The Pennant Group (NASDAQ:PNTG) Updates FY 2026 Earnings Guidance

The Pennant Group (NASDAQ:PNTG) issued an update on its FY 2026 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 1.340-1.410 for the period, compared to the consensus estimate of 1.310. The company issued revenue guidance of $1.2 billion-$1.2 billion, compared to the consensus revenue estimate of $1.2 billion.

The Pennant Group Stock Down 0.2%

NASDAQ:PNTG traded down $0.09 during trading hours on Friday, hitting $38.97. 108,170 shares of the company traded hands, compared to its average volume of 285,657. The firm’s 50-day simple moving average is $37.03 and its 200-day simple moving average is $33.63. The company has a quick ratio of 1.19, a current ratio of 1.19 and a debt-to-equity ratio of 0.42. The Pennant Group has a one year low of $22.25 and a one year high of $42.69. The company has a market cap of $1.35 billion, a PE ratio of 43.24, a PEG ratio of 2.61 and a beta of 1.26.

The Pennant Group (NASDAQ:PNTG) last issued its quarterly earnings data on Wednesday, August 5th. The company reported $0.36 earnings per share for the quarter, beating analysts’ consensus estimates of $0.33 by $0.03. The company had revenue of $297.98 million for the quarter, compared to the consensus estimate of $288.71 million. The Pennant Group had a net margin of 2.93% and a return on equity of 10.58%. The Pennant Group has set its FY 2026 guidance at 1.340-1.410 EPS. Equities analysts predict that The Pennant Group will post 1.14 earnings per share for the current year.

Analysts Set New Price Targets

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

Institutional Trading of The Pennant Group

Several institutional investors and hedge funds have recently modified their holdings of PNTG. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in The Pennant Group by 4.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 19,394 shares of the company’s stock valued at $488,000 after acquiring an additional 857 shares during the period. The Manufacturers Life Insurance Company raised its stake 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 worth $370,000 after purchasing an additional 1,263 shares during the last quarter. Price T Rowe Associates Inc. MD increased its stake in shares of The Pennant Group by 3.2% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 41,749 shares of the company’s stock valued at $1,176,000 after purchasing an additional 1,282 shares in the last quarter. Swiss National Bank grew its stake in The Pennant Group by 2.1% during the 4th quarter. Swiss National Bank now owns 68,200 shares of the company’s stock valued at $1,920,000 after acquiring an additional 1,400 shares in the last quarter. Finally, Quarry LP acquired a new stake in shares of The Pennant Group during the 3rd quarter worth about $37,000. Hedge funds and other institutional investors own 85.88% of the company’s stock.

About The Pennant Group

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.