Penn National Gaming Stock Price on June 27, 2024
| PENN Stock | USD 21.08 0.21 0.99% |
Below is the normalized historical share price chart for Penn National Gaming extending back to May 26, 1994. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Penn National stands at 21.08, as last reported on the 29th of November, with the highest price reaching 21.63 and the lowest price hitting 21.05 during the day.
If you're considering investing in Penn Stock, it is important to understand the factors that can impact its price. Penn National appears to be not too volatile, given 3 months investment horizon. Penn National Gaming maintains Sharpe Ratio (i.e., Efficiency) of 0.1, which implies the firm had a 0.1% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Penn National Gaming, which you can use to evaluate the volatility of the company. Please evaluate Penn National's Coefficient Of Variation of 1532.03, risk adjusted performance of 0.057, and Semi Deviation of 2.01 to confirm if our risk estimates are consistent with your expectations.
At this time, Penn National's Total Stockholder Equity is very stable compared to the past year. As of the 29th of November 2024, Liabilities And Stockholders Equity is likely to grow to about 16.9 B, while Common Stock Shares Outstanding is likely to drop about 97.6 M. . At this time, Penn National's Price Fair Value is very stable compared to the past year. Penn Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 26th of May 1994 | 200 Day MA 18.359 | 50 Day MA 19.548 | Beta 2.086 |
Penn |
Sharpe Ratio = 0.1013
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Estimated Market Risk
| 2.59 actual daily | 23 77% of assets are more volatile |
Expected Return
| 0.26 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 7 93% of assets perform better |
Based on monthly moving average Penn National is performing at about 7% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Penn National by adding it to a well-diversified portfolio.
Price Book 1.0498 | Enterprise Value Ebitda 43.7993 | Price Sales 0.5103 | Shares Float 132.8 M | Wall Street Target Price 22.7059 |
Penn National Valuation on June 27, 2024
It is possible to determine the worth of Penn National on a given historical date. On June 27, 2024 Penn was worth 18.37 at the beginning of the trading date compared to the closed value of 18.89. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Penn National stock. Still, in general, we apply an absolute valuation method to find Penn National's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Penn National where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Penn National's related companies.
| Open | High | Low | Close | Volume | |
| 18.20 | 18.93 | 18.19 | 18.30 | 6,423,515 | |
06/27/2024 | 18.37 | 18.90 | 18.07 | 18.89 | 4,880,379 |
| 19.05 | 19.90 | 18.89 | 19.36 | 5,817,892 |
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Penn National Trading Date Momentum on June 27, 2024
| On June 28 2024 Penn National Gaming was traded for 19.36 at the closing time. The top price for the day was 19.90 and the lowest listed price was 18.89 . The trading volume for the day was 5.8 M. The trading history from June 28, 2024 was a factor to the next trading day price boost. The trading delta at closing time against the next closing price was 2.49% . The trading delta at closing time against the current closing price is 5.08% . |
Penn National Gaming Fundamentals Correlations and Trends
By evaluating Penn National's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Penn National's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Penn financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Penn National Stock history
Penn National investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Penn is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Penn National Gaming will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Penn National stock prices may prove useful in developing a viable investing in Penn National
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 152.1 M | 97.6 M | |
| Net Income Applicable To Common Shares | 199.9 M | 209.9 M |
Penn National Stock Technical Analysis
Penn National technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Penn National Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Penn National Gaming cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Penn National November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Penn National stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Penn National shares will generate the highest return on investment. By undertsting and applying Penn National stock market strength indicators, traders can identify Penn National Gaming entry and exit signals to maximize returns
Penn National Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Penn National's price direction in advance. Along with the technical and fundamental analysis of Penn Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Penn to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.057 | |||
| Jensen Alpha | 0.02 | |||
| Total Risk Alpha | (0.23) | |||
| Sortino Ratio | 0.0201 | |||
| Treynor Ratio | 0.1321 |
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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Penn National Gaming. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Is Hotels, Restaurants & Leisure space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Penn National. If investors know Penn will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Penn National listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 2.089 | Earnings Share (3.52) | Revenue Per Share 41.491 | Quarterly Revenue Growth 0.012 | Return On Assets (0.0008) |
The market value of Penn National Gaming is measured differently than its book value, which is the value of Penn that is recorded on the company's balance sheet. Investors also form their own opinion of Penn National's value that differs from its market value or its book value, called intrinsic value, which is Penn National's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Penn National's market value can be influenced by many factors that don't directly affect Penn National's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Penn National's value and its price as these two are different measures arrived at by different means. Investors typically determine if Penn National is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Penn National's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.