Pennant Group Stock Today
| PNTG Stock | USD 30.50 0.28 0.91% |
Performance0 of 100
| Odds Of DistressLess than 5
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Pennant is trading at 30.50 as of the 21st of November 2024. This is a 0.91 percent decrease since the beginning of the trading day. The stock's lowest day price was 30.3. Pennant has under 5 % chance of experiencing financial distress over the next 2 years, but has generated negative returns over the last 90 days. Equity ratings for Pennant Group are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 2nd of December 2022 and ending today, the 21st of November 2024. Click here to learn more.
Business Domain Health Care Equipment & Services | IPO Date 1st of October 2019 | Category Healthcare | Classification Health Care |
The Pennant Group, Inc. provides healthcare services in the United States. The Pennant Group, Inc. was incorporated in 2019 and is headquartered in Eagle, Idaho. Pennant operates under Medical Care Facilities classification in the United States and is traded on NASDAQ Exchange. The company has 34.35 M outstanding shares of which 662.68 K shares are at this time shorted by private and institutional investors with about 1.83 trading days to cover. More on Pennant Group
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Pennant Stock Highlights
ESG Sustainability
Environmental | Governance | Social |
| President Healthcare | Brian Wayment | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Health Care Providers & Services, Health Care Equipment & Services, Health Care, NASDAQ Composite, NASDAQ Health Care, Health Care, Health Care Providers & Services, Medical Care Facilities, Healthcare (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Financial Strength
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Debt LevelsPennant can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Pennant's financial leverage. It provides some insight into what part of Pennant's total assets is financed by creditors.
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Pennant Group (PNTG) is traded on NASDAQ Exchange in USA. It is located in 1675 East Riverside Drive, Eagle, ID, United States, 83616 and employs 5,791 people. Pennant is listed under Health Care Providers & Services category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.06 B. Pennant Group conducts business under Health Care Providers & Services sector and is part of Health Care industry. The entity has 34.35 M outstanding shares of which 662.68 K shares are at this time shorted by private and institutional investors with about 1.83 trading days to cover.
Pennant Group currently holds about 3.2 M in cash with 33.09 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.11.
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Ownership AllocationPennant owns a total of 34.35 Million outstanding shares. The majority of Pennant Group outstanding shares are owned by third-party entities. These institutional holders are usually referred to as non-private investors looking to secure positions in Pennant Group to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Pennant. Please pay attention to any change in the institutional holdings of Pennant Group as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company maintains, if the real value of the company is less than the current market value, you may not be able to make money on it.
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Pennant Stock Institutional Holders
| Instituion | Recorded On | Shares | |
| Boone Capital Management Llc | 2024-09-30 | 641.3 K | |
| Morgan Stanley - Brokerage Accounts | 2024-06-30 | 520.1 K | |
| Goldman Sachs Group Inc | 2024-06-30 | 470.3 K | |
| Kent Lake Capital Llc | 2024-06-30 | 425 K | |
| D. E. Shaw & Co Lp | 2024-06-30 | 405.4 K | |
| Arnhold & S. Bleichroeder Advisers, Llc | 2024-09-30 | 378.7 K | |
| Northern Trust Corp | 2024-09-30 | 346.9 K | |
| Nuveen Asset Management, Llc | 2024-06-30 | 271.9 K | |
| Ancora Advisors Llc | 2024-06-30 | 259.9 K | |
| Fmr Inc | 2024-09-30 | 2.5 M | |
| Blackrock Inc | 2024-06-30 | 2.2 M |
Pennant Historical Income Statement
Pennant Stock Against Markets
Pennant Corporate Management
| Derek Bunker | Exec Officer | Profile | |
| Jason Steik | Chief Officer | Profile | |
| Kirk Cheney | General Secretary | Profile | |
| Brent Guerisoli | Chief Officer | Profile | |
| Jennifer CPA | Chief Officer | Profile | |
| Lynette CPA | Chief Officer | Profile |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pennant Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Is Health Care Providers & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Pennant. If investors know Pennant will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Pennant listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.365 | Earnings Share 0.68 | Revenue Per Share 21.663 | Quarterly Revenue Growth 0.289 | Return On Assets 0.0383 |
The market value of Pennant Group is measured differently than its book value, which is the value of Pennant that is recorded on the company's balance sheet. Investors also form their own opinion of Pennant's value that differs from its market value or its book value, called intrinsic value, which is Pennant's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Pennant's market value can be influenced by many factors that don't directly affect Pennant's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Pennant's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pennant is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pennant's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.