Pennant Group (PNTG) Stock Forecast, Price Target & Predictions
PNTG Stock Forecast
Pennant Group stock forecast is as follows: an average price target of $34.67 (represents a 13.67% upside from PNTG’s last price of $30.50) and a rating consensus of 'Buy', based on 8 wall street analysts offering a 1-year stock forecast.
PNTG Price Target
The average price target for Pennant Group (PNTG) is $34.67 based on 1-year price targets from 8 Wall Street analysts in the past 3 months, with a price target range of $38.00 to $32.00. This represents a potential 13.67% upside from PNTG's last price of $30.50.
PNTG Analyst Ratings
According to 8 Wall Street analysts, Pennant Group's rating consensus is 'Buy'. The analyst rating breakdown for PNTG stock is 0 'Strong Buy' (0.00%), 6 'Buy' (75.00%), 2 'Hold' (25.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Pennant Group Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Oct 23, 2024 | Frank Morgan | RBC Capital | $38.00 | $33.34 | 13.98% | 24.59% |
| Aug 15, 2024 | David MacDonald | Truist Financial | $34.00 | $30.33 | 12.10% | 11.48% |
| Aug 08, 2024 | Scott Fidel | Stephens | $32.00 | $28.07 | 14.00% | 4.92% |
| May 15, 2024 | David MacDonald | Truist Financial | $25.00 | $22.21 | 12.56% | -18.03% |
| May 09, 2024 | Frank Morgan | RBC Capital | $26.00 | $22.14 | 17.43% | -14.75% |
| Jan 05, 2024 | Scott Fidel | Stephens | $18.00 | $15.35 | 17.26% | -40.98% |
| Jul 26, 2022 | David MacDonald | Truist Financial | $12.00 | $13.43 | -10.65% | -60.66% |
The latest Pennant Group stock forecast, released on Oct 23, 2024 by Frank Morgan from RBC Capital, set a price target of $38.00, which represents a 13.98% increase from the stock price at the time of the forecast ($33.34), and a 24.59% increase from PNTG last price ($30.50).
Pennant Group Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 1 | 1 | 6 |
| Avg Price Target | $38.00 | $38.00 | $28.83 |
| Last Closing Price | $30.50 | $30.50 | $30.50 |
| Upside/Downside | 24.59% | 24.59% | -5.48% |
In the current month, the average price target of Pennant Group stock is $38.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 24.59% increase as opposed to Pennant Group's last price of $30.50. This month's average price target is down 0.00% compared to last quarter, and up 31.81% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 23, 2024 | Stephens | Underperform | Underperform | Hold |
| Oct 23, 2024 | Truist Financial | Hold | Hold | Hold |
| Oct 23, 2024 | RBC Capital | Outperform | Outperform | Hold |
| Aug 08, 2024 | Oppenheimer | Outperform | Outperform | Hold |
| Aug 08, 2024 | Stephens | Overweight | Overweight | Hold |
| Jul 15, 2024 | Truist Financial | Hold | Hold | Hold |
| Jul 15, 2024 | Stephens | Underperform | Underperform | Hold |
| Jun 20, 2024 | Stephens | Hold | Hold | Hold |
| Jun 20, 2024 | RBC Capital | Underperform | Underperform | Hold |
| May 09, 2024 | RBC Capital | Underperform | Underperform | Hold |
Pennant Group's last stock rating was published by Stephens on Oct 23, 2024. The company gave PNTG a "Underperform" rating, the same as its previous rate.
