Should I buy or sell The Pennant Group stock right now?

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for The Pennant Group in the last year. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" PNTG shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in PNTG, but not buy additional shares or sell existing shares. View PNTG analyst ratings or view top-rated stocks .

What is The Pennant Group's stock price target for 2024?

3 Wall Street research analysts have issued twelve-month target prices for The Pennant Group's stock. Their PNTG share price targets range from $14.00 to $16.00. On average, they expect the company's share price to reach $14.50 in the next twelve months. This suggests a possible upside of 7.1% from the stock's current price. View analysts price targets for PNTG or view top-rated stocks among Wall Street analysts .

How have PNTG shares performed in 2023?

The Pennant Group's stock was trading at $10.98 at the start of the year. Since then, PNTG stock has increased by 23.3% and is now trading at $13.54. View the best growth stocks for 2023 here .

When is The Pennant Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 22nd 2024. View our PNTG earnings forecast .

How were The Pennant Group's earnings last quarter?

The Pennant Group, Inc. (NASDAQ:PNTG) released its quarterly earnings results on Tuesday, November, 7th. The company reported $0.17 EPS for the quarter, beating analysts' consensus estimates of $0.16 by $0.01. The firm earned $140.19 million during the quarter, compared to analysts' expectations of $131.18 million. The Pennant Group had a net margin of 2.39% and a trailing twelve-month return on equity of 12.52%.

What other stocks do shareholders of The Pennant Group own?

Based on aggregate information from My MarketBeat watchlists, some companies that other The Pennant Group investors own include AbbVie (ABBV) , Enterprise Products Partners (EPD) , Energy Transfer (ET) , Gilead Sciences (GILD) , General Mills (GIS) , Harley-Davidson (HOG) , Helmerich & Payne (HP) , International Business Machines (IBM) , International Paper (IP) and Kohl's (KSS) .

Who are The Pennant Group's major shareholders?

The Pennant Group's stock is owned by many different retail and institutional investors. Top institutional investors include Riverbridge Partners LLC (4.28%), Paradigm Capital Management Inc. NY (4.00%), Kent Lake Capital LLC (1.95%), First Eagle Investment Management LLC (1.33%), Northern Trust Corp (1.25%) and Rice Hall James & Associates LLC (0.85%). Insiders that own company stock include Barry M Smith, Christopher R Christensen, Daniel H Walker , Jennifer Freeman , Joanne Stringfield , John G Nackel and John J Gochnour. View institutional ownership trends .

How do I buy shares of The Pennant Group?

Shares of PNTG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull , Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here .

The Pennant Group Stock Price, News & Analysis (NASDAQ:PNTG)

$13.54

+0.23 (+1.73%)

(As of 12/8/2023 ET)

Compare

Today's Range: $13.25
▼
$13.56
50-Day Range: $10.58
▼
$14.18
52-Week Range: $9.75
▼
$16.39

Volume: 80,843 shs
Average Volume: 174,049 shs
Market Capitalization: $405.25 million

P/E Ratio: 32.24
Dividend Yield: N/A
Price Target: $14.50

The Pennant Group MarketRank™ Stock Analysis

Analyst Rating: Hold
2.33 Rating Score
Upside/Downside: 7.1% Upside
$14.50 Price Target
Short Interest: Healthy
0.96% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: 13.33%
From $0.60 to $0.68 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.88 out of 5 stars

Medical Sector

622nd out of 933 stocks

Health Services Industry

6th out of 11 stocks

1.2

Analyst's Opinion

Consensus Rating
The Pennant Group has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 1 buy rating, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $14.50, The Pennant Group has a forecasted upside of 7.1% from its current price of $13.54.
Amount of Analyst Coverage
The Pennant Group has only been the subject of 2 research reports in the past 90 days.

4.0

Short Interest

Percentage of Shares Shorted
0.96% of the float of The Pennant Group has been sold short.
Short Interest Ratio / Days to Cover
The Pennant Group has a short interest ratio ("days to cover") of 2.1, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in The Pennant Group has recently decreased by 1.50%, indicating that investor sentiment is improving.

0.0

Dividend Strength

Dividend Yield
The Pennant Group does not currently pay a dividend.
Dividend Growth
The Pennant Group does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for PNTG.

