PENN Entertainment Inc [NASDAQ: PENN] price surged by 0.15 percent to reach at $0.03.
The one-year PENN stock forecast points to a potential upside of 11.27. The average equity rating for PENN stock is currently 2.19, trading closer to a bullish pattern in the stock market.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Guru’s Opinion on PENN Entertainment Inc [PENN]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for PENN shares is $22.62 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on PENN stock is a recommendation set at 2.19. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Raymond James have made an estimate for PENN Entertainment Inc shares, keeping their opinion on the stock as Mkt Perform, with their previous recommendation back on June 25, 2024. The new note on the price target was released on June 21, 2024, representing the official price target for PENN Entertainment Inc stock. Previously, the target price had yet another raise to $20, while Raymond James analysts kept a Outperform rating on PENN stock. On May 13, 2024, analysts decreased their price target for PENN shares from 28 to 17.50.
The Average True Range (ATR) for PENN Entertainment Inc is set at 0.94, with the Price to Sales ratio for PENN stock in the period of the last 12 months amounting to 0.49. The Price to Book ratio for the last quarter was 0.99, with the Price to Cash per share for the same quarter was set at 6.08.
PENN Stock Performance Analysis:
PENN Entertainment Inc [PENN] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 6.70. With this latest performance, PENN shares gained by 16.96% in over the last four-week period, additionally sinking by -20.92% over the last 6 months – not to mention a drop of -22.60% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for PENN stock in for the last two-week period is set at 61.97, with the RSI for the last a single of trading hit 65.09, and the three-weeks RSI is set at 59.70 for PENN Entertainment Inc [PENN]. The present Moving Average for the last 50 days of trading for this stock 17.27, while it was recorded at 19.71 for the last single week of trading, and 20.31 for the last 200 days.
Insight into PENN Entertainment Inc Fundamentals:
PENN Entertainment Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.04 and a Current Ratio set at 1.04.
PENN Stock EPS
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for PENN. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for PENN Entertainment Inc go to 9.09%.
PENN Entertainment Inc [PENN] Institutonal Ownership Details
The top three institutional holders of PENN stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.5034%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $178.43 billion in PENN stocks shares; and BERKSHIRE HATHAWAY INC, currently with $135.36 billion in PENN stock with ownership which is approximately 5.1238%.