The Pennant Group (NASDAQ:PNTG) Issues FY 2026 Earnings Guidance

The Pennant Group (NASDAQ:PNTG) issued an update on its FY 2026 earnings guidance on Wednesday. The company provided EPS guidance of 1.340-1.410 for the period, compared to the consensus 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.

The Pennant Group Stock Up 0.5%

Shares of PNTG traded up $0.20 during mid-day trading on Wednesday, hitting $38.81. The company’s stock had a trading volume of 684,082 shares, compared to its average volume of 286,447. The company’s 50-day moving average is $36.84 and its 200-day moving average is $33.49. The Pennant Group has a 52-week low of $21.83 and a 52-week high of $42.69. The firm has a market capitalization of $1.35 billion, a price-to-earnings ratio of 45.66, a PEG ratio of 2.70 and a beta of 1.26. The company has a current ratio of 1.19, a quick ratio of 1.19 and a debt-to-equity ratio of 0.42.

The Pennant Group (NASDAQ:PNTG) last issued its quarterly earnings data on Wednesday, August 5th. The company reported $0.36 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.33 by $0.03. The company had revenue of $297.98 million for the quarter, compared to analyst estimates 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 has set its FY 2026 guidance at 1.340-1.410 EPS. On average, equities research analysts forecast that The Pennant Group will post 1.14 EPS for the current fiscal year.

Analyst Ratings Changes

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

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of PNTG. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in The Pennant Group by 4.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 19,394 shares of the company’s stock valued at $488,000 after purchasing an additional 857 shares during the last quarter. The Manufacturers Life Insurance Company raised its stake in shares of The Pennant Group by 11.3% in the second quarter. The Manufacturers Life Insurance Company now owns 12,400 shares of the company’s stock valued at $370,000 after acquiring an additional 1,263 shares in the last quarter. Price T Rowe Associates Inc. MD increased its holdings in shares of The Pennant Group by 3.2% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 41,749 shares of the company’s stock valued at $1,176,000 after acquiring an additional 1,282 shares during the last quarter. Swiss National Bank grew its stake in The Pennant Group by 2.1% during the 4th quarter. Swiss National Bank now owns 68,200 shares of the company’s stock worth $1,920,000 after buying an additional 1,400 shares during the last quarter. Finally, Quarry LP purchased a new position in shares of The Pennant Group during the third quarter worth about $37,000. Institutional investors and hedge funds own 85.88% of the company’s stock.

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.