1.9

News and Social Media Coverage

News Sentiment
The Pennant Group has a news sentiment score of 0.40. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.52 average news sentiment score of Medical companies.
News Coverage This Week
MarketBeat has tracked 1 news article for The Pennant Group this week, compared to 1 article on an average week.
Search Interest
1 people have searched for PNTG on MarketBeat in the last 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, The Pennant Group insiders have not sold or bought any company stock.
Percentage Held by Insiders
10.30% of the stock of The Pennant Group is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
83.75% of the stock of The Pennant Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5

Earnings and Valuation

Earnings Growth
Earnings for The Pennant Group are expected to grow by 13.33% in the coming year, from $0.60 to $0.68 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of The Pennant Group is 32.24, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 110.24.
Price to Earnings Ratio vs. Sector
The P/E ratio of The Pennant Group is 32.24, which means that it is trading at a less expensive P/E ratio than the Medical sector average P/E ratio of about 107.63.
Price to Earnings Growth Ratio
The Pennant Group has a PEG Ratio of 1.71. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
The Pennant Group has a P/B Ratio of 3.20. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About The Pennant Group Stock (NASDAQ:PNTG)

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. It also provides senior living services, such as residential accommodations, activities, meals, housekeeping, and assistance in the activities of daily living to seniors, who are independent or who require some support. The company operates home health, hospice, and senior living communities throughout Arizona, California, Colorado, Idaho, Iowa, Montana, Nevada, Oklahoma, Oregon, Texas, Utah, Washington, Wisconsin, and Wyoming. The Pennant Group, Inc. was incorporated in 2019 and is headquartered in Eagle, Idaho.

PNTG Stock Price History

30 days | 90 days | 365 days | Advanced Chart

PNTG Stock News Headlines

December 6, 2023 | finance.yahoo.com

The Pennant Group, Inc. (PNTG) Shows Fast-paced Momentum But Is Still a Bargain Stock

November 23, 2023 | finance.yahoo.com

A Look At The Intrinsic Value Of The Pennant Group, Inc. (NASDAQ:PNTG)

December 10, 2023 | DTI Trader (Ad)

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November 21, 2023 | finance.yahoo.com

Should Value Investors Buy The Pennant Group (PNTG) Stock?

November 20, 2023 | finance.yahoo.com

Fast-paced Momentum Stock The Pennant Group, Inc. (PNTG) Is Still Trading at a Bargain

November 10, 2023 | markets.businessinsider.com

Analysts Conflicted on These NA Names: Full House Resorts (FLL), Pennant Group (PNTG) and Angel Oak Mortgage (AOMR)

November 10, 2023 | markets.businessinsider.com

Robust Financial Performance and Future Potential Drive Buy Rating for Pennant Group

November 10, 2023 | morningstar.com

Pennant Group Inc PNTG

December 10, 2023 | DTI Trader (Ad)

New CBOE “special perk” helps traders target income every weekend

You might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange.

November 9, 2023 | finance.yahoo.com

Insider Stock Buying Reaches US$665.9k On Pennant Group

November 7, 2023 | finance.yahoo.com

Pennant Group Inc (PNTG) Reports Solid Growth in Third Quarter 2023 Earnings

November 7, 2023 | finance.yahoo.com

Pennant Reports Third Quarter 2023 Results

October 30, 2023 | finance.yahoo.com

Pennant Announces Third Quarter 2023 Earnings Release and Call

October 12, 2023 | finance.yahoo.com

At US$11.17, Is The Pennant Group, Inc. (NASDAQ:PNTG) Worth Looking At Closely?

September 4, 2023 | msn.com

Pennant buys a hospice service provider in Southern Arizona

September 1, 2023 | finance.yahoo.com

Pennant Acquires Southern Arizona Hospice Provider

August 9, 2023 | finanznachrichten.de

Pennant Group, Inc.: Pennant Reports Second Quarter 2023 Results

August 8, 2023 | finance.yahoo.com

Here's What Key Metrics Tell Us About The Pennant Group, Inc. (PNTG) Q2 Earnings

August 8, 2023 | finance.yahoo.com

Pennant Reports Second Quarter 2023 Results

August 4, 2023 | fool.com

Pennant Group (NASDAQ: PNTG)

July 28, 2023 | finance.yahoo.com

Pennant Announces Second Quarter 2023 Earnings Release and Call

July 19, 2023 | marketwatch.com

Pennant International 1H Revenue Rose

July 6, 2023 | finance.yahoo.com

With 83% ownership of the shares, The Pennant Group, Inc. (NASDAQ:PNTG) is heavily dominated by institutional owners

June 19, 2023 | msn.com

Pennant Group acquires Idaho-based Bluebird Home Health, Hospice and Home Care provider

