Penn National Gaming (PENN) Stock Forecast for 2024–2028. Sell or Buy Prediction







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Penn National Gaming (PENN) Stock Forecast for 2024–2028. Sell or Buy?

Updated: May 30, 2024 (19:00)

Sector: Consumer cyclical

The share price of Penn National Gaming, Inc. (PENN) now

Latest session on the 30th of May for
Penn National Gaming, Inc. is negative
Trading Volume: 4825216
Open: 15.16 /  High: 15.26 /  Low: 14.461
What analysts predict: $23.31
52-week High/Low: $29.38 / $13.5

50/200 Day Moving Average: $16.74 / $21.02

This figure corresponds to the Average Price over the previous 50/200 days. For Penn National Gaming stocks, the 50-day moving average is the resistance level today.

For Penn National Gaming stocks, the 200-day moving average is the resistance level today.

Are you interested in Penn National Gaming, Inc. stocks and want to buy them, or are they already in your portfolio? If yes, then on this page you will find useful information about the dynamics of the Penn National Gaming stock price in 2024, 2025, 2026, 2027, 2028. How much will one Penn National Gaming share be worth in 2024 - 2028?

When should I take profit in Penn National Gaming stock? When should I record a loss on Penn National Gaming stock? What are analysts' forecasts for Penn National Gaming stock? What is the future of Penn National Gaming stock? We forecast Penn National Gaming stock performance using neural networks based on historical data on Penn National Gaming stocks. Also, when forecasting, technical analysis tools are used, world geopolitical and news factors are taken into account.

Penn National Gaming stock prediction results are shown below and presented in the form of graphs, tables and text information, divided into time intervals. (Next month, 2024, 2025, 2026, 2027 and 2028) The final quotes of the instrument at the close of the previous trading day are a signal to adjust the forecasts for Penn National Gaming shares. This happens once a day.


Historical and forecast chart of Penn National Gaming stock

The chart below shows the historical price of Penn National Gaming stock and a prediction chart for the next month. For convenience, prices are divided by color. Forecast prices include: Optimistic Forecast, Pessimistic Forecast, and Weighted Average Best Forecast. Detailed values for the Penn National Gaming stock price can be found in the table below.

Long-term forecasts by years.

Navigating the Future: Predicting PENN Stock Trends with Precision

Trend: Bullish
May 22, 2024

For those interested in the dynamics of the stock market, understanding the fluctuations of PENN Entertainment stocks presents a fascinating challenge. Analysts keen on making the most accurate PENN stock forecast are closely monitoring several factors that promise to be pivotal in the near future. At the forefront is the performance of ESPN Bet, where recent earnings have shown a mix of potential and hurdles. The initial disappointment in earnings, attributed to lower revenue and increased costs, sets a critical stage for recovery and growth. Investors speculating whether PENN is a good stock to buy are particularly watchful of how these numbers will evolve.

Key Factors Influencing PENN's Stock Trajectory

In their toolkit for making a precise PENN stock price prediction, analysts are paying close attention to user experience enhancements. The hiring of a Disney CTO hints at a strategic overhaul aimed at making the ESPN Bet application more engaging and competitive. Such improvements could potentially drive up user involvement and, by extension, impact the PENN stock price target positively.

Moreover, the aspect of hold rates and market share cannot be overlooked. Despite PENN's recent dip in market share, enhanced hold rates in specific states provide a silver lining. For those debating buy or sell Penn National Gaming stock, this detail might tip the scales. Additionally, the valuation based on the Price-to-Sales (P/S) multiple, currently at an historic low, suggests that now might be an opportune time for investment, shifting the PENN stock buy or sell debate significantly.

  • Performance of ESPN Bet
  • User experience enhancements
  • Hold rates and market share
  • P/S multiple valuation

As we dissect these variables, it becomes evident why the question of why PENN stock down has been prevalent among investors. However, with strategic improvements and a keen eye on these factors, analysts are equipped to navigate the volatile waters of PENN's stock future, making informed predictions that could shape investment strategies across the board.

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The Unpredictable Tide of PENN Stocks: Navigating Through Choppy Waters

Trend: Neutral
May 18, 2024

In the ever-volatile world of stock trading, PENN National Gaming's stock forecast becomes a topic of keen interest, influenced by a series of critical events and factors. The performance of ESPN Bet emerges as a pivotal force, where its current underperformance casts long shadows over PENN's financial prospects. Analysts eyeing the PENN stock price prediction are closely watching ESPN Bet's ability to turn its fortunes around as a crucial indicator for future stock movements.

