Penn National Gaming, Inc. (PENN) Stock Forecast & Predictions

Penn National Gaming, Inc. PENN: $44.45

, , , . | Sector: Arts, Entertainment, and Recreation | Exchange: NASDAQ | Web: www.pngaming.com

  • Market Cap$7.53B
  • Change (52 Weeks)-55.15%
  • Low (52 Weeks)$43.36
  • Penn National Gaming, Inc. (PENN) Stock Forecast By Analysts


    Strong Buy
    Analysts Recommendations for Penn National Gaming, Inc. (PENN) is based on 26 Institutional Analyst Ratings where 50.00% are on Strong Buy, 15.38% on Moderate Buy, 30.77% remains on Hold, 0.00% are on Moderate Sell and 3.85% are on Strong Sell.

    Out of 26 Institutional Analysts, majority recommended PENN stock as Strong Buy. Since most investors and traders follow analyst ratings closely, this can be a potentially driving factor for the future stock price of Penn National Gaming, Inc..

    Penn National Gaming, Inc. (PENN) Stock Price Prediction By Analysts


    HighLowAverage
    $134.40$38.38$79.11
    $79.1177.98% Upside
    Updated: 2022-01-13 00:00:00

    The Average Price target for PENN set by the institutional analysts is $79.11 where High Estimate is $134.40, Median $75.99 and Low $38.38.

    The average price target for PENN by Institutional Analysts is $79.11, which is 77.98% Upside from the current price. So according to the Institutional Analysts, PENN Stock might be a bit undervalued at this stage and there’s potential for upside.

    However, although Institutional Analysts set their price targets after extensive research, they’re not always correct. After all, the market is mostly driven by investors speculation and emotion than just concrete numbers.

