Pennant Group Inc (NASDAQ: PNTG) is 12.39% higher on its value in year-to-date trading and has touched a low of $21.18 and a high of $37.13 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The PNTG stock was last observed hovering at around $25.9 in the last trading session, with the day’s gains setting it 0.4%.
Currently trading at $26.3, the stock is -7.07% and -6.12% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.16 million and changing 1.54% at the moment leaves the stock -8.06% off its SMA200. PNTG registered -0.83% loss for a year compared to 6-month gain of 0.31%. The firm has a 50-day simple moving average (SMA 50) of $28.013 and a 200-day simple moving average (SMA200) of $28.60575.
The stock witnessed a -9.53% loss in the last 1 month and extending the period to 3 months gives it a 2.49%, and is -9.59% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 5.70% over the week and 3.74% over the month.
Pennant Group Inc (PNTG) has around 7000 employees, a market worth around $906.54M and $748.17M in sales. Current P/E ratio is 34.31 and Fwd P/E is 20.54. Profit margin for the company is 3.40%. Distance from 52-week low is 24.17% and -29.17% from its 52-week high. The company has generated returns on investments over the last 12 months (4.13%).
The EPS is expected to grow by 18.19% this year
260.0 institutions hold shares in Pennant Group Inc (PNTG), with institutional investors hold 95.12% of the company’s shares. The shares outstanding are 34.45M, and float is at 33.06M with Short Float at 1.86%. Institutions hold 91.33% of the Float.
The top institutional shareholder in the company is 8 KNOTS MANAGEMENT, LLC with over 2.79 million shares valued at $64.78 million. The investor’s holdings represent 9.2669 of the PNTG Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 2.23 million shares valued at $51.64 million to account for 7.388 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 1.96 million shares representing 6.5144 and valued at over $45.54 million, while T. ROWE PRICE INVESTMENT MANAGEMENT, INC. holds 5.9886 of the shares totaling 1.81 million with a market value of $41.86 million.
Pennant Group Inc (PNTG) Insider Activity
The most recent transaction is an insider sale by Stringfield JoAnne, the company’s Director. SEC filings show that Stringfield JoAnne sold 5,000 shares of the company’s common stock on May 20 ’25 at a price of $29.47 per share for a total of $0.15 million. Following the sale, the insider now owns 30275.0 shares.
Still, SEC filings show that on May 01 ’25, Stringfield JoAnne (Director) disposed off 665 shares at an average price of $25.62 for $17037.0. The insider now directly holds 30,275 shares of Pennant Group Inc (PNTG).
