The Pennant Group (NASDAQ:PNTG – Get Rating) issued an update on its FY 2022 earnings guidance on Monday morning. The company provided EPS guidance of $0.55-$0.60 for the period, compared to the consensus EPS estimate of $0.64. The company issued revenue guidance of $458.00 million-$462.00 million, compared to the consensus revenue estimate of $460.40 million.
The Pennant Group Stock Performance
NASDAQ:PNTG opened at $9.87 on Thursday. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.92 and a quick ratio of 0.92. The Pennant Group has a 1 year low of $8.68 and a 1 year high of $24.23. The stock’s 50 day simple moving average is $11.67 and its two-hundred day simple moving average is $13.98. The company has a market cap of $292.94 million, a price-to-earnings ratio of 493.75, a PEG ratio of 1.92 and a beta of 2.35.
Wall Street Analyst Weigh In
PNTG has been the topic of several analyst reports. Stephens dropped their target price on The Pennant Group from $16.00 to $14.00 and set an equal weight rating on the stock in a report on Wednesday, November 9th. Truist Financial increased their price target on The Pennant Group from $12.00 to $18.00 and gave the stock a hold rating in a research report on Wednesday, August 10th. Royal Bank of Canada lowered their price target on The Pennant Group from $23.00 to $18.00 and set an outperform rating on the stock in a research report on Wednesday, November 9th. Finally, Oppenheimer began coverage on The Pennant Group in a research report on Thursday, August 25th. They issued an outperform rating and a $22.00 target price on the stock. Three equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of Hold and an average price target of $17.60.
Institutional Trading of The Pennant Group
The Pennant Group Company Profile
The Pennant Group, Inc provides healthcare services in the United States. It operates in two segments, Home Health and Hospice Services, and Senior Living Services. The company offers home health services, including clinical services, such as nursing, speech, occupational and physical therapy, medical social work, and home health aide services; and hospice services comprising clinical care, education, and counseling services for the physical, spiritual, and psychosocial needs of terminally ill patients and their families.
- Get a free copy of the StockNews.com research report on The Pennant Group (PNTG)
- Is the 60/40 Portfolio Mix Still in Vogue?
- Three CBD Stocks to Dominate a Budding Industry
- Microsoft Shares: Is it Time to Back Up the Truck?
- Institutional Support for Analog Devices Remains High
- Salesforce Cuts Labor, Shows Strong Earnings Despite Challenges
Receive News & Ratings for The Pennant Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for The Pennant Group and related companies with MarketBeat.com's FREE daily email newsletter.