The Pennant Group (PNTG) to Release Quarterly Earnings on Thursday

The Pennant Group (NASDAQ:PNTG) is anticipated to post its quarterly earnings results after the market closes on Thursday, February 27th. Analysts expect The Pennant Group to post earnings of $0.24 per share and revenue of $185.83 million for the quarter. Individual interested in listening to the company’s earnings conference call can do so using this link.

The Pennant Group Price Performance

Shares of PNTG stock opened at $25.77 on Wednesday. The Pennant Group has a 52-week low of $16.28 and a 52-week high of $37.13. The stock has a market cap of $885.15 million, a PE ratio of 37.90, a PEG ratio of 2.24 and a beta of 1.92. The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.12 and a current ratio of 1.12. The firm’s 50 day moving average price is $26.77 and its two-hundred day moving average price is $30.66.

Analyst Ratings Changes

A number of equities analysts have issued reports on the stock. Wells Fargo & Company assumed coverage on shares of The Pennant Group in a research note on Thursday, December 19th. They issued an “equal weight” rating and a $33.00 price objective on the stock. Oppenheimer raised their price objective on shares of The Pennant Group from $34.00 to $37.00 and gave the company an “outperform” rating in a research note on Friday, November 8th. Finally, Truist Financial reduced their price objective on shares of The Pennant Group from $38.00 to $32.00 and set a “hold” rating on the stock in a research note on Monday, January 6th. Two equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat, The Pennant Group presently has an average rating of “Moderate Buy” and a consensus price target of $36.00.

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.