Switch to:
Also traded in: Germany

GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 3/10

vs
industry
vs
history
Cash to Debt 0.04
NAS:PENN's Cash to Debt is ranked lower than
91% of the 879 Companies
in the Global Resorts & Casinos industry.

( Industry Median: 0.64 vs. NAS:PENN: 0.04 )
Ranked among companies with meaningful Cash to Debt only.
NAS:PENN' s Cash to Debt Range Over the Past 10 Years
Min: 0.04  Med: 0.11 Max: 0.33
Current: 0.04
0.04
0.33
Equity to Asset -0.11
NAS:PENN's Equity to Asset is ranked lower than
97% of the 859 Companies
in the Global Resorts & Casinos industry.

( Industry Median: 0.53 vs. NAS:PENN: -0.11 )
Ranked among companies with meaningful Equity to Asset only.
NAS:PENN' s Equity to Asset Range Over the Past 10 Years
Min: -0.15  Med: 0.31 Max: 0.45
Current: -0.11
-0.15
0.45
Interest Coverage 1.13
NAS:PENN's Interest Coverage is ranked lower than
90% of the 725 Companies
in the Global Resorts & Casinos industry.

( Industry Median: 12.79 vs. NAS:PENN: 1.13 )
Ranked among companies with meaningful Interest Coverage only.
NAS:PENN' s Interest Coverage Range Over the Past 10 Years
Min: 0.6  Med: 2.51 Max: 5.02
Current: 1.13
0.6
5.02
F-Score: 4
Z-Score: 0.59
M-Score: -3.15
WACC vs ROIC
7.13%
12.22%
WACC
ROIC
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 6/10

vs
industry
vs
history
Operating margin (%) 17.18
NAS:PENN's Operating margin (%) is ranked higher than
76% of the 873 Companies
in the Global Resorts & Casinos industry.

( Industry Median: 7.69 vs. NAS:PENN: 17.18 )
Ranked among companies with meaningful Operating margin (%) only.
NAS:PENN' s Operating margin (%) Range Over the Past 10 Years
Min: -15.26  Med: 12.36 Max: 24.57
Current: 17.18
-15.26
24.57
Net-margin (%) 3.15
NAS:PENN's Net-margin (%) is ranked lower than
57% of the 873 Companies
in the Global Resorts & Casinos industry.

( Industry Median: 4.84 vs. NAS:PENN: 3.15 )
Ranked among companies with meaningful Net-margin (%) only.
NAS:PENN' s Net-margin (%) Range Over the Past 10 Years
Min: -20.92  Med: -1.2 Max: 13.91
Current: 3.15
-20.92
13.91
ROA (%) 1.84
NAS:PENN's ROA (%) is ranked lower than
54% of the 882 Companies
in the Global Resorts & Casinos industry.

( Industry Median: 2.44 vs. NAS:PENN: 1.84 )
Ranked among companies with meaningful ROA (%) only.
NAS:PENN' s ROA (%) Range Over the Past 10 Years
Min: -11.5  Med: -0.65 Max: 7.52
Current: 1.84
-11.5
7.52
ROC (Joel Greenblatt) (%) 18.98
NAS:PENN's ROC (Joel Greenblatt) (%) is ranked higher than
66% of the 877 Companies
in the Global Resorts & Casinos industry.

( Industry Median: 9.38 vs. NAS:PENN: 18.98 )
Ranked among companies with meaningful ROC (Joel Greenblatt) (%) only.
NAS:PENN' s ROC (Joel Greenblatt) (%) Range Over the Past 10 Years
Min: -17.78  Med: 13.37 Max: 46.69
Current: 18.98
-17.78
46.69
Revenue Growth (3Y)(%) 6.40
NAS:PENN's Revenue Growth (3Y)(%) is ranked higher than
66% of the 722 Companies
in the Global Resorts & Casinos industry.

