Pennant Financials

PNTG Stock  USD 31.71  1.15  3.76%   
Based on the key indicators related to Pennant's liquidity, profitability, solvency, and operating efficiency, Pennant Group may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. At this time, Pennant's Retained Earnings are most likely to increase significantly in the upcoming years. The Pennant's current Cash is estimated to increase to about 6.4 M, while Total Current Liabilities is projected to decrease to roughly 64.3 M. Key indicators impacting Pennant's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Net Profit Margin0.03050.0246
Fairly Up
Slightly volatile
Return On Assets0.02360.0248
Notably Down
Slightly volatile
Return On Equity0.130.0953
Significantly Up
Slightly volatile
Debt Equity Ratio0.380.5774
Way Down
Pretty Stable
Operating Income16.9 M25.2 M
Way Down
Slightly volatile
Current Ratio0.761.1192
Way Down
Slightly volatile
The essential information of the day-to-day investment outlook for Pennant includes many different criteria found on its balance sheet. An individual investor should monitor Pennant's cash flow, debt, and profitability to accurately make informed decisions on whether to invest in Pennant.

Net Income

7.39 Million

  
Understanding current and past Pennant Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Pennant's financial statements are interrelated, with each one affecting the others. For example, an increase in Pennant's assets may result in an increase in income on the income statement.

Pennant Stock Summary

Pennant competes with Encompass Health, Acadia Healthcare, Select Medical, Addus HomeCare, and Surgery Partners. The Pennant Group, Inc. provides healthcare services in the United States. The Pennant Group, Inc. was incorporated in 2019 and is headquartered in Eagle, Idaho. Pennant operates under Medical Care Facilities classification in the United States and is traded on NASDAQ Exchange. It employs 6441 people.
Specialization
Health Care, Health Care Equipment & Services
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS70805E1091
CUSIP70805E109
LocationIdaho; U.S.A
Business Address1675 East Riverside
SectorHealth Care Providers & Services
IndustryHealth Care
BenchmarkDow Jones Industrial
Websitewww.pennantgroup.com
Phone208 506 6100
CurrencyUSD - US Dollar

Pennant Key Financial Ratios

Pennant Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets447.8M507.0M530.3M512.1M539.7M427.9M
Other Current Liab28.3M26.1M36.2M20.7M23.6M28.8M
Other Liab2.9M11.9M5.3M6.3M7.2M5.8M
Net Tangible Assets(3.6M)(17.4M)(17.8M)(17.1M)(15.4M)(14.6M)
Net Debt334.5M319.0M350.1M324.5M323.6M259.5M
Retained Earnings(3.8M)11.9M14.6M21.3M34.7M36.4M
Accounts Payable8.7M9.8M10.6M13.6M10.8M9.6M
Cash402K43K5.2M2.1M6.1M6.4M
Other Assets3.4M315.6M8.7M12.7M14.6M13.9M
Long Term Debt18.5M8.3M51.4M62.9M63.9M32.2M
Net Receivables32.2M47.2M53.9M53.4M61.1M46.3M
Good Will41.2M66.4M74.3M79.5M91.0M64.6M
Long Term Debt Total18.5M8.3M51.4M62.9M72.3M75.9M
Capital Surpluse74.9M84.7M95.6M99.8M114.7M65.1M
Other Current Assets6.1M24.7M33.4M18.3M12.9M16.4M
Total Liab376.6M405.8M416.1M386.5M394.2M320.6M
Net Invested Capital89.6M104.9M161.6M183.9M204.3M134.4M
Total Current Assets38.7M59.6M75.8M73.8M80.1M60.3M
Net Working Capital(12.5M)(29.4M)4.2M3.6M8.5M9.0M
Short Term Debt12.3M28.2M16.1M33.3M34.2M19.5M
Intangible Assets33.5M47.5M53.7M58.6M67.7M48.6M

Pennant Key Income Statement Accounts

201920202021202220232024 (projected)
Tax Provision2.1M2.4M582K1.6M5.3M2.7M
Interest Expense410K1.2M1.9M3.8M5.9M6.2M
Total Revenue338.5M391.0M439.7M473.2M544.9M404.5M
Gross Profit44.6M54.9M45.7M58.6M67.0M51.4M
Operating Income5.7M18.9M4.7M19.7M25.2M16.9M
Ebit5.7M19.1M4.7M19.7M25.5M17.0M
Ebitda9.5M23.8M9.5M24.6M30.6M21.4M
Cost Of Revenue293.9M336.1M394.0M414.7M477.9M353.0M
Income Before Tax5.3M17.9M2.7M8.9M19.6M10.3M
Net Income2.5M15.7M2.1M6.6M13.4M7.4M
Income Tax Expense2.1M2.4M582K1.6M5.7M6.0M
Minority Interest4.6M(191K)548K(600K)(564K)(535.8K)

Pennant Key Cash Accounts

201920202021202220232024 (projected)
Change To Inventory3.0M1.8M269K9.7M11.1M11.7M
Investments(26.5M)(41.6M)(20.1M)(24.2M)(21.6M)(22.7M)
Change In Cash361K(359K)5.1M(3.1M)4.0M4.2M
Free Cash Flow2.8M43.0M(24.5M)(5.1M)25.0M26.2M
Depreciation3.8M4.7M4.8M4.9M5.1M4.4M
Other Non Cash Items1.2M890K3.9M1.6M1.2M1.6M
Capital Expenditures6.7M7.3M6.3M14.2M8.1M7.3M
Net Income3.2M15.6M2.1M7.2M13.9M7.6M
End Period Cash Flow402K43K5.2M2.1M6.1M6.4M
Change To Netincome4.9M6.7M11.2M5.9M6.8M6.7M

Pennant Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Pennant's current stock value. Our valuation model uses many indicators to compare Pennant value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Pennant competition to find correlations between indicators driving Pennant's intrinsic value. More Info.
Pennant Group is regarded fifth in return on equity category among its peers. It is rated below average in return on asset category among its peers reporting about  0.28  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Pennant Group is roughly  3.57 . At this time, Pennant's Return On Equity is most likely to slightly decrease in the upcoming years. Comparative valuation analysis is a catch-all technique that is used if you cannot value Pennant by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Pennant Group Systematic Risk

Pennant's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Pennant volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Pennant Group correlated with the market. If Beta is less than 0 Pennant generally moves in the opposite direction as compared to the market. If Pennant Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Pennant Group is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Pennant is generally in the same direction as the market. If Beta > 1 Pennant moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in Pennant Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Pennant's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Pennant growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.34

At this time, Pennant's Price Earnings To Growth Ratio is most likely to slightly decrease in the upcoming years.

Pennant November 28, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Pennant help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Pennant Group. We use our internally-developed statistical techniques to arrive at the intrinsic value of Pennant Group based on widely used predictive technical indicators. In general, we focus on analyzing Pennant Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Pennant's daily price indicators and compare them against related drivers.

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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