    Penn National Gaming, Inc. (PENN) Stock Forecasts By Institutional Analysts


    Analyst
    Recommendation
    Action
    Wells FargoEqual-WeightMaintained
    Deutsche BankHoldUpgraded
    Morgan StanleyEqual-WeightMaintained
    JefferiesHoldMaintained
    Credit SuisseOutperformMaintained
    Goldman SachsBuyMaintained
    BerenbergBuyInitiated
    Roth CapitalBuyInitiated
    Wells FargoEqual-WeightInitiated
    NeedhamBuyMaintained
    Goldman SachsBuyMaintained
    NeedhamBuyInitiated
    Goldman SachsBuyMaintained
    Goldman SachsBuyMaintained
    JP MorganOverweightMaintained
    Truist SecuritiesBuyMaintained
    RosenblattBuyMaintained
    Piper SandlerOverweightMaintained
    Morgan StanleyEqual-WeightMaintained
    StifelBuyMaintained
    Morgan StanleyEqual-WeightMaintained
    Credit SuisseOutperformInitiated
    Loop CapitalSellDowngraded
    KeyBancSector WeightInitiated
    Piper SandlerOverweightInitiated
    Loop CapitalHoldInitiated
    Morgan StanleyEqual-WeightMaintained
    RosenblattBuyMaintained
    MacquarieNeutralDowngraded
    B of A SecuritiesBuyMaintained
    RosenblattBuyInitiated
    Bank of AmericaBuyReiterated
    Morgan StanleyEqual-WeightDowngraded
    Truist SecuritiesBuyMaintained
    Goldman SachsBuyInitiated
    Morgan StanleyOverweightMaintained
    SunTrust Robinson HumphreyBuyMaintained
    Morgan StanleyOverweightMaintained
    Deutsche BankSellDowngraded
    Nomura InstinetBuyMaintained
    Morgan StanleyOverweightMaintained
    SunTrust Robinson HumphreyBuyMaintained
    Morgan StanleyOverweightMaintained
    SunTrust Robinson HumphreyBuyMaintained
    Deutsche BankHoldMaintained
    SunTrust Robinson HumphreyBuyMaintained
    SusquehannaPositiveMaintained
    Morgan StanleyOverweightMaintained
    NomuraBuyMaintained
    Deutsche BankHoldDowngraded
    Morgan StanleyOverweightMaintained
    JP MorganOverweightMaintained
    JefferiesHoldDowngraded
    Union GamingBuyUpgraded
    Morgan StanleyOverweightUpgraded
    NomuraBuyUpgraded
    NomuraNeutralMaintained
    JP MorganOverweightMaintained
    Bank of AmericaNeutralMaintained
    Morgan StanleyEqual-WeightMaintained
    NomuraNeutralMaintained
    Morgan StanleyEqual-WeightMaintained
    Morgan StanleyEqual-WeightMaintained
    Telsey Advisory GroupOutperformInitiated
    Morgan StanleyEqual-WeightMaintained
    Deutsche BankBuyMaintained
    JefferiesBuyInitiated
    BarclaysOverweightMaintained
    Telsey Advisory GroupMarket PerformDowngraded
    Morgan StanleyEqual-WeightMaintained
    SunTrust Robinson HumphreyHoldInitiated
    JP MorganNeutralDowngraded
    Deutsche BankBuyMaintained
    MacquarieOutperformUpgraded
    Morgan StanleyEqual-WeightUpgraded
    Stifel NicolausBuyMaintained
    Telsey Advisory GroupMarket PerformUpgraded
    SusquehannaPositiveMaintained
    Deutsche BankBuyMaintained
    BarclaysOverweightMaintained
    JP MorganOverweightMaintained
    Goldman SachsBuyUpgraded
    SusquehannaPositiveMaintained
    JP MorganOverweightUpgraded
    Union Gaming ResearchHoldInitiated
    Bank of AmericaBuyUpgraded
    Stifel NicolausBuyMaintained
    BarclaysOverweightMaintained
    Deutsche BankBuyMaintained
    JP MorganNeutralMaintained
    Stifel NicolausBuyMaintained
    Credit SuisseOutperformMaintained
    BarclaysOverweightMaintained
    Morgan StanleyUnderweightDowngraded
    Bank of AmericaUnderperformMaintained
    FBR CapitalOutperformMaintained
    Deutsche BankBuyMaintained
    Deutsche BankBuyMaintained
    BarclaysOverweightUpgraded
    FBR CapitalOutperformUpgraded
    Bank of AmericaUnderperformMaintained
    Bank of AmericaUnderperformDowngraded
    Deutsche BankBuyMaintained
    Wells FargoOutperformUpgraded
    JP MorganNeutralDowngraded
    FBR CapitalMarket PerformInitiated
    BarclaysEqual-WeightDowngraded
    RBC CapitalSector PerformDowngraded
    SusquehannaPositiveUpgraded
    NomuraNeutralMaintained
    Imperial CapitalOutperformMaintained
    Morgan StanleyEqual-WeightDowngraded
    Stifel NicolausBuyMaintained
    Sterne AgeeBuyMaintained
    NomuraNeutralMaintained
    Credit SuisseOutperformMaintained
    SusquehannaNeutralDowngraded
    Deutsche BankBuyMaintained
    Stifel NicolausBuyMaintained
    LazardNeutralDowngraded
    ISI GroupHoldMaintained
    Goldman SachsNeutralUpgraded
    ISI GroupHoldMaintained
    Deutsche BankBuyMaintained
    Imperial CapitalOutperformUpgraded
    Goldman SachsSellMaintained
    BarclaysOverweightMaintained
    ISI GroupHoldInitiated
    ISI GroupHoldInitiated
    TopekaSellMaintained
    Goldman SachsSellMaintained
    BarclaysOverweightMaintained
    KeyBancHoldDowngraded
    RBC CapitalOutperformInitiated
    TopekaSellDowngraded
    Stifel NicolausBuyMaintained
    Sterne AgeeBuyMaintained
    Deutsche BankBuyMaintained

    Penn National Gaming, Inc. (PENN) Stock Earning Per Share (EPS) Forecast / Estimate


    $0.476
    The average consensus EPS for PENN is $0.476 with a high estimate of $0.831 and Low of $0.216 for the period 2022-03-31 and based on 16 Institutional Analysts.

