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.
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.