Deciphering the Matrix of Influence

For those pondering whether PENN is a good stock to buy, it's essential to dissect the layers that contribute to its valuation. A detailed analysis of PENN stock’s financial performance, specifically the recent quarter's double miss on earnings with lower revenues and increasing losses, presents a real challenge for investor confidence. Additionally, the skeptical eye of the market has significantly discounted PENN's valuations in comparison to its peers, making the PENN stock forecast a puzzle that requires careful consideration of several dynamic factors.

Key insights into these variables allow analysts to craft a more accurate PENN stock price prediction. Notably, the aggressive market share and profitability goals for ESPN Bet, amidst a fiercely competitive landscape dominated by giants like FanDuel and DraftKings, become essential pieces of this complex puzzle. Moreover, PENN's management reducing their profit guidance for FY2024 further adds to the cautious stance amongst investors, potentially influencing the "PENN stock buy or sell" decision.

Consequently, analysts striving for an accurate prediction must weigh these elements:

  • The impact of ESPN Bet's performance recovery or further decline
  • PENN's financial health and its management's strategic adjustments
  • Market valuations in the context of industry competition and overall market size growth projections

Understanding these aspects might just provide the edge needed for those looking to navigate the uncertain waters of PENN's stock market future.

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Unlocking the Future: Deciphering PENN's Stock Trajectory

Trend: Bullish
Feb 29, 2024

The stock rates of PENN, a key player in the gaming and betting industry, are currently at a pivotal juncture, with a mix of challenges and opportunities shaping its future. Analysts poring over the recent earnings reports and market trends are particularly focused on a few critical factors expected to sway the direction of PENN's stock prices significantly.

Key Influencers on PENN's Stock Horizon

Immediate attention is drawn towards the aftermath of PENN's Q4 earnings disappointment. While this has cast a shadow, it's a hurdle seen as priced in, thus offering a murky yet navigable path for investors. The more captivating story unfolds with the rocky yet potential-filled rollout of the ESPN BET app. Its success in major markets like Texas and California could catapult PENN into a lucrative future, transforming it into a billion-dollar annual business. However, the real game-changer lies in the unfolding drama with activist investor HG Vora. Their push for board seats and potential strategies could spearhead a transformative era for PENN, either through a meticulous proxy fight or an outright buyout, unlocking untapped value in PENN's sprawling casino portfolio.

To craft the most accurate predictions on PENN's stock movements, analysts are weaving these elements into their forecasts. The interplay between the immediate impact of Q4's results, the strategic execution of the ESPN BET app's potential, and the unfolding activist narrative provides a composite picture. This triangulation approach allows for a nuanced view that captures both the short-term volatilities and the long-term value proposition of PENN's stock. As each chapter unfolds, keen market watchers are poised at the edge of their seats, ready to decipher the signals amidst the noise.

  • Q4 Earnings Disappointment: A temporary setback or a foreshadowing of deeper issues?
  • ESPN BET App: PENN's golden ticket to the sports betting bonanza?
  • Activist Involvement: The catalyst for unlocking hidden value?

The narrative around PENN stocks is rich with intrigue and potential, making the company's journey a must-watch for any astute market analyst or investor looking to tap into the pulse of the gaming and betting sector.

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About author

Penn National Gaming, Inc. (PENN) is the owner and manager of gaming and racing facilities and also operates video game terminals with a focus on slot machine entertainment. The company operates in three segments: North-East, South-West and Midwest. The Northeast segment consists of a variety of real estate properties including the Hollywood Casino at Charles Town Horse Racing, the Hollywood Casino Bangor, the Greentown Casino Hotel in Detroit, the Hollywood Casino at Penn National Racecourse and the Hollywood Casino of Toledo. The Southwest segment consists of various real estate properties such as Zia Park Casino, Hollywood Casino Tunica, Hollywood Casino Gulf Coast, Boomtown Biloxi, M Resort and Tropicana Las Vegas. The Midwest segment consists of various real estate properties such as Hollywood Casino Aurora, Hollywood Casino Joliet, Argosy Casino Alton, Argosy Casino Riverside and Hollywood Casino Lawrenceburg. Another category consists of the Company’s separate racing operations, including Rosecroft Raceway and Sanford-Orlando Kennel Club.

