| High | $80.00 |
|---|---|
| Low | $37.00 |
| Average | $51.76 |
| Current Price | $32.81 |
Is Penn National Gaming (Penn) stock a good buy?
According to the issued ratings of 19 analysts in the last year, the consensus rating for Penn National Gaming stock is Buy based on the current 7 hold ratings and 12 buy ratings for PENN. The average twelve-month price target for Penn National Gaming is $72.95 with a high price target of $142.00 and a low price target of $38.00.
What are analysts'price targets for Penn National Gaming's stock?
18 Wall Street analysts have issued 1-year price objectives for Penn National Gaming's shares. Their forecasts range from $38.00 to $142.00. On average, they expect Penn National Gaming's stock price to reach $92.44 in the next twelve months. This suggests a possible upside of 120.5% from the stock's current price.
What is Penn National Gaming's (png) stock price potential upside?
Their forecasts range from $38.00 to $142.00. On average, they expect Penn National Gaming's stock price to reach $92.44 in the next twelve months. This suggests a possible upside of 120.5% from the stock's current price.
What is the marketbeat consensus rating for Penn National Gaming?
The consensus rating score for Penn National Gaming is 2.63 while the average consensus rating score for consumer discretionary companies is 2.58. Learn more Do MarketBeat users like Penn National Gaming more than its competitors?
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Is Penn a Buy Sell or Hold?
Penn National Gaming has received a consensus rating of Buy. The company's average rating score is 2.74, and is based on 14 buy ratings, 5 hold ratings, and no sell ratings.
Is Penn going to go up?
Penn National Gaming Inc (NASDAQ:PENN) The 17 analysts offering 12-month price forecasts for Penn National Gaming Inc have a median target of 50.00, with a high estimate of 80.00 and a low estimate of 37.00. The median estimate represents a +47.93% increase from the last price of 33.80.
Is Penn stock a buy right now?
Bottom line: Penn stock is not a buy as it is trading around its 50-day line and well below its 200-day line. Still, as a leader in the booming sports betting market, investors should keep an eye on this stock for future buying opportunities.
Does Penn National Gaming pay dividends?
No, since our initial public offering we have not declared any cash dividends or distribution on our common stock. We currently intend to retain our earnings to reduce our outstanding indebtedness and to finance future growth and, therefore, have no present intention of paying dividends.
Is it a good time to buy PENN?
More specific guidance disclosed on the Q4 conference call suggests PENN is trading at ~10x 2022 free cash flow, excluding Interactive losses, working capital changes and growth capex. Neither multiple is perhaps quite as attractive as it might appear at first.
Is PENN stock undervalued?
Compared to the current market price of 34.65 USD, Penn National Gaming Inc is Undervalued by 46%.
How high will Penn National Gaming stock go?
Based on 15 Wall Street analysts offering 12 month price targets for Penn National Gaming in the last 3 months. The average price target is $51.00 with a high forecast of $76.00 and a low forecast of $37.00. The average price target represents a 48.56% change from the last price of $34.33.
Will PENN Gaming go back up?
Earnings Estimates Analysts estimate that Penn National Gaming's earnings per share will drop 20.6% in 2022, and then grow 26.8% and 22.9% in 2023 and 2024, respectively.
Why is PENN Gaming down?
Penn National Gaming stock drops after profit misses while revenue beats, as gaming expenses jump - MarketWatch.
Will PENN Gaming go back up?
Earnings Estimates Analysts estimate that Penn National Gaming's earnings per share will drop 20.6% in 2022, and then grow 26.8% and 22.9% in 2023 and 2024, respectively.
How high will Penn National Gaming stock go?
Based on 15 Wall Street analysts offering 12 month price targets for Penn National Gaming in the last 3 months. The average price target is $51.00 with a high forecast of $76.00 and a low forecast of $37.00. The average price target represents a 48.56% change from the last price of $34.33.
Why is Penn National Gaming stock dropping?
Penn National Gaming stock drops after profit misses while revenue beats, as gaming expenses jump - MarketWatch.
Is CENN stock a good buy?
Given the current short-term trend, the stock is expected to rise 4.02% during the next 3 months and, with a 90% probability hold a price between $1.59 and $2.28 at the end of this 3-month period.
What is Penn National Gaming's consensus rating and price target?
According to the issued ratings of 17 analysts in the last year, the consensus rating for Penn National Gaming stock is Buy based on the current 5...
Do Wall Street analysts like Penn National Gaming more than its competitors?
Analysts like Penn National Gaming stock more than the stock of other Consumer Discretionary companies. The consensus rating score for Penn Nationa...
Do MarketBeat users like Penn National Gaming more than its competitors?
