ranged from $13.50 to $27.20 over the past 52 weeks.
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Consumer Cyclical Sector giant saw their annual sales surged by 17.61% over the last five years. Company’s average yearly earnings per share was noted 54.36% at the time writing. With a float of $150.90 million, this company’s outstanding shares have now reached $152.16 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) Breakdown of a Key Holders of the stock
A key investor’s attitude towards the stock of the Resorts & Casinos industry is another important factor to consider. 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) Recent Fiscal highlights
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
Check out the current performance indicators for PENN Entertainment Inc (PENN). In the past 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 2.37 million was lower than the volume posted last year of 4.89 million. As of the previous 9 days, the stock’s Stochastic %D was 18.34%. Additionally, its Average True Range was 0.83.
During the past 100 days, PENN Entertainment Inc’s (PENN) raw stochastic average was set at 58.50%, which indicates a significant increase from 13.31% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 39.58% in the past 14 days, which was lower than the 45.19% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $19.82, while its 200-day Moving Average is $18.46. Now, the first resistance to watch is $20.59. This is followed by the second major resistance level at $21.32. The third major resistance level sits at $21.69. If the price goes on to break the first support level at $19.49, it is likely to go to the next support level at $19.12. Now, if the price goes above the second support level, the third support stands at $18.39.
PENN Entertainment Inc (NASDAQ: PENN) Key Stats
There are currently 152,629K shares outstanding in the company with a market cap of 3.03 billion. Presently, the company’s annual sales total 6,363 M according to its annual income of -490,000 K. Last quarter, the company’s sales amounted to 1,639 M and its income totaled -36,700 K.
