PENN Entertainment (PENN) Expected to Announce Quarterly Earnings on Thursday

PENN Entertainment (NASDAQ:PENN) is expected to be announcing its Q1 2025 earnings results before the market opens on Thursday, May 8th. Analysts expect PENN Entertainment to post earnings of ($0.24) per share and revenue of $1.71 billion for the quarter.

PENN Entertainment Stock Down 2.0 %

NASDAQ:PENN opened at $15.52 on Wednesday. The firm has a market capitalization of $2.34 billion, a price-to-earnings ratio of -4.37, a price-to-earnings-growth ratio of 1.55 and a beta of 1.81. PENN Entertainment has a twelve month low of $13.25 and a twelve month high of $23.08. The stock’s 50 day moving average price is $16.27 and its two-hundred day moving average price is $18.84. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 2.34.

Analyst Ratings Changes

Several equities analysts have recently issued reports on PENN shares. Canaccord Genuity Group decreased their price target on PENN Entertainment from $28.00 to $26.00 and set a “buy” rating on the stock in a research note on Monday. Truist Financial lowered their price objective on PENN Entertainment from $23.00 to $20.00 and set a “hold” rating for the company in a research report on Wednesday, April 23rd. Mizuho raised their price target on shares of PENN Entertainment from $24.00 to $25.00 and gave the stock an “outperform” rating in a report on Tuesday, March 4th. Macquarie reiterated an “outperform” rating and set a $26.00 price objective on shares of PENN Entertainment in a report on Friday, February 28th. Finally, JMP Securities reissued a “market perform” rating on shares of PENN Entertainment in a research report on Thursday, January 16th. Eleven investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company. Based on data from MarketBeat, PENN Entertainment has an average rating of “Hold” and an average price target of $22.97.

PENN Entertainment Company Profile

PENN Entertainment, Inc, together with its subsidiaries, provides integrated entertainment, sports content, and casino gaming experiences. The company operates through five segments: Northeast, South, West, Midwest, and Interactive. It operates online sports betting in various jurisdictions; and iCasino under Hollywood Casino, L'Auberge, ESPN BET, and theScore Bet Sportsbook and Casino brands.