Pennant Group Financial Forecast
Pennant Group Revenue Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | $145.95M | $140.19M | $132.28M | $126.46M | $124.67M | $118.35M | $116.32M | $113.91M | $111.77M | $111.92M | $110.34M | $105.66M | $107.97M | $98.40M | $92.74M | $91.85M | $89.49M | $88.40M |
| Avg Forecast | $209.41M | $205.71M | $201.16M | $197.22M | $186.05M | $174.37M | $156.75M | $146.21M | $136.43M | $130.57M | $126.78M | $122.25M | $116.53M | $115.21M | $112.29M | $109.91M | $109.73M | $110.01M | $107.12M | $104.74M | $100.27M | $95.81M | $92.09M | $92.85M | $90.65M | $85.10M |
| High Forecast | $211.20M | $207.47M | $202.88M | $198.92M | $187.15M | $178.18M | $156.75M | $147.47M | $138.11M | $130.57M | $127.87M | $123.29M | $117.53M | $115.21M | $112.29M | $109.91M | $109.73M | $110.01M | $107.12M | $104.74M | $100.27M | $95.81M | $92.09M | $92.85M | $90.65M | $85.10M |
| Low Forecast | $206.77M | $203.11M | $198.62M | $197.21M | $184.94M | $170.56M | $156.75M | $144.37M | $134.75M | $130.57M | $125.18M | $120.70M | $115.06M | $115.21M | $112.29M | $109.91M | $109.73M | $110.01M | $107.12M | $104.74M | $100.27M | $95.81M | $92.09M | $92.85M | $90.65M | $85.10M |
| # Analysts | 1 | 1 | 1 | 3 | 3 | 1 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Surprise % | - | - | - | - | - | - | - | - | 1.07% | 1.07% | 1.04% | 1.03% | 1.07% | 1.03% | 1.04% | 1.04% | 1.02% | 1.02% | 1.03% | 1.01% | 1.08% | 1.03% | 1.01% | 0.99% | 0.99% | 1.04% |
Pennant Group's average Quarter revenue forecast for Mar 24 based on 1 analysts is $146.21M, with a low forecast of $144.37M, and a high forecast of $147.47M. PNTG's average Quarter revenue forecast represents a 0.18% increase compared to the company's last Quarter revenue of $145.95M (Dec 23).
Pennant Group EBITDA Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 3 | 3 | 1 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| EBITDA | - | - | - | - | - | - | - | - | $-2.87M | $5.28M | $4.48M | $5.59M | $7.88M | $8.38M | $4.75M | $3.48M | $-744.00K | $3.03M | $4.90M | $2.83M | $5.52M | $5.92M | $7.28M | $5.29M | $-428.00K | $2.72M |
| Avg Forecast | $9.14M | $8.98M | $8.78M | $8.60M | $8.12M | $7.61M | $6.84M | $2.51M | $5.95M | $5.70M | $5.53M | $1.99M | $-1.13M | $5.04M | $4.91M | $1.57M | $4.80M | $4.81M | $4.69M | $3.61M | $4.39M | $4.19M | $4.03M | $4.07M | $3.97M | $1.81M |
| High Forecast | $9.21M | $9.05M | $8.85M | $8.68M | $8.17M | $7.77M | $6.84M | $3.02M | $6.03M | $5.70M | $5.58M | $2.38M | $-903.51K | $5.04M | $4.91M | $1.88M | $4.80M | $4.81M | $4.69M | $4.34M | $4.39M | $4.19M | $4.03M | $4.89M | $3.97M | $2.17M |
| Low Forecast | $9.02M | $8.86M | $8.67M | $8.60M | $8.07M | $7.44M | $6.84M | $2.01M | $5.88M | $5.70M | $5.46M | $1.59M | $-1.36M | $5.04M | $4.91M | $1.26M | $4.80M | $4.81M | $4.69M | $2.89M | $4.39M | $4.19M | $4.03M | $3.26M | $3.97M | $1.45M |
| Surprise % | - | - | - | - | - | - | - | - | -0.48% | 0.93% | 0.81% | 2.81% | -6.98% | 1.66% | 0.97% | 2.21% | -0.16% | 0.63% | 1.04% | 0.78% | 1.26% | 1.41% | 1.81% | 1.30% | -0.11% | 1.50% |
3 analysts predict PNTG's average Quarter EBITDA for Dec 23 to be $5.95M, with a high of $6.03M and a low of $5.88M. This is 12.82% upper than Pennant Group's previous annual EBITDA (Sep 23) of $5.28M.
