The Pennant Group (PNTG) Expected to Announce Earnings on Thursday

The Pennant Group (NASDAQ:PNTG) is expected to release its earnings data after the market closes on Thursday, February 27th. Analysts expect The Pennant Group to post earnings of $0.24 per share and revenue of $185.83 million for the quarter. Persons that are interested in participating in the company’s earnings conference call can do so using this link.

The Pennant Group Price Performance

Shares of The Pennant Group stock opened at $25.77 on Wednesday. The Pennant Group has a twelve month low of $16.28 and a twelve month high of $37.13. The company has a quick ratio of 1.12, a current ratio of 1.12 and a debt-to-equity ratio of 0.58. The company has a 50-day simple moving average of $26.77 and a two-hundred day simple moving average of $30.66. The stock has a market capitalization of $885.15 million, a price-to-earnings ratio of 37.90, a price-to-earnings-growth ratio of 2.24 and a beta of 1.92.

Wall Street Analyst Weigh In

PNTG has been the subject of several analyst reports. Wells Fargo & Company began coverage on shares of The Pennant Group in a research report on Thursday, December 19th. They issued an “equal weight” rating and a $33.00 target price for the company. Oppenheimer upped their price objective on shares of The Pennant Group from $34.00 to $37.00 and gave the stock an “outperform” rating in a research report on Friday, November 8th. Finally, Truist Financial lowered their price objective on shares of The Pennant Group from $38.00 to $32.00 and set a “hold” rating for the company in a research report on Monday, January 6th. Two equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $36.00.

The Pennant Group Company Profile

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.