The Pennant Group (NASDAQ:PNTG) Cut to "Hold" at Wall Street Zen

Key Points

• Wall Street Zen downgraded The Pennant Group (PNTG) from "buy" to "hold", but the analyst consensus remains a Moderate Buy (seven buys, one hold) with an average price target of $37.00.
• The company posted an earnings beat ($0.34 vs. $0.31 expected) and set FY 2026 EPS guidance of 1.260–1.360, compared with analysts' current-year forecast of about 1.13 EPS.
• PNTG trades near $31.30 with a market cap of roughly $1.09 billion, a 12‑month range of $21.73–$35.00, and high institutional ownership (~85.9%), which may affect liquidity and investor interest.

The Pennant Group (NASDAQ:PNTG - Get Free Report) was downgraded by research analysts at Wall Street Zen from a "buy" rating to a "hold" rating in a research report issued to clients and investors on Saturday.

A number of other research firms have also weighed in on PNTG. Truist Financial upped their target price on shares of The Pennant Group from $34.00 to $36.00 and gave the stock a "buy" rating in a report on Monday, April 13th. Zacks Research lowered shares of The Pennant Group from a "strong-buy" rating to a "hold" rating in a report on Monday, January 12th. Wells Fargo & Company upped their target price on shares of The Pennant Group from $31.00 to $38.00 and gave the stock an "overweight" rating in a report on Wednesday, January 7th. Weiss Ratings raised shares of The Pennant Group from a "hold (c+)" rating to a "buy (b-)" rating in a report on Monday, March 2nd. Finally, Royal Bank Of Canada upped their target price 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. Seven research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $37.00.

The Pennant Group Stock Performance

The Pennant Group stock opened at $31.30 on Friday. The firm's 50 day simple moving average is $31.55 and its 200 day simple moving average is $29.18. 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 firm has a market capitalization of $1.09 billion, a PE ratio of 37.71, a price-to-earnings-growth ratio of 2.14 and a beta of 1.28. The Pennant Group has a 1-year low of $21.73 and a 1-year high of $35.00.

The Pennant Group (NASDAQ:PNTG - Get Free Report) last posted its earnings results on Wednesday, February 25th. The company reported $0.34 earnings per share 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, analysts expect that The Pennant Group will post 1.13 earnings per share for the current fiscal year.

Hedge Funds Weigh In On The Pennant Group

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Fifth Third Bancorp grew its stake in The Pennant Group by 548.9% in the 1st quarter. Fifth Third Bancorp now owns 6,807 shares of the company's stock worth $207,000 after buying an additional 5,758 shares in the last quarter. Wasatch Advisors LP grew its stake in The Pennant Group by 143.2% in the 1st quarter. Wasatch Advisors LP now owns 1,418,687 shares of the company's stock worth $43,242,000 after buying an additional 835,227 shares in the last quarter. Caitong International Asset Management Co. Ltd grew its stake 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 worth $33,000 after buying an additional 717 shares in the last quarter. XTX Topco Ltd purchased a new position in The Pennant Group in the 4th quarter worth approximately $243,000. Finally, Wellington Management Group LLP grew its stake in The Pennant Group by 71.1% in the 4th quarter. Wellington Management Group LLP now owns 817,914 shares of the company's stock worth $23,024,000 after buying an additional 339,870 shares in the last quarter. Hedge funds and other institutional investors own 85.88% of the company's stock.

The Pennant Group Company Profile

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.

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