PENN Entertainment Inc (NASDAQ: PENN) kicked off on Tuesday, down -4.23% from the previous trading day, before settling in for the closing price of $17.26. Over the past 52 weeks, PENN has traded in a range of $13.50-$23.08.
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During the last 5-year period, the sales growth of Consumer Cyclical Sector giant was 8.74%. While this was happening, its average annual earnings per share was recorded 112.45%. With a float of $150.78 million, this company’s outstanding shares have now reached $152.23 million.
Let’s determine the extent of company efficiency that accounts for 23118 employees. In terms of profitability, gross margin is 33.3%, operating margin of 1.24%, and the pretax margin is -5.19%.
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 1.41%, while institutional ownership is 96.51%. 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 0.05 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 112.45% 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 0.82. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.38.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.05, a number that is poised to hit -0.15 in the next quarter and is forecasted to reach 1.48 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 4.24 million, which is a drop from its year-to-date volume of 4.8 million. As of the previous 9 days, the stock’s Stochastic %D was 20.90%. Additionally, its Average True Range was 1.01.
During the past 100 days, PENN Entertainment Inc’s (PENN) raw stochastic average was set at 6.43%, which indicates a significant decrease from 7.44% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 65.37% in the past 14 days, which was higher than the 48.45% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $19.98, while its 200-day Moving Average is $19.36. However, in the short run, PENN Entertainment Inc’s stock first resistance to watch stands at $16.98. Second resistance stands at $17.44. The third major resistance level sits at $17.71. If the price goes on to break the first support level at $16.25, it is likely to go to the next support level at $15.98. Now, if the price goes above the second support level, the third support stands at $15.52.
PENN Entertainment Inc (NASDAQ: PENN) Key Stats
The company with the Market Capitalisation of 2.53 billion has total of 152,947K Shares Outstanding. Its annual sales at the moment are 6,578 M in contrast with the sum of -311,500 K annual income. Company’s last quarter sales were recorded 1,669 M and last quarter income was -133,300 K.
