The Pennant Group (NASDAQ:PNTG) Posts Earnings Results, Beats Expectations By $0.03 EPS

The Pennant Group (NASDAQ:PNTG) released its quarterly earnings results on Wednesday. The company reported $0.34 earnings per share for the quarter, topping the consensus estimate of $0.31 by $0.03, FiscalAI reports. The Pennant Group had a return on equity of 9.37% and a net margin of 3.15%.The company had revenue of $289.32 million for the quarter, compared to analysts’ expectations of $275.20 million. The Pennant Group updated its FY 2026 guidance to 1.260-1.360 EPS.

The Pennant Group Stock Up 3.5%

NASDAQ PNTG traded up $1.11 on Wednesday, hitting $33.09. 299,082 shares of the company were exchanged, compared to its average volume of 292,359. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 0.08. The company has a market cap of $1.14 billion, a PE ratio of 44.12, a PEG ratio of 2.26 and a beta of 1.27. The stock has a fifty day moving average of $29.70 and a 200-day moving average of $27.07. The Pennant Group has a 12 month low of $21.18 and a 12 month high of $33.31.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on PNTG shares. William Blair assumed coverage on shares of The Pennant Group in a research report on Monday, December 8th. They set an “outperform” rating on the stock. Wells Fargo & Company lifted their price target on shares of The Pennant Group from $31.00 to $38.00 and gave the stock an “overweight” rating in a report on Wednesday, January 7th. Weiss Ratings reissued a “hold (c)” rating on shares of The Pennant Group in a research note on Monday, December 29th. Zacks Research lowered The Pennant Group from a “strong-buy” rating to a “hold” rating in a research report on Monday, January 12th. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating on shares of The Pennant Group in a report on Friday, December 19th. Six analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $36.20.

Hedge Funds Weigh In On The Pennant Group

Several large investors have recently bought and sold shares of PNTG. Quarry LP bought a new stake in The Pennant Group in the 3rd quarter valued at about $37,000. CIBC Private Wealth Group LLC lifted its holdings in shares of The Pennant Group by 651.8% in the third quarter. CIBC Private Wealth Group LLC now owns 3,398 shares of the company’s stock worth $86,000 after buying an additional 2,946 shares in the last quarter. Quadrant Capital Group LLC boosted its position in shares of The Pennant Group by 608.7% during the 4th quarter. Quadrant Capital Group LLC now owns 3,182 shares of the company’s stock valued at $90,000 after acquiring an additional 2,733 shares during the last quarter. Tower Research Capital LLC TRC grew its holdings in shares of The Pennant Group by 161.6% during the second 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 third quarter valued at $209,000. 85.88% of the stock is currently owned by institutional investors.

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.