Analyst Ratings for Penn National Gaming Inc. (PENN)

Updated: 2017-07-27

Shares of Penn National Gaming Inc. (NASDAQ:PENN) have received a consensus rating of Overweight from Wall Street analysts. PENN had previously received a consensus rating of Overweight a month ago.

Of the 12 analysts covering the stock, 7 gave it a buy rating, 0 issued an overweight rating, 5 issued a hold rating, 0 issued an underweight rating, and 0 issued a sell rating. Today, there are 2 more analysts optimistic about the company future as compared with 90 days ago. Meanwhile, the number of analysts pessimistic about the company has increased by 0.

A number of analysts gave price targets for PENN. The highest price target was 26, implying a possible profit of 25.36 percent. The minimum price target given was 17, implying potential capital losses of -18.03 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.

Analysts have revised their earnings estimates upwards for this quarter, by about 15.51 percent on average, compared to last month. That number becomes 21.2 percent if we expand the time horizon to include the past 3 months instead of just one. On the other hand, earnings estimates for the fiscal year have been revised upwards by 6.41 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 25.05 percent.

People are often interested in whether analysts were united in the direction of their revisions. 3 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts revised their estimates downwards. During this time, 3 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 0 analysts that revised their FY estimates downwards.

Analysts estimate earnings of PENN to grow at a rate of -28.48 percent. Another measure frequently examined by investors is the PEG ratio. Smaller PEG ratios are desirable, as that can indicate whether the high price level of a stock is warranted by high growth. People often look for the PEG ratio to be under 1, though it could be better to see where the ratio stands relative to peers in the industry. PENN has a PEG ratio of -0.78.

PENN has traded between a high of 22.19 and a low of 11.93 over the past year. The current market price is above the trailing year's low by 73.85 percent, and 6.53 percent below the high. PENN has a P/E ratio of 22.35. Investors typically compare the P/E ratio to a company's peers in the industry. The PENN value stock report compares PENN to some of its peers using value stock charts. The stock has a market capitalization of $1.94 billion. PENN's next earnings release will be on 0000-00-00, which is days away.