( Industry Median: 2.40 vs. NAS:PENN: 6.40 )
Ranked among companies with meaningful Revenue Growth (3Y)(%) only.
NAS:PENN' s Revenue Growth (3Y)(%) Range Over the Past 10 Years
Min: -5.1  Med: 20 Max: 85.3
Current: 6.4
-5.1
85.3
EBITDA Growth (3Y)(%) 9.80
NAS:PENN's EBITDA Growth (3Y)(%) is ranked higher than
61% of the 626 Companies
in the Global Resorts & Casinos industry.

( Industry Median: 4.80 vs. NAS:PENN: 9.80 )
Ranked among companies with meaningful EBITDA Growth (3Y)(%) only.
NAS:PENN' s EBITDA Growth (3Y)(%) Range Over the Past 10 Years
Min: -86.5  Med: 29.9 Max: 580.7
Current: 9.8
-86.5
580.7
EPS Growth (3Y)(%) -82.30
NAS:PENN's EPS Growth (3Y)(%) is ranked lower than
98% of the 540 Companies
in the Global Resorts & Casinos industry.

( Industry Median: 1.50 vs. NAS:PENN: -82.30 )
Ranked among companies with meaningful EPS Growth (3Y)(%) only.
NAS:PENN' s EPS Growth (3Y)(%) Range Over the Past 10 Years
Min: -82.3  Med: 44.7 Max: 115.3
Current: -82.3
-82.3
115.3
» NAS:PENN's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow
Oprt. Cash Flow & Net Income

» Details

Guru Trades

Q4 2015

PENN Guru Trades in Q4 2015

Steven Cohen 60,700 sh (New)
Jim Simons 1,444,100 sh (+62.09%)
Paul Tudor Jones Sold Out
Ron Baron 7,697,691 sh (-0.18%)
Murray Stahl 38,576 sh (-6.84%)
Mario Gabelli 21,000 sh (-16.00%)
Jeremy Grantham 33,100 sh (-53.71%)
» More
Q1 2016

PENN Guru Trades in Q1 2016

RS Investment Management 40,039 sh (New)
Paul Tudor Jones 25,300 sh (New)
Jim Simons 1,946,100 sh (+34.76%)
Ron Baron 7,817,941 sh (+1.56%)
Steven Cohen Sold Out
Mario Gabelli 20,000 sh (-4.76%)
Murray Stahl 34,358 sh (-10.93%)
Jeremy Grantham 23,000 sh (-30.51%)
» More
Q2 2016

PENN Guru Trades in Q2 2016

Joel Greenblatt 427,587 sh (New)
RS Investment Management 1,663,114 sh (+4053.74%)
Paul Tudor Jones 31,900 sh (+26.09%)
Jim Simons 2,429,600 sh (+24.84%)
Mario Gabelli 20,000 sh (unchged)
Jeremy Grantham Sold Out
Ron Baron 7,436,143 sh (-4.88%)
Murray Stahl 29,164 sh (-15.12%)
» More
Q3 2016

PENN Guru Trades in Q3 2016

Steven Cohen 545,700 sh (New)
Barrow, Hanley, Mewhinney & Strauss 147,553 sh (New)
Murray Stahl 31,806 sh (+9.06%)
Mario Gabelli 20,000 sh (unchged)
Joel Greenblatt Sold Out
Ron Baron 7,155,983 sh (-3.77%)
Jim Simons 1,938,000 sh (-20.23%)
Paul Tudor Jones 21,000 sh (-34.17%)
» More
» Details

Insider Trades

Latest Guru Trades with PENN

(List those with share number changes of more than 20%, or impact to portfolio more than 0.1%)

No Entry found in the selected group of Gurus. You can
  • 1. Modify your Personalized List of Gurus, or
  • 2. Click on Premium Premium Tools above to check out all the Gurus, or
  • 3. Click on Premium Plus Premium Plus above for the stocks picks of all the institutional investment advisors (>4000)
» Interactive Charts

Peter Lynch Chart ( What is Peter Lynch Charts )

