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.

Several price targets were given for PENN by the analysts covering the stock. The most optimistic price target was 26, implying a possible profit of 25.36 percent. The lowest price target was 17, which equates to a potential downside of -18.03 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 15.51 percent. The average change in earnings estimates over the last 90 days is 21.2 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 6.41 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of 25.05 percent in FY estimates.

Another thing investors often look at is the level of agreement among analysts' revisions. 3 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts made negative revisions. Over the same time period, 3 analysts revised their FY earnings estimates upwards, while 0 analysts made negative revisions to their fiscal year's estimates.

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. Many investors consider PEG ratios between 0 and 1 as preferrable, but many choose to perform ratio comparisons with other companies in the industry. PENN has a PEG ratio of -0.78.

In the trailing 52-weeks, PENN hit 22.19 at the highest peak, while it's lowest trading point was 11.93. 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 price/earnings 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.