MarketBeat users like Penn National Gaming stock more than the stock of other Consumer Discretionary companies. 71.55% of MarketBeat users gave Pen...
Is Penn National Gaming being upgraded by Wall Street analysts?
Over the previous 90 days, Penn National Gaming's stock had 2 upgrades by analysts.
Does Penn National Gaming's stock price have much upside?
According to analysts, Penn National Gaming's stock has a predicted upside of 39.20% based on their 12-month price targets.
What analysts cover Penn National Gaming?
Penn National Gaming has been rated by Jefferies Financial Group , Morgan Stanley , Truist Financial , and Wells Fargo in the past 90 days.
Stock Price Forecast
Analyst Recommendations
The 19 analysts offering 12-month price forecasts for Penn National Gaming Inc have a median target of 62.00, with a high estimate of 96.00 and a low estimate of 38.00. The median estimate represents a +31.11% increase from the last price of 47.29.
What is Penn National Gaming's stock symbol?
The current consensus among 21 polled investment analysts is to Buy stock in Penn National Gaming Inc. This rating has held steady since February, when it was unchanged from a Buy rating. Move your mouse over past months for detail
What is the ticker symbol for Penn National Gaming?
Penn National Gaming trades on the NASDAQ under the ticker symbol "PENN."
How will Penn National Gaming's stock buyback program work?
Penn National Gaming trades on the NASDAQ under the ticker symbol "PENN."
What is Jay Snowden's approval rating as Penn National Gaming's CEO?
Penn National Gaming announced that its board has initiated a share buyback program on Thursday, February 3rd 2022, which authorizes the company to repurchase $750,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase up to 9.8% of its shares through open market purchases. Shares repurchase programs are often an indication that the company's management believes its shares are undervalued.
How much money does Penn National Gaming make?
30 employees have rated Penn National Gaming CEO Jay Snowden on Glassdoor.com. Jay Snowden has an approval rating of 87% among Penn National Gaming's employees.
What is MarketBeat ratings?
Penn National Gaming has a market capitalization of $8.01 billion and generates $3.58 billion in revenue each year. The company earns $-669.50 million in net income (profit) each year or $2.31 on an earnings per share basis.
When is Penn National Gaming earnings call?
MarketBeat's community ratings are surveys of what our community members think about Penn National Gaming and other stocks. Vote “Outperform” if you believe PENN will outperform the S&P 500 over the long term. Vote “Underperform” if you believe PENN will underperform the S&P 500 over the long term. You may vote once every thirty days.
What is Penn Gaming?
How can I listen to Penn National Gaming's earnings call? Penn National Gaming will be holding an earnings conference call on Thursday, August 5th at 9:00 AM Eastern.
Who is investigating FirstCash?
Penn National Gaming's (NASDAQ: PENN) business consists mainly of regional land-based casinos spread across the U.S. and an online gaming component. Lately, the online segment, which offers gambling and sports wagering, is getting all the attention. The size of the population limits your customer base to within driving distance for the most part.
Is Penn National Gaming under investigation?
FIRSTCASH INVESTIGATION: Block & Leviton Is Investigating FirstCash Inc. For Potential Securities Law Violations; Investors Who Have Lost Money Are Encouraged To Contact the Firm
Is Penn National a rebound?
New York, New York-- (Newsfile Corp. - November 10, 2021) - Levi & Korsinsky notifies investors that it has commenced an investigation of Penn National Gaming, Inc. ("Penn" or the "Company") (NASDAQ: PENN) concerning possible violations of federal securities laws and/or breaches of fiduciary duty. On November 4, 2021, an article published by Business Insider reported allegations of extensive sexual misconduct against David Portnoy, the founder of Penn National's partially owned affiliate Barstool
Is MGM Stock A Buy After Topping Earnings Views, Amid Stock Buyback?
Yet, placing a wager on Penn National’s (NASDAQ:PENN) rebound is far from a sure thing. Yes, it does have big exposure to the iGaming (online casinos and sportsbooks) megatrend. Its land-based casinos are also set to recover.
Analyst price target for PENN
MGM Resorts and IAC/InterActive will purchase 4.5 million MGM shares from Corvex Management worth $405 million. Is MGM stock a buy now?
PENN earnings per share forecast
Based on 11 analyst s offering 12 month price targets for Penn National Gaming Inc.
PENN revenue forecast
What is PENN 's earnings per share in the next 3 years based on estimates from 9 analyst s?
PENN earnings growth forecast
What is PENN 's revenue in the next 3 years based on estimates from 8 analyst s?
PENN revenue growth forecast
How is PENN forecast to perform vs Consumer Cyclical companies and vs the US market?
