Workflow
Slot Machine Entertainment
icon
Search documents
Why PENN Entertainment (PENN) is a Top Growth Stock for the Long-Term
ZACKS· 2026-03-03 15:46
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 3 (Hold) on the Zacks Rank, indicating a neutral outlook [12] - The company has a VGM Score of A, suggesting it has attractive value, growth, and momentum characteristics [12] - PENN's Growth Style Score is also A, forecasting a significant year-over-year earnings growth of 118.5% for the current fiscal year [12] Earnings Estimates and Performance - In the last 60 days, two analysts have revised their earnings estimates upwards, with the Zacks Consensus Estimate increasing by $0.18 to $1.08 per share [12] - PENN has demonstrated an average earnings surprise of +93.6%, indicating strong performance relative to expectations [12] Investment Consideration - With a solid Zacks Rank and top-tier Growth and VGM Style Scores, PENN is recommended as a potential investment opportunity for growth investors [13]