$0.21 EPS Expected for Penn National Gaming, Inc (PENN)

September 30, 2017 - By Richard Conner


Investors sentiment decreased to 1.26 in Q2 2017. Its down 0.06, from 1.32 in 2017Q1. It is negative, as 24 investors sold Penn National Gaming, Inc shares while 58 reduced holdings. 39 funds opened positions while 64 raised stakes. 84.67 million shares or 4.03% more from 81.39 million shares in 2017Q1 were reported.
Moreover, Adams Diversified Equity Fund Inc has 0.08% invested in Penn National Gaming, Inc (NASDAQ:PENN). The Hong Kong-based Parametrica Management Limited has invested 0.23% in Penn National Gaming, Inc (NASDAQ:PENN). Convergence Invest Partners Ltd Co holds 0.46% of its portfolio in Penn National Gaming, Inc (NASDAQ:PENN) for 145,603 shares. Legal & General Grp Inc Public Ltd Company has invested 0% in Penn National Gaming, Inc (NASDAQ:PENN). Voya Invest Management Limited Liability Company stated it has 39,066 shares. Us National Bank & Trust De reported 20 shares. Guggenheim Capital Limited Liability Corp holds 0% or 73,069 shares in its portfolio. Ubs Oconnor Lc has 0% invested in Penn National Gaming, Inc (NASDAQ:PENN). Trexquant Inv Ltd Partnership stated it has 0.08% of its portfolio in Penn National Gaming, Inc (NASDAQ:PENN). Swiss Bancorporation, a Switzerland-based fund reported 143,800 shares. Vantage Advisors Ltd Liability Co holds 67 shares or 0% of its portfolio. James Investment invested in 0.07% or 107,155 shares. Riggs Asset Managment Com has 800 shares. Great West Life Assurance Com Can holds 0.01% or 140,572 shares in its portfolio. Acadian Asset Limited Company reported 0.09% stake.

Investors wait Penn National Gaming, Inc (NASDAQ:PENN) to report on October, 26. its quarterly earnings Wall Street analysts expect $0.21 earnings per share, down $0.30 or 58.82 % from last year’s $0.51 same quarter earnings. This translates into $19.21M profit for PENN giving the stock a 27.85 P/E. This is assuming the current $0.21 EPS is accurate. Penn National Gaming, Inc’s Wall Street analysts see 16.67 % EPS growth, taking into account the $0.18 EPS reproted in the previous quarter, The stock increased 0.78% or $0.18 on September 29, reaching $23.39. About 579,038 shares traded. Penn National Gaming, Inc (NASDAQ:PENN) has risen 33.06% since September 30, 2016 and is uptrending. It has outperformed by 16.36% the S&P500.

Penn National Gaming, Inc (NASDAQ:PENN) Ratings Coverage

Among 9 analysts covering Penn National Gaming (NASDAQ:PENN), 4 have Buy rating, 0 Sell and 5 Hold. Therefore 44% are positive. Penn National Gaming had 18 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of Penn National Gaming, Inc (NASDAQ:PENN) earned “Buy” rating by Stifel Nicolaus on Thursday, July 27. Telsey Advisory Group upgraded Penn National Gaming, Inc (NASDAQ:PENN) on Tuesday, January 19 to “Outperform” rating. The stock has “Buy” rating by Deutsche Bank on Thursday, June 22. Telsey Advisory Group maintained the shares of PENN in report on Friday, February 5 with “Outperform” rating. Deutsche Bank maintained Penn National Gaming, Inc (NASDAQ:PENN) rating on Thursday, July 27. Deutsche Bank has “Buy” rating and $2500 target. The firm has “Outperform” rating by Telsey Advisory Group given on Friday, July 29. The stock of Penn National Gaming, Inc (NASDAQ:PENN) has “Buy” rating given on Thursday, July 13 by Stifel Nicolaus. The stock has “Outperform” rating by Telsey Advisory Group on Friday, October 28. JP Morgan downgraded the stock to “Neutral” rating in Thursday, January 5 report. The rating was maintained by Deutsche Bank on Wednesday, December 7 with “Buy”.

Penn National Gaming, Inc. is an owner and manager of gaming and racing facilities, and video gaming terminal activities with a focus on slot machine entertainment. The company has market cap of $2.14 billion. The Firm operates through three divisions: Northeast, South/West and Midwest. It has a 30.41 P/E ratio. The Northeast segment consists of various properties, including Hollywood Casino at Charles Town Races, Hollywood Casino Bangor, Hollywood Casino at Penn National Race Course and Hollywood Casino Toledo.

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