Should I buy or sell The Pennant Group stock right now?

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for The Pennant Group in the last twelve months. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" PNTG shares. View PNTG analyst ratings or view top-rated stocks .

What is The Pennant Group's stock price target for 2024?

3 Wall Street research analysts have issued 12 month price targets for The Pennant Group's shares. Their PNTG share price targets range from $14.00 to $22.00. On average, they anticipate the company's stock price to reach $18.75 in the next twelve months. This suggests that the stock has a possible downside of 5.8%. View analysts price targets for PNTG or view top-rated stocks among Wall Street analysts .

How have PNTG shares performed in 2024?

The Pennant Group's stock was trading at $13.92 at the start of the year. Since then, PNTG shares have increased by 43.0% and is now trading at $19.91. View the best growth stocks for 2024 here .

When is The Pennant Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024. View our PNTG earnings forecast .

How were The Pennant Group's earnings last quarter?

The Pennant Group, Inc. (NASDAQ:PNTG) posted its quarterly earnings results on Wednesday, February, 28th. The company reported $0.18 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.19 by $0.01. The firm earned $145.95 million during the quarter, compared to the consensus estimate of $136.79 million. The Pennant Group had a trailing twelve-month return on equity of 12.78% and a net margin of 2.46%. During the same quarter last year, the company earned $0.15 earnings per share.

What guidance has The Pennant Group issued on next quarter's earnings?

The Pennant Group updated its FY 2024 earnings guidance on Wednesday, February, 28th. The company provided earnings per share guidance of 0.820-0.910 for the period, compared to the consensus estimate of 0.850. The company issued revenue guidance of $596.8 million-$633.7 million, compared to the consensus revenue estimate of $573.5 million.

What other stocks do shareholders of The Pennant Group own?

Based on aggregate information from My MarketBeat watchlists, some companies that other The Pennant Group investors own include AbbVie (ABBV) , Enterprise Products Partners (EPD) , Energy Transfer (ET) , Gilead Sciences (GILD) , General Mills (GIS) , Harley-Davidson (HOG) , Helmerich & Payne (HP) , International Business Machines (IBM) , International Paper (IP) and Kohl's (KSS) .

Who are The Pennant Group's major shareholders?

The Pennant Group's stock is owned by many different retail and institutional investors. Top institutional shareholders include Los Angeles Capital Management LLC (0.23%). Insiders that own company stock include Barry M Smith, Brent Guerisoli, Christopher R Christensen, Daniel H Walker , Jennifer Freeman , Joanne Stringfield , John G Nackel and John J Gochnour. View institutional ownership trends .

How do I buy shares of The Pennant Group?

Shares of PNTG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

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NASDAQ:PNTG

The Pennant Group (PNTG) Stock Price, News & Analysis

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$19.91

-0.29 (-1.44%)

(As of 04/15/2024 ET)

Compare

Today's Range: $19.89
▼
$20.55
50-Day Range: $15.06
▼
$20.72
52-Week Range: $10.31
▼
$20.89

Volume: 108,356 shs
Average Volume: 123,221 shs
Market Capitalization: $605.06 million

P/E Ratio: 45.25
Dividend Yield: N/A
Price Target: $18.75

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The Pennant Group MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.67 Rating Score
Upside/Downside: 5.8% Downside
$18.75 Price Target
Short Interest: Healthy
1.18% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: N/A
Insider Trading: Selling Shares
$23,697 Sold Last Quarter
Proj. Earnings Growth: 17.81%
From $0.73 to $0.86 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.77 out of 5 stars

Medical Sector

441st out of 929 stocks

Health Services Industry

4th out of 10 stocks

1.3

Analyst's Opinion

Consensus Rating
The Pennant Group has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.
Amount of Analyst Coverage
The Pennant Group has only been the subject of 2 research reports in the past 90 days.

4.0

Short Interest

Percentage of Shares Shorted
1.18% of the float of The Pennant Group has been sold short.
Short Interest Ratio / Days to Cover
The Pennant Group has a short interest ratio ("days to cover") of 2.2, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in The Pennant Group has recently decreased by 2.65%, indicating that investor sentiment is improving.

0.0

Dividend Strength

Dividend Yield
The Pennant Group does not currently pay a dividend.
Dividend Growth
The Pennant Group does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for PNTG.

