Penn National Gaming, Inc., together with its subsidiaries, owns and manages gaming and racing properties, and operates video gaming terminals with a focus on slot machine entertainment. More Details
Reasonable growth potential with adequate balance sheet.
Share Price & News
How has Penn National Gaming's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: PENN's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: PENN exceeded the US Hospitality industry which returned -18.3% over the past year.
Return vs Market: PENN exceeded the US Market which returned 12% over the past year.
Price Volatility Vs. Market
How volatile is Penn National Gaming's share price compared to the market and industry in the last 5 years?
Simply Wall St News
6 months ago | Simply Wall StWhat Is Penn National Gaming's (NASDAQ:PENN) P/E Ratio After Its Share Price Tanked?
7 months ago | Simply Wall StIs Penn National Gaming, Inc. (NASDAQ:PENN) Trading At A 29% Discount?
7 months ago | Simply Wall StPenn National Gaming, Inc. Just Missed Earnings And Its EPS Looked Sad - But Analysts Have Updated Their Models
Is Penn National Gaming undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: PENN ($69.85) is trading above our estimate of fair value ($22.56)
Significantly Below Fair Value: PENN is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: PENN is unprofitable, so we can't compare its PE Ratio to the US Hospitality industry average.
PE vs Market: PENN is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate PENN's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: PENN is overvalued based on its PB Ratio (6.4x) compared to the US Hospitality industry average (2.1x).
How is Penn National Gaming forecast to perform in the next 1 to 3 years based on estimates from 13 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: PENN is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.2%).
Earnings vs Market: PENN is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: PENN's is expected to become profitable in the next 3 years.
Revenue vs Market: PENN's revenue (14.6% per year) is forecast to grow faster than the US market (9.9% per year).
High Growth Revenue: PENN's revenue (14.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: PENN's Return on Equity is forecast to be low in 3 years time (14.4%).
How has Penn National Gaming performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PENN is currently unprofitable.
Growing Profit Margin: PENN is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: PENN is unprofitable, and losses have increased over the past 5 years at a rate of 22% per year.
Accelerating Growth: Unable to compare PENN's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: PENN is unprofitable, making it difficult to compare its past year earnings growth to the Hospitality industry (-46.9%).
Return on Equity
High ROE: PENN has a negative Return on Equity (-57.96%), as it is currently unprofitable.
How is Penn National Gaming's financial position?
Financial Position Analysis
Short Term Liabilities: PENN's short term assets ($1.6B) exceed its short term liabilities ($827.8M).
Long Term Liabilities: PENN's short term assets ($1.6B) do not cover its long term liabilities ($12.0B).
Debt to Equity History and Analysis
Debt Level: PENN's debt to equity ratio (207.1%) is considered high.
Reducing Debt: PENN had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable PENN has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: PENN is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 19.8% per year.
What is Penn National Gaming current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate PENN's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate PENN's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if PENN's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if PENN's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of PENN's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Jay Snowden (44 yo)
Mr. Jay A. Snowden has been Chief Executive Officer of Penn National Gaming, Inc., since January 1, 2020. He has been President at Penn National Gaming, Inc., since March 29, 2017 and was its Chief Operati ...
CEO Compensation Analysis
Compensation vs Market: Jay's total compensation ($USD10.98M) is about average for companies of similar size in the US market ($USD11.36M).
Compensation vs Earnings: Jay's compensation has increased whilst the company is unprofitable.
|CEO, President & Director||0.67yr||US$10.98m||0.12% |
|Executive VP||6.58yrs||US$2.68m||0.063% |
|Executive VP & CFO||0.50yr||no data||0.011% |
|Executive Vice President of Operations||no data||no data||no data|
|Senior VP & Chief Accounting Officer||1.67yrs||no data||0.024% |
|Senior VP & Chief Information Officer||no data||no data||no data|
|Senior VP & Chief Marketing Officer||4.83yrs||no data||no data|
|Senior Vice President of Human Resources||15.08yrs||no data||no data|
|Senior Vice President of Public Affairs||no data||no data||no data|
|Senior Vice President of Regional Operations||4.33yrs||no data||no data|
|Senior Vice President of Regional Operations||no data||no data||no data|
|Senior VP of Interactive Gaming & Head of Penn Interactive Ventures||1.58yrs||no data||no data|
Experienced Management: PENN's management team is considered experienced (3 years average tenure).
|CEO, President & Director||0.67yr||US$10.98m||0.12% |
|Independent Director||7.25yrs||US$319.99k||0.0092% |
|Chairman Emeritus||1.25yrs||US$425.00k||3.88% |
|Independent Director||25.67yrs||US$319.99k||0.12% |
|Independent Lead Director||no data||US$319.99k||0.035% |
|Independent Director||5.42yrs||US$309.99k||0.027% |
|Independent Chairman||1.25yrs||US$388.12k||0.16% |
Experienced Board: PENN's board of directors are not considered experienced ( 2.5 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: PENN insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 30.9%.
Penn National Gaming, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Penn National Gaming, Inc.
- Ticker: PENN
- Exchange: NasdaqGS
- Founded: 1972
- Industry: Casinos and Gaming
- Sector: Consumer Services
- Market Cap: US$10.543b
- Shares outstanding: 150.94m
- Website: https://www.pngaming.com
Number of Employees
- Penn National Gaming, Inc.
- 825 Berkshire Boulevard
- Suite 200
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|PENN||NasdaqGS (Nasdaq Global Select)||Yes||Common Shares||US||USD||May 1994|
|PN1||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||May 1994|
Penn National Gaming, Inc., together with its subsidiaries, owns and manages gaming and racing properties, and operates video gaming terminals with a focus on slot machine entertainment. The company operat ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/09/26 06:06|
|End of Day Share Price||2020/09/25 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.