The leading market experts have placed a mean price target of $20.38 on Penn National Gaming, Inc. (NASDAQ:PENN) stock. This price level, which is estimated to be attained in one-year indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.22 a share for the upcoming quarter and $0.91 for the current fiscal. Technical View The technical analysis of Penn National Gaming, Inc. plainly substantiates that the 50-day moving average of Penn National Gaming, Inc. is $14.51, and stock is hovering -0.47 or -3.21% distant from $14.51. It is noted that the 200-day MA is $14.97, and Penn National Gaming, Inc. stock is $-0.93 or -6.22% off from this point. Penn National Gaming, Inc. (NASDAQ:PENN) 52-week high is $20.23 and the 52-week low is $12.51. This explains if the stock moves $-6.19, it will post a 52-week high. In event of $+12.23% points decline, a 52-week low will be hit. Taking the Valuation Aspect To emphasize the valuation of Penn National Gaming, Inc., shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Penn National Gaming, Inc. (NASDAQ:PENN) ratio came in at 56.16. The stock last ended the trading session at $14.04 and registered a market cap of $1.14B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Penn National Gaming, Inc. (NASDAQ:PENN) PEG ratio is at 3.06.
1 Chart Pattern Every Investor Should Know