Beyond The Numbers: 18 Analysts Discuss PENN Entertainment Stock
Portfolio Pulse from Benzinga Insights
18 analysts have recently published ratings on PENN Entertainment (NASDAQ:PENN), showing a range of perspectives from bullish to bearish. The average 12-month price target has decreased by 7.63% to $25.19. Analysts have adjusted their ratings and price targets, reflecting a negative shift in sentiment. PENN Entertainment faces challenges with declining revenue, low net margins, and below-average ROE and ROA.
May 15, 2024 | 2:01 pm
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NEGATIVE IMPACT
Analysts have shown a negative shift in sentiment towards PENN Entertainment, with the average 12-month price target decreasing by 7.63% to $25.19. The company faces challenges with declining revenue, low net margins, and below-average ROE and ROA.
The decrease in the average price target and the negative shift in sentiment from analysts indicate potential short-term downward pressure on PENN's stock price. The company's financial challenges, including declining revenue and low profitability metrics, further support this outlook.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100