Penn Entertainment Stock Surges After Upgrade From JPMorgan, Anticipating Growth [Yahoo! Finance]
PENN Entertainment, Inc. (PENN)
Last penn entertainment, inc. earnings: 2/6 07:00 am
Check Earnings Report
US:NASDAQ Investor Relations:
pennnationalgaming.gcs-web.com/investor-overview
Company Research
Source: Yahoo! Finance
The analysts boosted their rating for Penn to "overweight" from "neutral," and lifted their price target to $27 from $19. Despite Friday's gains, Penn shares have lost nearly one-fifth of their value since the start of the year. Penn Entertainment ( PENN ) shares surged Friday after JPMorgan upgraded the casino operator's stock, anticipating growth as its investments begin to pay off. The firm boosted its rating for Penn to "overweight" from "neutral," and lifted its price target to $27 from $19, implying about 30% upside from Friday's intraday price of $20.81. The analysts told clients they see Penn's investments in retail projects "beginning to bear fruit and ultimately generating attractive double-digit cash-on-cash returns" beginning in the second half of 2025 and into 2026. They projected improving free cash flow because of land-based capital expenditures “dropping dramatically” in 2026, and Penn's ability to deploy that free cash flow to “de-lever and reduce its not s
Show less
Read more
Impact Snapshot
Event Time:
PENN
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
PENN alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
PENN alerts
High impacting PENN Entertainment, Inc. news events
Weekly update
A roundup of the hottest topics
PENN
News
- PENN Debuts Stand-Alone Hollywood Casino App in Pennsylvania [Yahoo! Finance]Yahoo! Finance
- Q3 Earnings Roundup: PENN Entertainment (NASDAQ:PENN) And The Rest Of The Casino Operator Segment [Yahoo! Finance]Yahoo! Finance
- PENN Entertainment Launches New Hollywood Casino App in PennsylvaniaBusiness Wire
- PENN Entertainment, Inc. (NASDAQ: PENN) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
- 1 person dead, 6 displaced after residential fire in Baltimore [CBS News]CBS News
PENN
Earnings
- 11/7/24 - Beat
PENN
Sec Filings
- 12/4/24 - Form 8-K
- 11/12/24 - Form 8-K
- 11/12/24 - Form SC
- PENN's page on the SEC website