Pennant Group Stock Performance
| PNTG Stock | USD 23.54 0.25 1.07% |
On a scale of 0 to 100, Pennant holds a performance score of 13. The company holds a Beta of 1.31, which implies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Pennant will likely underperform. Please check Pennant's expected short fall, and the relationship between the maximum drawdown and rate of daily change , to make a quick decision on whether Pennant's historical price patterns will revert.
Risk-Adjusted Performance
13 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in Pennant Group are ranked lower than 13 (%) of all global equities and portfolios over the last 90 days. Despite nearly unfluctuating basic indicators, Pennant reported solid returns over the last few months and may actually be approaching a breakup point. ...more
Actual Historical Performance (%)
One Day Return 1.07 | Five Day Return (0.76) | Year To Date Return 65.77 | Ten Year Return 56 | All Time Return 56 |
1 | Disposition of 10700 shares by John Gochnour of Pennant at 5.31 subject to Rule 16b-3 | 03/15/2024 |
2 | Tenet Healthcare Soars 76 percent in a Year What Lies Ahead | 04/03/2024 |
3 | Disposition of 240 shares by Stringfield Joanne of Pennant at 19.78 subject to Rule 16b-3 | 04/19/2024 |
4 | A Look At The Intrinsic Value Of The Pennant Group, Inc. | 05/01/2024 |
5 | Compared to Estimates, The Pennant Group Q1 Earnings A Look at Key Metrics | 05/06/2024 |
6 | PNTG Stock Earnings Pennant Gr Beats EPS, Beats Revenue for Q1 2024 | 05/07/2024 |
7 | The Pennant Group, Inc. Q1 2024 Earnings Call Transcript | 05/08/2024 |
8 | Earnings Beat The Pennant Group, Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models | 05/10/2024 |
9 | Heres Why Pennant Group Can Manage Its Debt Responsibly | 05/14/2024 |
10 | Pennant Acquires South Texas Hospice Provider | 05/16/2024 |
11 | Disposition of 57613 shares by Nackel John G. of Pennant at 4.09 subject to Rule 16b-3 | 05/17/2024 |
12 | The Pennant Group Reaches New 1-Year High at 23.58 - Defense World | 05/23/2024 |
13 | DaVita Inc. Hit a 52 Week High, Can the Run Continue | 05/30/2024 |
| Begin Period Cash Flow | 2.1 M |
Pennant |
Pennant Relative Risk vs. Return Landscape
If you would invest 1,879 in Pennant Group on March 4, 2024 and sell it today you would earn a total of 475.00 from holding Pennant Group or generate 25.28% return on investment over 90 days. Pennant Group is currently generating 0.3742% in daily expected returns and assumes 2.0907% risk (volatility on return distribution) over the 90 days horizon. In different words, 18% of stocks are less volatile than Pennant, and 93% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Pennant Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Pennant's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Pennant Group, and traders can use it to determine the average amount a Pennant's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.179
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 2.09 actual daily | 18 82% of assets are more volatile |
Expected Return
| 0.37 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
| 0.18 actual daily | 13 87% of assets perform better |
Based on monthly moving average Pennant is performing at about 13% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Pennant by adding it to a well-diversified portfolio.
Pennant Fundamentals Growth
Pennant Stock prices reflect investors' perceptions of the future prospects and financial health of Pennant, and Pennant fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Pennant Stock performance.
| Return On Equity | 0.12 | ||||
| Return On Asset | 0.0331 | ||||
| Profit Margin | 0.03 % | ||||
| Operating Margin | 0.05 % | ||||
| Current Valuation | 1.07 B | ||||
| Shares Outstanding | 30.05 M | ||||
| Price To Earning | 34.12 X | ||||
| Price To Book | 4.32 X | ||||
| Price To Sales | 1.11 X | ||||
| Revenue | 544.89 M | ||||
| Gross Profit | 103.15 M | ||||
| EBITDA | 30.71 M | ||||
| Net Income | 13.91 M | ||||
| Cash And Equivalents | 3.2 M | ||||
| Cash Per Share | 0.11 X | ||||
| Total Debt | 329.63 M | ||||
| Debt To Equity | 2.66 % | ||||
| Current Ratio | 1.00 X | ||||
| Book Value Per Share | 4.85 X | ||||
| Cash Flow From Operations | 33.09 M | ||||
| Earnings Per Share | 0.54 X | ||||
| Market Capitalization | 707.28 M | ||||
| Total Asset | 539.69 M | ||||
| Retained Earnings | 34.66 M | ||||
| Working Capital | 8.53 M | ||||
About Pennant Performance
To evaluate Pennant Group Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Pennant generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Pennant Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Pennant Group market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Pennant's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 0.00000093 | 0.000001 | |
| Return On Tangible Assets | 0.04 | 0.03 | |
| Return On Capital Employed | 0.05 | 0.05 | |
| Return On Assets | 0.02 | 0.02 | |
| Return On Equity | 0.1 | 0.13 |
Things to note about Pennant Group performance evaluation
Checking the ongoing alerts about Pennant for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Pennant Group help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Over 88.0% of the company shares are owned by institutional investors | |
| Latest headline from zacks.com: DaVita Inc. Hit a 52 Week High, Can the Run Continue |
- Analyzing Pennant's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Pennant's stock is overvalued or undervalued compared to its peers.
- Examining Pennant's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Pennant's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Pennant's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Pennant's stock. These opinions can provide insight into Pennant's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pennant Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
Complementary Tools for Pennant Stock analysis
When running Pennant's price analysis, check to measure Pennant's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Pennant is operating at the current time. Most of Pennant's value examination focuses on studying past and present price action to predict the probability of Pennant's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pennant's price. Additionally, you may evaluate how the addition of Pennant to your portfolios can decrease your overall portfolio volatility.
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Is Pennant's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Pennant. If investors know Pennant will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Pennant listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 1.667 | Earnings Share 0.54 | Revenue Per Share 19.219 | Quarterly Revenue Growth 0.241 | Return On Assets 0.0331 |
The market value of Pennant Group is measured differently than its book value, which is the value of Pennant that is recorded on the company's balance sheet. Investors also form their own opinion of Pennant's value that differs from its market value or its book value, called intrinsic value, which is Pennant's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Pennant's market value can be influenced by many factors that don't directly affect Pennant's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Pennant's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pennant is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pennant's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.