Switch to:

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 : 4/10

vs
industry
vs
history
Cash to Debt 0.04
PNK's Cash to Debt is ranked lower than
56% of the 839 Companies
in the Global Resorts & Casinos industry.

( Industry Median: 1.04 vs. PNK: 0.04 )
PNK' s 10-Year Cash to Debt Range
Min: 0.04   Max: 52.33
Current: 0.04

0.04
52.33
Equity to Asset 0.05
PNK's Equity to Asset is ranked lower than
57% of the 824 Companies
in the Global Resorts & Casinos industry.

( Industry Median: 0.52 vs. PNK: 0.05 )
PNK' s 10-Year Equity to Asset Range
Min: 0.04   Max: 0.79
Current: 0.05

0.04
0.79
Interest Coverage 0.61
PNK's Interest Coverage is ranked lower than
55% of the 520 Companies
in the Global Resorts & Casinos industry.

( Industry Median: 15.51 vs. PNK: 0.61 )
PNK' s 10-Year Interest Coverage Range
Min: 0.51   Max: 12.67
Current: 0.61

0.51
12.67
F-Score: 5
Z-Score: 0.18
M-Score: -0.90
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 : 7/10

vs
industry
vs
history
Operating margin (%) 7.02
PNK's Operating margin (%) is ranked higher than
69% of the 810 Companies
in the Global Resorts & Casinos industry.

( Industry Median: 8.72 vs. PNK: 7.02 )
PNK' s 10-Year Operating margin (%) Range
Min: -33.05   Max: 14.88
Current: 7.02

-33.05
14.88
Net-margin (%) -17.20
PNK's Net-margin (%) is ranked lower than
53% of the 810 Companies
in the Global Resorts & Casinos industry.

( Industry Median: 5.73 vs. PNK: -17.20 )
PNK' s 10-Year Net-margin (%) Range
Min: -30.88   Max: 13.14
Current: -17.2

-30.88
13.14
ROE (%) -119.73
PNK's ROE (%) is ranked lower than
58% of the 773 Companies
in the Global Resorts & Casinos industry.

( Industry Median: 7.31 vs. PNK: -119.73 )
PNK' s 10-Year ROE (%) Range
Min: -119.73   Max: 21.27
Current: -119.73

-119.73
21.27
ROA (%) -4.96
PNK's ROA (%) is ranked lower than
51% of the 815 Companies
in the Global Resorts & Casinos industry.

( Industry Median: 3.52 vs. PNK: -4.96 )
PNK' s 10-Year ROA (%) Range
Min: -16.81   Max: 7.99
Current: -4.96

-16.81
7.99
ROC (Joel Greenblatt) (%) 3.38
PNK's ROC (Joel Greenblatt) (%) is ranked higher than
59% of the 815 Companies
in the Global Resorts & Casinos industry.

( Industry Median: 14.16 vs. PNK: 3.38 )
PNK' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: -21.18   Max: 21.45
Current: 3.38

-21.18
21.45
Revenue Growth (%) 13.40
PNK's Revenue Growth (%) is ranked higher than
88% of the 706 Companies
in the Global Resorts & Casinos industry.

( Industry Median: 4.60 vs. PNK: 13.40 )
PNK' s 10-Year Revenue Growth (%) Range
Min: -10.5   Max: 51.4
Current: 13.4

-10.5
51.4
EBITDA Growth (%) -3.50
PNK's EBITDA Growth (%) is ranked higher than
64% of the 602 Companies
in the Global Resorts & Casinos industry.

( Industry Median: 6.30 vs. PNK: -3.50 )
PNK' s 10-Year EBITDA Growth (%) Range
Min: -30.4   Max: 132.9
Current: -3.5

-30.4
132.9
EPS Growth (%) 50.20
PNK's EPS Growth (%) is ranked higher than
93% of the 518 Companies
in the Global Resorts & Casinos industry.

( Industry Median: 7.10 vs. PNK: 50.20 )
PNK' s 10-Year EPS Growth (%) Range
Min: -45.2   Max: 222.4
Current: 50.2

-45.2
222.4
» PNK's 10-Y Financials

Financials


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

» Details

Guru Trades

Q2 2013

PNK Guru Trades in Q2 2013

Steven Cohen 388,697 sh (New)
Jean-Marie Eveillard 26,000 sh (New)
Ron Baron 5,337,326 sh (+117.99%)
Mario Gabelli 867,900 sh (+25.26%)
John Paulson Sold Out
Paul Tudor Jones Sold Out
Columbia Wanger 2,927,970 sh (-50.78%)
» More
Q3 2013

