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. The company provided earnings per share guidance of 1.340-1.410 for the period, compared to the consensus earnings per share 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.

Analyst Ratings Changes

Several brokerages have recently issued reports on PNTG. Royal Bank Of Canada raised their target price on shares of The Pennant Group from $41.00 to $42.00 and gave the company an “outperform” rating in a research note on Friday, May 8th. Truist Financial lifted 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. Wall Street Zen upgraded The Pennant Group from a “hold” rating to a “buy” rating in a report on Saturday, June 20th. Wells Fargo & Company increased their target price on The Pennant Group from $41.00 to $45.00 and gave the company an “overweight” rating in a research note on Monday, July 13th. Finally, Weiss Ratings lowered shares of The Pennant Group from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Tuesday, July 21st. Six equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $41.00.

The Pennant Group Trading Up 0.6%

Shares of The Pennant Group stock traded up $0.25 during trading hours on Thursday, hitting $39.06. The company’s stock had a trading volume of 364,741 shares, compared to its average volume of 286,459. The Pennant Group has a 12 month low of $22.25 and a 12 month high of $42.69. The stock has a 50 day moving average of $36.93 and a 200 day moving average of $33.56. The company has a market capitalization of $1.36 billion, a PE ratio of 45.95, a price-to-earnings-growth ratio of 2.59 and a beta of 1.26. 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 (NASDAQ:PNTG) last issued its quarterly earnings results on Wednesday, August 5th. The company reported $0.36 EPS for the quarter, beating analysts’ consensus estimates of $0.33 by $0.03. The Pennant Group had a return on equity of 10.07% and a net margin of 2.96%.The company had revenue of $297.98 million for the quarter, compared to analyst estimates of $288.71 million. The Pennant Group has set its FY 2026 guidance at 1.340-1.410 EPS. Analysts predict that The Pennant Group will post 1.14 earnings per share for the current year.

Institutional Trading of The Pennant Group

Several hedge funds and other institutional investors have recently bought and sold shares of PNTG. Quarry LP acquired a new position in The Pennant Group in the 3rd quarter valued at $37,000. CIBC Private Wealth Group LLC boosted its stake in shares of The Pennant Group by 651.8% in the 3rd quarter. CIBC Private Wealth Group LLC now owns 3,398 shares of the company’s stock valued at $86,000 after purchasing an additional 2,946 shares in the last quarter. Quadrant Capital Group LLC grew its stake in shares of The Pennant Group by 608.7% during the fourth quarter. Quadrant Capital Group LLC now owns 3,182 shares of the company’s stock worth $90,000 after buying an additional 2,733 shares during the last quarter. Tower Research Capital LLC TRC increased its holdings in The Pennant Group by 161.6% in the 2nd quarter. Tower Research Capital LLC TRC now owns 3,987 shares of the company’s stock worth $119,000 after purchasing an additional 2,463 shares in the last quarter. Finally, Sherbrooke Park Advisers LLC bought a new position in The Pennant Group in the 3rd quarter valued at approximately $209,000. Institutional investors and hedge funds 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.