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

The Pennant Group (NASDAQ:PNTG) updated its FY 2026 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 1.260-1.360 for the period, compared to the consensus estimate of 1.230. The company issued revenue guidance of $1.1 billion-$1.2 billion, compared to the consensus revenue estimate of $1.1 billion.

Analysts Set New Price Targets

A number of analysts have recently issued reports on PNTG shares. William Blair initiated coverage on The Pennant Group in a report on Monday, December 8th. They set an “outperform” rating for the company. Wells Fargo & Company boosted their price objective on shares of The Pennant Group from $31.00 to $38.00 and gave the stock an “overweight” rating in a research note on Wednesday, January 7th. Weiss Ratings reissued a “hold (c)” rating on shares of The Pennant Group in a research report on Monday, December 29th. Truist Financial upgraded The Pennant Group from a “hold” rating to a “buy” rating and boosted their price objective for the stock from $28.00 to $34.00 in a research note on Tuesday, December 2nd. Finally, Wall Street Zen upgraded The Pennant Group from a “hold” rating to a “buy” rating in a research note on Saturday. Six research 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.com, the company has a consensus rating of “Moderate Buy” and an average price target of $36.20.

The Pennant Group Stock Up 3.5%

The Pennant Group stock traded up $1.11 during midday trading on Wednesday, hitting $33.09. 299,082 shares of the stock were exchanged, compared to its average volume of 292,359. The Pennant Group has a 1 year low of $21.18 and a 1 year high of $33.31. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.04 and a quick ratio of 1.04. The firm has a market cap of $1.14 billion, a P/E ratio of 44.12, a P/E/G ratio of 2.26 and a beta of 1.27. The company has a 50 day moving average price of $29.70 and a two-hundred day moving average price of $27.07.

The Pennant Group (NASDAQ:PNTG) last announced its earnings results on Wednesday, February 25th. The company reported $0.34 earnings per share for the quarter, beating the consensus estimate of $0.31 by $0.03. 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 during the quarter, compared to the consensus estimate of $275.20 million. The Pennant Group has set its FY 2026 guidance at 1.260-1.360 EPS. On average, sell-side analysts predict that The Pennant Group will post 0.75 earnings per share for the current fiscal year.

Institutional Investors Weigh In On The Pennant Group

A number of institutional investors have recently modified their holdings of PNTG. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of The Pennant Group by 4.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 19,394 shares of the company’s stock worth $488,000 after purchasing an additional 857 shares in the last quarter. The Manufacturers Life Insurance Company grew its position in The Pennant Group by 11.3% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 12,400 shares of the company’s stock valued at $370,000 after buying an additional 1,263 shares in the last quarter. Price T Rowe Associates Inc. MD increased its stake in The Pennant Group by 3.2% during 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 buying an additional 1,282 shares during the period. Swiss National Bank raised its position in shares of 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 in the last quarter. Finally, Quarry LP bought a new stake in shares of The Pennant Group during the 3rd quarter worth about $37,000. Institutional investors and hedge funds own 85.88% of the company’s stock.

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.