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Why PENN Entertainment (PENN) is a Top Momentum Stock for the Long-Term
ZACKS· 2025-06-25 14:56
Company Overview - PENN Entertainment, incorporated in Pennsylvania in 1982, is a leading multi-jurisdictional owner and manager of gaming and racing facilities, focusing on slot machine entertainment [11] - The company has a geographically widespread portfolio, indicating a strong market presence [11] Zacks Rank and Style Scores - PENN is currently rated 3 (Hold) on the Zacks Rank, with a VGM Score of A, suggesting a solid overall performance [12] - The Momentum Style Score for PENN is B, with shares having increased by 13.7% over the past four weeks, indicating positive momentum [12] - Two analysts have revised their earnings estimates upwards for fiscal 2025, with the Zacks Consensus Estimate increasing by $0.42 to $0.14 per share [12] Investment Potential - PENN's average earnings surprise stands at 13.5%, showcasing its ability to exceed earnings expectations [12] - With a strong Zacks Rank and high Momentum and VGM Style Scores, PENN is recommended for investors' consideration [13]
Why PENN Entertainment (PENN) is a Top Value Stock for the Long-Term
ZACKS· 2025-06-24 14:46
Company Overview - PENN Entertainment was incorporated in Pennsylvania in 1982 and became publicly traded in 1994, focusing on gaming and racing facilities with a strong emphasis on slot machine entertainment [11] - The company operates across multiple jurisdictions and has a diverse portfolio of gaming facilities [11] Zacks Rank and Style Scores - PENN is currently rated as 3 (Hold) on the Zacks Rank, indicating a neutral outlook [12] - The company has a VGM Score of A, reflecting strong overall performance across value, growth, and momentum metrics [12] - PENN's Value Style Score is B, supported by attractive valuation metrics such as a forward P/E ratio of 122.81, which may appeal to value investors [12] Earnings Estimates and Performance - In the last 60 days, two analysts have revised their earnings estimates higher for fiscal 2025, with the Zacks Consensus Estimate increasing by $0.42 to $0.14 per share [12] - PENN has demonstrated an average earnings surprise of 13.5%, indicating a history of exceeding earnings expectations [12] Investment Consideration - With a solid Zacks Rank and strong Value and VGM Style Scores, PENN Entertainment is recommended for investors' consideration [13]