The Pennant Group, Inc. (NASDAQ:PNTG) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Shares of The Pennant Group, Inc. (NASDAQ:PNTG) have been assigned a consensus recommendation of “Moderate Buy” from the eight brokerages that are presently covering the firm, MarketBeat Ratings reports. One investment analyst has rated the stock with a hold rating and seven have given a buy rating to the company. The average twelve-month price objective among brokerages that have issued a report on the stock in the last year is $36.60.

PNTG has been the topic of several research reports. Royal Bank Of Canada boosted their price objective on shares of The Pennant Group from $39.00 to $41.00 and gave the stock an “outperform” rating in a report on Monday, March 2nd. Wall Street Zen upgraded shares of The Pennant Group from a “hold” rating to a “buy” rating in a research note on Saturday, February 21st. Zacks Research downgraded The Pennant Group from a “strong-buy” rating to a “hold” rating in a research report on Monday, January 12th. Wells Fargo & Company upped their price target on The Pennant Group from $31.00 to $38.00 and gave the company an “overweight” rating in a report on Wednesday, January 7th. Finally, Truist Financial upgraded The Pennant Group from a “hold” rating to a “buy” rating and raised their price objective for the stock from $28.00 to $34.00 in a research report on Tuesday, December 2nd.

Institutional Investors Weigh In On The Pennant Group

A number of institutional investors have recently added to or reduced their stakes in the stock. SG Americas Securities LLC raised its position in The Pennant Group by 3.9% in the 4th quarter. SG Americas Securities LLC now owns 15,926 shares of the company’s stock worth $448,000 after purchasing an additional 600 shares during the last quarter. Caitong International Asset Management Co. Ltd boosted its position in The Pennant Group by 154.2% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 1,182 shares of the company’s stock valued at $33,000 after buying an additional 717 shares during the last quarter. Quantum Portfolio Management LLC boosted its position in The Pennant Group by 4.7% in the 2nd quarter. Quantum Portfolio Management LLC now owns 16,049 shares of the company’s stock valued at $479,000 after buying an additional 721 shares during the last quarter. Intech Investment Management LLC increased its stake in shares of The Pennant Group by 4.8% in the 2nd quarter. Intech Investment Management LLC now owns 17,800 shares of the company’s stock valued at $531,000 after buying an additional 822 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of The Pennant Group by 4.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 19,394 shares of the company’s stock valued at $488,000 after buying an additional 857 shares during the period. 85.88% of the stock is owned by institutional investors and hedge funds.

The Pennant Group Stock Down 3.2%

PNTG opened at $31.05 on Friday. The business has a 50 day moving average of $31.24 and a 200-day moving average of $28.09. The stock has a market capitalization of $1.08 billion, a price-to-earnings ratio of 37.41, a P/E/G ratio of 2.15 and a beta of 1.23. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 0.45. The Pennant Group has a 1-year low of $21.73 and a 1-year high of $35.00.

The Pennant Group (NASDAQ:PNTG) last announced its earnings results on Wednesday, February 25th. The company reported $0.34 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.31 by $0.03. The business had revenue of $289.32 million for the quarter, compared to analyst estimates of $275.20 million. The Pennant Group had a net margin of 3.12% and a return on equity of 10.10%. The Pennant Group has set its FY 2026 guidance at 1.260-1.360 EPS. As a group, sell-side analysts anticipate that The Pennant Group will post 0.75 earnings per share for the current year.

About The Pennant Group

The Pennant Group (NASDAQ: PNTG) is a publicly traded holding company that provides specialized services to the asset management industry. Through its operating subsidiaries, the company delivers outsourced fund administration, securities lending, prime brokerage, and capital markets solutions designed to support hedge funds, private equity firms, mutual funds and other institutional investors. By leveraging a combination of technology platforms and industry expertise, The Pennant Group helps clients streamline middle- and back-office processes, enhance operational efficiency and manage regulatory requirements.

Key service offerings include fund accounting and reporting, trade settlement and reconciliation, risk monitoring, securities lending programs and execution support across a range of asset classes.