Business Description

Industry: Travel & Leisure » Resorts & Casinos
Compare:NAS:CZR, OTCPK:WSBHF, OTCPK:NGCRY, NAS:ISLE, NYSE:LQ, NAS:PNK, NAS:CACQ, OTCPK:TPCA, NAS:NYNY, NAS:ERI, NAS:MCRI, NAS:GDEN, OTCPK:GHIFF, NAS:CNTY, NYSE:BYD, NYSE:VAC, OTCPK:TWOC, NAS:FLL, AMEX:UWN, NAS:IKGH » details
Traded in other countries:PN1.Germany,
Penn National Gaming Inc along with its subsidiaries, is a diversified, multi-jurisdictional owner and manager of gaming and pari-mutuel properties.

Penn National Gaming Inc was incorporated in Pennsylvania in 1972 as PNRC Corp. and adopted its current name in 1994, when the Company became a public company. The Company, along with its subsidiaries, is a diversified, multi-jurisdictional owner and manager of gaming and pari-mutuel properties. In 1997, the Company began its transition from a pari-mutuel company to a gaming company with the acquisition of the Charles Town property and the introduction of video lottery terminals in West Virginia. Since 1997, the Company has continued to expand its gaming operations through acquisitions, greenfield projects and property expansions. The Company aggregates its properties into three reportable segments: Midwest, East/West, and Southern Plains. The Midwest reportable segment consists of the following properties: Hollywood Casino Lawrenceburg, Hollywood Casino Aurora, Hollywood Casino Joliet, Argosy Casino Alton, Hollywood Casino Toledo, and Hollywood Casino Columbus. The East/West reportable segment consists of the following properties: Hollywood Casino at Charles Town Races, Hollywood Casino Bangor, Hollywood Casino at Penn National Race Course, Zia Park Casino, and the M Resort. The Southern Plains reportable segment consists of the following properties: Argosy Casino Riverside, Argosy Casino Sioux City, Hollywood Casino Tunica, Hollywood Casino Bay St. Louis, Boomtown Biloxi, Hollywood Casino St. Louis. The Company owned, managed, or had ownership interests in twenty-seven facilities in seventeen jurisdictions, including Florida, Illinois, Indiana, Iowa, Kansas, Maine, Maryland, Mississippi, Missouri, Nevada, New Jersey, New Mexico, Ohio, Pennsylvania, Texas, West Virginia, and Ontario. The Company faces competition among a large number of participants, including riverboat casinos, dockside casinos, land-based casinos, video lottery, sweepstakes and poker machines not located in casinos, Native American gaming, emerging varieties of Internet gaming and other forms of gaming in the U.S. The Company owns a number of trademarks registered with the U.S. Patent and Trademark Office, including Hollywood Casino, Hollywood Gaming, Argosy, M Resort, Hollywood Poker, Marquee Rewards and Telebet. As owners and managers of gaming and pari-mutuel wagering facilities, the Company is subject to extensive state, local and, in Canada, provincial regulation.

Guru Investment Theses on Penn National Gaming Inc

Baron Funds Comments on Penn National Gaming - Aug 17, 2016

Penn National Gaming, Inc. (NASDAQ:PENN), the largest operator of regional casinos, fell in the quarter over concerns about subdued consumer spending and the company’s leveraged balance sheet. The company’s results have been quite strong, and the new projects they have opened recently in Kansas, Ohio, and Massachusetts have ramped up nicely and are earning good returns. We believe that the stock trades at a significant (one-third) discount to its asset value and that its balance sheet will improve materially from free cash flow generation and the repayment of loans advanced to an Indian tribe to build a new casino, which the company will manage going forward.





From Baron Funds' Small Cap Fund second quarter 2016 shareholder letter.



Check out Ron Baron latest stock trades

Top Ranked Articles about Penn National Gaming Inc

Baron Funds Comments on Penn National Gaming Guru stock highlight
Penn National Gaming, Inc. (NASDAQ:PENN), the largest operator of regional casinos, fell in the quarter over concerns about subdued consumer spending and the company’s leveraged balance sheet. The company’s results have been quite strong, and the new projects they have opened recently in Kansas, Ohio, and Massachusetts have ramped up nicely and are earning good returns. We believe that the stock trades at a significant (one-third) discount to its asset value and that its balance sheet will improve materially from free cash flow generation and the repayment of loans advanced to an Indian tribe to build a new casino, which the company will manage going forward. Read more...

