PENN Entertainment P/E 2024

PENN Entertainment P/E

-24.92

PENN Entertainment Dividend yield

Ticker

PENN

ISIN

US7075691094

WKN

905441

As of Apr 30, 2024, PENN Entertainment's P/E ratio was -24.92, a 223.64% change from the -7.7 P/E ratio recorded in the previous year.

The PENN Entertainment P/E history

PENN Entertainment Aktienanalyse

What does PENN Entertainment do?

Penn National Gaming Inc is a leading company in the gaming and entertainment industry. The company's history dates back to 1971 when it was founded as Hollywood Park. Over the years, the company expanded its portfolio of locations and casinos and eventually changed its name to Penn National Gaming Inc. Penn National Gaming Inc's business model focuses on creating unique and diverse experiences for its customers. The company currently has over 40 locations in the United States, including casinos, gaming halls, and racetracks. One of the important divisions of Penn National Gaming Inc is the casino business, which offers a variety of classic games such as blackjack, roulette, poker, and modern slot machines. The company also has an online casino platform that is currently available to players in selected states in the USA. Another important division is the entertainment business, which includes venues such as Hipodromo Argentino de Palermo in Argentina, Mahoning Valley Race Course in Ohio, and Hollywood Casino Tunica that regularly host concerts and shows. Additionally, the company has a stake in Barstool Sports, a leading media and entertainment company specializing in sports reporting, online content, and podcasts. The goal is to provide an integrated experience that incorporates Barstool Sports media solutions into Penn's gambling portfolio. Another business area is the horse racing tracks. The company operates several racetracks, including Hollywood Casino Bangor Raceway in Maine, Mahoning Valley Race Course in Ohio, and Plainridge Park Racecourse in Massachusetts. In recent years, the company has diversified its business areas by investing in sports betting and online gaming. One of the current developments is the acquisition of Score Media and Gaming Inc., a company involved in sports betting and online gaming. The goal of this acquisition is to expand Penn National Gaming Inc's sports betting and online gaming offerings in Canada and establish a strong presence in this market. In summary, Penn National Gaming Inc is a versatile company that focuses on providing exciting gambling and entertainment experiences. With its various divisions and products, the company reaches a wide audience worldwide and creates unique experiences for its customers. The recent investments in sports betting and online gaming demonstrate the company's commitment to further diversify and explore new business areas. PENN Entertainment ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering PENN Entertainment's P/E Ratio

The Price to Earnings (P/E) Ratio of PENN Entertainment is a vital metric that investors and analysts use to determine the company’s market value relative to its earnings. It is calculated by dividing the current stock price by the earnings per share (EPS). A higher P/E ratio could suggest that investors are expecting higher future growth, while a lower ratio may indicate a potentially undervalued company or lower growth expectations.

Year-to-Year Comparison

Assessing PENN Entertainment's P/E ratio on a yearly basis provides insights into the valuation trends and investor sentiment. An increasing P/E ratio over the years signifies growing investor confidence and expectations for future earnings growth, while a decreasing ratio may reflect concerns over the company's profitability or growth prospects.

Impact on Investments

The P/E ratio of PENN Entertainment is a key consideration for investors aiming to balance risk and reward. A comprehensive analysis of this ratio, in conjunction with other financial indicators, aids investors in making informed decisions regarding buying, holding, or selling the company’s stocks.

Interpreting P/E Ratio Fluctuations

Fluctuations in PENN Entertainment’s P/E ratio can be attributed to various factors including changes in earnings, stock price movements, and shifts in investor expectations. Understanding the underlying reasons for these fluctuations is essential for predicting future stock performance and assessing the company's intrinsic value.

Frequently Asked Questions about PENN Entertainment Stock

What is the price-to-earnings ratio of PENN Entertainment?

The price-earnings ratio of PENN Entertainment is currently -24.92.

How has the price-earnings ratio of PENN Entertainment changed compared to last year?

The price-to-earnings ratio of PENN Entertainment has increased by 223.64% increased compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of PENN Entertainment high compared to other companies?

Yes, the price-to-earnings ratio of PENN Entertainment is high compared to other companies.

How does an increase in the price-earnings ratio of PENN Entertainment affect the company?

An increase in the price-earnings ratio of PENN Entertainment would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of PENN Entertainment affect the company?

A decrease in the price-earnings ratio of PENN Entertainment would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of PENN Entertainment?

Some factors that influence the price-earnings ratio of PENN Entertainment are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does PENN Entertainment pay?

Over the past 12 months, PENN Entertainment paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, PENN Entertainment is expected to pay a dividend of 0 USD.

What is the dividend yield of PENN Entertainment?

The current dividend yield of PENN Entertainment is .

When does PENN Entertainment pay dividends?

PENN Entertainment pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of PENN Entertainment?

PENN Entertainment paid dividends every year for the past 0 years.

What is the dividend of PENN Entertainment?

For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.

In which sector is PENN Entertainment located?

PENN Entertainment is assigned to the 'Cyclical consumption' sector.

Wann musste ich die Aktien von PENN Entertainment kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of PENN Entertainment from 4/30/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 4/30/2024.

When did PENN Entertainment pay the last dividend?

The last dividend was paid out on 4/30/2024.

What was the dividend of PENN Entertainment in the year 2023?

In the year 2023, PENN Entertainment distributed 0 USD as dividends.

In which currency does PENN Entertainment pay out the dividend?

The dividends of PENN Entertainment are distributed in USD.

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Andere Kennzahlen von PENN Entertainment

Our stock analysis for PENN Entertainment Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of PENN Entertainment Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.