Penn National Gaming Inc. (NASDAQ:PENN) went up by 1.88% from its latest closing price compared to the recent 1-year high of $76.62. The company’s stock price has collected 15.77% of gains in the last five trading sessions. Barron’s reported 11 hours ago that What the Philadelphia Eagles Deal Means for DraftKings Stock
Is It Worth Investing in Penn National Gaming Inc. (NASDAQ :PENN) Right Now?
Plus, the 36-month beta value for PENN is at 2.50. Opinions of the stock are interesting as 9 analysts out of 14 who provided ratings for Penn National Gaming Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 4 rated it as “hold,” and 1 as “sell.”
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The average price from analysts is $73.46, which is -$11.43 below the current price. PENN currently public float of 129.93M and currently shorts hold a 10.75% ratio of that float. Today, the average trading volume of PENN was 9.90M shares.
PENN’s Market Performance
PENN stocks went up by 15.77% for the week, with a monthly jump of 27.86% and a quarterly performance of 139.48%, while its annual performance rate touched 298.12%. The volatility ratio for the week stands at 7.79% while the volatility levels for the past 30 days are set at 8.50% for Penn National Gaming Inc.. The simple moving average for the period of the last 20 days is 13.24% for PENN stocks with a simple moving average of 130.66% for the last 200 days.
Analysts’ Opinion of PENN
Many brokerage firms have already submitted their reports for PENN stocks, with Rosenblatt repeating the rating for PENN by listing it as a “Buy.” The predicted price for PENN in the upcoming period, according to Rosenblatt is $90 based on the research report published on September 30th of the current year 2020.
Macquarie, on the other hand, stated in their research note that they expect to see PENN reach a price target of $66, previously predicting the price at $56. The rating they have provided for PENN stocks is “Neutral” according to the report published on September 24th, 2020.
Stifel gave a rating of “Buy” to PENN, setting the target price at $85 in the report published on September 17th of the current year.
PENN Trading at 37.17% from the 50-Day Moving Average
After a stumble in the market that brought PENN to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -3.33% of loss for the given period.
Volatility was left at 8.50%, however, over the last 30 days, the volatility rate increased by 7.79%, as shares surge +28.75% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +106.15% upper at present.
During the last 5 trading sessions, PENN rose by +15.77%, which changed the moving average for the period of 200-days by +194.16% in comparison to the 20-day moving average, which settled at $66.24. In addition, Penn National Gaming Inc. saw 189.79% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at PENN starting from SHATTUCK KOHN BARBARA, who sale 10,000 shares at the price of $69.57 back on Sep 21. After this action, SHATTUCK KOHN BARBARA now owns 46,581 shares of Penn National Gaming Inc., valued at $695,671 using the latest closing price.
Reibstein Saul, the Director of Penn National Gaming Inc., sale 20,000 shares at $69.55 during a trade that took place back on Sep 21, which means that Reibstein Saul is holding 34,181 shares at $1,391,000 based on the most recent closing price.
Stock Fundamentals for PENN
Current profitability levels for the company are sitting at:
- +14.13 for the present operating margin
- +36.46 for the gross margin
The net margin for Penn National Gaming Inc. stands at +0.83. The total capital return value is set at 6.38, while invested capital returns managed to touch 0.38. Equity return is now at value -53.40, with -6.10 for asset returns.
Based on Penn National Gaming Inc. (PENN), the company’s capital structure generated 611.45 points at debt to equity in total, while total debt to capital is 85.94. Total debt to assets is 73.64, with long-term debt to equity ratio resting at 598.82. Finally, the long-term debt to capital ratio is 84.17.
Currently, EBITDA for the company is -43.80M with total debt to EBITDA at 5.34. When we switch over and look at the enterprise to sales, we see a ratio of 2.62, with the company’s debt to enterprise value settled at 0.82. The receivables turnover for the company is 54.22 and the total asset turnover is 0.37. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.71.