Penn National Gaming, Inc., together with its subsidiaries, owns and manages gaming and racing properties, and operates video gaming terminals. More Details
Reasonable growth potential with mediocre 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 is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: PENN's weekly volatility (7%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: PENN exceeded the US Hospitality industry which returned 49.3% over the past year.
Return vs Market: PENN exceeded the US Market which returned 37.5% over the past year.
Long-Term 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
3 weeks ago | Simply Wall StWhat Kind Of Investors Own Most Of Penn National Gaming, Inc. (NASDAQ:PENN)?
1 month ago | Simply Wall StCalculating The Fair Value Of Penn National Gaming, Inc. (NASDAQ:PENN)
Is Penn National Gaming undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: PENN ($68.38) is trading below our estimate of fair value ($95.05)
Significantly Below Fair Value: PENN is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: PENN is poor value based on its PE Ratio (327.1x) compared to the US Hospitality industry average (36.8x).
PE vs Market: PENN is poor value based on its PE Ratio (327.1x) compared to the US market (18.4x).
Price to Earnings Growth Ratio
PEG Ratio: PENN is poor value based on its PEG Ratio (16.1x)
Price to Book Ratio
PB vs Industry: PENN is overvalued based on its PB Ratio (3.9x) compared to the US Hospitality industry average (3.7x).
How is Penn National Gaming forecast to perform in the next 1 to 3 years based on estimates from 15 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: PENN's forecast earnings growth (20.3% per year) is above the savings rate (2%).
Earnings vs Market: PENN's earnings (20.3% per year) are forecast to grow faster than the US market (14.9% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: PENN's revenue (10% per year) is forecast to grow faster than the US market (9.2% per year).
High Growth Revenue: PENN's revenue (10% 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 (13.6%).
How has Penn National Gaming performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PENN has a large one-off gain of $131.7M impacting its March 31 2021 financial results.
Growing Profit Margin: PENN became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: PENN has become profitable over the past 5 years, growing earnings by -51.2% per year.
Accelerating Growth: PENN has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: PENN has become profitable in the last year, making it difficult to compare its past year earnings growth to the Hospitality industry (10.1%).
Return on Equity
High ROE: PENN's Return on Equity (1.1%) is considered low.
How is Penn National Gaming's financial position?
Financial Position Analysis
Short Term Liabilities: PENN's short term assets ($2.3B) exceed its short term liabilities ($947.3M).
Long Term Liabilities: PENN's short term assets ($2.3B) do not cover its long term liabilities ($11.2B).
Debt to Equity History and Analysis
Debt Level: PENN's debt to equity ratio (86.2%) is considered high.
Reducing Debt: PENN had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: PENN's debt is well covered by operating cash flow (23.3%).
Interest Coverage: PENN's interest payments on its debt are not well covered by EBIT (0.7x coverage).
What is Penn National Gaming current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate PENN's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate PENN's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if PENN's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if PENN's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of PENN's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Jay Snowden (45 yo)
Mr. Jay A. Snowden has been Chief Executive Officer of Penn National Gaming, Inc., since January 1, 2020. He has been President at Penn National Gaming, Inc., since March 29, 2017 and was its Chief Operati...
CEO Compensation Analysis
Compensation vs Market: Jay's total compensation ($USD3.90M) is below average for companies of similar size in the US market ($USD11.23M).
Compensation vs Earnings: Jay's compensation has been consistent with company performance over the past year.
Experienced Management: PENN's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.
Experienced Board: PENN's board of directors are not considered experienced ( 2.7 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: Insufficient data to determine if insiders have bought more shares than they have sold 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 15.2%.
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$10.657b
- Shares outstanding: 155.85m
- Website: https://www.pngaming.com
Number of Employees
- Penn National Gaming, Inc.
- 825 Berkshire Boulevard
- Suite 200
- United States
Penn National Gaming, Inc., together with its subsidiaries, owns and manages gaming and racing properties, and operates video gaming terminals. It operates through four segments: Northeast, South, West, an...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/07/31 05:39|
|End of Day Share Price||2021/07/30 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.