PENN Entertainment (NASDAQ:PENN) Given New $17.00 Price Target at Deutsche Bank Aktiengesellschaft

PENN Entertainment (NASDAQ:PENN) had its price objective boosted by stock analysts at Deutsche Bank Aktiengesellschaft from $16.00 to $17.00 in a research report issued on Friday,MarketScreener reports. The firm presently has a “hold” rating on the stock. Deutsche Bank Aktiengesellschaft’s target price indicates a potential upside of 18.43% from the stock’s current price.

A number of other equities analysts also recently weighed in on the company. Morgan Stanley reduced their price target on PENN Entertainment from $17.00 to $15.00 and set an “equal weight” rating for the company in a research report on Friday, January 16th. Wells Fargo & Company upgraded shares of PENN Entertainment from an “underweight” rating to an “equal weight” rating and boosted their price objective for the stock from $15.00 to $16.00 in a research note on Friday. Jefferies Financial Group restated a “hold” rating and issued a $17.00 price objective on shares of PENN Entertainment in a research note on Wednesday, December 24th. Weiss Ratings restated a “sell (d-)” rating on shares of PENN Entertainment in a research note on Monday, December 29th. Finally, Stifel Nicolaus upgraded PENN Entertainment from a “hold” rating to a “buy” rating and boosted their price objective for the stock from $19.00 to $21.00 in a report on Friday, November 7th. Nine research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, PENN Entertainment currently has a consensus rating of “Hold” and a consensus price target of $19.73.

PENN Entertainment Stock Down 2.0%

NASDAQ:PENN opened at $14.35 on Friday. PENN Entertainment has a 1 year low of $11.65 and a 1 year high of $22.13. The company has a current ratio of 0.75, a quick ratio of 0.75 and a debt-to-equity ratio of 3.65. The stock has a market cap of $1.91 billion, a price-to-earnings ratio of -2.26, a PEG ratio of 0.39 and a beta of 1.39. The stock has a 50-day moving average price of $13.76 and a two-hundred day moving average price of $15.95.

PENN Entertainment (NASDAQ:PENN) last announced its earnings results on Thursday, February 26th. The company reported $0.07 EPS for the quarter, topping the consensus estimate of ($0.23) by $0.30. The firm had revenue of $1.81 billion for the quarter, compared to the consensus estimate of $1.76 billion. PENN Entertainment had a negative net margin of 13.24% and a negative return on equity of 4.59%. The business’s quarterly revenue was up 8.2% on a year-over-year basis. During the same period last year, the company posted ($0.44) EPS. As a group, equities analysts expect that PENN Entertainment will post -1.61 earnings per share for the current year.

Institutional Investors Weigh In On PENN Entertainment

A number of large investors have recently modified their holdings of the business. Quarry LP acquired a new position in shares of PENN Entertainment during the 4th quarter worth $36,000. IFP Advisors Inc grew its position in PENN Entertainment by 76.2% in the fourth quarter. IFP Advisors Inc now owns 2,766 shares of the company’s stock valued at $41,000 after acquiring an additional 1,196 shares during the last quarter. Triumph Capital Management bought a new position in shares of PENN Entertainment in the third quarter worth about $54,000. Cloud Capital Management LLC acquired a new stake in shares of PENN Entertainment in the 3rd quarter valued at approximately $54,000. Finally, GAMMA Investing LLC grew its holdings in shares of PENN Entertainment by 22.4% during the 3rd quarter. GAMMA Investing LLC now owns 3,042 shares of the company’s stock valued at $59,000 after purchasing an additional 556 shares during the last quarter. Institutional investors and hedge funds own 91.69% of the company’s stock.

Trending Headlines about PENN Entertainment

Here are the key news stories impacting PENN Entertainment this week:

• Positive Sentiment: Q4 results beat consensus — PENN reported adjusted EPS of $0.07 vs. a consensus loss of $0.23 and revenue of $1.81B (vs. ~$1.76B expected), which triggered the initial rally as investors digested the upside. PENN Surpasses Q4 Earnings
• Positive Sentiment: Management issued an upbeat outlook and operational targets — PENN guided to double-digit growth for the year, is targeting ~20% interactive-segment EBITDAR growth and ~$3 per-share free cash flow in 2026, and highlighted positive momentum after rebranding its U.S. sportsbook to theScore Bet and early adjusted EBITDA improvement. Penn targets 20% interactive segment growth
• Positive Sentiment: Analyst upgrade — Wells Fargo moved PENN from “underweight” to “equal weight” and raised its price target to $16, providing additional buy-side validation and likely supporting momentum. Wells Fargo upgrade report
• Neutral Sentiment: Company-level changes reported — Local coverage notes “changes brewing” at PENN (operational/organizational items were discussed on the call), which could be positive or neutral depending on execution; investors will watch follow-ups. Changes brewing at PENN Entertainment
• Negative Sentiment: Regulatory/legal uncertainty — Management flagged prediction-market litigation (CEO wants cases to reach the Supreme Court quickly), highlighting unresolved legal risk that could affect future interactive offerings and timing of revenue realization. Prediction market lawsuits coverage
• Negative Sentiment: Balance-sheet and profitability caveats — Despite the quarter’s beats, PENN still shows negative net margin and ROE, high leverage (debt-to-equity ~3.65) and analysts expect a negative full-year EPS; these structural issues keep earnings risk elevated if growth or cost plans falter. PENN financial profile

About PENN Entertainment

PENN Entertainment, Inc (NASDAQ: PENN) is a leading operator of gaming and racing facilities in the United States. The company’s business activities encompass land-based casinos, pari-mutuel racetracks, off-track wagering, and ancillary amenities such as hotels, restaurants and entertainment venues. In August 2022, the company rebranded from Penn National Gaming to PENN Entertainment to reflect its expanding footprint across digital and traditional segments of the gaming industry.

The company’s portfolio includes well-known properties under the Hollywood Casino and Ameristar Casino brands, located across multiple states including Pennsylvania, Ohio, Missouri and West Virginia.