PNK Guru Trades in Q3 2013

Jim Simons 250,200 sh (New)
Steven Cohen 848,572 sh (+118.31%)
Ron Baron 5,800,400 sh (+8.68%)
Jean-Marie Eveillard 26,000 sh (unchged)
Columbia Wanger Sold Out
Mario Gabelli 844,200 sh (-2.73%)
» More
Q4 2013

PNK Guru Trades in Q4 2013

Ron Baron 5,914,550 sh (+1.97%)
Jean-Marie Eveillard Sold Out
Mario Gabelli 831,200 sh (-1.54%)
Jim Simons 230,600 sh (-7.83%)
Steven Cohen 436,897 sh (-48.51%)
» More
Q1 2014

PNK Guru Trades in Q1 2014

Ron Baron 5,916,297 sh (+0.03%)
Paul Singer 300,000 sh (unchged)
Jim Simons Sold Out
Mario Gabelli 793,200 sh (-4.57%)
Steven Cohen 229,982 sh (-47.36%)
» More
» Details

Insider Trades

Latest Guru Trades with PNK

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
Jean-Marie Eveillard 2013-12-31 Sold Out $22.57 - $25.98 $ 22.54-7%0
Ron Baron 2013-06-30 Add 117.99%0.3%$14.26 - $21 $ 22.5420%5337326
Mario Gabelli 2013-06-30 Add 25.26%0.02%$14.26 - $21 $ 22.5420%867900
John Paulson 2013-06-30 Sold Out 0.01%$14.26 - $21 $ 22.5420%0
Jean-Marie Eveillard 2013-06-30 New Buy$14.26 - $21 $ 22.5420%26000
Ron Baron 2013-03-31 New Buy0.2%$13.4 - $16.68 $ 22.5449%2448445
John Paulson 2012-12-31 New Buy0.01%$11.31 - $16.2 $ 22.5478%126000
John Burbank 2012-09-30 Sold Out 0.0038%$9.02 - $12.43 $ 22.54111%0
John Burbank 2012-06-30 New Buy$9.07 - $11.78 $ 22.54118%11489
Joel Greenblatt 2012-03-31 Sold Out 0.05%$9.7 - $11.57 $ 22.54124%0
Joel Greenblatt 2011-12-31 New Buy0.05%$8.39 - $12.21 $ 22.54120%43746
George Soros 2011-12-31 Sold Out 0.0023%$8.39 - $12.21 $ 22.54120%0
George Soros 2011-09-30 New Buy$9.48 - $15.24 $ 22.5476%15100
George Soros 2011-06-30 Sold Out $12.51 - $14.66 $ 22.5465%0
Premium More recent guru trades are included for Premium Members only!!
» Interactive Charts

Peter Lynch Chart ( What is Peter Lynch Charts )

Guru Investment Theses on Pinnacle Entertainment Inc

Baron Funds Comments on Pinnacle Entertainment Inc. - Nov 25, 2013

Shares of Pinnacle Entertainment, Inc. (PNK), a regional casino company, increased 27.4% in the third quarter as the company completed its acquisition of Ameristar Casinos and entered into agreements to sell its St. Louis and Lake Charles properties. Now completed, we think the combined company can generate higher cash flow, which it can use to pay down debt and increase value for equity holders. We believe the $40 million of anticipated synergies is a conservative estimate. (David Baron)

From Ron Baron's Baron Funds third quarter 2013 commentary.


Check out Ron Baron latest stock trades

Baron Funds Comments on Pinnacle Entertainment Inc. - Aug 05, 2013

We increased our position in Pinnacle Entertainment, Inc. (PNK) in the quarter, as we remain excited by the company's prospective closing of its Ameristar acquisition. We believe the company will do what is necessary to receive FTC approval and close this transaction. We think the combined company should generate significant revenue and cost synergies that we think are not currently reflected in its stock price. These synergies combined with the company's current expansion projects of its own should generate significant cash flow growth in the years ahead. Management has indicated it will use this cash to quickly pay down debt and add significant value for shareholders. (David Baron)

From Baron Funds’ second quarter 2013 commentary.


Check out Ron Baron latest stock trades

Baron Funds Comments on Pinnacle Entertainment Inc. - May 01, 2013

We initiated a position in Pinnacle Entertainment, Inc. (PNK) during the quarter. Pinnacle is a regional gaming company with casinos in Louisiana, Missouri and Indiana. It is in the process of acquiring Ameristar Casinos, which should be highly accretive for the company and increase its diversity of assets and cash flow. Assuming the Ameristar acquisition closes this year and that the company completes its $580 million Lake Charles casino and $200 million Ohio racetrack with slot machines in 2014, the combined entity can almost triple its earnings. Management has indicated it will use its cash flow to repay debt. This would add significant value given the leverage post acquisition. (David Baron)

From Baron Funds’ first quarter 2013 letter.


