News articles about Pinnacle Entertainment (NASDAQ:PNK) have been trending somewhat positive on Thursday, according to Accern Sentiment. The research firm identifies negative and positive news coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to 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 assigned news stories about the company an impact score of 45.3240306731276 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
Here are some of the media headlines that may have impacted Accern Sentiment’s rankings:
- Pinnacle Entertainment Inc (PNK) Sees Significant Drop in Short Interest (americanbankingnews.com)
- SHAREHOLDER NOTICE: Brodsky & Smith, LLC Announces an Investigation of Pinnacle Entertainment, Inc. – PNK (money.ca)
- SHAREHOLDER NOTICE: Brodsky & Smith, LLC Announces an Investigation of Pinnacle Entertainment, Inc. – PNK (finance.yahoo.com)
- The Zacks Analyst Blog Highlights: Penn National Gaming, Boyd Gaming and Melco Resorts & Entertainment (finance.yahoo.com)
Pinnacle Entertainment (PNK) opened at $31.93 on Thursday. Pinnacle Entertainment has a 52-week low of $13.61 and a 52-week high of $33.59. The company has a market capitalization of $1,830.00 and a PE ratio of 63.86. The company has a debt-to-equity ratio of -11.36, a current ratio of 0.71 and a quick ratio of 0.68.
Several analysts have issued reports on the company. BidaskClub raised Pinnacle Entertainment from a “hold” rating to a “buy” rating in a report on Saturday, October 7th. Susquehanna Bancshares reissued a “neutral” rating on shares of Pinnacle Entertainment in a report on Tuesday, December 19th. Deutsche Bank boosted their price target on Pinnacle Entertainment from $20.00 to $27.00 and gave the company a “hold” rating in a report on Wednesday, November 8th. Macquarie lowered Pinnacle Entertainment from an “outperform” rating to a “neutral” rating in a report on Tuesday, December 19th. Finally, Telsey Advisory Group boosted their price objective on Pinnacle Entertainment from $27.00 to $28.00 and gave the company an “outperform” rating in a research report on Thursday, October 12th. Eight research analysts have rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company. The company has an average rating of “Hold” and an average price target of $27.57.
Pinnacle Entertainment Company Profile
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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