Ratios

vs
industry
vs
history
P/E(ttm) 12.86
PENN's P/E(ttm) is ranked higher than
74% of the 614 Companies
in the Global Resorts & Casinos industry.

( Industry Median: 21.41 vs. PENN: 12.86 )
Ranked among companies with meaningful P/E(ttm) only.
PENN' s P/E(ttm) Range Over the Past 10 Years
Min: 0.98  Med: 5.23 Max: 72.42
Current: 12.86
0.98
72.42
Forward P/E 12.97
PENN's Forward P/E is ranked higher than
69% of the 112 Companies
in the Global Resorts & Casinos industry.

( Industry Median: 16.31 vs. PENN: 12.97 )
Ranked among companies with meaningful Forward P/E only.
N/A
PE(NRI) 12.86
PENN's PE(NRI) is ranked higher than
74% of the 617 Companies
in the Global Resorts & Casinos industry.

( Industry Median: 21.61 vs. PENN: 12.86 )
Ranked among companies with meaningful PE(NRI) only.
PENN' s PE(NRI) Range Over the Past 10 Years
Min: 0.98  Med: 5.65 Max: 72.42
Current: 12.86
0.98
72.42
Price/Owner Earnings (ttm) 11.04
PENN's Price/Owner Earnings (ttm) is ranked higher than
73% of the 372 Companies
in the Global Resorts & Casinos industry.

( Industry Median: 18.68 vs. PENN: 11.04 )
Ranked among companies with meaningful Price/Owner Earnings (ttm) only.
PENN' s Price/Owner Earnings (ttm) Range Over the Past 10 Years
Min: 1.29  Med: 6.67 Max: 87.96
Current: 11.04
1.29
87.96
P/S 0.39
PENN's P/S is ranked higher than
91% of the 852 Companies
in the Global Resorts & Casinos industry.

( Industry Median: 1.71 vs. PENN: 0.39 )
Ranked among companies with meaningful P/S only.
PENN' s P/S Range Over the Past 10 Years
Min: 0.1  Med: 0.38 Max: 0.6
Current: 0.39
0.1
0.6
PFCF 4.63
PENN's PFCF is ranked higher than
92% of the 371 Companies
in the Global Resorts & Casinos industry.

( Industry Median: 16.84 vs. PENN: 4.63 )
Ranked among companies with meaningful PFCF only.
PENN' s PFCF Range Over the Past 10 Years
Min: 2.38  Med: 8.26 Max: 651.92
Current: 4.63
2.38
651.92
POCF 2.94
PENN's POCF is ranked higher than
95% of the 510 Companies
in the Global Resorts & Casinos industry.

( Industry Median: 10.46 vs. PENN: 2.94 )
Ranked among companies with meaningful POCF only.
PENN' s POCF Range Over the Past 10 Years
Min: 0.56  Med: 2.39 Max: 5.14
Current: 2.94
0.56
5.14
EV-to-EBIT 10.97
PENN's EV-to-EBIT is ranked higher than
74% of the 655 Companies
in the Global Resorts & Casinos industry.

( Industry Median: 17.19 vs. PENN: 10.97 )
Ranked among companies with meaningful EV-to-EBIT only.
PENN' s EV-to-EBIT Range Over the Past 10 Years
Min: -17  Med: 8.2 Max: 31.6
Current: 10.97
-17
31.6
EV-to-EBITDA 7.41
PENN's EV-to-EBITDA is ranked higher than
77% of the 704 Companies
in the Global Resorts & Casinos industry.

