Latest news with #PENN
The Sun
5 days ago
- Business
- The Sun
Nine KUSKOP initiatives boost Indian community under Madani govt
KUALA LUMPUR: The Entrepreneur Development and Cooperatives Ministry (KUSKOP) has rolled out nine key initiatives since 2024 to uplift the Indian community, backed by RM356 million in funding. Deputy Minister Datuk Seri R. Ramanan highlighted these efforts as proof of the Madani government's dedication to inclusive economic growth. 'Over 9,000 Indian entrepreneurs have benefited from financing and development programs this year alone,' Ramanan stated in a Facebook post. Key schemes include SPUMI, PENN for women, BRIEF-i financing, and Vanigham support for small businesses. The ministry also launched Vanakam Madani, i-BAP accelerators, and EIP 2024 to foster entrepreneurship, alongside grants for places of worship. Ramanan stressed these are 'not just numbers but real commitments' to integrate the community into national progress. 'Empowerment is ongoing work with measurable outcomes,' he added, noting Kuskop is evaluating new projects for future rollout. The deputy minister pledged to monitor implementation closely, ensuring efficient service delivery. - Bernama
Yahoo
15-07-2025
- Business
- Yahoo
Here's Why PENN Entertainment (PENN) is a Strong Value Stock
For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Many investors also have a go-to methodology that helps guide their buy and sell decisions. One way to find winning stocks based on your preferred way of investing is to use the Zacks Style Scores, which are indicators that rate stocks based on three widely-followed investing types: value, growth, and momentum. Finding good stocks at good prices, and discovering which companies are trading under their true value, are what value investors like to focus on. So, the Value Style Score takes into account ratios like P/E, PEG, Price/Sales, and Price/Cash Flow to highlight the most attractive and discounted stocks. 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. PENN boasts a Value Style Score of B and VGM Score of B, and holds a Zacks Rank #3 (Hold) rating. Shares of PENN Entertainment are trading at a forward earnings multiple of 25.8X , as well as a PEG Ratio of 0.6, a Price/Cash Flow ratio of 14X, and a Price/Sales ratio of 0.4X. Many value investors pay close attention to a company's earnings as well. For PENN, five analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.65 to $0.69 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 and valuation metrics, and impressive Value and VGM Style Scores. 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 Entertainment, Inc. (PENN) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
30-06-2025
- Business
- Business Wire
PENN Entertainment to Report Second Quarter Results and Host Conference Call and Webcast on August 7
WYOMISSING, Pa.--(BUSINESS WIRE)--PENN Entertainment, Inc. (Nasdaq: PENN) announced today that it will release its 2025 second quarter financial results at 7:00 a.m. ET on Thursday, August 7, 2025, followed by a conference call and simultaneous webcast at 9:00 a.m. ET. Both the call and webcast are open to the general public. The conference call number is 203-518-9843 (conference ID: PENN); please call five minutes in advance to ensure that you are connected prior to the presentation. Interested parties may also access the live call at allow 15 minutes to register, download, and install any necessary software. Questions and answers will be reserved for call-in analysts and investors. A replay of the call can be accessed for thirty days at About PENN Entertainment PENN Entertainment, Inc., together with its subsidiaries ('PENN,' or the 'Company'), is North America's leading provider of integrated entertainment, sports content, and casino gaming experiences. PENN operates in 28 jurisdictions throughout North America, with a broadly diversified portfolio of casinos, racetracks, and online sports betting and iCasino offerings under well-recognized brands including Hollywood Casino®, L'Auberge®, ESPN BET™, and theScore BET Sportsbook and Casino®. PENN's ability to leverage its partnership with ESPN, the 'worldwide leader in sports,' and its ownership of theScore™, the top digital sports media brand in Canada, is central to the Company's highly differentiated strategy to expand its footprint and efficiently grow its customer ecosystem. PENN's focus on organic cross-sell opportunities is reinforced by its market-leading retail casinos, sports media assets, and technology, including a proprietary state-of-the-art, fully integrated digital sports and iCasino betting platform, and an in-house iCasino content studio (PENN Game Studios). The Company's portfolio is further bolstered by its industry-leading PENN Play™ customer loyalty program, offering its over 32 million members a unique set of rewards and experiences.
Yahoo
27-06-2025
- Business
- Yahoo
Susquehanna Raises Penn Entertainment Inc. (PENN) Price Target
Penn Entertainment Inc. (NASDAQ:PENN) is among the 10 Best Casino Stocks To Buy Now. Susquehanna maintained a positive recommendation on Penn Entertainment Inc. (NASDAQ:PENN) and increased its price objective from $24 to $25 on June 10. The bright and neon lights of a glitzy casino, revealing the company's iCasino and gaming properties. The firm stated that the outcome of the impending proxy contest, which is anticipated to end by June 17, will probably be disappointing. Susquehanna does not expect any major strategy changes regardless of the result, but the analyst gives the appointment of two new board members a high possibility and the addition of three a low probability. Susquehanna acknowledged the recent mid-course correction in Penn Entertainment Inc. (NASDAQ:PENN)'s digital strategy, calling the change 'painful' and contributing to the stock's slow growth. Nonetheless, the management sees the change as a necessary realignment to set up the business for long-term success. The board overhaul is not anticipated to result in significant operational changes, despite temporary setbacks. The updated price target shows a little rise in optimism, based more on stabilization than revolutionary expansion. While we acknowledge the potential of PENN as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 10 High-Growth EV Stocks to Invest In and 13 Best Car Stocks to Buy in 2025. Disclosure. None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
The Sun
26-06-2025
- Business
- The Sun
KUSKOP aids 8,466 Indian entrepreneurs in first five months of 2024
KUALA LUMPUR: The Ministry of Entrepreneur Development and Cooperatives (KUSKOP) has assisted 8,466 Indian entrepreneurs through multiple initiatives between January and May this year. These programmes, including Prosperity Empowerment and A New Normal for Indian Women (PENN), Bank Rakyat Indian Entrepreneur Financing-i (BRIEF-i), and the SPUMI Empowerment Financing Scheme (SPUMI Goes Big), aim to enhance economic inclusivity. KUSKOP Deputy Minister Datuk Seri R Ramanan highlighted the government's dedication to uplifting the Indian community in entrepreneurship. 'This demonstrates that Indian entrepreneurs are integral to Malaysia's economic progress,' he said during a press conference after launching the Vanigham Financing Scheme under SME Bank. The scheme allocates RM50 million for Indian small businesses, offering loans between RM100,000 and RM300,000 at a subsidised 6% interest rate. Due to high demand, SME Bank expanded funding to RM140 million, redirecting applicants to other suitable programmes. Today, RM2 million was disbursed to the first 20 beneficiaries. Also present were ministry deputy secretary-general Datuk Saidatu Akhma Hassan and SME Bank chairman Datuk Muslim Hussain.
