PENN Entertainment (PENN) Expected to Announce Earnings on Thursday

PENN Entertainment (NASDAQ:PENN) is projected to announce its earnings results before the market opens on Thursday, February 27th. Analysts expect the company to announce earnings of ($0.41) per share and revenue of $1.67 billion for the quarter. Investors interested in listening to the company’s conference call can do so using this link.

PENN Entertainment Stock Performance

NASDAQ PENN opened at $20.37 on Wednesday. The company has a current ratio of 0.94, a quick ratio of 0.94 and a debt-to-equity ratio of 2.34. The business’s 50 day moving average is $20.12 and its two-hundred day moving average is $19.73. PENN Entertainment has a 12-month low of $13.50 and a 12-month high of $23.08. The stock has a market capitalization of $3.11 billion, a price-to-earnings ratio of -5.74, a PEG ratio of 1.55 and a beta of 2.09.

Analyst Ratings Changes

Several brokerages have recently commented on PENN. Macquarie boosted their price target on PENN Entertainment from $26.00 to $27.00 and gave the stock an “outperform” rating in a research note on Friday, November 8th. StockNews.com lowered PENN Entertainment from a “hold” rating to a “sell” rating in a research note on Friday, January 17th. Jefferies Financial Group upped their target price on PENN Entertainment from $21.00 to $22.00 and gave the company a “hold” rating in a research note on Friday, January 3rd. Needham & Company LLC reaffirmed a “buy” rating and issued a $26.00 target price on shares of PENN Entertainment in a research note on Friday, November 8th. Finally, Stifel Nicolaus boosted their price target on PENN Entertainment from $20.00 to $21.00 and gave the company a “hold” rating in a report on Tuesday, February 11th. One equities research analyst has rated the stock with a sell rating, nine have given a hold rating and nine have issued a buy rating to the company’s stock. According to data from MarketBeat, PENN Entertainment currently has a consensus rating of “Hold” and a consensus target price of $23.50.

PENN Entertainment Company Profile

PENN Entertainment, Inc, together with its subsidiaries, provides integrated entertainment, sports content, and casino gaming experiences. The company operates through five segments: Northeast, South, West, Midwest, and Interactive. It operates online sports betting in various jurisdictions; and iCasino under Hollywood Casino, L'Auberge, ESPN BET, and theScore Bet Sportsbook and Casino brands.