    Last Quarter


    Actual
    Estimate
    Date
    $0.52$0.90622021-09-30


    Earning Per Share (EPS) History


    Actual
    Estimate
    Date
    $$0.55292021-12-31
    $0.52$0.90622021-09-30
    $1.17$0.93532021-06-30
    $0.55$0.29672021-03-31
    $0.07$0.24062020-12-31
    $0.93$0.53672020-09-30
    $-1.69$-2.15162020-06-30
    $-4.42$-0.09012020-03-31
    $0.7$0.37652019-12-31
    $0.38$0.44372019-09-30
    $0.44$0.35472019-06-30
    $0.35$0.38572019-03-31
    $-0.37$-0.37022018-12-31
    $0.38$0.45372018-09-30
    $0.57$0.51992018-06-30
    $0.48$0.42612018-03-31
    $-0.57$0.18122017-12-31
    $0.25$0.21742017-09-30
    $0.23$0.26322017-06-30
    $0.06$0.08492017-03-31
    $0.05$-0.14352016-12-31
    $0.51$0.28792016-09-30
    $0.4$0.29282016-06-30
    $0.26$0.23142016-03-31
    $-0.11$0.06892015-12-31
    $0.05$0.1962015-09-30
    $0.19$0.13862015-06-30
    $0.12$0.10882015-03-31
    $-3.18$-0.02242014-12-31
    $0.1$0.05562014-09-30
    $0.04$0.07572014-06-30
    $0.05$0.04822014-03-31
    $3.89$0.11612013-12-31
    $0.4$0.47082013-09-30
    $0.82$0.63482013-06-30
    $0.69$0.66162013-03-31
    $0.28$0.48772012-12-31
    $0.57$0.5642012-09-30
    $0.62$0.64532012-06-30
    $0.74$0.60812012-03-31

    What is Analyst Ratings & Price Targets?

    The analysts provide Buy, Sell or Hold ratings after extensive research of a companies financial reports, listening to conference calls and some of them even get in contact with upper management of the company to get an overall picture of operation.

    Although institutional Analyst’s are not always correct, their ratings are followed by millions of traders around the world and they can heavily influence trading activities for a company.

    As a retail investor, going through analyst ratings will instantly provide you an idea if the stock is worth buying. Top Analysts also provide their price targets. It’s a prediction of where the stock price might go based on their analysis.

    The best way to analyze price targets is to combined average price targets of major analysts. If the average price target is much higher than the current price of the stock, then the probability of a stock going up is also high.

    What is Technical Analysis?

    Technical Analysis refers to analyzing a stock's price over a period of time. In the financial market, past price patterns are one of the strongest indicators of an asset's future performance.

    In easier terms, millions of traders use Live Charts to watch the stock prices, it is actually a single source of truth for most traders. When a stock's price reaches a significant price level/pattern in the chart, millions of traders take buy/sell positions from those levels.

    As a regular investor, one of the easiest ways to check technical analysis of a stock is through Technical Indicators. Technical Indicators are programmed algorithms that monitor price changes in the Charts and indicate Buy/Sell based on market conditions.

    Some Technical Indicators can be very powerful (e.g SMA) and some can be pretty useless. Stock research tools like iTradely heavily simplify the technical analysis process for the investors by showing Buy/Sell/Neutral ratings combined from 17 powerful technical indicators, all in one page.

    What is Earnings Per Share (EPS) and Why is it Important?

    EPS, or Earning Per Share, can tell a lot about a stock’s performance. It’s calculated by dividing a company’s profit by the number of outstanding shares of its common stocks.

    In layman’s term, earnings is an indicator of a company’s profitability. Higher the earnings, the more profitable a company is.
    Some traders pick stocks solely based on EPS or earnings Analysis, it is a very powerful indicator of a stock’s price.

    Before you buy a stock, check the company’s earnings History and Surprises. A Surprise happens when a company reports a much higher or lower actual earnings/EPS than the forecasted earnings/EPS.

    If a company reports higher EPS surprises consistently, analysts keep raising their estimates, traders become more confident in the company, driving the share price higher.

    What is Stock Sentiment?

    Stock Sentiment refers to how people speculating about the stock or what kind of trading position investors are often taking.

    There are different kinds of sentiments you can find online for a company, this includes Investor Sentiment (Percentage of investors buying or selling), News Sentiment (Is the company getting positive or negative impressions from the Press?), Social Sentiment (The overall trends about the company in social media, is it negative or positive?).