The Pennant Group (NASDAQ:PNTG) Stock Moved Down to Hold by Wall Street Zen

Wall Street Zen lowered shares of The Pennant Group (NASDAQ:PNTG) from a buy rating to a hold rating in a research report report published on Saturday morning,Wall Street Zen reports.

Several other equities research analysts have also commented on PNTG. Wells Fargo & Company boosted their target price on shares of The Pennant Group from $45.00 to $46.00 and gave the stock an “overweight” rating in a research report on Tuesday, August 11th. Oppenheimer increased their price target on shares of The Pennant Group from $47.00 to $50.00 and gave the company an “outperform” rating in a report on Thursday. Weiss Ratings upgraded shares of The Pennant Group from a “buy (b-)” rating to a “buy (b)” rating in a report on Wednesday, August 19th. Truist Financial raised their price objective on shares of The Pennant Group from $42.00 to $48.00 and gave the company a “buy” rating in a research note on Tuesday, July 14th. Finally, Royal Bank Of Canada boosted their price objective on shares of The Pennant Group from $44.00 to $48.00 and gave the stock an “outperform” rating in a report on Friday. Six analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $48.00.

The Pennant Group Stock Down 9.1%

PNTG opened at $36.36 on Friday. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.18 and a quick ratio of 1.20. The business has a 50 day simple moving average of $40.16 and a 200-day simple moving average of $35.70. The stock has a market capitalization of $1.27 billion, a P/E ratio of 36.73, a P/E/G ratio of 2.37 and a beta of 1.33. The Pennant Group has a 12 month low of $23.50 and a 12 month high of $44.24.

The Pennant Group (NASDAQ:PNTG) last posted its quarterly earnings results on Wednesday, November 4th. The company reported $0.35 earnings per share for the quarter, missing analysts’ consensus estimates of $0.36 by ($0.01). The Pennant Group had a net margin of 3.05% and a return on equity of 10.23%. The business had revenue of $302.25 million during the quarter, compared to analysts’ expectations of $299.34 million. On average, equities analysts anticipate that The Pennant Group will post 1.18 earnings per share for the current fiscal year.

Institutional Trading of The Pennant Group

A number of institutional investors have recently bought and sold shares of the company. Aberdeen Group plc acquired a new stake in shares of The Pennant Group in the third quarter valued at approximately $135,757,000. Bridge City Capital LLC increased its stake in shares of The Pennant Group by 18.6% during the 3rd quarter. Bridge City Capital LLC now owns 70,054 shares of the company’s stock worth $2,732,000 after purchasing an additional 10,971 shares in the last quarter. Oppenheimer & Co. Inc. acquired a new position in shares of The Pennant Group during the 3rd quarter worth approximately $1,279,000. Sigma Planning Corp acquired a new position in shares of The Pennant Group during the 3rd quarter worth approximately $1,573,000. Finally, Sterling Capital Management LLC raised its position in shares of The Pennant Group by 846.7% during the 3rd quarter. Sterling Capital Management LLC now owns 1,136 shares of the company’s stock worth $44,000 after purchasing an additional 1,016 shares during the last quarter. 85.88% of the stock is currently owned by hedge funds and other institutional investors.

More The Pennant Group News

Here are the key news stories impacting The Pennant Group this week:

• Positive Sentiment: RBC raised its price target to $48 from $44 and maintained an Outperform rating. RBC Raises Price Target on Pennant Group
• Positive Sentiment: Oppenheimer also lifted its target, to $50 from $47, and reiterated an Outperform rating—suggesting continued analyst confidence in the company’s prospects.
• Positive Sentiment: Q3 coverage said Pennant beat earnings and sales expectations, a supportive signal for demand and financial performance. Pennant Group Earnings Beat Pennant Group Beats Q3 Sales Expectations
• Neutral Sentiment: For FY 2026, Pennant guided to EPS of $1.34–$1.41, straddling the $1.36 consensus, and revenue of $1.2 billion, in line with expectations. The range offers limited upside versus consensus, while its lower end is below it.
• Negative Sentiment: A Q3 analysis highlighted margin pressure and integration challenges as risks to the outlook. These concerns may temper the impact of the earnings beat and analyst target increases. Q3 Deep Dive: Margin Pressure and Integration Challenges

The Pennant Group Company Profile

The Pennant Group, Inc is a healthcare services company that operates home health, hospice and senior living businesses in the United States. Through its affiliated agencies and communities, the company provides skilled nursing, physical, occupational and speech therapy, personal care, hospice and palliative services, assisted living, and other support for older adults and individuals recovering from illness or injury.

Pennant’s home health and hospice operations serve patients in their homes and other residential settings, while its senior living segment operates communities that provide assisted living and related services.