Is Penn National Gaming, Inc. (PENN) Worth Adding to Your Portfolio?

Fair William J, EVP and CFO, added 11,000 shares of Penn National Gaming, Inc. (PENN) to its portfolio at the rate of $19.54 per share valuing $214,940 on May 13. The insider has now 46,998 shares of the company to its portfolio. Before making a move on any particular stock, readers often pay close attention to support and resistance markers. The last reported price for shares of Penn National Gaming, Inc. (PENN) was $18.65. Currently, the 1st Resistance Point for this stock is $19.11, with a 2nd Resistance Point sitting at $19.56. Meanwhile, this company’s stock has a 1st Support Level at $18.41 and a 2nd Support Level at $18.17. Penn National Gaming, Inc. (PENN) stock has lost -$0.85, or -4.41%, in the past five days. In the last full month, these shares have lost -$1.43, or -7.12%. In the past three months, this stock’s price has fallen by -$2.45, or -11.61%. This year-to-date, Penn National Gaming, Inc. (PENN) shares have lost -$0.18, or -0.96%.

Analyzing price projection indicators is a helpful way to determine whether a potential stock buy is a wise choice for profits in the short term, medium term, and long term. For Penn National Gaming, Inc. (PENN) stock, 80% of short-term indicators suggest that these shares are a “ Sell .” Meanwhile, 25% of medium-term indicators point to this stock being a “ Sell .” Looking further ahead, 67% of long-term indicators suggest that this stock is a “ Sell .”

With 117,139 K shares outstanding, this company currently has a market capitalization of $2,245,555K. Penn National Gaming, Inc. (PENN) generates $3,588 M in annual sales, amounting to annual net income of $93,510 K. This stock has generated a 1-Year Total Return of -47.33%, a 3-Year Total Return of 32.36%, and a 5-year Total Return of 64.75%. This stock’s 5-Year Dividend Growth is -100.00%. Its Annual Dividend Yield is 0.00%, and its Annual Dividend Rate is 0.00.

In the most recently-reported fiscal quarter, which ended in Mar-19, Penn National Gaming, Inc. (PENN) reported earnings of $0.35 per share. Wall Street analysts, on average, were expecting the company to report earnings of $0.38 per share, representing a -0.03 difference and 7.43% surprise. In the previous quarter ending in Dec-18, the reported earnings of -$0.37 represented a -0.01 difference from the consensus estimate calling for -$0.36 per share, which was a -1.96% surprise.

For the current fiscal quarter, which is set to end in 06/2019, the average earnings estimate is $0.37 per share. This estimate came from a total of 6 Wall Street Analysts. Of those market experts, the high estimate was $0.41 and the low estimate was $0.34. In the year-ago quarter, Penn National Gaming, Inc. (PENN) generated per-share earnings of $0.57. If the analysts are correct about the current quarter’s earnings, the growth will be -35.09% .

Turning our focus now to insider trading activity, there have been 4 purchases (29,788 shares in total) and 2 sale (403,981 shares in total) in the last 3 months. In the last 6 months, there have been 30 insider buys amounting to 259,033 shares and 15 insider sales amounting to 691,544 shares. In the past full year, 59 insider purchases were made (involving 594,227 shares) and 30 insider sell-offs equivalent to 838,085 shares.

Moving onto liquidity, Penn National Gaming, Inc. (PENN) has a Current Ratio of 0.92, a Quick Ratio of 0.92 and a Cash Ratio of 0.65. Looking at this company’s capital structure, its Total Debt to Total Equity is 1,307.48, its Total Debt to Total Capital is 92.90, and its Total Debt to Total Assets is now 74.14. Looking even further ahead into the future, its Long-Term Debt to Equity is 1,289.71 and its Long-Term Debt to Total Capital is 91.63.