Penn National Gaming Stock Today

PENN Stock  USD 20.49  0.27  1.34%   

Performance

5 of 100

 
Weak
 
Strong
Modest

Odds Of Distress

Less than 37

 
High
 
Low
Below Average
Penn National is selling at 20.49 as of the 10th of November 2024; that is 1.34 percent increase since the beginning of the trading day. The stock's open price was 20.22. Penn National has about a 37 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Note, on July 8, 2024, Representative Ro Khanna of US Congress acquired under $15k worth of Penn National Gaming's common stock.
Business Domain
Consumer Services
IPO Date
26th of May 1994
Category
Consumer Cyclical
Classification
Consumer Discretionary
PENN Entertainment, Inc., together with its subsidiaries, provides integrated entertainment, sports content, and casino gaming experiences in North America. PENN Entertainment, Inc. was founded in 1972 and is based in Wyomissing, Pennsylvania. Penn Entertainment operates under Resorts Casinos classification in the United States and is traded on NASDAQ Exchange. The company has 152.16 M outstanding shares of which 20.11 M shares are at this time shorted by private and institutional investors with about 6.39 trading days to cover. More on Penn National Gaming

Penn Stock Highlights

ESG Sustainability
Environmental
Governance
Social
PresidentChristine LaBombard
Thematic IdeaCasinos (View all Themes)
Business ConcentrationHotels, Restaurants & Leisure, Consumer Services, Consumer Discretionary, NASDAQ Composite, SP Small-Cap 600, Casinos, Consumer Discretionary, Hotels, Restaurants & Leisure, Resorts & Casinos, Consumer Cyclical (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.380.3961
Sufficiently Down
Slightly volatile
Gross Profit Margin0.330.3028
Significantly Up
Very volatile
Net Debt3.1 B1.7 B
Way Up
Slightly volatile
Total Current Liabilities1.6 B1.5 B
Sufficiently Up
Slightly volatile
Non Current Liabilities Total11.9 B11.4 B
Sufficiently Up
Slightly volatile
Total Assets16.9 B16.1 B
Sufficiently Up
Slightly volatile
Total Current Assets1.7 B1.7 B
Sufficiently Up
Slightly volatile
Total Cash From Operating Activities333 M455.9 M
Way Down
Slightly volatile
Debt Levels
Penn National can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Penn National's financial leverage. It provides some insight into what part of Penn National's total assets is financed by creditors.
Liquidity
Penn National Gaming currently holds 2.77 B in liabilities with Debt to Equity (D/E) ratio of 3.45, implying the company greatly relies on financing operations through barrowing. Penn National Gaming has a current ratio of 1.86, which is within standard range for the sector. Note, when we think about Penn National's use of debt, we should always consider it together with its cash and equity.

Other Non Cash Items

890.61 Million
Penn National Gaming (PENN) is traded on NASDAQ Exchange in USA. It is located in 825 Berkshire Blvd., Wyomissing, PA, United States, 19610 and employs 23,333 people. Penn National is listed under Hotels, Restaurants & Leisure category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 3.13 B. Penn National Gaming conducts business under Hotels, Restaurants & Leisure sector and is part of Consumer Discretionary industry. The entity has 152.16 M outstanding shares of which 20.11 M shares are at this time shorted by private and institutional investors with about 6.39 trading days to cover. Penn National Gaming currently holds about 1.71 B in cash with 455.9 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 10.93.
Check Penn National Probability Of Bankruptcy
Ownership Allocation
The majority of Penn National Gaming outstanding shares are owned by third-party entities. These institutional holders are usually referred to as non-private investors looking to secure positions in Penn National Gaming to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Penn National. Please pay attention to any change in the institutional holdings of Penn National Gaming as this could imply that something significant has changed or is about to change at the company. On July 8, 2024, Representative Ro Khanna of US Congress acquired under $15k worth of Penn National Gaming's common stock.
Check Penn Ownership Details

Penn Stock Institutional Holders

InstituionRecorded OnShares
Goldman Sachs Group Inc2024-06-30
2.8 M
Armistice Capital, Llc2024-06-30
2.6 M
Geode Capital Management, Llc2024-06-30
2.5 M
Sei Investments Co2024-06-30
2.5 M
Newedge Wealth, Llc2024-06-30
1.9 M
Point72 Asset Management, L.p.2024-06-30
1.5 M
Northwestern Mutual Wealth Management Co2024-06-30
1.5 M
Hsbc Holdings Plc2024-06-30
1.5 M
Assenagon Asset Management Sa2024-09-30
1.4 M
Blackrock Inc2024-06-30
18.1 M
Vanguard Group Inc2024-06-30
16.5 M
View Penn National Diagnostics

Penn National Historical Income Statement

At this time, Penn National's Selling General Administrative is very stable compared to the past year. As of the 10th of November 2024, Net Income Applicable To Common Shares is likely to grow to about 209.9 M, while Gross Profit is likely to drop about 1 B. View More Fundamentals

Penn Stock Against Markets

Penn National Corporate Management

Todd GeorgeExecutive OperationsProfile
Richard PrimusSenior OfficerProfile
Aaron RosenthalSenior OperationsProfile
Eric SchippersSenior FoundationProfile
Benjamin LevyHead InteractiveProfile
Jennifer WeissmanSenior OfficerProfile
When determining whether Penn National Gaming offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Penn National's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Penn National Gaming Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Penn National Gaming Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Penn National Gaming. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
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Is Hotels, Restaurants & Leisure space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Penn National. If investors know Penn will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Penn National listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
2.089
Earnings Share
(3.52)
Revenue Per Share
41.491
Quarterly Revenue Growth
0.012
Return On Assets
0.002
The market value of Penn National Gaming is measured differently than its book value, which is the value of Penn that is recorded on the company's balance sheet. Investors also form their own opinion of Penn National's value that differs from its market value or its book value, called intrinsic value, which is Penn National's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Penn National's market value can be influenced by many factors that don't directly affect Penn National's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Penn National's value and its price as these two are different measures arrived at by different means. Investors typically determine if Penn National is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Penn National's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.