Currently, there are 152.16M common shares owned by the public and among those 150.47M shares have been available to trade.
The company’s stock has a 5-day price change of 5.38% and 7.10% over the past three months. PENN shares are trading -0.25% year to date (YTD), with the 12-month market performance down to -17.62% lower. It has a 12-month low price of $13.50 and touched a high of $24.57 over the same period. PENN has an average intraday trading volume of 3.10 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 3.74%, -0.71%, and 6.37% respectively.
Institutional ownership of PENN Entertainment Inc (NASDAQ: PENN) shares accounts for 99.35% of the company’s 152.16M shares outstanding.
It has a market capitalization of $3.02B and a beta (3y monthly) value of 2.09. The earnings-per-share (ttm) stands at -$3.54. Price movements for the stock have been influenced by the stock’s volatility, which stands at 6.51% over the week and 5.58% over the month.
Earnings per share for the fiscal year are expected to increase by 53.70%, and 144.11% over the next financial year.
Looking at the support for the PENN, a number of firms have released research notes about the stock. JP Morgan stated their Overweight rating for the stock in a research note on December 13, 2024, with the firm’s price target at $27. BofA Securities coverage for the PENN Entertainment Inc (PENN) stock in a research note released on November 13, 2024 offered a Neutral rating with a price target of $22. Raymond James was of a view on June 25, 2024 that the stock is Mkt Perform, while Craig Hallum gave the stock Buy rating on June 21, 2024, issuing a price target of $30. Raymond James on their part issued Outperform rating on May 21, 2024.