2.7

News and Social Media Coverage

News Sentiment
The Pennant Group has a news sentiment score of 1.89. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.66 average news sentiment score of Medical companies.
News Coverage This Week
MarketBeat has tracked 1 news article for The Pennant Group this week, compared to 1 article on an average week.
Search Interest
Only 1 people have searched for PNTG on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.
MarketBeat Follows
Only 4 people have added The Pennant Group to their MarketBeat watchlist in the last 30 days. This is a decrease of -20% compared to the previous 30 days.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, The Pennant Group insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $23,697.00 in company stock.
Percentage Held by Insiders
10.30% of the stock of The Pennant Group is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
85.88% of the stock of The Pennant Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.1

Earnings and Valuation

Earnings Growth
Earnings for The Pennant Group are expected to grow by 17.81% in the coming year, from $0.73 to $0.86 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of The Pennant Group is 45.25, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 146.28.
Price to Earnings Ratio vs. Sector
The P/E ratio of The Pennant Group is 45.25, which means that it is trading at a less expensive P/E ratio than the Medical sector average P/E ratio of about 268.13.
Price to Earnings Growth Ratio
The Pennant Group has a PEG Ratio of 2.13. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
The Pennant Group has a P/B Ratio of 4.10. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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About The Pennant Group Stock (NASDAQ:PNTG)

The Pennant Group, Inc. provides healthcare services in the United States. It operates in two segments, Home Health and Hospice Services, and Senior Living Services. The company offers home health services, including clinical services, such as nursing, speech, occupational and physical therapy, medical social work, and home health aide services; and hospice services comprising clinical care, education, and counseling services for the physical, spiritual, and psychosocial needs of terminally ill patients and their families. It also provides senior living services, such as residential accommodations, activities, meals, housekeeping, and assistance in the activities of daily living to seniors who are independent or who require some support. The company operates home health, hospice, and home care agencies, as well as senior living communities throughout Arizona, California, Colorado, Idaho, Montana, Nevada, Oklahoma, Oregon, Texas, Utah, Washington, Wisconsin, and Wyoming. The Pennant Group, Inc. was incorporated in 2019 and is headquartered in Eagle, Idaho.

PNTG Stock Price History

30 days | 90 days | 365 days | Advanced Chart

PNTG Stock News Headlines

March 28, 2024 | finance.yahoo.com

The Pennant Group, Inc.'s (NASDAQ:PNTG) Stock is Soaring But Financials Seem Inconsistent: Will The Uptrend Continue?

March 26, 2024 | finance.yahoo.com

PNTG May 2024 17.500 put

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March 12, 2024 | globenewswire.com

Pennant Group to Participate in the 2024 Oppenheimer Healthcare MedTech & Services Conference

March 2, 2024 | investing.com

Earnings call: Pennant Group exceeds Q4 earnings, eyes growth in 2024

March 2, 2024 | seekingalpha.com

Pennant Group, Inc. (PNTG) Q4 2023 Earnings Call Transcript

March 1, 2024 | finanznachrichten.de

Pennant Group, Inc.: Pennant Reports Fourth Quarter and Fiscal Year 2023 Results

March 1, 2024 | globenewswire.com

Pennant Acquires Two Senior Living Communities in Utah

April 16, 2024 | Crypto Swap Profits (Ad)

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March 1, 2024 | finance.yahoo.com

The Pennant Group, Inc. (NASDAQ:PNTG) Q4 2023 Earnings Call Transcript

March 1, 2024 | finance.yahoo.com

Pennant Group Full Year 2023 Earnings: Revenues Beat Expectations, EPS Lags

February 28, 2024 | ca.finance.yahoo.com

Pennant Group Inc (PNTG) Reports Strong Earnings Growth in Q4 and Fiscal Year 2023

February 28, 2024 | msn.com

Pennant GAAP EPS of $0.14 misses by $0.06, revenue of $146M beats by $9.57M

February 28, 2024 | globenewswire.com

Pennant Reports Fourth Quarter and Fiscal Year 2023 Results

February 14, 2024 | finance.yahoo.com

Pennant Announces Fourth Quarter and Year-End 2023 Earnings Release and Call

February 14, 2024 | globenewswire.com

Pennant Announces Fourth Quarter and Year-End 2023 Earnings Release and Call

January 25, 2024 | finance.yahoo.com

The Pennant Group, Inc. (PNTG) Is Attractively Priced Despite Fast-paced Momentum

January 17, 2024 | markets.businessinsider.com

Forecasting The Future: 4 Analyst Projections For Pennant Gr

January 5, 2024 | msn.com

Stephens & Co. Upgrades Pennant Group (PNTG)

January 2, 2024 | finance.yahoo.com

Pennant and John Muir Health Enter into a Home Health Joint Venture in the Bay Area, California

December 24, 2023 | finance.yahoo.com

The Pennant Group, Inc. (NASDAQ:PNTG) is largely controlled by institutional shareholders who own 81% of the company

December 21, 2023 | benzinga.com

Pennant Gr Stock (NASDAQ:PNTG) Dividends: History, Yield and Dates

December 14, 2023 | finance.yahoo.com

The Pennant Group, Inc. (PNTG) Now Trades Above Golden Cross: Time to Buy?

December 6, 2023 | finance.yahoo.com

The Pennant Group, Inc. (PNTG) Shows Fast-paced Momentum But Is Still a Bargain Stock

November 23, 2023 | finance.yahoo.com

A Look At The Intrinsic Value Of The Pennant Group, Inc. (NASDAQ:PNTG)

November 21, 2023 | finance.yahoo.com

Should Value Investors Buy The Pennant Group (PNTG) Stock?

