PENN Entertainment (PENN) Projected to Post Quarterly Earnings on Thursday

PENN Entertainment (NASDAQ:PENN) is expected to post its Q2 2025 quarterly earnings results before the market opens on Thursday, August 7th. Analysts expect PENN Entertainment to post earnings of ($0.10) per share and revenue of $1.73 billion for the quarter.

PENN Entertainment (NASDAQ:PENN) last issued its quarterly earnings results on Thursday, May 8th. The company reported ($0.25) EPS for the quarter, topping the consensus estimate of ($0.29) by $0.04. PENN Entertainment had a negative net margin of 1.28% and a negative return on equity of 5.75%. The company had revenue of $1.67 billion during the quarter, compared to analysts’ expectations of $1.71 billion. During the same quarter in the previous year, the company earned ($0.76) EPS. PENN Entertainment’s revenue was up 4.1% on a year-over-year basis. On average, analysts expect PENN Entertainment to post $-2 EPS for the current fiscal year and $0 EPS for the next fiscal year.

PENN Entertainment Stock Up 0.9%

Shares of NASDAQ:PENN opened at $18.52 on Thursday. PENN Entertainment has a one year low of $13.25 and a one year high of $23.08. The company has a 50 day moving average of $17.18 and a 200-day moving average of $17.62. The company has a debt-to-equity ratio of 2.35, a current ratio of 0.74 and a quick ratio of 0.74. The stock has a market cap of $2.80 billion, a price-to-earnings ratio of -29.87 and a beta of 1.61.

Analysts Set New Price Targets

PENN has been the subject of a number of analyst reports. Citigroup upgraded shares of PENN Entertainment to an “outperform” rating in a report on Thursday, June 26th. JMP Securities upgraded shares of PENN Entertainment from a “market perform” rating to a “market outperform” rating and set a $24.00 price objective for the company in a report on Thursday, June 26th. Stifel Nicolaus boosted their price objective on shares of PENN Entertainment from $17.00 to $19.00 and gave the company a “hold” rating in a report on Friday, July 11th. Morgan Stanley restated a “sell” rating on shares of PENN Entertainment in a report on Friday, July 11th. Finally, Barclays decreased their price objective on shares of PENN Entertainment from $23.00 to $22.00 and set an “overweight” rating for the company in a report on Friday, July 18th. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating and eleven have assigned a buy rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $23.18.

Insider Buying and Selling

In other PENN Entertainment news, CEO Jay A. Snowden acquired 34,000 shares of the business’s stock in a transaction dated Thursday, May 22nd. The shares were acquired at an average price of $14.70 per share, with a total value of $499,800.00. Following the completion of the transaction, the chief executive officer directly owned 1,082,625 shares in the company, valued at $15,914,587.50. This trade represents a 3.24% increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director David A. Handler acquired 10,000 shares of the business’s stock in a transaction dated Thursday, May 22nd. The stock was acquired at an average cost of $14.83 per share, for a total transaction of $148,300.00. Following the transaction, the director owned 322,941 shares of the company’s stock, valued at $4,789,215.03. This represents a 3.20% increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders own 2.67% of the company’s stock.

Institutional Trading of PENN Entertainment

An institutional investor recently bought a new position in PENN Entertainment stock. Caxton Associates LLP acquired a new position in PENN Entertainment, Inc. (NASDAQ:PENN) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 15,096 shares of the company’s stock, valued at approximately $246,000. 91.69% of the stock is currently owned by hedge funds and other institutional investors.

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.