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OFFON

PENN NATIONAL GAMING, INC.

(PENN)
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INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Penn National Gaming, Inc. and Encourages Investors with Losses to Contact the Firm

11/11/2021 | 05:30pm EST

The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Penn National Gaming, Inc. (“Penn National” or “the Company”) (NASDAQ: PENN) for violations of the securities laws.

The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Penn National announced its financial results for the third quarter of 2021 on November 4, 2021. The Company reported net income of $0.52 per share, which fell far short of the $0.93 per share for the same quarter of the prior year. Based on this news, shares of Penn National fell sharply on the same day.

If you are a shareholder who suffered a loss, click here to participate.

We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at brian@schallfirm.com.

The class in this case has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.

The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.


ę Business Wire 2021
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01/21Needham Adjusts Price Target on Penn National Gaming to $76 From $115, Reiterates Buy R..
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01/21Jefferies Adjusts Price Target on Penn National Gaming to $49 From $62, Reiterates Hold..
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01/20Penn National Gaming, PointsBet Form Partnership to Offer Online Sports Betting in Penn..
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01/20PointsBet Secures Sports Wagering, Gaming Licenses in Pennsylvania
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01/19Stifel Adjusts Price Target on Penn National Gaming to $59 From $73, Reiterates Buy Rat..
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More news
Analyst Recommendations on PENN NATIONAL GAMING, INC.
More recommendations
Financials (USD)
Sales 2021 5 832 M - -
Net income 2021 472 M - -
Net Debt 2021 8 937 M - -
P/E ratio 2021 16,1x
Yield 2021 -
Capitalization 7 345 M 7 345 M -
EV / Sales 2021 2,79x
EV / Sales 2022 2,53x
Nbr of Employees 18 321
Free-Float -
Chart PENN NATIONAL GAMING, INC.
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Penn National Gaming, Inc. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends PENN NATIONAL GAMING, INC.
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 18
Last Close Price 43,46 $
Average target price 71,31 $
Spread / Average Target 64,1%
EPS Revisions
Managers and Directors
Jay A. Snowden President, Chief Executive Officer & Director
Felicia Kantor Hendrix Chief Financial Officer & Executive Vice President
David A. Handler Chairman
Richard Primus Chief Information Officer & Senior Vice President
Todd George Executive Vice President-Operations
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