Pennant Group (PNTG) Stock Forecast, Price Target & Predictions
PNTG Stock Forecast
Pennant Group stock forecast is as follows: an average price target of $30.67 (represents a -11.15% downside from PNTG’s last price of $34.52) 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 $30.67 based on 1-year price targets from 8 Wall Street analysts in the past 3 months, with a price target range of $34.00 to $26.00. This represents a potential -11.15% downside from PNTG's last price of $34.52.
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 |
|---|---|---|---|---|---|---|
| Aug 15, 2024 | David MacDonald | Truist Financial | $34.00 | $30.33 | 12.10% | -1.51% |
| Aug 08, 2024 | Scott Fidel | Stephens | $32.00 | $28.07 | 14.00% | -7.30% |
| May 15, 2024 | David MacDonald | Truist Financial | $25.00 | $22.21 | 12.56% | -27.58% |
| May 09, 2024 | Frank Morgan | RBC Capital | $26.00 | $22.14 | 17.43% | -24.68% |
| Jan 05, 2024 | Scott Fidel | Stephens | $18.00 | $15.35 | 17.26% | -47.86% |
| Jul 26, 2022 | David MacDonald | Truist Financial | $12.00 | $13.43 | -10.65% | -65.24% |
The latest Pennant Group stock forecast, released on Aug 15, 2024 by David MacDonald from Truist Financial, set a price target of $34.00, which represents a 12.10% increase from the stock price at the time of the forecast ($30.33), and a -1.51% decrease from PNTG last price ($34.52).
Pennant Group Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 2 | 5 |
| Avg Price Target | - | $33.00 | $27.00 |
| Last Closing Price | $34.52 | $34.52 | $34.52 |
| Upside/Downside | -100.00% | -4.40% | -21.78% |
In the current month, the average price target of Pennant Group stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Pennant Group's last price of $34.52. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Aug 08, 2024 | Oppenheimer | Outperform | Outperform | Hold |
| Aug 08, 2024 | Stephens | Overweight | Overweight | Hold |
| Jul 15, 2024 | Stephens | Underperform | Underperform | Hold |
| Jul 15, 2024 | Truist Financial | Hold | Hold | Hold |
| Jun 20, 2024 | RBC Capital | Underperform | Underperform | Hold |
| Jun 20, 2024 | Stephens | Hold | Hold | Hold |
| May 09, 2024 | Stephens | Hold | Hold | Hold |
| May 09, 2024 | RBC Capital | Underperform | Underperform | Hold |
| May 09, 2024 | RBC Capital | Outperform | Outperform | Hold |
| Apr 01, 2024 | Stephens | Overweight | Overweight | Hold |
Pennant Group's last stock rating was published by Oppenheimer on Aug 08, 2024. The company gave PNTG a "Outperform" 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 | Jul 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 | - | $113.91M | $111.77M | $111.92M | $110.34M | $105.66M | $107.97M | $98.40M | $92.74M | $91.85M | $89.49M | $88.40M |
| Avg Forecast | $205.57M | $199.43M | $195.21M | $190.29M | $181.19M | $175.10M | $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 | $206.55M | $200.39M | $196.15M | $191.20M | $182.05M | $176.00M | $157.50M | $146.91M | $138.11M | $131.19M | $127.39M | $122.83M | $117.09M | $115.77M | $112.29M | $110.98M | $110.80M | $111.08M | $108.15M | $105.75M | $101.24M | $96.74M | $92.99M | $93.75M | $91.53M | $85.93M |
| Low Forecast | $203.72M | $197.65M | $193.46M | $188.59M | $179.56M | $174.18M | $155.34M | $144.90M | $134.75M | $129.40M | $125.64M | $121.15M | $115.49M | $114.18M | $112.29M | $108.69M | $108.52M | $108.79M | $105.93M | $103.57M | $99.15M | $94.75M | $91.07M | $91.82M | $89.64M | $84.16M |
| # Analysts | - | - | - | - | 1 | 2 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | - | - | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | - | - |
| Surprise % | - | - | - | - | - | - | - | - | 1.07% | 1.07% | 1.04% | 1.03% | 1.07% | 1.03% | - | 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 $144.90M, and a high forecast of $146.91M. 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 | Jul 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 | 2 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | - | - | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | - | - |
| EBITDA | - | - | - | - | - | - | - | - | $-2.87M | $5.28M | $4.48M | $5.59M | $7.88M | $8.38M | - | $3.48M | $-744.00K | $3.03M | $4.90M | $2.83M | $5.52M | $5.92M | $7.28M | $5.29M | $-428.00K | $2.72M |
| Avg Forecast | $8.99M | $8.72M | $8.54M | $8.32M | $7.93M | $7.66M | $6.86M | $2.51M | $5.97M | $5.71M | $5.55M | $1.99M | $5.10M | $6.12M | $4.91M | $1.57M | $-1.03M | $4.81M | $5.60M | $3.61M | $6.35M | $5.57M | $4.85M | $4.07M | $3.97M | $1.81M |
| High Forecast | $9.03M | $8.77M | $8.58M | $8.36M | $7.96M | $7.70M | $6.89M | $3.02M | $6.04M | $5.74M | $5.57M | $2.38M | $5.12M | $7.35M | $4.91M | $1.88M | $-821.38K | $4.86M | $6.71M | $4.34M | $7.62M | $6.68M | $5.82M | $4.89M | $4.00M | $2.17M |
| Low Forecast | $8.91M | $8.65M | $8.46M | $8.25M | $7.85M | $7.62M | $6.79M | $2.01M | $5.89M | $5.66M | $5.50M | $1.59M | $5.05M | $4.90M | $4.91M | $1.26M | $-1.23M | $4.76M | $4.48M | $2.89M | $5.08M | $4.45M | $3.88M | $3.26M | $3.92M | $1.45M |
| Surprise % | - | - | - | - | - | - | - | - | -0.48% | 0.92% | 0.81% | 2.81% | 1.55% | 1.37% | - | 2.21% | 0.72% | 0.63% | 0.88% | 0.78% | 0.87% | 1.06% | 1.50% | 1.30% | -0.11% | 1.50% |
3 analysts predict PNTG's average Quarter EBITDA for Dec 23 to be $5.97M, with a high of $6.04M and a low of $5.89M. This is 13.11% 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 | Jul 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 | 2 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | - | - | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | - | - |
| Net Income | - | - | - | - | - | - | - | - | $4.35M | $4.38M | $2.80M | $1.85M | $3.47M | $4.83M | - | $1.01M | $-2.35M | $1.25M | $2.65M | $950.00K | $4.02M | $4.41M | $4.34M | $2.98M | $-3.80M | $1.52M |
| Avg Forecast | $9.54M | $8.77M | $8.16M | $7.08M | $7.70M | $7.18M | $6.62M | $764.95K | $6.77M | $6.00M | $5.08M | $604.71K | $5.60M | $4.56M | $4.33M | $478.03K | $-2.97M | $7.79M | $3.03M | $1.22M | $4.62M | $4.15M | $2.89M | $2.29M | $4.84M | $1.02M |
| High Forecast | $9.60M | $8.83M | $8.21M | $7.12M | $7.74M | $7.23M | $6.66M | $917.94K | $6.81M | $6.04M | $5.11M | $725.65K | $5.64M | $5.48M | $4.33M | $573.63K | $-2.37M | $7.88M | $3.63M | $1.46M | $5.55M | $4.98M | $3.47M | $2.75M | $4.90M | $1.22M |
| Low Forecast | $9.43M | $8.67M | $8.06M | $7.00M | $7.61M | $7.10M | $6.54M | $611.96K | $6.46M | $5.93M | $5.02M | $483.76K | $5.54M | $3.65M | $4.33M | $382.42K | $-3.56M | $7.67M | $2.42M | $972.00K | $3.70M | $3.32M | $2.31M | $1.83M | $4.77M | $812.80K |
| Surprise % | - | - | - | - | - | - | - | - | 0.64% | 0.73% | 0.55% | 3.06% | 0.62% | 1.06% | - | 2.12% | 0.79% | 0.16% | 0.88% | 0.78% | 0.87% | 1.06% | 1.50% | 1.30% | -0.79% | 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 | Jul 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 | 2 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | - | - | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | - | - |
| SG&A | - | - | - | - | - | - | - | - | $9.75M | $9.42M | $8.79M | $8.71M | $8.33M | $5.88M | - | $10.03M | $9.12M | $9.07M | $8.78M | $9.29M | $10.84M | $8.71M | $8.74M | $7.68M | $12.39M | $9.65M |
| Avg Forecast | $16.67M | $16.17M | $15.83M | $15.43M | $14.69M | $14.20M | $12.71M | $7.57M | $11.06M | $10.59M | $10.28M | $5.98M | $9.45M | $9.02M | $9.10M | $4.73M | $12.59M | $8.92M | $10.04M | $11.88M | $12.46M | $8.20M | $5.83M | $5.91M | $7.35M | $6.43M |
| High Forecast | $16.75M | $16.25M | $15.90M | $15.50M | $14.76M | $14.27M | $12.77M | $9.08M | $11.20M | $10.64M | $10.33M | $7.18M | $9.49M | $10.82M | $9.10M | $5.68M | $15.11M | $9.01M | $12.05M | $14.25M | $14.96M | $9.84M | $6.99M | $7.09M | $7.42M | $7.72M |
| Low Forecast | $16.52M | $16.03M | $15.69M | $15.29M | $14.56M | $14.12M | $12.60M | $6.06M | $10.93M | $10.49M | $10.19M | $4.79M | $9.36M | $7.22M | $9.10M | $3.78M | $10.07M | $8.82M | $8.03M | $9.50M | $9.97M | $6.56M | $4.66M | $4.73M | $7.27M | $5.15M |
| Surprise % | - | - | - | - | - | - | - | - | 0.88% | 0.89% | 0.86% | 1.45% | 0.88% | 0.65% | - | 2.12% | 0.72% | 1.02% | 0.88% | 0.78% | 0.87% | 1.06% | 1.50% | 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 | Jul 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 | 2 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | - | - | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | - | - |
| EPS | - | - | - | - | - | - | - | - | $0.14 | $0.15 | $0.09 | $0.06 | $0.12 | $0.16 | - | $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 | $0.27 | $0.23 | $0.25 | $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 | $0.29 | $0.27 | $0.23 | $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 | $0.20 | $0.21 | $0.17 | $0.11 | $0.13 | $0.16 | $0.12 |
| Low Forecast | $0.31 | $0.28 | $0.26 | $0.23 | $0.25 | $0.23 | $0.21 | $0.17 | $0.21 | $0.19 | $0.16 | $0.14 | $0.18 | $0.18 | $0.14 | $0.08 | $0.15 | $0.25 | $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% | - | 0.50% | -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 |
|---|---|---|---|---|---|
| MODV | ModivCare | $14.12 | $38.67 | 173.87% | Buy |
| HCSG | Healthcare Services Group | $11.14 | $17.33 | 55.57% | Hold |
| SGRY | Surgery Partners | $31.00 | $47.50 | 53.23% | Buy |
| EHAB | Enhabit | $8.10 | $10.25 | 26.54% | Hold |
| SEM | Select Medical | $35.23 | $40.00 | 13.54% | Buy |
| INNV | InnovAge | $5.99 | $6.80 | 13.52% | Hold |
| ACHC | Acadia Healthcare Company | $78.23 | $84.89 | 8.51% | Buy |
| EHC | Encompass Health | $93.25 | $93.17 | -0.09% | Buy |
| ADUS | Addus HomeCare | $130.13 | $123.00 | -5.48% | Buy |
| PNTG | Pennant Group | $34.52 | $30.67 | -11.15% | Buy |
| ENSG | Ensign Group | $152.73 | $114.25 | -25.19% | Buy |
PNTG Forecast FAQ
Is Pennant Group a good buy?
Yes, according to 8 Wall Street analysts, Pennant Group (PNTG) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 6 'Buy' recommendations, accounting for 75.00% of PNTG's total ratings.
What is PNTG's price target?
Pennant Group (PNTG) average price target is $30.67 with a range of $26 to $34, implying a -11.15% from its last price of $34.52. The data is based on 8 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Pennant Group stock go up soon?
According to Wall Street analysts' prediction for PNTG stock, the company can go down by -11.15% (from the last price of $34.52 to the average price target of $30.67), down by -1.51% based on the highest stock price target, and down by -24.68% based on the lowest stock price target.
Can Pennant Group stock reach $50?
PNTG's average twelve months analyst stock price target of $30.67 does not support the claim that Pennant Group can reach $50 in the near future.
What are Pennant Group's analysts' financial forecasts?
Pennant Group's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $659.24M (high $662.46M, low $653.99M), average EBITDA is $24.95M (high $25.57M, low $24.28M), average net income is $22.26M (high $22.55M, low $21.86M), average SG&A $49.17M (high $50.88M, low $47.33M), and average EPS is $0.868 (high $0.874, low $0.858). PNTG's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $790.5M (high $794.29M, low $783.42M), average EBITDA is $34.58M (high $34.74M, low $34.27M), average net income is $33.55M (high $33.76M, low $33.16M), average SG&A $64.09M (high $64.4M, low $63.52M), and average EPS is $1.09 (high $1.1, low $1.08).
Did the PNTG's actual financial results beat the analysts' financial forecasts?
Based on Pennant Group's last annual report (Dec 2023), the company's revenue was $544.89M, beating the average analysts forecast of $516.02M by 5.59%. Apple's EBITDA was $18.26M, missing the average prediction of $19.21M by -4.96%. The company's net income was $13.38M, missing the average estimation of $18.46M by -27.52%. Apple's SG&A was $36.67M, missing the average forecast of $37.91M by -3.28%. Lastly, the company's EPS was $0.44, missing the average prediction of $0.725 by -39.31%. In terms of the last quarterly report (Dec 2023), Pennant Group's revenue was $145.95M, beating the average analysts' forecast of $136.43M by 6.98%. The company's EBITDA was $-2.867M, missing the average prediction of $5.97M by -148.04%. Pennant Group's net income was $4.35M, missing the average estimation of $6.77M by -35.78%. The company's SG&A was $9.75M, missing the average forecast of $11.06M by -11.82%. Lastly, the company's EPS was $0.14, missing the average prediction of $0.22 by -36.36%