( Industry Median: 11.94 vs. PENN: 7.41 )
Ranked among companies with meaningful EV-to-EBITDA only.
PENN' s EV-to-EBITDA Range Over the Past 10 Years
Min: -341.9  Med: 5.5 Max: 1392.9
Current: 7.41
-341.9
1392.9
Current Ratio 0.64
PENN's Current Ratio is ranked lower than
81% of the 857 Companies
in the Global Resorts & Casinos industry.

( Industry Median: 1.40 vs. PENN: 0.64 )
Ranked among companies with meaningful Current Ratio only.
PENN' s Current Ratio Range Over the Past 10 Years
Min: 0.42  Med: 0.94 Max: 2.8
Current: 0.64
0.42
2.8
Quick Ratio 0.64
PENN's Quick Ratio is ranked lower than
76% of the 857 Companies
in the Global Resorts & Casinos industry.

( Industry Median: 1.19 vs. PENN: 0.64 )
Ranked among companies with meaningful Quick Ratio only.
PENN' s Quick Ratio Range Over the Past 10 Years
Min: 0.35  Med: 0.94 Max: 2.8
Current: 0.64
0.35
2.8
Days Sales Outstanding 5.21
PENN's Days Sales Outstanding is ranked higher than
88% of the 639 Companies
in the Global Resorts & Casinos industry.

( Industry Median: 26.40 vs. PENN: 5.21 )
Ranked among companies with meaningful Days Sales Outstanding only.
PENN' s Days Sales Outstanding Range Over the Past 10 Years
Min: 5.21  Med: 7.05 Max: 8.45
Current: 5.21
5.21
8.45
Days Payable 12.70
PENN's Days Payable is ranked lower than
86% of the 536 Companies
in the Global Resorts & Casinos industry.

( Industry Median: 47.62 vs. PENN: 12.70 )
Ranked among companies with meaningful Days Payable only.
PENN' s Days Payable Range Over the Past 10 Years
Min: 4.31  Med: 8.93 Max: 16.39
Current: 12.7
4.31
16.39

Buy Back

vs
industry
vs
history
3-Year Average Share Buyback Ratio -1.50
PENN's 3-Year Average Share Buyback Ratio is ranked higher than
54% of the 441 Companies
in the Global Resorts & Casinos industry.

( Industry Median: -1.90 vs. PENN: -1.50 )
Ranked among companies with meaningful 3-Year Average Share Buyback Ratio only.
PENN' s 3-Year Average Share Buyback Ratio Range Over the Past 10 Years
Min: -9.8  Med: -1.5 Max: 3.4
Current: -1.5
-9.8
3.4

Valuation & Return

vs
industry
vs
history
Price/Projected FCF 1.33
PENN's Price/Projected FCF is ranked higher than
50% of the 361 Companies
in the Global Resorts & Casinos industry.

( Industry Median: 1.31 vs. PENN: 1.33 )
Ranked among companies with meaningful Price/Projected FCF only.
PENN' s Price/Projected FCF Range Over the Past 10 Years
Min: 0.18  Med: 0.47 Max: 6.09
Current: 1.33
0.18
6.09
Price/Median PS Value 1.03
PENN's Price/Median PS Value is ranked higher than
52% of the 667 Companies
in the Global Resorts & Casinos industry.

( Industry Median: 1.05 vs. PENN: 1.03 )
Ranked among companies with meaningful Price/Median PS Value only.
PENN' s Price/Median PS Value Range Over the Past 10 Years
Min: 0.33  Med: 0.89 Max: 1.86
Current: 1.03
0.33
1.86
Earnings Yield (Greenblatt) (%) 9.10
PENN's Earnings Yield (Greenblatt) (%) is ranked higher than
80% of the 857 Companies
in the Global Resorts & Casinos industry.

( Industry Median: 4.30 vs. PENN: 9.10 )
Ranked among companies with meaningful Earnings Yield (Greenblatt) (%) only.
PENN' s Earnings Yield (Greenblatt) (%) Range Over the Past 10 Years
Min: 3.2  Med: 11.2 Max: 25.2
Current: 9.1
3.2
25.2
Forward Rate of Return (Yacktman) (%) 11.66
PENN's Forward Rate of Return (Yacktman) (%) is ranked higher than
60% of the 412 Companies
in the Global Resorts & Casinos industry.

