The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
The price of PennantPark Investment Corporation (NYSE: PNNT) closed at $7.28 in the last session%, Up $0.14% from day before closing price of $7.27. In other words, the price has increased by $0.14 from its previous closing price. On the day, 0.6 million shares were traded. PNNT stock price reached its highest trading level at $7.305 during the session, while it also had its lowest trading level at $7.2306.
Ratios:
We take a closer look at PNNT’s different ratios to gain a better understanding of the stock.
Compass Point Upgraded its Sell to Neutral on September 09, 2024, while the target price for the stock was maintained at $6.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on May 21 ’25 when Briones Jose A bought 1,515 shares for $6.59 per share. The transaction valued at 9,985 led to the insider holds 270,487 shares of the business.
Briones Jose A bought 3,640 shares of PNNT for $25,043 on May 14 ’25. The Director now owns 268,972 shares after completing the transaction at $6.88 per share. On Nov 27 ’24, another insider, Briones Jose A, who serves as the Director of the company, bought 3,675 shares for $6.79 each. As a result, the insider paid 24,972 and bolstered with 265,332 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PNNT now has a Market Capitalization of 475355616 and an Enterprise Value of 1066708544. As of this moment, PennantPark’s Price-to-Earnings (P/E) ratio for their current fiscal year is 9.97, and their Forward P/E ratio for the next fiscal year is 10.06. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.44 while its Price-to-Book (P/B) ratio in mrq is 0.97. Its current Enterprise Value per Revenue stands at 7.709.
Stock Price History:
The Beta on a monthly basis for PNNT is 1.07, which has changed by 0.03556192 over the last 52 weeks, in comparison to a change of 0.17279088 over the same period for the S&P500. Over the past 52 weeks, PNNT has reached a high of $7.45, while it has fallen to a 52-week low of $5.72. The 50-Day Moving Average of the stock is 3.90%, while the 200-Day Moving Average is calculated to be 5.28%.
Shares Statistics:
According to the various share statistics, PNNT traded on average about 429.90K shares per day over the past 3-months and 437560 shares per day over the past 10 days. A total of 65.30M shares are outstanding, with a floating share count of 63.08M. Insiders hold about 3.38% of the company’s shares, while institutions hold 21.71% stake in the company. Shares short for PNNT as of 1753920000 were 2320347 with a Short Ratio of 5.56, compared to 1751241600 on 1954824. Therefore, it implies a Short% of Shares Outstanding of 2320347 and a Short% of Float of 3.6799999999999997.
Dividends & Splits
The forward annual dividend rate for PNNT is 0.96, which was 0.94 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.1292985The stock’s 5-year Average Dividend Yield is 11.06.
Earnings Estimates
The dynamic stock of PennantPark Investment Corporation (PNNT) is currently being evaluated by a team of 8.0 analysts, each contributing to its current rating.The consensus estimate for the next quarter is $0.18, with high estimates of $0.2 and low estimates of $0.16.
Analysts are recommending an EPS of between $0.79 and $0.72 for the fiscal current year, implying an average EPS of $0.75. EPS for the following year is $0.72, with 8.0 analysts recommending between $0.8 and $0.67.
Revenue Estimates
According to 7 analysts, the current quarter’s revenue is expected to be $29.98M. It ranges from a high estimate of $31.3M to a low estimate of $29.32M. As of the current estimate, PennantPark Investment Corporation’s year-ago sales were $36.5MFor the next quarter, 7 analysts are estimating revenue of $29.84M. There is a high estimate of $31.4M for the next quarter, whereas the lowest estimate is $29.14M.
A total of 7 analysts have provided revenue estimates for PNNT’s current fiscal year. The highest revenue estimate was $127.4M, while the lowest revenue estimate was $123.68M, resulting in an average revenue estimate of $124.72M. In the same quarter a year ago, actual revenue was $143.82MBased on 7 analysts’ estimates, the company’s revenue will be $117.24M in the next fiscal year. The high estimate is $124.9M and the low estimate is $114.03M.