PENN Entertainment Inc (PENN) concluded trading on Wednesday at a closing price of $18.29, with 6.52 million shares of worth about $119.34 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -8.87% during that period and on January 08, 2025 the price saw a loss of about -3.74%. Currently the company’s common shares owned by public are about 152.16M shares, out of which, 150.90M shares are available for trading.
Stock saw a price change of -7.72% in past 5 days and over the past one month there was a price change of -11.81%. Year-to-date (YTD), PENN shares are showing a performance of -7.72% which decreased to -27.94% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $13.50 but also hit the highest price of $25.53 during that period. The average intraday trading volume for PENN Entertainment Inc shares is 2.92 million. The stock is currently trading -3.87% below its 20-day simple moving average (SMA20), while that difference is down -8.30% for SMA50 and it goes to -1.48% lower than SMA200.
PENN Entertainment Inc (NASDAQ: PENN) currently have 152.16M outstanding shares and institutions hold larger chunk of about 99.32% of that.
The stock has a current market capitalization of $2.79B and its 3Y-monthly beta is at 2.09. It has posted earnings per share of -$3.54 in the same period. It has Quick Ratio of 0.94 while making debt-to-equity ratio of 3.69. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for PENN, volatility over the week remained 5.12% while standing at 5.31% over the month.
Stock’s fiscal year EPS is expected to rise by 54.01% while it is estimated to increase by 144.42% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by JP Morgan on December 13, 2024 offering an Overweight rating for the stock and assigned a target price of $27 to it. Coverage by BofA Securities stated PENN Entertainment Inc (PENN) stock as a Neutral in their note to investors on November 13, 2024, suggesting a price target of $22 for the stock. On June 25, 2024, Raymond James Downgrade their recommendations, while on June 21, 2024, Craig Hallum Upgrade their ratings for the stock with a price target of $30. Stock get an Outperform rating from Raymond James on May 21, 2024.
