The Pennant Group (PNTG) to Release 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 expected to issue its Q2 2025 quarterly earnings data 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 Performance

Shares of The Pennant Group stock traded down $0.10 during trading on Friday, hitting $22.07. 356,819 shares of the company's stock traded hands, compared to its average volume of 226,382. The company has a debt-to-equity ratio of 0.81, a current ratio of 1.41 and a quick ratio of 1.41. The Pennant Group has a 1 year low of $21.18 and a 1 year high of $37.13. The stock has a market capitalization of $760.73 million, a P/E ratio of 29.04, a PEG ratio of 1.92 and a beta of 1.51. The business has a 50-day simple moving average of $26.64 and a 200-day simple moving average of $26.20.

Insider Activity at The Pennant Group

In related news, Director Joanne Stringfield sold 5,000 shares of the business's stock in a transaction on Tuesday, May 20th. The stock was sold at an average price of $29.47, for a total transaction of $147,350.00. Following the completion of the transaction, the director owned 30,275 shares in the company, valued at $892,204.25. The trade was a 14.17% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 5.40% of the company's stock.

Institutional Investors Weigh In On The Pennant Group

Several hedge funds have recently made changes to their positions in the company. Royal Bank of Canada increased its position in The Pennant Group by 174.5% during the 1st quarter. Royal Bank of Canada now owns 27,290 shares of the company's stock valued at $687,000 after buying an additional 17,347 shares in the last quarter. AQR Capital Management LLC boosted 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 worth $258,000 after purchasing an additional 2,524 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in The Pennant Group by 4.6% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 19,394 shares of the company's stock worth $488,000 after purchasing an additional 857 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in shares of The Pennant Group by 4.5% during 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 acquiring an additional 3,507 shares during the last quarter. Finally, Jane Street Group LLC acquired a new position in shares of The Pennant Group during the first quarter valued at approximately $297,000. 85.88% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research analysts have weighed in on PNTG shares. Wells Fargo & Company increased their target price on The Pennant Group from $30.00 to $31.00 and gave the company an "equal weight" rating in a report on Tuesday, June 3rd. Truist Financial decreased their price objective on The Pennant Group from $32.00 to $28.00 and set a "hold" rating on the stock in a research note on Wednesday, July 16th. Finally, Stephens reaffirmed an "overweight" rating and issued a $35.00 price objective on shares of The Pennant Group in a research note on Tuesday, June 10th. Two research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average 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.