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Penn National Gaming, Inc is a resorts & casinos business based in the US. Penn National Gaming shares (PENN) are listed on the NASDAQ and all prices are listed in US Dollars. Penn National Gaming employs 13,000 staff and has a trailing 12-month revenue of around USD$4.1 billion.
Since the stock market crash in March caused by coronavirus, Penn National Gaming's share price has had significant positive movement.
Its last market close was USD$70.91, which is 46.68% up on its pre-crash value of USD$37.81 and 1,790.93% up on the lowest point reached during the March crash when the shares fell as low as USD$3.75.
If you had bought USD$1,000 worth of Penn National Gaming shares at the start of February 2020, those shares would have been worth USD$327.61 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth USD$2,370.52.
|Latest market close||USD$70.91|
|52-week range||USD$3.75 - USD$76.62|
|50-day moving average||USD$66.2911|
|200-day moving average||USD$39.9096|
|Wall St. target price||USD$74.14|
|Dividend yield||N/A (0%)|
|Earnings per share (TTM)||USD$0.801|
The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
|1 week (2020-10-15)||2.26%|
|1 month (2020-09-22)||-4.64%|
|3 months (2020-07-22)||97.36%|
|6 months (2020-04-22)||433.96%|
|1 year (2019-10-22)||241.41%|
|2 years (2018-10-22)||163.51%|
|3 years (2017-10-20)||182.17%|
|5 years (2015-10-22)||322.84%|
Valuing Penn National Gaming stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Penn National Gaming's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Penn National Gaming's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 77x. In other words, Penn National Gaming shares trade at around 77x recent earnings.
That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.
Penn National Gaming's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$641.3 million.
The EBITDA is a measure of a Penn National Gaming's overall financial performance and is widely used to measure a its profitability.
|Revenue TTM||USD$4.1 billion|
|Operating margin TTM||6.06%|
|Gross profit TTM||USD$2.4 billion|
|Return on assets TTM||1.09%|
|Return on equity TTM||-51.36%|
|Market capitalisation||USD$10.1 billion|
TTM: trailing 12 months
There are currently 16.8 million Penn National Gaming shares held short by investors – that's known as Penn National Gaming's "short interest". This figure is 20.4% up from 14.0 million last month.
There are a few different ways that this level of interest in shorting Penn National Gaming shares can be evaluated.
Penn National Gaming's "short interest ratio" (SIR) is the quantity of Penn National Gaming shares currently shorted divided by the average quantity of Penn National Gaming shares traded daily (recently around 11.9 million). Penn National Gaming's SIR currently stands at 1.41. In other words for every 100,000 Penn National Gaming shares traded daily on the market, roughly 1410 shares are currently held short.
However Penn National Gaming's short interest can also be evaluated against the total number of Penn National Gaming shares, or, against the total number of tradable Penn National Gaming shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Penn National Gaming's short interest could be expressed as 0.11% of the outstanding shares (for every 100,000 Penn National Gaming shares in existence, roughly 110 shares are currently held short) or 0.1191% of the tradable shares (for every 100,000 tradable Penn National Gaming shares, roughly 119 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Penn National Gaming.
Find out more about how you can short Penn National Gaming stock.
We're not expecting Penn National Gaming to pay a dividend over the next 12 months.
Penn National Gaming's shares were split on a 4423:1000 basis on 4 November 2013. So if you had owned 1000 shares the day before before the split, the next day you'd have owned 4423 shares. This wouldn't directly have changed the overall worth of your Penn National Gaming shares – just the quantity. However, indirectly, the new 77.4% lower share price could have impacted the market appetite for Penn National Gaming shares which in turn could have impacted Penn National Gaming's share price.
Over the last 12 months, Penn National Gaming's shares have ranged in value from as little as $3.75 up to $76.62. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Penn National Gaming's is 2.5924. This would suggest that Penn National Gaming's shares are significantly more volatile than the average for this exchange and represent a higher risk.
Penn National Gaming, Inc., together with its subsidiaries, owns and manages gaming and racing properties, and operates video gaming terminals with a focus on slot machine entertainment. The company operates through four segments: Northeast, South, West, and Midwest. It also offers live sports betting at its properties in Indiana, Iowa, Mississippi, Nevada, Pennsylvania, and West Virginia; and operates online casino under the name of iCasino in Pennsylvania. As of March 16, 2020, the company owned, managed, or had ownership interests in 41 gaming and racing properties in 19 jurisdictions. It owns various trademarks and service marks, including, Ameristar, Argosy, Boomtown, Greektown, Hollywood Casino, Hollywood Gaming, Hollywood Poker, L'Auberge, M Resort, and MYCHOICE. The company was formerly known as PNRC Corp. and changed its name to Penn National Gaming, Inc. in 1994. Penn National Gaming, Inc. was founded in 1972 and is based in Wyomissing, Pennsylvania.
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