The leading market experts have placed a mean price target of $19.10 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 $0.13 a share for the upcoming quarter and $1.07 for the current fiscal.
The technical analysis of Penn National Gaming, Inc. plainly substantiates that the 50-day moving average of Penn National Gaming, Inc. is $14.40, and stock is trading $0.01 points away or +0.04% from its 50-day moving average of $14.40. Further it is trading $-0.54 or -3.64% away its 200-day moving average of $14.95. Penn National Gaming, Inc. (NASDAQ:PENN) 52-week high is $19.05 and the 52-week low is $12.51.
This explains if the stock moves $-4.64, it will post a 52-week high. In event of +15.19% 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 24.47.
The stock last ended the trading session at $14.41 and registered a market cap of $1.20B. 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 2.70.
1 Chart Pattern Every Investor Should Know
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