U.S. Markets open in 7 hrs 44 mins

Penn National Gaming (PENN) in Focus: Stock Adds 6.2% in Session

Zacks Equity Research

Penn National Gaming Inc. (PENN) was a big mover last session, as the company saw its shares rise more than 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the recent trend for the company as the stock is now down 13.22% in the past one-month time frame.

This company witnessed two negative revisions in the past 30 days. The Zacks Consensus Estimate also moved down over the same time frame, signaling there may be trouble down the road. So make sure to keep an eye on this stock going forward to see if yesterday’s move higher lasts.

Penn National Gaming has a Zacks Rank #3 (Hold), while its Earnings ESP is negative.

However, better-ranked stocks in the gaming sector include Melco Crown Entertainment Limited (MPEL), Wynn Resorts Ltd. (WYNN) and Zynga, Inc. (ZNGA). All these stocks sport a Zacks Rank #1 (Strong Buy).

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>

PENN NATL GAMING INC (PENN): Free Stock Analysis Report


WYNN RESORTS LTD (WYNN): Free Stock Analysis Report

ZYNGA CL A (ZNGA): Free Stock Analysis Report

Zacks Investment Research