The Pennant Group (PNTG) Expected to Announce Earnings on Thursday

The Pennant Group (NASDAQ:PNTG) is expected to be posting its quarterly earnings results after the market closes on Thursday, February 27th. Analysts expect The Pennant Group to post earnings of $0.24 per share and revenue of $185.83 million for the quarter. Individual interested in listening to the company’s earnings conference call can do so using this link.

The Pennant Group Stock Up 0.4 %

PNTG stock opened at $25.15 on Tuesday. The stock has a market capitalization of $863.85 million, a P/E ratio of 36.99, a P/E/G ratio of 2.24 and a beta of 1.92. The firm has a 50-day simple moving average of $26.84 and a 200-day simple moving average of $30.69. The company has a quick ratio of 1.12, a current ratio of 1.12 and a debt-to-equity ratio of 0.58. The Pennant Group has a 52 week low of $16.28 and a 52 week high of $37.13.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on the stock. Truist Financial cut their target price on shares of The Pennant Group from $38.00 to $32.00 and set a “hold” rating for the company in a research note on Monday, January 6th. Wells Fargo & Company assumed coverage on shares of The Pennant Group in a research note on Thursday, December 19th. They set an “equal weight” rating and a $33.00 target price for the company. Finally, Oppenheimer boosted their target price on shares of The Pennant Group from $34.00 to $37.00 and gave the stock an “outperform” rating in a research note on Friday, November 8th. Two analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $36.00.

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.