June 16, 2023 | finance.yahoo.com

Pennant Acquires Idaho Home Health, Hospice and Home Care Provider

May 23, 2023 | msn.com

Stephens & Co. Reiterates Pennant Group (PNTG) Equal-Weight Recommendation

May 23, 2023 | markets.businessinsider.com

The Latest Analyst Ratings for Pennant Gr

See More Headlines

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Company Calendar

Last Earnings: 11/07/2023
Today: 12/10/2023
Fiscal Year End: 12/31/2023
Next Earnings (Estimated): 2/22/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Health services
Sub-Industry: N/A
Sector: Medical
Current Symbol: NASDAQ:PNTG
CUSIP: N/A
CIK: 1766400
Web: www.pennantgroup.com
Phone: 208-506-6100
Fax: N/A
Employees: 5,335
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $14.50
High Stock Price Target: $16.00
Low Stock Price Target: $14.00
Potential Upside/Downside: +7.1%
Consensus Rating: Hold
Rating Score (0-4): 2.33
Research Coverage: 3 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.42
Trailing P/E Ratio: 32.24
Forward P/E Ratio: 22.57
P/E Growth: 1.71
Net Income: $6.64 million
Net Margins: 2.39%
Pretax Margin: 3.51%
Return on Equity: 12.52%
Return on Assets: 3.22%

Debt

Debt-to-Equity Ratio: 0.39
Current Ratio: 1.05
Quick Ratio: 1.05

Sales & Book Value

Annual Sales: $473.24 million
Price / Sales: 0.86
Cash Flow: $0.69 per share
Price / Cash Flow: 19.64
Book Value: $4.23 per share
Price / Book: 3.20

Miscellaneous

Outstanding Shares: 29,930,000
Free Float: 26,845,000
Market Cap: $405.25 million
Optionable: Optionable
Beta: 2.04

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Key Executives

Mr. Brent J. Guerisoli (Age 42)
CEO & Director
Comp: $804.28k
Mr. John J. Gochnour (Age 40)
President & COO
Comp: $742.18k
Ms. Lynette B. Walbom CPA (Age 46)
Chief Financial Officer
Mr. Kirk S. Cheney
General Counsel & Corporate Secretary
Mr. Brian Wayment
President of Cornerstone Healthcare

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

PNTG Stock Analysis - Frequently Asked Questions

Should I buy or sell The Pennant Group stock right now?: 3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for The Pennant Group in the last year. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" PNTG shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in PNTG, but not buy additional shares or sell existing shares.
View PNTG analyst ratings or view top-rated stocks.
What is The Pennant Group's stock price target for 2024?: 3 Wall Street research analysts have issued twelve-month target prices for The Pennant Group's stock. Their PNTG share price targets range from $14.00 to $16.00. On average, they expect the company's share price to reach $14.50 in the next twelve months. This suggests a possible upside of 7.1% from the stock's current price.
View analysts price targets for PNTG or view top-rated stocks among Wall Street analysts.
How have PNTG shares performed in 2023?: The Pennant Group's stock was trading at $10.98 at the start of the year. Since then, PNTG stock has increased by 23.3% and is now trading at $13.54.
View the best growth stocks for 2023 here.
When is The Pennant Group's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, February 22nd 2024.
View our PNTG earnings forecast.

How were The Pennant Group's earnings last quarter?: The Pennant Group, Inc. (NASDAQ:PNTG) released its quarterly earnings results on Tuesday, November, 7th. The company reported $0.17 EPS for the quarter, beating analysts' consensus estimates of $0.16 by $0.01. The firm earned $140.19 million during the quarter, compared to analysts' expectations of $131.18 million. The Pennant Group had a net margin of 2.39% and a trailing twelve-month return on equity of 12.52%.
What other stocks do shareholders of The Pennant Group own?: Based on aggregate information from My MarketBeat watchlists, some companies that other The Pennant Group investors own include AbbVie (ABBV), Enterprise Products Partners (EPD), Energy Transfer (ET), Gilead Sciences (GILD), General Mills (GIS), Harley-Davidson (HOG), Helmerich & Payne (HP), International Business Machines (IBM), International Paper (IP) and Kohl's (KSS).
Who are The Pennant Group's major shareholders?: The Pennant Group's stock is owned by many different retail and institutional investors. Top institutional investors include Riverbridge Partners LLC (4.28%), Paradigm Capital Management Inc. NY (4.00%), Kent Lake Capital LLC (1.95%), First Eagle Investment Management LLC (1.33%), Northern Trust Corp (1.25%) and Rice Hall James & Associates LLC (0.85%). Insiders that own company stock include Barry M Smith, Christopher R Christensen, Daniel H Walker, Jennifer Freeman, Joanne Stringfield, John G Nackel and John J Gochnour.
View institutional ownership trends.
How do I buy shares of The Pennant Group?: Shares of PNTG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (NASDAQ:PNTG) was last updated on 12/10/2023 by MarketBeat.com Staff

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