Check out Ron Baron latest stock trades

Top Ranked Articles about Pinnacle Entertainment Inc

Baron Funds Comments on Pinnacle Entertainment Inc.
Shares of Pinnacle Entertainment, Inc. (PNK), a regional casino company, increased 27.4% in the third quarter as the company completed its acquisition of Ameristar Casinos and entered into agreements to sell its St. Louis and Lake Charles properties. Now completed, we think the combined company can generate higher cash flow, which it can use to pay down debt and increase value for equity holders. We believe the $40 million of anticipated synergies is a conservative estimate. (David Baron) Read more...
Baron Funds Comments on Pinnacle Entertainment Inc.
We increased our position in Pinnacle Entertainment, Inc. (PNK) in the quarter, as we remain excited by the company's prospective closing of its Ameristar acquisition. We believe the company will do what is necessary to receive FTC approval and close this transaction. We think the combined company should generate significant revenue and cost synergies that we think are not currently reflected in its stock price. These synergies combined with the company's current expansion projects of its own should generate significant cash flow growth in the years ahead. Management has indicated it will use this cash to quickly pay down debt and add significant value for shareholders. (David Baron) Read more...

Ratios

vs
industry
vs
history
P/B 5.50
PNK's P/B is ranked higher than
53% of the 911 Companies
in the Global Resorts & Casinos industry.

( Industry Median: 2.36 vs. PNK: 5.50 )
PNK' s 10-Year P/B Range
Min: 0.17   Max: 7.82
Current: 5.5

0.17
7.82
P/S 0.70
PNK's P/S is ranked higher than
84% of the 911 Companies
in the Global Resorts & Casinos industry.

( Industry Median: 1.62 vs. PNK: 0.70 )
PNK' s 10-Year P/S Range
Min: 0.18   Max: 1.91
Current: 0.7

0.18
1.91
EV-to-EBIT 34.14
PNK's EV-to-EBIT is ranked higher than
66% of the 911 Companies
in the Global Resorts & Casinos industry.

( Industry Median: 22.81 vs. PNK: 34.14 )
PNK' s 10-Year EV-to-EBIT Range
Min: 10.6   Max: 135.2
Current: 34.14

10.6
135.2
Current Ratio 1.57
PNK's Current Ratio is ranked higher than
74% of the 834 Companies
in the Global Resorts & Casinos industry.

( Industry Median: 1.29 vs. PNK: 1.57 )
PNK' s 10-Year Current Ratio Range
Min: 0.5   Max: 3.41
Current: 1.57

0.5
3.41
Quick Ratio 1.55
PNK's Quick Ratio is ranked higher than
80% of the 834 Companies
in the Global Resorts & Casinos industry.

( Industry Median: 1.15 vs. PNK: 1.55 )
PNK' s 10-Year Quick Ratio Range
Min: 0.5   Max: 3.38
Current: 1.55

0.5
3.38

Valuation & Return

vs
industry
vs
history
Price/Median PS Value 1.00
PNK's Price/Median PS Value is ranked higher than
80% of the 911 Companies
in the Global Resorts & Casinos industry.

( Industry Median: 1.21 vs. PNK: 1.00 )
PNK' s 10-Year Price/Median PS Value Range
Min: 0.32   Max: 4.09
Current: 1

0.32
4.09
Earnings Yield (Greenblatt) 3.20
PNK's Earnings Yield (Greenblatt) is ranked higher than
55% of the 755 Companies
in the Global Resorts & Casinos industry.

( Industry Median: 5.70 vs. PNK: 3.20 )
PNK' s 10-Year Earnings Yield (Greenblatt) Range
Min: 0.7   Max: 9.4
Current: 3.2

0.7
9.4
Forward Rate of Return (Yacktman) -4.60
PNK's Forward Rate of Return (Yacktman) is ranked higher than
58% of the 630 Companies
in the Global Resorts & Casinos industry.

