The Pennant Group (NASDAQ:PNTG – Get Free Report) issued an update on its FY 2026 earnings guidance on Friday morning. The company provided earnings per share guidance of 1.340-1.410 for the period, compared to the consensus EPS estimate of 1.360. The company issued revenue guidance of $1.2 billion, compared to the consensus revenue estimate of $1.2 billion.
Wall Street Analysts Forecast Growth
PNTG has been the subject of several recent research reports. Wells Fargo & Company increased their price objective on The Pennant Group from $45.00 to $46.00 and gave the stock an “overweight” rating in a report on Tuesday, August 11th. Royal Bank Of Canada restated an “outperform” rating and issued a $48.00 target price on shares of The Pennant Group in a research note on Friday. Weiss Ratings raised The Pennant Group from a “buy (b-)” rating to a “buy (b)” rating in a research report on Wednesday, August 19th. Oppenheimer upped their target price on The Pennant Group from $47.00 to $50.00 and gave the stock an “outperform” rating in a research report on Thursday. Finally, Truist Financial raised their price target on The Pennant Group from $42.00 to $48.00 and gave the stock a “buy” rating in a research note on Tuesday, July 14th. Six research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $48.00.
Check Out Our Latest Stock Analysis on The Pennant Group
The Pennant Group Stock Down 7.3%
The Pennant Group stock traded down $2.94 during mid-day trading on Friday, hitting $37.06. 503,999 shares of the company’s stock were exchanged, compared to its average volume of 302,881. The Pennant Group has a 1-year low of $23.50 and a 1-year high of $44.24. The stock has a 50 day moving average of $40.19 and a two-hundred day moving average of $35.66. The company has a current ratio of 1.20, a quick ratio of 1.20 and a debt-to-equity ratio of 0.48. The stock has a market cap of $1.29 billion, a P/E ratio of 37.44, a P/E/G ratio of 2.87 and a beta of 1.33.
The Pennant Group (NASDAQ:PNTG – Get Free Report) last announced its quarterly earnings results 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 Pennant Group had a return on equity of 10.43% and a net margin of 3.05%. The company had revenue of $302.25 million during the quarter, compared to analyst estimates of $299.34 million. As a group, analysts anticipate that The Pennant Group will post 1.18 EPS for the current fiscal year.
The Pennant Group Company Profile
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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