PENN Entertainment (PENN) to Release Quarterly Earnings on Thursday

PENN Entertainment (NASDAQ:PENN) is anticipated to release its Q1 2025 earnings data before the market opens on Thursday, May 8th. Analysts expect the company to announce earnings of ($0.24) per share and revenue of $1.71 billion for the quarter.

PENN Entertainment Stock Down 0.9 %

PENN stock opened at $15.83 on Tuesday. The business’s 50-day simple moving average is $16.37 and its 200 day simple moving average is $18.86. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 2.34. The company has a market cap of $2.39 billion, a PE ratio of -4.46, a price-to-earnings-growth ratio of 1.55 and a beta of 1.96. PENN Entertainment has a twelve month low of $13.25 and a twelve month high of $23.08.

Wall Street Analyst Weigh In

PENN has been the subject of a number of recent research reports. Susquehanna cut their target price on PENN Entertainment from $26.00 to $23.00 and set a “positive” rating for the company in a research note on Tuesday, April 15th. JMP Securities reaffirmed a “market perform” rating on shares of PENN Entertainment in a report on Thursday, January 16th. Canaccord Genuity Group lowered their target price on shares of PENN Entertainment from $28.00 to $26.00 and set a “buy” rating on the stock in a research note on Monday. Benchmark restated a “hold” rating on shares of PENN Entertainment in a research note on Monday, March 3rd. Finally, Truist Financial lowered their price objective on PENN Entertainment from $23.00 to $20.00 and set a “hold” rating on the stock in a research note on Wednesday, April 23rd. Eleven analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. According to data from MarketBeat.com, PENN Entertainment currently has an average rating of “Hold” and an average price target of $22.97.

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.