PENN: Value or Value Trap?


Ticker: PENN

Penn National Gaming

https://finviz.com/quote.ashx?t=PENN

-P/E Ratio: of 14.63 (Historically Penn has been above 15)

-Debt to Equity Ratio of 1.76

-They seem to be hoarding cash right now

https://www.macrotrends.net/stocks/charts/PENN/penn-national-gaming/cash-on-hand

-They own a portion of Barstool Sports so have their foot in the door for online sport betting as well as regular casinos

buying at $36.50

Is it value or value trap?


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