Analyst Expectations For Pennant Gr's Future
Portfolio Pulse from Benzinga Insights
Pennant Group Inc (NASDAQ:PNTG) has been analyzed by 4 analysts over the past three months, showing a range of perspectives from bullish to bearish. The average 12-month price target is $28.0, with a high of $34.00 and a low of $25.00. Recent analyst actions include rating upgrades and price target increases, reflecting positive sentiment. The company has shown strong financial performance with significant revenue growth, high net margins, and strong ROE and ROA, but faces challenges with a high debt-to-equity ratio.
August 08, 2024 | 4:00 pm
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Pennant Group Inc (NASDAQ:PNTG) has received mixed analyst ratings, with recent upgrades and an average price target of $28.0. The company has shown strong financial performance but faces high debt levels.
The recent analyst upgrades and increased price targets indicate positive sentiment towards PNTG. The company's strong financial performance, including high revenue growth and profitability, supports a likely short-term price increase. However, the high debt-to-equity ratio poses a risk that investors should monitor.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100