The Pennant Group (PNTG) Expected to Announce Quarterly Earnings on Wednesday

Key Points

• The Pennant Group (PNTG) is expected to announce its Q2 2025 earnings on August 6th, with analysts projecting earnings of $0.26 per share and revenue of $210.59 million.
• The company's stock opened at $22.98 and currently has a market capitalization of $792.12 million, with a price-to-earnings ratio of 30.24.
• Several institutional investors, including AQR Capital Management and Royal Bank of Canada, have recently increased their stakes in The Pennant Group, with 85.88% of the stock now owned by institutional investors.

The Pennant Group (NASDAQ:PNTG - Get Free Report) is projected to announce its Q2 2025 earnings results after the market closes on Wednesday, August 6th. Analysts expect the company to announce earnings of $0.26 per share and revenue of $210.59 million for the quarter.

The Pennant Group Stock Down 0.5%

Shares of PNTG traded down $0.10 during mid-day trading on Friday, hitting $22.07. The company's stock had a trading volume of 356,819 shares, compared to its average volume of 271,693. The company has a current ratio of 1.41, a quick ratio of 1.41 and a debt-to-equity ratio of 0.81. The firm has a market capitalization of $760.75 million, a price-to-earnings ratio of 29.04, a PEG ratio of 1.88 and a beta of 1.48. The company's 50-day moving average is $26.53 and its 200-day moving average is $26.17. The Pennant Group has a 52-week low of $21.18 and a 52-week high of $37.13.

Insider Buying and Selling

In related news, Director Joanne Stringfield sold 5,000 shares of the firm's stock in a transaction on Tuesday, May 20th. The shares were sold at an average price of $29.47, for a total transaction of $147,350.00. Following the sale, the director owned 30,275 shares in the company, valued at approximately $892,204.25. This trade represents a 14.17% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 5.40% of the company's stock.

Institutional Trading of The Pennant Group

Several hedge funds and other institutional investors have recently added to or reduced their stakes in PNTG. AQR Capital Management LLC grew its position in The Pennant Group by 32.6% during the first quarter. AQR Capital Management LLC now owns 10,255 shares of the company's stock valued at $258,000 after buying an additional 2,524 shares during the period. Jane Street Group LLC acquired a new stake in shares of The Pennant Group in the first quarter valued at about $297,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in shares of The Pennant Group by 4.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 19,394 shares of the company's stock valued at $488,000 after purchasing an additional 857 shares during the period. Royal Bank of Canada grew its position in shares of The Pennant Group by 174.5% in the first quarter. Royal Bank of Canada now owns 27,290 shares of the company's stock valued at $687,000 after purchasing an additional 17,347 shares during the period. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in shares of The Pennant Group by 4.5% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 81,392 shares of the company's stock valued at $2,047,000 after purchasing an additional 3,507 shares during the period. Institutional investors and hedge funds own 85.88% of the company's stock.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on PNTG. Stephens reissued an "overweight" rating and set a $35.00 target price on shares of The Pennant Group in a report on Tuesday, June 10th. Truist Financial reduced their target price on shares of The Pennant Group from $32.00 to $28.00 and set a "hold" rating for the company in a report on Wednesday, July 16th. Finally, Wells Fargo & Company raised their target price on shares of The Pennant Group from $30.00 to $31.00 and gave the stock an "equal weight" rating in a report on Tuesday, June 3rd. Two investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $33.80.

About The Pennant Group

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.