PENN
Penn Entertainment Inc. Consumer Discretionary - Casinos Investor Relations →
Penn Entertainment Inc. (PENN) closed at $21.30 as of 2026-06-19, trading 0.1% above its 200-week moving average of $21.27. The stock is currently moving closer to the line, down from 1.6% last week. With a 14-week RSI of 81, PENN is in overbought territory.
Trading volume is running at 0.9x of its 14-week average, which is in the normal range. The balance between buying and selling volume (1.20 ratio) is neutral — neither side is clearly dominating.
Over the past 1625 weeks of data, PENN has crossed below its 200-week moving average 15 times. On average, these episodes lasted 35 weeks. Historically, investors who bought PENN at the start of these episodes saw an average one-year return of +74.3%.
With a market cap of $2.9 billion, PENN is a mid-cap stock. Free cash flow yield is currently negative, meaning the company is burning cash. Return on equity stands at -40.1%. The stock trades at 1.5x book value.
The company has been aggressively buying back shares, reducing its share count by 13.4% over the past three years.
Over the past 31.2 years, a hypothetical investment of $100 in PENN would have grown to $10767, compared to $2397 for the S&P 500. That represents an annualized return of 16.2% vs 10.7% for the index — confirming PENN as a market-beating investment and the kind of quality company where buying during 200-week moving average touches has historically been rewarded.
Free cash flow has been declining at a -100% compound annual rate. A deteriorating cash flow trend warrants extra scrutiny — the stock may be cheap for a reason.
Business Health
Annual financials — how the underlying business has performed over the past several years.
Cash Flow Free cash flow & net income ($M)
Revenue Annual revenue ($M) — business growth proxy
Total Debt Balance sheet debt ($M)
ROIC Return on invested capital (%)
FCF Yield Free cash flow / market cap (%) — Yartseva signal
Gross Margin Pricing power & competitive moat (%)
Shares Outstanding Buybacks vs dilution (millions)
Growth of $100: PENN vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After PENN Crosses Below the Line?
Across 15 historical episodes, buying PENN when it crossed below its 200-week moving average produced an average return of +91.3% after 12 months (median +14.0%), compared to +9.5% for the S&P 500 over the same periods. 60% of those episodes were profitable after one year. After 24 months, the average return was +125.9% vs +27.8% for the index.
Each line shows $100 invested at the moment PENN crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Bean Score Experimental
The Bean Score measures how far a stock's free cash flow yield has deviated from its own quarterly baseline, normalized by the stock's historical behavior. PENN currently has negative free cash flow, so price-based dislocation levels are not available. The score still tracks yield deviation from baseline.
Quarterly FCF & Yield Trailing twelve-month free cash flow and yield at each quarter end
Signal Accuracy Collecting Data
The Bean Score system is accumulating weekly data to validate signal accuracy. After 13+ weeks of history, this section will display win rates and average returns for each σ threshold crossing — answering the question: "When this score says cheap or expensive, does the price subsequently move in the expected direction?"
Theoretical framework — not backtested or forward-tested. The Bean Score uses trailing twelve-month free cash flow yield as a dislocation identifier. It measures whether the market has pushed a stock's yield unusually far from its own baseline behavior. These levels are reference points for identifying potential swing trade opportunities, not buy/sell signals. FCF values update quarterly with earnings; between reports, all movement is price-driven.
Dislocation Scores Experimental
Each score measures deviation from PENN's own historical baseline — the same idea as the Bean Score, applied to different fundamentals. Positive means cheaper or more dislocated than this stock's norm. Scores marked σ are normalized by the stock's own variability; pp values are simple deltas from its recent baseline.
Theoretical framework — not backtested. These scores describe how unusual today's readings are for this specific company. They are starting points for research, not buy or sell signals. Annual-statement scores (buyback, accruals, FCF vs history) rest on only ~4 yearly data points and are deltas, not sigmas.
Historical Touches
PENN has crossed below its 200-week MA 15 times with an average 1-year return of +74.3% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Dec 1997 | Dec 1997 | 1 | 4.1% | -20.0% | +4206.7% |
| May 1998 | Apr 2000 | 101 | 45.5% | -3.3% | +3866.7% |
| Dec 2000 | Jan 2001 | 4 | 14.8% | +188.5% | +3815.2% |
| Jun 2008 | Jan 2011 | 135 | 68.3% | -21.4% | +154.3% |
| Feb 2011 | Feb 2011 | 1 | 1.2% | +22.2% | +170.3% |
| Mar 2011 | Mar 2011 | 1 | 1.4% | +25.6% | +172.3% |
| Jul 2014 | Aug 2014 | 1 | 1.4% | +87.4% | +109.2% |
| Sep 2016 | Dec 2016 | 13 | 13.5% | +67.7% | +58.1% |
| Dec 2016 | Feb 2017 | 8 | 5.5% | +127.2% | +54.5% |
| Dec 2018 | Dec 2018 | 2 | 12.6% | +40.2% | +18.7% |
| Mar 2019 | Apr 2019 | 2 | 4.3% | -60.9% | +5.5% |
| Apr 2019 | Oct 2019 | 26 | 17.5% | -22.3% | +6.5% |
| Mar 2020 | May 2020 | 10 | 64.7% | +743.4% | +37.7% |
| Jan 2022 | Feb 2022 | 4 | 8.8% | -26.3% | -52.1% |
| Mar 2022 | Jun 2026 | 222 | 68.0% | -33.7% | -50.1% |
| Average | 35 | — | +74.3% | — |
Frequently Asked Questions
Is PENN below its 200-week moving average?
No. Penn Entertainment Inc. (PENN) is currently 0.1% above its 200-week moving average of $21.27. It would need to fall to $21.27 to cross below the line.
What is PENN's 200-week moving average price?
Penn Entertainment Inc.'s 200-week moving average is $21.27 as of 2026-06-19. This is the average weekly closing price over roughly the last 4 years, and it acts as a long-term trend line. When a stock drops below this level, it can signal that the price has fallen far enough from the long-term trend to attract value-oriented investors.
What happens when PENN drops below its 200-week moving average?
PENN has crossed below its 200-week moving average 15 times in our data. On average, buying at that moment produced a one-year return of +74.3%. These dips have historically been decent entry points. These episodes lasted 35 weeks on average.
Is PENN a good value right now?
Here's what our data says about PENN as of 2026-06-19: The stock is above its 200-week moving average, so it doesn't currently meet our primary signal. The 14-week RSI is 81 (overbought). Free cash flow is currently negative. Return on equity is -40.1%. Price-to-book is 1.5x. This is not a buy or sell recommendation — always do your own research.
How does PENN compare to the S&P 500?
Over the past 31.2 years, $100 invested in PENN would have grown to $10767, compared to $2397 for the S&P 500. That's 16.2% annualized vs 10.7% for the index. PENN has outperformed the broader market over this period.
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of week of 2026-06-19