The Pennant Group (NASDAQ:PNTG) Releases Quarterly Earnings Results, Beats Estimates By $0.03 EPS

The Pennant Group (NASDAQ:PNTG) released its quarterly earnings results on Wednesday. The company reported $0.36 earnings per share for the quarter, topping the consensus estimate of $0.33 by $0.03, FiscalAI reports. The firm had revenue of $297.98 million during the quarter, compared to the consensus estimate of $288.71 million. The Pennant Group had a net margin of 2.96% and a return on equity of 10.07%. The Pennant Group updated its FY 2026 guidance to 1.340-1.410 EPS.

The Pennant Group Stock Up 0.5%

Shares of PNTG stock traded up $0.20 during trading hours on Wednesday, reaching $38.81. 684,556 shares of the stock were exchanged, compared to its average volume of 259,656. The business’s fifty day moving average is $36.93 and its two-hundred day moving average is $33.56. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.19 and a quick ratio of 1.19. The Pennant Group has a 12-month low of $21.83 and a 12-month high of $42.69. The firm has a market capitalization of $1.35 billion, a P/E ratio of 45.66, a P/E/G ratio of 2.59 and a beta of 1.26.

Institutional Trading of The Pennant Group

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Creative Planning grew its position in shares of The Pennant Group by 10.7% in the 3rd quarter. Creative Planning now owns 31,139 shares of the company’s stock valued at $785,000 after buying an additional 3,014 shares during the last quarter. Voleon Capital Management LP acquired a new position in The Pennant Group in the third quarter valued at $734,000. Aquatic Capital Management LLC boosted its stake in The Pennant Group by 141.7% in the third quarter. Aquatic Capital Management LLC now owns 21,304 shares of the company’s stock valued at $537,000 after acquiring an additional 12,491 shares in the last quarter. Verition Fund Management LLC purchased a new position in shares of The Pennant Group during the third quarter worth about $498,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in shares of The Pennant Group by 4.6% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 19,394 shares of the company’s stock worth $488,000 after purchasing an additional 857 shares during the last quarter. 85.88% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities analysts have weighed in on PNTG shares. Royal Bank Of Canada boosted their price objective on The Pennant Group from $41.00 to $42.00 and gave the stock an “outperform” rating in a research note on Friday, May 8th. Wall Street Zen raised shares of The Pennant Group from a “hold” rating to a “buy” rating in a research report on Saturday, June 20th. Truist Financial raised their price objective on shares of The Pennant Group from $42.00 to $48.00 and gave the stock a “buy” rating in a research report on Tuesday, July 14th. Weiss Ratings downgraded shares of The Pennant Group from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Tuesday, July 21st. Finally, Wells Fargo & Company upped their price objective on The Pennant Group from $41.00 to $45.00 and gave the company an “overweight” rating in a report on Monday, July 13th. Six investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, The Pennant Group has a consensus rating of “Moderate Buy” and a consensus price target 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.