Penn National Gaming daily forecast for a month

Date Target Pes. Opt. Vol., %
Jun 01 14.64 14.24 15.04 5.68
Jun 02 14.85 14.57 15.31 5.10
Jun 03 14.76 14.48 15.03 3.75
Jun 04 14.83 14.54 15.28 5.10
Jun 05 14.84 14.42 15.13 4.90
Jun 06 14.99 14.71 15.26 3.75
Jun 07 14.86 14.50 15.08 3.98
Jun 08 15.12 14.73 15.52 5.38
Jun 09 15.07 14.67 15.51 5.71
Jun 10 15.19 14.95 15.31 2.40
Jun 11 15.30 15.15 15.78 4.16
Jun 12 15.89 15.54 16.34 5.15
Jun 13 15.81 15.34 15.95 3.96
Jun 14 15.76 15.34 16.14 5.22
Jun 15 15.51 15.18 15.72 3.60
Jun 16 15.89 15.51 16.35 5.41
Jun 17 16.52 16.01 16.72 4.42
Jun 18 16.31 16.18 16.64 2.86
Jun 19 16.09 15.95 16.54 3.75
Jun 20 16.20 15.68 16.33 4.17
Jun 21 16.35 16.16 16.85 4.25
Jun 22 16.02 15.60 16.51 5.83
Jun 23 15.74 15.25 16.25 6.52
Jun 24 16.22 15.89 16.40 3.22
Jun 25 16.33 16.20 16.57 2.34
Jun 26 16.97 16.79 17.20 2.47
Jun 27 17.18 16.83 17.70 5.19
Jun 28 16.98 16.58 17.39 4.87
Jun 29 17.11 16.61 17.43 4.99
Jun 30 17.16 16.80 17.35 3.31

Penn National Gaming Daily Price Targets


Penn National Gaming Stock Forecast 06-01-2024.

Forecast target price for 06-01-2024: $14.64.
Negative dynamics for Penn National Gaming shares will prevail with possible volatility of 5.371%.
Pessimistic target level: 14.24
Optimistic target level: 15.04

Penn National Gaming Stock Forecast 06-02-2024.

Forecast target price for 06-02-2024: $14.85.
Positive dynamics for Penn National Gaming shares will prevail with possible volatility of 4.850%.
Pessimistic target level: 14.57
Optimistic target level: 15.31

Penn National Gaming Stock Forecast 06-03-2024.

Forecast target price for 06-03-2024: $14.76.
Negative dynamics for Penn National Gaming shares will prevail with possible volatility of 3.614%.
Pessimistic target level: 14.48
Optimistic target level: 15.03

Penn National Gaming Stock Forecast 06-04-2024.

Forecast target price for 06-04-2024: $14.83.
Positive dynamics for Penn National Gaming shares will prevail with possible volatility of 4.852%.
Pessimistic target level: 14.54
Optimistic target level: 15.28

Penn National Gaming Stock Forecast 06-05-2024.

Forecast target price for 06-05-2024: $14.84.
Positive dynamics for Penn National Gaming shares will prevail with possible volatility of 4.668%.
Pessimistic target level: 14.42
Optimistic target level: 15.13

Penn National Gaming Stock Forecast 06-06-2024.

Forecast target price for 06-06-2024: $14.99.
Positive dynamics for Penn National Gaming shares will prevail with possible volatility of 3.616%.
Pessimistic target level: 14.71
Optimistic target level: 15.26

PENN (PENN) Monthly Stock Prediction for 2024

Month Target Pes. Opt. Vol., %
Jun. 14.69 13.87 16.10 13.88
Jul. 15.83 14.60 17.15 14.88
Aug. 15.46 13.98 16.07 13.01
Sep. 14.58 13.12 14.96 12.29
Oct. 14.46 12.96 14.93 13.22
Nov. 14.07 13.30 14.45 7.97
Dec. 15.61 14.45 16.32 11.44

Penn National Gaming forecast for this year


Penn National Gaming Stock Prediction for Jun 2024

An downtrend is forecast for this month with an optimal target price of $14.6879. Pessimistic: $13.87. Optimistic: $16.10


Penn National Gaming Stock Prediction for Jul 2024

An uptrend is forecast for this month with an optimal target price of $15.8335. Pessimistic: $14.60. Optimistic: $17.15


Penn National Gaming Stock Prediction for Aug 2024

An downtrend is forecast for this month with an optimal target price of $15.463. Pessimistic: $13.98. Optimistic: $16.07


Penn National Gaming Stock Prediction for Sep 2024

An downtrend is forecast for this month with an optimal target price of $14.5786. Pessimistic: $13.12. Optimistic: $14.96


Penn National Gaming Stock Prediction for Oct 2024

An downtrend is forecast for this month with an optimal target price of $14.4648. Pessimistic: $12.96. Optimistic: $14.93


Penn National Gaming Stock Prediction for Nov 2024

An downtrend is forecast for this month with an optimal target price of $14.07. Pessimistic: $13.30. Optimistic: $14.45


Penn National Gaming Stock Prediction for Dec 2024

An uptrend is forecast for this month with an optimal target price of $15.6064. Pessimistic: $14.45. Optimistic: $16.32



