The Screen · Consumer Cyclical · Resorts & Casinos
PENN Entertainment, Inc.
PENN · Nasdaq · USD · Market cap $2.3B · 23,441 employees
PENN Entertainment, Inc., together with its subsidiaries, provides integrated entertainment, sports content, and casino gaming experiences in the United States and internationally.
FAIL · Does not pass the screen
17.07 USD
At the last full screen 2026-09-04
Screened 2026-09-04 · the tape above runs as of 22:12 UTC · 11 Sep · two dates, stated on purpose · verdict and workings shown in full · never trimmed
The Label · The Season, Not the Day
This name holds its markdown label.
PENN Entertainment, Inc. holds its Markdown at $17.07. The statistical read favours the sellers, held for 1 days.
As held on the ledger · 2026-09-04
Phase
Markdown · caution
Quantitative state
The statistical read favours the sellers, held for 1 days
Price at the screen
$17.07
Valuation
N/A trailing · 14.29 forward price to earnings
Values screen
FAIL· score 30.0
Beta
1.41
The Workings
Five Screens, Shown in Full
Does not pass. Prohibited keyword in sector/industry: casino
Test
Figure
Limit
What it means
Status
Business activity
Excluded
Core business clean
Prohibited keyword in sector/industry: casino
Fail
Debt load
Excluded
Below 33%
Interest-bearing debt is of its assets, above the one-third ceiling the screen allows.
Fail
Interest-bearing cash
Excluded
Below 33%
Interest-bearing cash and securities are of assets, above the one-third limit.
Fail
Receivables
Excluded
Below 49%
Money owed to the company is of assets, above the 49% limit.
Fail
Revenue purity
Excluded
Below 5%
of revenue comes from non-compliant sources, over the 5% line.
Fail
Five checks adapted from AAOIFI screening standards: business activity plus four balance-sheet ratios. All five must pass for ethical clearance. Every figure is arithmetic on public accounts, not judgement.
Fair value range in USD, drawn from the 2026-09-04 screen. The gold marker is the market price at the same screen. A 14.0% margin of safety to the base estimate.
Third-party analyst targets: 19 covering, consensus None. The average target sits +46% from the screen price.
Reading the gap · Both our model and the analysts see meaningful upside from here.
Price History & Projections
Where it has been, where the models see it going. History from market close data; projection points are our fair-value estimates and third-party analyst targets, dated to the 2026-09-04 screen.
Fair value and rating are our own model estimates; the Street's range reflects third-party analyst estimates. Analysis, not advice.
The Business, in Plain Words
Casinos fail our ethical screen every time
Walk into any casino floor and the flashing lights mask a sector our rules simply exclude on principle. PENN sits at our exact fair value with a forward multiple of 14 times, yet revenue growth of 6 percent cannot hide negative margins of 14 percent and an ROE of minus 40 percent. We pass outright because the business fails the ethical screen on casino operations.
That leaves a cyclical industry exposed to consumer spending swings and no valuation cushion if earnings disappoint further. The consensus buy rating from nineteen analysts changes nothing here. Analysis, not advice.
The risks · The things to watch: it already moves more than the market on an average day; it carries a real debt load, which raises the stakes if revenue slips.
Plain-English interpretation of our own screen data. Analysis, not advice.
Where & How to Trade
PENN trades on Nasdaq. As a listed security it is accessible through almost any international broker offering its home market. New to this, or investing from abroad? Our guide to accessing global markets covers brokers, currencies and the practical steps.
The Dated Journal · Newest First, Never Edited
Every Entry, As Written
2026-09-09Markdown · changed$17.07-14.8%Entry 5
The framework has shifted from markup to markdown since the last review. Price is trending lower. Sellers are in control and the prior trend has reversed. Price has moved down 14.8% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows modest positive risk-adjusted returns. Our composite framework grades it B, carrying a low risk profile. Technically it is momentum reading overbought. Over the past year the shares are up 27%. Our forward projection puts the odds of a 10% gain over the next month near 30%. The street (18 analysts) rates it buy, with a mean price target of $20.
2026-08-08Markup$20.04-7.6%Entry 4
The framework reads markup. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Price has moved down 7.6% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows good risk-adjusted returns. Our composite framework grades it B, carrying a low risk profile. Technically it is momentum reading overbought. Over the past year the shares are up 27%. Our forward projection puts the odds of a 10% gain over the next month near 30%. The street (18 analysts) rates it buy, with a mean price target of $20.
2026-07-18Markup$21.68+0.0%Entry 3
The framework reads markup. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Price has moved down 0.0% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows good risk-adjusted returns. Our composite framework grades it B, carrying a low risk profile. Technically it is momentum reading overbought. Over the past year the shares are up 27%. Our forward projection puts the odds of a 10% gain over the next month near 30%. The street (18 analysts) rates it buy, with a mean price target of $20.
2026-07-03Markup$21.68+0.0%Entry 2
The framework reads markup. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Price has moved down 0.0% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows good risk-adjusted returns.
2026-07-02Markup$21.68Entry 1
The framework reads markup. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows good risk-adjusted returns.
Each entry above was written on its date, before the outcome. A journal you can prune is not a journal.
