Mike Nieves - Penn National Senior Treasurer
| PENN Stock | USD 21.59 0.51 2.42% |
Executive
Mike Nieves is Senior Treasurer of Penn National Gaming
| Address | 825 Berkshire Blvd., Wyomissing, PA, United States, 19610 |
| Phone | 610 373 2400 |
| Web | https://www.pennentertainment.com |
Penn National Management Efficiency
As of the 1st of December 2024, Return On Tangible Assets is likely to grow to -0.04. In addition to that, Return On Capital Employed is likely to drop to 0.02. At this time, Penn National's Other Assets are very stable compared to the past year. As of the 1st of December 2024, Net Tangible Assets is likely to grow to about 839.9 M, though Return On Tangible Assets are likely to grow to (0.04). Penn National's management efficiency ratios could be used to measure how well Penn National manages its routine affairs as well as how well it operates its assets and liabilities.Similar Executives
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Management Performance
| Return On Equity | -0.16 | ||||
| Return On Asset | -8.0E-4 |
Penn National Gaming Leadership Team
Elected by the shareholders, the Penn National's board of directors comprises two types of representatives: Penn National inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Penn. The board's role is to monitor Penn National's management team and ensure that shareholders' interests are well served. Penn National's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Penn National's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Todd George, Executive Operations | ||
| Richard Primus, Senior Officer | ||
| Aaron Rosenthal, Senior Operations | ||
| Eric Schippers, Senior Foundation | ||
| Benjamin Levy, Head Interactive | ||
| Christine LaBombard, Senior Vice President Chief Accounting Officer and Principal Accounting Officer | ||
| Jennifer Weissman, Senior Officer | ||
| David Portnoy, Founder Sport | ||
| Wendy Hamilton, Senior Officer | ||
| Rafael Verde, Senior Operations | ||
| Aaron LaBerge, Chief Officer | ||
| Erin Chamberlin, Senior Operations | ||
| Erika Nardini, Chief Sports | ||
| Felicia Hendrix, Executive CFO | ||
| Christopher Rogers, Chief VP | ||
| Justin Carter, Senior Operations | ||
| Jay Snowden, COO and Executive VP | ||
| Mike Nieves, Senior Treasurer | ||
| Albert Britton, Senior Operations | ||
| Harper Ko, Chief VP | ||
| Bryan Goslin, VP Officer |
Penn Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Penn National a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | -0.16 | ||||
| Return On Asset | -8.0E-4 | ||||
| Profit Margin | (0.09) % | ||||
| Operating Margin | 0.04 % | ||||
| Current Valuation | 13.78 B | ||||
| Shares Outstanding | 152.16 M | ||||
| Shares Owned By Insiders | 1.11 % | ||||
| Shares Owned By Institutions | 99.45 % | ||||
| Number Of Shares Shorted | 18.4 M | ||||
| Price To Earning | 24.42 X |
Pair Trading with Penn National
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Penn National position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Penn National will appreciate offsetting losses from the drop in the long position's value.Moving together with Penn Stock
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| 0.74 | EXPE | Expedia Group | PairCorr |
| 0.62 | CMG | Chipotle Mexican Grill Aggressive Push | PairCorr |
Moving against Penn Stock
The ability to find closely correlated positions to Penn National could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Penn National when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Penn National - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Penn National Gaming to buy it.
The correlation of Penn National is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Penn National moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Penn National Gaming moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Penn National can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Penn National Gaming. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Is Hotels, Restaurants & Leisure space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Penn National. If investors know Penn will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Penn National listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 2.089 | Earnings Share (3.52) | Revenue Per Share 41.491 | Quarterly Revenue Growth 0.012 | Return On Assets (0.0008) |
The market value of Penn National Gaming is measured differently than its book value, which is the value of Penn that is recorded on the company's balance sheet. Investors also form their own opinion of Penn National's value that differs from its market value or its book value, called intrinsic value, which is Penn National's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Penn National's market value can be influenced by many factors that don't directly affect Penn National's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Penn National's value and its price as these two are different measures arrived at by different means. Investors typically determine if Penn National is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Penn National's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.