Pennant Group Net Income Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 3 | 3 | 1 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Net Income | - | - | - | - | - | - | - | - | $4.35M | $4.38M | $2.80M | $1.85M | $3.47M | $4.83M | $-2.60M | $1.01M | $-2.35M | $1.25M | $2.65M | $950.00K | $4.02M | $4.41M | $4.34M | $2.98M | $-3.80M | $1.52M |
| Avg Forecast | $9.64M | $8.70M | $8.23M | $7.61M | $7.68M | $7.21M | $6.74M | $764.95K | $6.90M | $6.12M | $5.17M | $604.71K | $-3.26M | $5.60M | $4.39M | $478.03K | $4.54M | $7.93M | $6.46M | $1.22M | $6.26M | $5.23M | $3.28M | $2.29M | $4.92M | $1.02M |
| High Forecast | $9.75M | $8.80M | $8.32M | $7.69M | $7.77M | $7.29M | $6.82M | $917.94K | $6.98M | $6.16M | $5.23M | $725.65K | $-2.61M | $5.60M | $4.39M | $573.63K | $4.54M | $7.93M | $6.46M | $1.46M | $6.26M | $5.23M | $3.28M | $2.75M | $4.92M | $1.22M |
| Low Forecast | $9.49M | $8.56M | $8.10M | $7.48M | $7.38M | $7.14M | $6.63M | $611.96K | $6.59M | $6.07M | $5.09M | $483.76K | $-3.91M | $5.60M | $4.39M | $382.42K | $4.54M | $7.93M | $6.46M | $972.00K | $6.26M | $5.23M | $3.28M | $1.83M | $4.92M | $812.80K |
| Surprise % | - | - | - | - | - | - | - | - | 0.63% | 0.72% | 0.54% | 3.06% | -1.06% | 0.86% | -0.59% | 2.12% | -0.52% | 0.16% | 0.41% | 0.78% | 0.64% | 0.84% | 1.32% | 1.30% | -0.77% | 1.50% |
Pennant Group's average Quarter net income forecast for Mar 24 is $764.95K, with a range of $611.96K to $917.94K. PNTG's average Quarter net income forecast represents a -82.41% decrease compared to the company's last Quarter net income of $4.35M (Dec 23).
Pennant Group SG&A Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 3 | 3 | 1 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| SG&A | - | - | - | - | - | - | - | - | $9.75M | $9.42M | $8.79M | $8.71M | $8.33M | $5.88M | $9.74M | $10.03M | $9.12M | $9.07M | $8.78M | $9.29M | $10.84M | $8.71M | $8.74M | $7.68M | $12.39M | $9.65M |
| Avg Forecast | $16.98M | $16.68M | $16.31M | $15.99M | $15.08M | $14.14M | $12.71M | $7.57M | $11.06M | $10.59M | $10.28M | $5.98M | $13.85M | $9.34M | $9.10M | $4.73M | $8.90M | $8.92M | $8.68M | $11.88M | $8.13M | $7.77M | $7.47M | $5.91M | $7.35M | $6.43M |
| High Forecast | $17.12M | $16.82M | $16.45M | $16.13M | $15.17M | $14.45M | $12.71M | $9.08M | $11.20M | $10.59M | $10.37M | $7.18M | $16.62M | $9.34M | $9.10M | $5.68M | $8.90M | $8.92M | $8.68M | $14.25M | $8.13M | $7.77M | $7.47M | $7.09M | $7.35M | $7.72M |
| Low Forecast | $16.76M | $16.47M | $16.10M | $15.99M | $14.99M | $13.83M | $12.71M | $6.06M | $10.93M | $10.59M | $10.15M | $4.79M | $11.08M | $9.34M | $9.10M | $3.78M | $8.90M | $8.92M | $8.68M | $9.50M | $8.13M | $7.77M | $7.47M | $4.73M | $7.35M | $5.15M |
| Surprise % | - | - | - | - | - | - | - | - | 0.88% | 0.89% | 0.86% | 1.45% | 0.60% | 0.63% | 1.07% | 2.12% | 1.03% | 1.02% | 1.01% | 0.78% | 1.33% | 1.12% | 1.17% | 1.30% | 1.69% | 1.50% |
Pennant Group's average Quarter SG&A projection for Mar 24 is $7.57M, based on 1 Wall Street analysts, with a range of $6.06M to $9.08M. The forecast indicates a -22.40% fall compared to PNTG last annual SG&A of $9.75M (Dec 23).
