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 maximum price target given was 26, which equates to a potential upside of 25.36 percent. The most pessimistic analyst gave a price target of 17, which equates to a potential downside of -18.03 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.

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. 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 made negative revisions. 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.

PENN has an estimated earnings growth rate of -28.48 percent as forecasted by analysts. The PEG ratio of a stock is another value frequently studied by investors. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. Many investors consider PEG ratios between 0 and 1 as preferrable, even though it may be more relevant to compare the ratio to that of a firm's competitors. 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. Today's price is 73.85 percent above the 52-week low, and below the high by 6.53 percent. 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 market cap of PENN is $1.94 billion. PENN will post this quarters earnings in days, on 0000-00-00.