Pennant GroupPNTG
PNTG
About: Pennant Group Inc is engaged in providing healthcare services to patients of all ages, including the growing senior population, in the United States. It operates in multiple lines of business including home health, hospice, and senior living which includes the company's assisted living, independent living, and memory care communities across Arizona, California, Colorado, Idaho, Montana, Nevada, Oklahoma, Oregon, Texas, Utah, Washington, Wisconsin, and Wyoming. The company generates majority of its revenue from home health and hospice services segment, which includes its home health, hospice and home care businesses.
Employees: 5,791
0
Funds holding %
of 7,139 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
525% more call options, than puts
Call options by funds: $713K | Put options by funds: $114K
47% more repeat investments, than reductions
Existing positions increased: 72 | Existing positions reduced: 49
42% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 24
4% more funds holding
Funds holding: 171 [Q3] → 177 (+6) [Q4]
1.46% less ownership
Funds ownership: 86.96% [Q3] → 85.5% (-1.46%) [Q4]
17% less capital invested
Capital invested by funds: $937M [Q3] → $779M (-$158M) [Q4]
50% less funds holding in top 10
Funds holding in top 10: 6 [Q3] → 3 (-3) [Q4]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$32
28%
upside
Avg. target
$33
30%
upside
High target
$33
32%
upside
2 analyst ratings
0 positive
0%
2 neutral
100%
0 negative
0%
Truist Securities David Macdonald 59% 1-year accuracy 57 / 96 met price target | 28%upside $32 | Hold Maintained | 6 Jan 2025 |
Wells Fargo | 32%upside $33 | Equal-Weight Initiated | 19 Dec 2024 |
Financial journalist opinion
Neutral
GlobeNewsWire
1 week ago
Pennant Announces Fourth Quarter and Full Year 2024 Earnings Release and Call
EAGLE, Idaho, Feb. 14, 2025 (GLOBE NEWSWIRE) -- The Pennant Group, Inc. (NASDAQ: PNTG), the parent company of operating subsidiaries that provide home health, hospice and senior living services, announced today that it expects to issue its fourth quarter and full year 2024 financial results on Thursday, February 27, 2025. Pennant invites current and prospective investors to tune into a live webcast to be held the following day, Friday, February 28, 2025, at 10:00 a.m.
Neutral
GlobeNewsWire
2 weeks ago
Pennant Acquires Senior Living Communities in Idaho and Texas
EAGLE, Idaho, Feb. 03, 2025 (GLOBE NEWSWIRE) -- The Pennant Group, Inc. (NASDAQ: PNTG), the parent company of the Pennant group of affiliated home health, hospice, home care and senior living companies, announced today that effective February 1, 2025, it has acquired three premier senior living facilities in Idaho and Texas. The acquisition in Idaho is subject to a triple net lease with the option to purchase, and the two Texas facilities are subject to a long-term, triple net lease.
Neutral
GlobeNewsWire
1 month ago
Pennant Completes Acquisition of Signature Healthcare at Home Assets
EAGLE, Idaho, Jan. 02, 2025 (GLOBE NEWSWIRE) -- The Pennant Group, Inc. (NASDAQ: PNTG), the parent company of the Pennant group of affiliated home health, hospice, and senior living companies, today announced that it has closed on the purchase of certain Oregon assets of Signature Healthcare at Home (“Signature”). Pennant completed its purchase of Signature's Idaho and Washington assets on August 1, 2024 and its purchase of certain of Signature's Oregon assets on January 1, 2025, thus concluding the full two-stage acquisition as previously announced.
Neutral
GlobeNewsWire
1 month ago
The Pennant Group Appoints Brent Guerisoli as Chairman and Scott Lamb as Lead Independent Director
EAGLE, Idaho, Jan. 02, 2025 (GLOBE NEWSWIRE) -- The Pennant Group, Inc. (NASDAQ: PNTG), the parent company of the Pennant group of affiliated home health, hospice, and senior living companies, today announced the appointment of Brent Guerisoli as Chairman of its board of directors and Scott Lamb as Lead Independent Director of its board of directors, each effective January 1, 2025. Mr. Guerisoli and Mr. Lamb are existing directors of the Company.
Neutral
GlobeNewsWire
2 months ago
Kno2 and Pennant Announce Strategic Partnership to Revolutionize Patient Care through QHIN services
BOISE, Idaho, Dec. 17, 2024 (GLOBE NEWSWIRE) -- Kno2, the company leading the future of healthcare communication, announced today a partnership with The Pennant Group, Inc (NASDAQ: PNTG) to drive automation and innovation to deliver patient care in the home. Under the partnership, Pennant Group, a holding company of affiliated home health, hospice and senior living companies, will join Kno2's Qualified Health Information Network (QHIN).
Neutral
GlobeNewsWire
3 months ago
Pennant Group to Participate in the 2024 Stephens Annual Investment Conference
EAGLE, Idaho, Nov. 11, 2024 (GLOBE NEWSWIRE) -- The Pennant Group, Inc. (NASDAQ: PNTG), the parent company of the Pennant group of affiliated home health, hospice and senior living companies, announced today that it will participate in the upcoming 2024 Stephens Annual Investment Conference on November 19-20, 2024. Brent Guerisoli, Chief Executive Officer, Lynette Walbom, Chief Financial Officer, and John Gochnour, President and Chief Operating Officer, will participate in a fireside chat on November 19, 2024 at 10:00 a.m.
Positive
Zacks Investment Research
3 months ago
DGX vs. PNTG: Which Stock Is the Better Value Option?
Investors interested in Medical - Outpatient and Home Healthcare stocks are likely familiar with Quest Diagnostics (DGX) and The Pennant Group, Inc. (PNTG). But which of these two companies is the best option for those looking for undervalued stocks?
Neutral
Seeking Alpha
3 months ago
The Pennant Group Inc (PNTG) Q3 2024 Earnings Call Transcript
The Pennant Group Inc (NASDAQ:PNTG ) Q3 2024 Earnings Call Transcript November 7, 2024 12:00 PM ET Company Participants Kirk Cheney - General Counsel & Corporate Secretary Brent Guerisoli - Chief Executive Officer & Director John Gochnour - President & Chief Operating Officer Lynette Walbom - Chief Financial Officer Conference Call Participants Ben Hendrix - RBC Capital Markets Scott Fidel - Stephens Operator Good day, and thank you for standing by. Welcome to The Pennant Group's Third Quarter 2024 Earnings Conference Call.
Positive
Zacks Investment Research
3 months ago
The Pennant Group (PNTG) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
The headline numbers for The Pennant Group (PNTG) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Positive
Zacks Investment Research
3 months ago
The Pennant Group, Inc. (PNTG) Q3 Earnings and Revenues Beat Estimates
The Pennant Group, Inc. (PNTG) came out with quarterly earnings of $0.26 per share, beating the Zacks Consensus Estimate of $0.23 per share. This compares to earnings of $0.20 per share a year ago.
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