The Pennant Group, Inc. (NASDAQ:PNTG – Get Free Report) has earned an average rating of “Moderate Buy” from the seven brokerages that are presently covering the stock, MarketBeat reports. One analyst has rated the stock with a hold recommendation and six have given a buy recommendation to the company. The average 1-year price target among brokers that have covered the stock in the last year is $48.00.
Several equities analysts have weighed in on PNTG shares. Oppenheimer lifted their price target on shares of The Pennant Group from $47.00 to $50.00 and gave the company an “outperform” rating in a report on Thursday. Weiss Ratings raised shares of The Pennant Group from a “buy (b-)” rating to a “buy (b)” rating in a research note on Wednesday, August 19th. Wells Fargo & Company raised their price objective on shares of The Pennant Group from $45.00 to $46.00 and gave the company an “overweight” rating in a research report on Tuesday, August 11th. Royal Bank Of Canada raised their price objective on shares of The Pennant Group from $44.00 to $48.00 and gave the company an “outperform” rating in a research report on Friday. Finally, Wall Street Zen cut shares of The Pennant Group from a “buy” rating to a “hold” rating in a research note on Saturday.
Get Our Latest Stock Analysis on The Pennant Group
The Pennant Group Price Performance
NASDAQ PNTG opened at $36.36 on Monday. The stock’s 50-day moving average price is $40.16 and its 200-day moving average price is $35.70. The company has a quick ratio of 1.18, a current ratio of 1.18 and a debt-to-equity ratio of 0.46. The Pennant Group has a 52 week low of $23.50 and a 52 week high of $44.24. The company has a market capitalization of $1.28 billion, a P/E ratio of 36.73, a price-to-earnings-growth ratio of 2.37 and a beta of 1.33.
The Pennant Group (NASDAQ:PNTG – Get Free Report) last posted its quarterly earnings data on Wednesday, November 4th. The company reported $0.35 earnings per share for the quarter, missing analysts’ consensus estimates of $0.36 by ($0.01). The company had revenue of $302.25 million for the quarter, compared to analysts’ expectations of $299.34 million. The Pennant Group had a net margin of 3.05% and a return on equity of 10.23%. On average, equities research analysts predict that The Pennant Group will post 1.18 earnings per share for the current year.
The Pennant Group News Summary
Here are the key news stories impacting The Pennant Group this week:
- Positive Sentiment: RBC raised its price target to $48 from $44 and maintained an Outperform rating. RBC Raises Price Target on Pennant Group
- Positive Sentiment: Oppenheimer also lifted its target, to $50 from $47, and reiterated an Outperform rating—suggesting continued analyst confidence in the company’s prospects.
- Positive Sentiment: Q3 coverage said Pennant beat earnings and sales expectations, a supportive signal for demand and financial performance. Pennant Group Earnings Beat Pennant Group Beats Q3 Sales Expectations
- Neutral Sentiment: For FY 2026, Pennant guided to EPS of $1.34–$1.41, straddling the $1.36 consensus, and revenue of $1.2 billion, in line with expectations. The range offers limited upside versus consensus, while its lower end is below it.
- Negative Sentiment: A Q3 analysis highlighted margin pressure and integration challenges as risks to the outlook. These concerns may temper the impact of the earnings beat and analyst target increases. Q3 Deep Dive: Margin Pressure and Integration Challenges
Institutional Investors Weigh In On The Pennant Group
A number of institutional investors and hedge funds have recently bought and sold shares of PNTG. Bank of America Corp DE purchased a new position in The Pennant Group during the second quarter valued at $3,430,000. Legal & General Group Plc purchased a new stake in The Pennant Group in the 2nd quarter worth $1,142,000. Grandeur Peak Global Advisors LLC purchased a new stake in The Pennant Group in the 2nd quarter worth $6,644,000. Bank of New York Mellon Corp purchased a new stake in The Pennant Group in the 2nd quarter worth $4,225,000. Finally, Manatuck Hill Partners LLC bought a new position in shares of The Pennant Group during the 2nd quarter valued at about $2,217,000. 85.88% of the stock is owned by institutional investors.
About The Pennant Group
The Pennant Group, Inc is a healthcare services company that operates home health, hospice and senior living businesses in the United States. Through its affiliated agencies and communities, the company provides skilled nursing, physical, occupational and speech therapy, personal care, hospice and palliative services, assisted living, and other support for older adults and individuals recovering from illness or injury.
Pennant’s home health and hospice operations serve patients in their homes and other residential settings, while its senior living segment operates communities that provide assisted living and related services.
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