The Pennant Group (PNTG) Scheduled to Post Earnings on Wednesday

The Pennant Group (NASDAQ:PNTG) will announce its earnings results after the market closes on Wednesday, November 6th. Analysts expect the company to announce earnings of $0.19 per share for the quarter. Persons interested in registering for the company’s earnings conference call can do so using this link.

The Pennant Group (NASDAQ:PNTG) last announced its quarterly earnings results on Tuesday, August 6th. The company reported $0.19 EPS for the quarter, beating analysts’ consensus estimates of $0.17 by $0.02. The business had revenue of $168.75 million during the quarter, compared to analyst estimates of $156.71 million. The Pennant Group had a net margin of 3.16% and a return on equity of 13.74%. On average, analysts expect The Pennant Group to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

The Pennant Group Stock Performance

Shares of PNTG opened at $32.38 on Tuesday. The company has a market capitalization of $981.44 million, a price-to-earnings ratio of 51.40, a PEG ratio of 3.33 and a beta of 2.02. The company has a current ratio of 1.12, a quick ratio of 1.12 and a debt-to-equity ratio of 0.48. The Pennant Group has a 12 month low of $11.55 and a 12 month high of $37.13. The stock has a 50 day moving average of $33.89 and a 200 day moving average of $28.23.

Wall Street Analyst Weigh In

PNTG has been the topic of a number of recent research reports. Oppenheimer raised their price objective on The Pennant Group from $28.00 to $34.00 and gave the company an “outperform” rating in a research note on Thursday, August 8th. Stephens reiterated an “overweight” rating and set a $40.00 target price on shares of The Pennant Group in a report on Wednesday, October 9th. Truist Financial raised their price objective on The Pennant Group from $34.00 to $38.00 and gave the company a “hold” rating in a research report on Monday, October 7th. Finally, Royal Bank of Canada increased their price target on shares of The Pennant Group from $26.00 to $38.00 and gave the company an “outperform” rating in a report on Wednesday, October 23rd.

About The Pennant Group

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.