For new and old investors, taking full advantage of the stock market and investing with confidence are common goals.
Achieving those goals is made easier with the Zacks Style Scores, a unique set of guidelines that rates stocks based on popular investing methodologies, namely value, growth, and momentum. The Style Scores can help you narrow down which stocks are better for your portfolio and which ones can beat the market over the long-term.
Is This 1 Momentum Stock a Screaming Buy Right Now?
For momentum investors, upward or downward trends in a stock's price or earnings outlook take precedent, so they'll want to zero in on the Momentum Style Score. This Score can pinpoint good times to build a position in a stock, using factors like one-week price change and the monthly percentage change in earnings estimates.
PENN Entertainment (PENN)
PENN Entertainment was incorporated in Pennsylvania in 1982 as PNRC Corp. The company’s current name was formulated in 1994 when it became a publicly-traded company. PENN Entertainment is a leading, multi-jurisdictional owner and manager of gaming and racing facilities with video gaming terminal operations and a focus on slot machine entertainment. The company is geographically widespread with a vast portfolio.
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PENN sits at a Zacks Rank #3 (Hold), holds a Momentum Style Score of A, and has a VGM Score of A. The stock is up 3.8% and up 2.6% over the past one-week and four-week period, respectively, and PENN Entertainment has lost 9.3% in the last one-year period as well. Additionally, an average of 3,526,842.50 shares were traded over the last 20 trading sessions.
Momentum investors also pay close attention to a company's earnings. For PENN, two analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.40 to $0.14 per share for 2025. PENN boasts an average earnings surprise of 13.5%.
Investors should take the time to consider PENN for their portfolios due to its solid Zacks Ranks, notable earnings metrics, and impressive Momentum and VGM Style Scores.
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PENN Entertainment, Inc. (PENN) : Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).
Zacks Investment Research