( Industry Median: 5.33 vs. PNK: -4.60 )
PNK' s 10-Year Forward Rate of Return (Yacktman) Range
Min: -51.7   Max: 4
Current: -4.6

-51.7
4

Business Description

Industry: Travel & Leisure » Resorts & Casinos
Compare:LVS, SCHYY, GXYEY, WYNMF, SJMHF » details
Traded in other countries:HOY.Germany
Pinnacle Entertainment Inc., a Delaware corporation, is the successor to the Hollywood Park Turf Club, which was organized in 1938. The Company was incorporated in 1981 under the name Hollywood Park Realty Enterprises, Inc. In 1992, it changed its name to Hollywood Park, Inc. and in February 2000, it became Pinnacle Entertainment, Inc. The company is an owner, operator and developer of casinos and related hospitality and entertainment facilities. It operates casinos located in Lake Charles, New Orleans and Bossier City, Louisiana (L'Auberge Lake Charles, Boomtown New Orleans and Boomtown Bossier City), St. Louis, Missouri (River City Casino and Lumière Place Casino and Hotels), and southeastern Indiana. In addition, it owns and operates a racetrack facility in Cincinnati, Ohio. The Company operates casino properties, all of which include gaming and dining facilities, and some of which include hotel, retail and other amenities. In addition, it operates one racetrack. Its operating results are highly dependent on the volume of customers at its properties, which, in turn, affects the price it can charge for its hotel rooms and other amenities. The Company properties compete directly with other gaming properties in each state in which it operates, as well as in adjacent states. It also compete for customers with other casino operators in other markets, including casinos located on Native American reservations, and other forms of gaming, such as lotteries and Internet gaming. The Company businesses are subject to various federal, state and local laws and regulations in addition to gaming regulations.
» More Articles for PNK

Headlines

Articles On GuruFocus.com
Caesers: A Case of Make It or Break It? Feb 13 2014 
Baron Funds Comments on Pinnacle Entertainment Inc. Nov 25 2013 
Two contrarian short ideas Sep 28 2013 
Baron Funds Comments on Pinnacle Entertainment Inc. Aug 05 2013 
Columbia Wanger's May Portfolio Update Jun 10 2013 
Baron Funds Comments on Pinnacle Entertainment Inc. May 01 2013 
Weekly CFO Buys Highlight: PTSX, RSH, PNK, FNFG Aug 06 2012 
Weekly CEO Buys Highlight: SYMC, TDY, PNK, FNFG, OCR Aug 04 2012 
Weekly CEO Buys Highlight: UTHR, DENN, PNK, CTFO, AVII Dec 18 2011 
Weekly CEO Buys Highlight: KMI, VGR, SIRO, PNK, MASI Nov 27 2011 


More From Other Websites
PINNACLE ENTERTAINMENT INC. Files SEC form 8-K, Results of Operations and Financial Condition,... Jul 24 2014
Pinnacle Entertainment Reports 2014 Second Quarter Financial Results Jul 24 2014
Q2 2014 Pinnacle Entertainment Earnings Release - Before Market Open Jul 24 2014
Pinnacle Entertainment Announces Conference Call for 2014 Second Quarter Financial Results and... Jul 11 2014
PINNACLE ENTERTAINMENT INC. Files SEC form 8-K, Results of Operations and Financial Condition,... Jul 11 2014
Pinnacle Entertainment sees unusual expense items of $8M-$10M in Q2 Jul 11 2014
Pinnacle Entertainment Announces Conference Call for 2014 Second Quarter Financial Results and... Jul 11 2014
Moody’s Foley Says Gaming is First to Go for Consumers (Audio) Jul 03 2014
Insider Trading Alert - UNFI, PNK And ELGX Traded By Insiders Jun 17 2014
Insider Trading Alert - UNFI, PNK And ELGX Traded By Insiders Jun 17 2014
Pinnacle Entertainment Announces Closing of Exchange Offer Jun 13 2014
Pinnacle Entertainment to Participate in Investor Conferences May 30 2014
PINNACLE ENTERTAINMENT INC. Files SEC form 8-K, Change in Directors or Principal Officers,... May 21 2014
PINNACLE ENTERTAINMENT INC. Financials May 20 2014
Insider Trading Alert - PNK, RESI And CNC Traded By Insiders May 13 2014
PINNACLE ENTERTAINMENT INC. Files SEC form 10-Q, Quarterly Report May 12 2014
Pinnacle Entertainment Announces Commencement of Exchange Offer May 09 2014
Pinnacle Entertainment Announces Opening of New Belterra Park Gaming & Entertainment Center May 02 2014

Personalized Checklist








Within your circle of competence?
Macro economic environment favorable?
High quality business?
Enough margin of safety with stocks?
Gurus are buying?
Insiders are buying?
Management capable and shareholder friendly?
Catalyst for stock price to appreciate?
Your level of confidence with the research?

Add Notes, Comments or Ask Questions

User Comments

No comment yet

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)
Free 7-day Trial
FEEDBACK
Email Hide