Penn Natl Gaming Inc (NASDAQ:PENN) shares traded -0.35% down during most recent session to reach at the closing price of $25.75. The stock exchanged hands 2.51 Million shares versus average trading capacity of 2.32 Million shares, yielding a market cap of $3.06 Billion. Wall Street analysts covering the stock are projecting that the stock will reach $30.55 within the next 52-weeks. The mean target projections are based on 11 opinions.
Taking a broader look brokerage firms’ analysts on the street with an expectant view have Penn Natl Gaming Inc (NASDAQ:PENN) high price target of $36 and with a conservative view have low price target of $23.
Nomura “Upgrades” Penn Natl Gaming Inc (NASDAQ:PENN) in a research note issued to investors on 1/17/19 to Buy with price target of $0.
Additionally on 11/02/18 JP Morgan “Maintained” Penn Natl Gaming Inc (NASDAQ:PENN) to Overweight setting price target at $37 and on 11/02/18 Nomura “Maintained” the stock to Neutral at $30. Furthermore on 7/17/18 Bank of America “Maintained” the stock to Neutral at $38.
On the other hand the company has Relative Strength Index (RSI 14) of 65.9 along with Average True Range (ATR 14) of 0.9, Consequently Penn Natl Gaming Inc (NASDAQ:PENN)’s weekly and monthly volatility is 3.56%, 3.26% respectively. The company’s beta value is at 1.89.
In terms of Buy, Sell or Hold recommendations, Penn Natl Gaming Inc (NASDAQ:PENN) has analysts’ mean recommendation of 2.1. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.
According to analysts Penn Natl Gaming Inc (NASDAQ:PENN)’s minimum EPS for the current quarter is at $-0.44 and can go high up to $-0.05. The consensus mean EPS for the current quarter is at $-0.38 derived from a total of 10 estimates from the analysts who have weighed in on projected earnings. However the company reported $-0.57 earnings per share for the same quarter during last year.
Previously Penn Natl Gaming Inc (NASDAQ:PENN) reported $0.38 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.45 by $-0.07. The company posted an earnings surprise of -15.6%.
Penn Natl Gaming Inc (NASDAQ:PENN)’s revenue estimates for the current quarter are $1.15 Billion according to 11 number of analysts, for the current quarter the company has high revenue estimates of $1.17 Billion in contradiction of low revenue estimates of $1.14 Billion. For the current year the company’s revenue estimates are $3.58 Billion compared to low analyst estimates of $3.53 Billion and high estimates of $3.6 Billion according to 12 number of analysts.
Currently Penn Natl Gaming Inc (NASDAQ:PENN)’s shares owned by insiders are 1.2%, whereas shares owned by institutional owners are 81%. However the six-month change in the insider ownership was recorded 7.2%, as well as three-month change in the institutional ownership was recorded 0.63%.
Penn Natl Gaming Inc (NASDAQ:PENN)’s trailing twelve month revenues are $3.2 Billion, whereas its price to sales ratio for the same period is 0.96. Its book value per share for the most recent quarter is $0.77 while its price to book ratio for the same period is 33.44, as for as the company’s cash per share for the most recent quarter is $2.06, however its price to cash per share ratio for the same period is 12.52. The stock has 5 year expected PEG ratio of 0 whereas its trailing twelve month P/E ratio is 48.13.