The Pennant Group (NASDAQ:PNTG) Issues Quarterly Earnings Results

The Pennant Group (NASDAQ:PNTG) released its earnings results on Wednesday. The company reported $0.36 EPS for the quarter, topping analysts’ consensus estimates of $0.33 by $0.03, FiscalAI reports. The Pennant Group had a net margin of 2.93% and a return on equity of 10.58%. The business had revenue of $297.98 million during the quarter, compared to analysts’ expectations of $288.71 million. The Pennant Group updated its FY 2026 guidance to 1.340-1.410 EPS.

The Pennant Group Trading Down 0.2%

PNTG traded down $0.06 on Friday, hitting $39.00. The company had a trading volume of 180,538 shares, compared to its average volume of 286,270. The firm has a market cap of $1.36 billion, a P/E ratio of 43.33, a PEG ratio of 2.61 and a beta of 1.26. The Pennant Group has a 1 year low of $22.25 and a 1 year high of $42.69. The company’s fifty day moving average price is $37.03 and its 200 day moving average price is $33.63. The company has a current ratio of 1.19, a quick ratio of 1.19 and a debt-to-equity ratio of 0.42.

Institutional Investors Weigh In On The Pennant Group

Institutional investors have recently made changes to their positions in the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in The Pennant Group by 4.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 19,394 shares of the company’s stock valued at $488,000 after buying an additional 857 shares in the last quarter. The Manufacturers Life Insurance Company lifted its position in shares of The Pennant Group by 11.3% in the second quarter. The Manufacturers Life Insurance Company now owns 12,400 shares of the company’s stock valued at $370,000 after acquiring an additional 1,263 shares in the last quarter. Price T Rowe Associates Inc. MD lifted its position in shares of The Pennant Group by 3.2% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 41,749 shares of the company’s stock valued at $1,176,000 after acquiring an additional 1,282 shares in the last quarter. Swiss National Bank increased its position in The Pennant Group by 2.1% during the 4th quarter. Swiss National Bank now owns 68,200 shares of the company’s stock worth $1,920,000 after purchasing an additional 1,400 shares in the last quarter. Finally, Quarry LP acquired a new position in The Pennant Group in the 3rd quarter valued at about $37,000. 85.88% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

PNTG has been the subject of several research reports. Wells Fargo & Company boosted their price target on The Pennant Group from $41.00 to $45.00 and gave the stock an “overweight” rating in a research report on Monday, July 13th. Weiss Ratings upgraded shares of The Pennant Group from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday. Wall Street Zen upgraded The Pennant Group from a “hold” rating to a “buy” rating in a research report on Saturday, June 20th. Royal Bank Of Canada lifted their price objective on The Pennant Group from $41.00 to $42.00 and gave the stock an “outperform” rating in a research report on Friday, May 8th. Finally, Truist Financial boosted their price objective on The Pennant Group from $42.00 to $48.00 and gave the stock a “buy” rating in a research note on Tuesday, July 14th. Seven equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, The Pennant Group presently has an average rating of “Moderate Buy” and a consensus target price of $41.00.

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.