The Pennant Group, Inc. (NASDAQ:PNTG) Given Average Rating of “Moderate Buy” by Brokerages

Shares of The Pennant Group, Inc. (NASDAQ:PNTG) have been assigned a consensus recommendation of “Moderate Buy” from the eight ratings firms that are currently covering the company, Marketbeat reports. One equities research analyst has rated the stock with a hold recommendation and seven have given a buy recommendation to the company. The average 1-year price target among brokers that have issued a report on the stock in the last year is $36.60.

A number of equities analysts have issued reports on PNTG shares. William Blair started coverage on shares of The Pennant Group in a research note on Monday, December 8th. They issued an “outperform” rating on the stock. Zacks Research lowered shares of The Pennant Group from a “strong-buy” rating to a “hold” rating in a report on Monday, January 12th. Truist Financial raised shares of The Pennant Group from a “hold” rating to a “buy” rating and lifted their price target for the stock from $28.00 to $34.00 in a research report on Tuesday, December 2nd. Wall Street Zen upgraded shares of The Pennant Group from a “hold” rating to a “buy” rating in a research report on Saturday, February 21st. Finally, Royal Bank Of Canada raised their price objective on The Pennant Group from $39.00 to $41.00 and gave the stock an “outperform” rating in a research note on Monday, March 2nd.

Institutional Investors Weigh In On The Pennant Group

Several large investors have recently modified their holdings of PNTG. Caitong International Asset Management Co. Ltd lifted its holdings in shares of The Pennant Group by 154.2% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 1,182 shares of the company’s stock valued at $33,000 after purchasing an additional 717 shares in the last quarter. XTX Topco Ltd bought a new stake in The Pennant Group during the 4th quarter worth approximately $243,000. Wellington Management Group LLP raised its holdings in The Pennant Group by 71.1% during 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 during the period. Ophir Asset Management Pty Ltd raised its holdings in The Pennant Group by 24.1% during the 4th quarter. Ophir Asset Management Pty Ltd now owns 1,326,850 shares of the company’s stock worth $37,351,000 after buying an additional 257,840 shares during the period. Finally, Millennium Management LLC lifted its stake in The Pennant Group by 69.6% in the fourth quarter. Millennium Management LLC now owns 203,414 shares of the company’s stock valued at $5,726,000 after buying an additional 83,457 shares in the last quarter. 85.88% of the stock is currently owned by institutional investors.

The Pennant Group Stock Performance

The Pennant Group stock opened at $31.05 on Friday. The company has a market cap of $1.08 billion, a PE ratio of 37.41, a PEG ratio of 2.15 and a beta of 1.23. 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 Pennant Group has a 1 year low of $21.73 and a 1 year high of $35.00. The company’s 50-day moving average is $31.24 and its two-hundred day moving average is $28.09.

The Pennant Group (NASDAQ:PNTG) last issued its quarterly earnings results on Wednesday, February 25th. The company reported $0.34 EPS for the quarter, topping the consensus estimate of $0.31 by $0.03. The company had revenue of $289.32 million during the quarter, compared to analysts’ expectations 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. Equities analysts anticipate that The Pennant Group will post 0.75 earnings per share for the current year.

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.