The Pennant Group (NASDAQ:PNTG) Announces Quarterly Earnings Results

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

The Pennant Group Trading Up 0.6%

Shares of The Pennant Group stock traded up $0.24 on Thursday, hitting $39.05. 227,291 shares of the company’s stock traded hands, compared to its average volume of 285,910. The company has a fifty day moving average of $36.93 and a two-hundred day moving average of $33.56. The Pennant Group has a one year low of $22.25 and a one year high of $42.69. The company has a market capitalization of $1.36 billion, a price-to-earnings ratio of 45.78, 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.

Hedge Funds Weigh In On The Pennant Group

Several institutional investors have recently added to or reduced their stakes in the business. Royal Bank of Canada grew its position in shares of The Pennant Group by 174.5% during the 1st quarter. Royal Bank of Canada now owns 27,290 shares of the company’s stock worth $687,000 after buying an additional 17,347 shares during the period. AQR Capital Management LLC increased its stake in shares of The Pennant Group by 32.6% in the 1st quarter. AQR Capital Management LLC now owns 10,255 shares of the company’s stock valued at $258,000 after acquiring an additional 2,524 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in shares of The Pennant Group by 4.6% during the 1st 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. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in shares of The Pennant Group by 4.5% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 81,392 shares of the company’s stock valued at $2,047,000 after acquiring an additional 3,507 shares during the period. Finally, Jane Street Group LLC bought a new position in The Pennant Group during the first quarter worth $297,000. 85.88% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on PNTG shares. 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. Weiss Ratings downgraded shares of The Pennant Group from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Tuesday, July 21st. 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. Royal Bank Of Canada raised their price target on shares of The Pennant Group from $41.00 to $42.00 and gave the stock an “outperform” rating in a report on Friday, May 8th. Finally, Wells Fargo & Company boosted their price target on shares of The Pennant Group from $41.00 to $45.00 and gave the stock an “overweight” rating in a research report on Monday, July 13th. Six investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price 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.