Pennant Group EPS Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 3 | 3 | 1 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| EPS | - | - | - | - | - | - | - | - | $0.14 | $0.15 | $0.09 | $0.06 | $0.12 | $0.16 | $-0.09 | $0.04 | $-0.08 | $0.04 | $0.09 | $0.03 | $0.14 | $0.16 | $0.16 | $0.11 | $-0.14 | $0.06 |
| Avg Forecast | $0.31 | $0.28 | $0.26 | $0.24 | $0.24 | $0.23 | $0.21 | $0.17 | $0.22 | $0.20 | $0.17 | $0.14 | $0.18 | $0.18 | $0.14 | $0.08 | $0.15 | $0.26 | $0.21 | $0.19 | $0.20 | $0.17 | $0.11 | $0.13 | $0.16 | $0.12 |
| High Forecast | $0.31 | $0.28 | $0.27 | $0.25 | $0.25 | $0.23 | $0.22 | $0.17 | $0.22 | $0.20 | $0.17 | $0.15 | $0.18 | $0.18 | $0.14 | $0.08 | $0.15 | $0.26 | $0.21 | $0.19 | $0.20 | $0.17 | $0.11 | $0.13 | $0.16 | $0.12 |
| Low Forecast | $0.30 | $0.27 | $0.26 | $0.24 | $0.24 | $0.23 | $0.21 | $0.17 | $0.21 | $0.19 | $0.16 | $0.14 | $0.18 | $0.18 | $0.14 | $0.08 | $0.15 | $0.26 | $0.21 | $0.19 | $0.20 | $0.17 | $0.11 | $0.13 | $0.16 | $0.12 |
| Surprise % | - | - | - | - | - | - | - | - | 0.64% | 0.77% | 0.57% | 0.41% | 0.66% | 0.88% | -0.64% | 0.50% | -0.56% | 0.16% | 0.43% | 0.16% | 0.69% | 0.94% | 1.50% | 0.85% | -0.88% | 0.50% |
According to 1 Wall Street analysts, Pennant Group's projected average Quarter EPS for Mar 24 is $0.17, with a low estimate of $0.17 and a high estimate of $0.17. This represents a 21.43% increase compared to PNTG previous annual EPS of $0.14 (Dec 23).
Pennant Group Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| ACHC | Acadia Healthcare Company | $38.59 | $82.33 | 113.35% | Buy |
| SGRY | Surgery Partners | $23.35 | $40.80 | 74.73% | Buy |
| HCSG | Healthcare Services Group | $11.52 | $17.33 | 50.43% | Hold |
| INNV | InnovAge | $4.63 | $6.80 | 46.87% | Hold |
| MODV | ModivCare | $17.47 | $24.50 | 40.24% | Buy |
| EHAB | Enhabit | $7.47 | $10.25 | 37.22% | Hold |
| PNTG | Pennant Group | $30.50 | $34.67 | 13.67% | Buy |
| ADUS | Addus HomeCare | $120.84 | $132.80 | 9.90% | Buy |
| SEM | Select Medical | $39.07 | $40.00 | 2.38% | Buy |
| ENSG | Ensign Group | $147.35 | $148.20 | 0.58% | Buy |
| EHC | Encompass Health | $99.40 | $97.00 | -2.41% | Buy |