PENN Entertainment, Inc., together with its subsidiaries, provides integrated entertainment, sports content, and casino gaming experiences. The company operates through five segments: Northeast, South, West, Midwest, and Interactive. It operates portfolio of casinos, racetracks, and online sports betting in various jurisdictions; and iCasino under Hollywood Casino, L’Auberge, ESPN BET, and theScore BET Sportsbook and Casino brands. The company also engages in gaming operations, such as slot machines and table games; food and beverage offerings; and hotel visitation. In addition, its portfolio includes PENN Play, customer loyalty program, which offers a set of rewards and experiences. Further, the company owns various trademarks and service marks, including Ameristar, Argosy, Boomtown, Hollywood Casino, Hollywood Gaming, L’Auberge, M Resort, PENN Entertainment, and PENN Play, as well as theScore, theScore Bet, and theScore esports. The company was formerly known as Penn National Gaming, Inc. and changed its name to PENN Entertainment, Inc. in August 2022. PENN Entertainment, Inc. was founded in 1972 and is based in Wyomissing, Pennsylvania.
Digital Gaming Shift | PENN Entertainment pivots towards iGaming and sports betting, aiming to capture market share and drive future growth in the evolving digital landscape |
Financial Challenges | Explore PENN's financial performance, including revenue growth and debt concerns, as it navigates the transition from traditional casinos to digital gaming |
Competitive Pressures | Delve into PENN's market position amid increased competition from new casino openings and established players in the digital gaming space |
Strategic Outlook | Analyst price targets range from $18 to $26, reflecting varied perspectives on PENN's potential for growth and its ability to execute strategic initiatives |
Metrics to compare | PENN | Sector Sector - Average of metrics from a broad group of related Consumer Cyclicals sector companies | Relationship RelationshipPENNPeersSector | |
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P/E Ratio | −29.6x | 29.2x | 10.7x | |
PEG Ratio | −0.32 | −0.18 | 0.02 | |
Price/Book | 0.8x | 7.6x | 1.4x | |
Price / LTM Sales | 0.4x | 2.1x | 0.9x | |
Upside (Analyst Target) | 21.5% | 25.7% | 22.8% | |
Fair Value Upside | Unlock | 4.9% | 10.9% | Unlock |