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In the latest session, Pennant Group Inc (NASDAQ: PNTG) closed at $32.92 down -7.79% from its previous closing price of $35.70. In other words, the price has decreased by -$7.79 from its previous closing price. On the day, 0.57 million shares were traded. PNTG stock price reached its highest trading level at $34.26 during the session, while it also had its lowest trading level at $31.81.
Ratios:
For a deeper understanding of Pennant Group Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 327.14 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 119.53. For the most recent quarter (mrq), Quick Ratio is recorded 1.12 and its Current Ratio is at 1.12. In the meantime, Its Debt-to-Equity ratio is 2.26 whereas as Long-Term Debt/Eq ratio is at 2.15.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Stephens on January 05, 2024, Upgraded its rating to Overweight and sets its target price to $18 from $14 previously.
On February 27, 2023, Stifel Upgraded its rating to Buy which previously was Hold and also upped its target price recommendation from $15 to $16.
On August 25, 2022, Oppenheimer started tracking the stock assigning a Outperform rating and target price of $22.Oppenheimer initiated its Outperform rating on August 25, 2022, with a $22 target price.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Aug 27 ’24 when Guerisoli Brent sold 1,418 shares for $34.74 per share. The transaction valued at 49,263 led to the insider holds 81,239 shares of the business.
Guerisoli Brent bought 1,418 shares of PNTG for $49,264 on Aug 27 ’24. On Jul 29 ’24, another insider, Guerisoli Brent, who serves as the Officer of the company, bought 3,901 shares for $29.86 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PNTG now has a Market Capitalization of 994404480 and an Enterprise Value of 1361080960. As of this moment, Pennant’s Price-to-Earnings (P/E) ratio for their current fiscal year is 51.83, and their Forward P/E ratio for the next fiscal year is 31.65. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.26. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.63 while its Price-to-Book (P/B) ratio in mrq is 6.38. Its current Enterprise Value per Revenue stands at 2.225 whereas that against EBITDA is 36.333.
Stock Price History:
Over the past 52 weeks, PNTG has reached a high of $37.13, while it has fallen to a 52-week low of $10.31. The 50-Day Moving Average of the stock is 2.06%, while the 200-Day Moving Average is calculated to be 44.95%.
Shares Statistics:
For the past three months, PNTG has traded an average of 209.64K shares per day and 281510 over the past ten days. A total of 29.95M shares are outstanding, with a floating share count of 28.88M. Insiders hold about 4.40% of the company’s shares, while institutions hold 86.22% stake in the company. Shares short for PNTG as of 1726185600 were 462658 with a Short Ratio of 2.21, compared to 1723680000 on 381241. Therefore, it implies a Short% of Shares Outstanding of 462658 and a Short% of Float of 1.6.