Penn National Gaming (PENN) Monthly Stock Prediction for 2025

Month Target Pes. Opt. Vol., %
Jan 16.36 15.91 17.02 6.50
Mar 16.72 16.04 18.17 11.72
Mar 18.61 17.93 20.42 12.20
Apr 17.11 16.58 18.40 9.91
May 17.55 16.62 18.03 7.85
Jun 16.50 15.88 18.16 12.53
Jul 16.85 15.88 17.37 8.57
Aug 16.69 15.85 18.30 13.40
Sep 18.28 17.61 19.87 11.36
Oct 17.19 15.47 18.71 17.32
Nov 18.86 16.95 19.57 13.40
Dec 19.60 18.83 20.23 6.93

Penn National Gaming (PENN) Monthly Stock Prediction for 2026

Month Target Pes. Opt. Vol., %
Jan 18.35 16.75 19.04 12.03
Mar 17.23 16.56 18.88 12.33
Mar 17.52 16.54 18.86 12.32
Apr 18.02 16.90 19.12 11.64
May 19.45 18.26 20.51 10.97
Jun 21.09 19.64 22.98 14.55
Jul 20.27 19.16 21.11 9.24
Aug 20.40 18.92 22.28 15.12
Sep 19.66 18.46 21.24 13.11
Oct 19.07 17.21 20.26 15.05
Nov 17.63 16.67 18.83 11.45
Dec 16.42 15.50 17.31 10.48

Penn National Gaming (PENN) Monthly Stock Prediction for 2027

Month Target Pes. Opt. Vol., %
Jan 16.76 16.28 18.15 10.32
Mar 16.00 14.71 16.77 12.28
Mar 17.64 17.07 18.26 6.53
Apr 19.13 17.61 20.97 16.01
May 17.99 17.14 19.76 13.25
Jun 19.32 18.04 20.07 10.13
Jul 20.73 19.32 21.99 12.13
Aug 19.67 18.70 21.26 12.03
Sep 18.86 17.66 20.01 11.76
Oct 19.47 18.51 20.86 11.28
Nov 18.81 17.30 19.76 12.50
Dec 17.69 16.84 18.90 10.95

Penn National Gaming (PENN) Monthly Stock Prediction for 2028

Month Target Pes. Opt. Vol., %
Jan 18.84 17.88 19.50 8.29
Mar 20.82 19.68 21.47 8.32
Mar 20.41 19.54 21.02 7.07
Apr 20.23 19.70 21.62 8.88
May 20.62 18.93 21.61 12.40
Jun 20.33 19.77 21.54 8.22
Jul 21.86 21.26 24.02 11.48
Aug 21.89 20.75 22.63 8.30
Sep 22.34 20.48 23.80 13.92
Oct 21.53 20.24 23.38 13.41
Nov 19.77 18.84 20.61 8.60
Dec 17.61 16.14 18.09 10.76

Penn National Gaming information and performance

Penn National Gaming Address

825 BERKSHIRE BLVD STE 200, WYOMISSING PROFESSIONAL CENTER, WYOMISSING, PA, US

Market Capitalization: 2 301 935 000 $

Market capitalization of the Penn National Gaming, Inc. is the total market value of all issued shares of a company. It is calculated by the formula multiplying the number of PENN shares in the company outstanding by the market price of one share.

EBITDA: 614 100 000 $

EBITDA of Penn National Gaming is earnings before interest, income tax and depreciation of assets.

PE Ratio: None

P/E ratio (price to earnings) - shows the ratio between the price of a share and the company's profit

PEG Ratio: 0.782

Price/earnings to growth

DPS: None

Dividend Per Share is a financial indicator equal to the ratio of the company's net profit available for distribution to the annual average of ordinary shares.

DY: None

Dividend yield is a ratio that shows how much a company pays in dividends each year at the stock price.

EPS: -6.91

EPS shows how much of the net profit is accounted for by the common share.

Quarterly Earnings Growth YOY: 2.089
Quarterly Revenue Growth YOY: -0.04
Trailing PE: -

Trailing P/E depends on what has already been done. It uses the current share price and divides it by the total earnings per share for the last 12 months.

Forward PE: 33.9

Forward P/E uses projections of future earnings instead of final numbers.

EV To Revenue: 2.046

Enterprise Value (EV) /Revenue

EV To EBITDA: 32.52

The EV / EBITDA ratio shows the ratio of the cost (EV) to its profit before tax, interest and amortization (EBITDA).

Shares Outstanding: 151889000

Number of issued ordinary shares

Shares Float: N/A

Number of freely tradable shares

Shares Short Prior Month: N/A

Shares Short Prior Month - the number of shares in short positions in the last month.

Short Ratio: N/A
Percent Insiders: N/A
Percent Institutions: N/A



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Disclaimer:

All forecast data on the site are provided for informational purposes of using neural forecasting tools in the financial market and are not a call to action and, moreover, are not trading signals. When using the forecast data, the investor assumes all financial risks. The pandaforecast.com portal is not responsible for the loss of your money in the stock market as a result of using the information contained on the site.