Alert: New Earnings Report (2/6/20)-Penn National Gaming Inc (NASDAQ: PENN).


Penn National Gaming Inc (NASDAQ: PENN) has reported E.P.S. of $-0.80 for its fourth fiscal quarter (ending December 31) versus $-0.37 for the same period a year ago. Relative to the consensus estimate of $0.35, this was a shortfall of $-1.15. For the latest four quarters through December 31, E.P.S. were $0.38 versus $0.96 for the same period a year ago — a decline of -60%.


Recent Price Action

Penn National Gaming Inc (NASDAQ: PENN) stock closed at $34.90 on 2/6/20 after a very large increase of 8.1%. Moreover, trading volume in this advance was exceptionally high at 331% of normal. The stock has been exceptionally strong relative to the market over the last nine months and has risen 20.3% during the last week.

Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to be above the cost of capital, PENN is expected to continue to be a major Value Builder.

Penn National Gaming has a current Value Trend Rating of A (Highest Rating). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Penn National Gaming has a neutral Appreciation Score of 58 but a very high Power Rating of 87, resulting in the Highest Value Trend Rating.

Rating Review

In light of this new information and positive market action we are reviewing our current Overall Rating of A. This review will be completed in the next several days.

About John Lafferty 83293 Articles
During his career, John has developed valuation and stock rating methodologies, managed institutional portfolios and mutual funds, and provided equity research to institutional investors on thousands of companies. He has been Director of Research at PTR since its inception in 2004.

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