November 20, 2023 | finance.yahoo.com

Fast-paced Momentum Stock The Pennant Group, Inc. (PNTG) Is Still Trading at a Bargain

See More Headlines

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Company Calendar

Last Earnings: 2/28/2024
Today: 4/16/2024
Next Earnings (Estimated): 5/02/2024
Fiscal Year End: 12/31/2024

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Medical
Industry: Health services
Sub-Industry: N/A
Current Symbol: NASDAQ:PNTG
CUSIP: N/A
CIK: 1766400
Web: www.pennantgroup.com
Phone: 208-506-6100
Fax: N/A
Employees: 5,791
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $18.75
High Stock Price Target: $22.00
Low Stock Price Target: $14.00
Potential Upside/Downside: -5.8%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.67
Research Coverage: 3 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.44
Trailing P/E Ratio: 45.25
Forward P/E Ratio: 27.27
P/E Growth: 2.13
Net Income: $13.38 million
Net Margins: 2.46%
Pretax Margin: 3.59%
Return on Equity: 12.78%
Return on Assets: 3.36%

Debt

Debt-to-Equity Ratio: 0.44
Current Ratio: 1.12
Quick Ratio: 1.12

Sales & Book Value

Annual Sales: $544.89 million
Price / Sales: 1.10
Cash Flow: $0.77 per share
Price / Cash Flow: 25.82
Book Value: $4.86 per share
Price / Book: 4.10

Miscellaneous

Outstanding Shares: 30,013,000
Free Float: 27,261,000
Market Cap: $597.56 million
Optionable: Optionable
Beta: 2.06

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Key Executives

Mr. Brent J. Guerisoli (Age 43)
CEO & Director
Comp: $804.28k
Mr. John J. Gochnour (Age 41)
President & COO
Comp: $742.18k
Ms. Lynette B. Walbom CPA (Age 47)
Chief Financial Officer
Mr. Kirk S. Cheney
General Counsel & Corporate Secretary
Mr. Brian Wayment
President of Cornerstone Healthcare

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

PNTG Stock Analysis - Frequently Asked Questions

Should I buy or sell The Pennant Group stock right now?: 3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for The Pennant Group in the last twelve months. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" PNTG shares.
View PNTG analyst ratings or view top-rated stocks.
What is The Pennant Group's stock price target for 2024?: 3 Wall Street research analysts have issued 12 month price targets for The Pennant Group's shares. Their PNTG share price targets range from $14.00 to $22.00. On average, they anticipate the company's stock price to reach $18.75 in the next twelve months. This suggests that the stock has a possible downside of 5.8%.
View analysts price targets for PNTG or view top-rated stocks among Wall Street analysts.
How have PNTG shares performed in 2024?: The Pennant Group's stock was trading at $13.92 at the start of the year. Since then, PNTG shares have increased by 43.0% and is now trading at $19.91.
View the best growth stocks for 2024 here.
When is The Pennant Group's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024.
View our PNTG earnings forecast.
How were The Pennant Group's earnings last quarter?: The Pennant Group, Inc. (NASDAQ:PNTG) posted its quarterly earnings results on Wednesday, February, 28th. The company reported $0.18 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.19 by $0.01. The firm earned $145.95 million during the quarter, compared to the consensus estimate of $136.79 million. The Pennant Group had a trailing twelve-month return on equity of 12.78% and a net margin of 2.46%. During the same quarter last year, the company earned $0.15 earnings per share.

What guidance has The Pennant Group issued on next quarter's earnings?: The Pennant Group updated its FY 2024 earnings guidance on Wednesday, February, 28th. The company provided earnings per share guidance of 0.820-0.910 for the period, compared to the consensus estimate of 0.850. The company issued revenue guidance of $596.8 million-$633.7 million, compared to the consensus revenue estimate of $573.5 million.
What other stocks do shareholders of The Pennant Group own?: Based on aggregate information from My MarketBeat watchlists, some companies that other The Pennant Group investors own include AbbVie (ABBV), Enterprise Products Partners (EPD), Energy Transfer (ET), Gilead Sciences (GILD), General Mills (GIS), Harley-Davidson (HOG), Helmerich & Payne (HP), International Business Machines (IBM), International Paper (IP) and Kohl's (KSS).
Who are The Pennant Group's major shareholders?: The Pennant Group's stock is owned by many different retail and institutional investors. Top institutional shareholders include Los Angeles Capital Management LLC (0.23%). Insiders that own company stock include Barry M Smith, Brent Guerisoli, Christopher R Christensen, Daniel H Walker, Jennifer Freeman, Joanne Stringfield, John G Nackel and John J Gochnour.
View institutional ownership trends.
How do I buy shares of The Pennant Group?: Shares of PNTG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:PNTG) was last updated on 4/16/2024 by MarketBeat.com Staff

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