( Industry Median: 7.26 vs. PENN: 11.66 )
Ranked among companies with meaningful Forward Rate of Return (Yacktman) (%) only.
PENN' s Forward Rate of Return (Yacktman) (%) Range Over the Past 10 Years
Min: 1.9  Med: 12.7 Max: 49.7
Current: 11.66
1.9
49.7

More Statistics

Revenue (TTM) (Mil) $3,025
EPS (TTM) $ 1.04
Beta1.74
Short Percentage of Float9.93%
52-Week Range $11.93 - 17.40
Shares Outstanding (Mil)83.52

Analyst Estimate

Dec16 Dec17 Dec18
Revenue (Mil $) 3,035 3,080 3,099
EPS ($) 1.00 0.99 1.09
EPS w/o NRI ($) 1.00 0.99 1.09
EPS Growth Rate
(3Y to 5Y Estimate)
N/A
Dividends Per Share ($)
» More Articles for PENN

Headlines

Articles On GuruFocus.com
Baron Funds Comments on Penn National Gaming Aug 17 2016 
Baron Small Cap Fund's 1st-Quarter Letter Apr 30 2016 
Is Las Vegas Sands The Right Stock To Invest In? Jan 23 2015 
Four CEOs Reporting Large Insider Buys May 09 2014 
Baron Funds Comments on Penn National Gaming Feb 21 2014 
Why This Motorsport Giant Might Be Tricky Business Feb 06 2014 
Ron Baron Continued - Opportunities Everywhere, Response to Marc Faber Nov 08 2013 
Ron Baron on Penn National Gaming and Seeing Accelerated Economic Growth Nov 08 2013 
Baron Funds Comments on Penn National Gaming Feb 06 2013 
Baron Funds Comments on Penn National Gaming Inc. Dec 06 2012 

More From Other Websites
ETFs with exposure to Penn National Gaming, Inc. : December 2, 2016 Dec 02 2016
Penn National Gaming, Inc. breached its 50 day moving average in a Bearish Manner : PENN-US :... Dec 01 2016
ETFs with exposure to Penn National Gaming, Inc. : November 15, 2016 Nov 15 2016
Penn National Gaming, Inc. breached its 50 day moving average in a Bullish Manner : PENN-US :... Nov 14 2016
PENN NATIONAL GAMING INC Financials Nov 11 2016
Canadian casino says it was hacked, data was stolen Nov 10 2016
Gaming and Leisure Properties, Inc. Announces Third Quarter 2016 Results Nov 08 2016
PENN NATIONAL GAMING INC Files SEC form 10-Q, Quarterly Report Nov 04 2016
Gambling Stock Roundup: Focus on Q3 Earnings, Nevada Revenues Rise in September Oct 31 2016
Resorts & Casinos Stocks Under Scanner -- Norwegian Cruise Line, Penn National Gaming, Caesars... Oct 31 2016
Gaming Stocks' Q3 Earnings to Watch on Nov 1: BYD, CNTY Oct 31 2016
PENN NATIONAL GAMING INC Files SEC form 8-K, Results of Operations and Financial Condition,... Oct 27 2016
Edited Transcript of PENN earnings conference call or presentation 27-Oct-16 1:00pm GMT Oct 27 2016
Penn National Gaming Inc Earnings Call scheduled for 9:00 am ET today Oct 27 2016
Penn National Gaming beats 3Q profit forecasts Oct 27 2016
Penn National Gaming beats 3Q profit forecasts Oct 27 2016
Penn National Gaming Reports Third Quarter Revenue of $765.6 Million, Income from Operations of... Oct 27 2016
Q3 2016 Penn National Gaming Inc Earnings Release - 07:00 am ET Oct 27 2016

Personalized Checklist

Checklist has been moved to "Checklist" tab.

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)