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.

Investment analysts gave a few price targets for PENN. The most optimistic price target was 26, which equates to a potential upside of 25.36 percent. The minimum price target given was 17, implying a possible loss 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. This can be compared with the average change in earnings estimates over the past 3 months, which 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.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the 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, 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. People on Wall Street often look at a company's PEG ratio. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. People often look for the PEG ratio to be under 1, although it is frequently more appropriate to compare PEG ratios to the company's peers. The PEG ratio of PENN is -0.78.

PENN has a 52-week high of 22.19 and a 52-week low of 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 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.