The Pennant Group (NASDAQ:PNTG) Rating Lowered to “Hold” at Wall Street Zen

The Pennant Group (NASDAQ:PNTG) was downgraded by equities researchers at Wall Street Zen from a “buy” rating to a “hold” rating in a report issued on Saturday, Wall Street Zen reports.

A number of other equities research analysts have also weighed in on PNTG. Truist Financial lifted their target price on shares of The Pennant Group from $42.00 to $48.00 and gave the company a “buy” rating in a research note on Tuesday, July 14th. Oppenheimer boosted their price target on shares of The Pennant Group from $47.00 to $50.00 and gave the company an “outperform” rating in a research report on Thursday. Wells Fargo & Company increased their price target on shares of The Pennant Group from $45.00 to $46.00 and gave the stock an “overweight” rating in a research note on Tuesday, August 11th. Royal Bank Of Canada raised their price objective on shares of The Pennant Group from $44.00 to $48.00 and gave the stock an “outperform” rating in a report on Friday. Finally, Weiss Ratings raised The Pennant Group from a “buy (b-)” rating to a “buy (b)” rating in a research report on Wednesday, August 19th. Six research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, The Pennant Group presently has a consensus rating of “Moderate Buy” and an average price target of $48.00.

The Pennant Group Stock Performance

Shares of PNTG stock opened at $36.36 on Friday. The stock has a fifty day moving average of $40.16 and a 200 day moving average of $35.70. The Pennant Group has a 52 week low of $23.50 and a 52 week high of $44.24. The firm has a market capitalization of $1.28 billion, a price-to-earnings ratio of 36.73, a PEG ratio of 2.37 and a beta of 1.33. The company has a quick ratio of 1.18, a current ratio of 1.18 and a debt-to-equity ratio of 0.46.

The Pennant Group (NASDAQ:PNTG) last issued its quarterly earnings data on Wednesday, November 4th. The company reported $0.35 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.36 by ($0.01). The Pennant Group had a net margin of 3.05% and a return on equity of 10.23%. The company had revenue of $302.25 million for the quarter, compared to analysts’ expectations of $299.34 million. As a group, research analysts expect that The Pennant Group will post 1.18 earnings per share for the current year.

Hedge Funds Weigh In On The Pennant Group

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Aberdeen Group plc purchased a new stake in shares of The Pennant Group in the 3rd quarter worth approximately $135,757,000. BlackRock Inc. bought a new position in The Pennant Group during the 2nd quarter valued at approximately $109,340,000. Turtle Creek Asset Management Inc. increased its position in The Pennant Group by 12,075.6% during the 1st quarter. Turtle Creek Asset Management Inc. now owns 1,582,823 shares of the company’s stock valued at $48,244,000 after buying an additional 1,569,823 shares in the last quarter. Paradigm Capital Management Inc. NY bought a new position in The Pennant Group during the 2nd quarter valued at approximately $51,833,000. Finally, Boone Capital Management LLC purchased a new position in The Pennant Group during the second quarter valued at $19,059,000. Hedge funds and other institutional investors own 85.88% of the company’s stock.

The Pennant Group News Summary

Here are the key news stories impacting The Pennant Group this week:

• Positive Sentiment: RBC raised its price target to $48 from $44 and maintained an Outperform rating. RBC Raises Price Target on Pennant Group
• Positive Sentiment: Oppenheimer also lifted its target, to $50 from $47, and reiterated an Outperform rating—suggesting continued analyst confidence in the company’s prospects.
• Positive Sentiment: Q3 coverage said Pennant beat earnings and sales expectations, a supportive signal for demand and financial performance. Pennant Group Earnings Beat Pennant Group Beats Q3 Sales Expectations
• Neutral Sentiment: For FY 2026, Pennant guided to EPS of $1.34–$1.41, straddling the $1.36 consensus, and revenue of $1.2 billion, in line with expectations. The range offers limited upside versus consensus, while its lower end is below it.
• Negative Sentiment: A Q3 analysis highlighted margin pressure and integration challenges as risks to the outlook. These concerns may temper the impact of the earnings beat and analyst target increases. Q3 Deep Dive: Margin Pressure and Integration Challenges

About The Pennant Group

The Pennant Group, Inc is a healthcare services company that operates home health, hospice and senior living businesses in the United States. Through its affiliated agencies and communities, the company provides skilled nursing, physical, occupational and speech therapy, personal care, hospice and palliative services, assisted living, and other support for older adults and individuals recovering from illness or injury.

Pennant’s home health and hospice operations serve patients in their homes and other residential settings, while its senior living segment operates communities that provide assisted living and related services.