On Tuesday, PENN Entertainment Inc (NASDAQ: PENN) was 3.57% up from the session before settling in for the closing price of $20.18. A 52-week range for PENN has been $13.50 – $23.81.
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Annual sales at Consumer Cyclical sector company grew by 10.08% over the past five years. When this article was written, the company’s average yearly earnings per share was at 52.19%. With a float of $150.47 million, this company’s outstanding shares have now reached $152.16 million.
Let’s look at the performance matrix of the company that is accounted for 23333 employees. 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 and Institutional Ownership
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 1.42%, while institutional ownership is 94.98%. 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) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.05 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 52.19% 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 0.51.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -3.54, a number that is poised to hit -0.35 in the next quarter and is forecasted to reach 0.60 in one year’s time.
Technical Analysis of PENN Entertainment Inc (PENN)
PENN Entertainment Inc (NASDAQ: PENN) saw its 5-day average volume 3.85 million, a negative change from its year-to-date volume of 5.49 million. As of the previous 9 days, the stock’s Stochastic %D was 35.09%. Additionally, its Average True Range was 0.94.
During the past 100 days, PENN Entertainment Inc’s (PENN) raw stochastic average was set at 72.12%, which indicates a significant increase from 51.90% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 32.25% in the past 14 days, which was lower than the 43.75% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $19.97, while its 200-day Moving Average is $18.81. Nevertheless, the first resistance level for the watch stands at $21.24 in the near term. At $21.58, the stock is likely to face the second major resistance level. The third major resistance level sits at $22.15. If the price goes on to break the first support level at $20.33, it is likely to go to the next support level at $19.76. The third support level lies at $19.42 if the price breaches the second support level.
PENN Entertainment Inc (NASDAQ: PENN) Key Stats
There are 152,629K outstanding shares of the company, which has a market capitalization of 3.19 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.
