Pinnacle Entertainment (PNK) Earns Media Sentiment Rating of 0.14

Press coverage about Pinnacle Entertainment (NASDAQ:PNK) has trended somewhat positive recently, according to Accern Sentiment. The research firm identifies positive and negative media coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Pinnacle Entertainment earned a news sentiment score of 0.14 on Accern’s scale. Accern also gave headlines about the company an impact score of 45.4420846682459 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.

Several equities analysts recently weighed in on PNK shares. BidaskClub lowered Pinnacle Entertainment from a “strong-buy” rating to a “buy” rating in a research note on Thursday, January 4th. Citigroup lowered Pinnacle Entertainment to a “hold” rating in a research note on Tuesday, December 19th. Susquehanna Bancshares restated a “neutral” rating on shares of Pinnacle Entertainment in a research note on Tuesday, December 19th. Macquarie lowered Pinnacle Entertainment from an “outperform” rating to a “neutral” rating in a research note on Tuesday, December 19th. Finally, ValuEngine lowered Pinnacle Entertainment from a “buy” rating to a “hold” rating in a research note on Friday, December 1st. Eight analysts have rated the stock with a hold rating and four have given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $27.57.

Shares of Pinnacle Entertainment (NASDAQ:PNK) opened at $32.84 on Friday. Pinnacle Entertainment has a 52 week low of $13.61 and a 52 week high of $33.59. The company has a current ratio of 0.71, a quick ratio of 0.68 and a debt-to-equity ratio of -11.36. The company has a market capitalization of $2,135.94, a P/E ratio of 65.68 and a beta of 1.45.

Pinnacle Entertainment (NASDAQ:PNK) last posted its quarterly earnings data on Tuesday, November 7th. The company reported $0.23 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.22 by $0.01. Pinnacle Entertainment had a negative return on equity of 13.12% and a net margin of 1.23%. The company had revenue of $647.40 million during the quarter, compared to analyst estimates of $652.13 million. During the same period in the previous year, the business earned ($0.01) EPS. Pinnacle Entertainment’s quarterly revenue was up 8.8% on a year-over-year basis. equities analysts anticipate that Pinnacle Entertainment will post 0.81 earnings per share for the current year.

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About Pinnacle Entertainment

Pinnacle Entertainment, Inc is an owner, operator and developer of casinos and related hospitality and entertainment businesses. The Company operates through three segments: Midwest, South and West. The Company’s Midwest segment includes Ameristar Council Bluffs, Ameristar East Chicago, Ameristar Kansas City, Ameristar St.

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