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.

Many analysts weighed in on price targets for PENN. The most optimistic price target was 26, implying a possible profit of 25.36 percent. The lowest price target was 17, implying potential capital losses of -18.03 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.

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. Meanwhile, fiscal year estimates have been revised upwards by 6.41 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 25.05 percent.

Another thing investors often look at is the level of agreement among analysts' revisions. 3 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts made negative revisions. During this time, 3 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts decreased their estimates.

The growth rate of PENN's earnings is estimated by analysts to be -28.48 percent. Another measure frequently examined by investors is the PEG ratio. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. People often look for the PEG ratio to be under 1, 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. Currently the stock is 73.85 percent higher than its low, 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 market cap of PENN is $1.94 billion. PENN's next earnings release will be on 0000-00-00, which is days away.