The Pennant Group Announces New 250 Million Credit Facility

PNTG Stock  USD 30.99  0.57  1.81%   
Roughly 62% of Pennant's investor base is looking to short. The analysis of overall sentiment of trading Pennant Group stock suggests that many investors are alarmed at this time. The current market sentiment, together with Pennant's historical and current headlines, can help investors time the market. In addition, many technical investors use Pennant Group stock news signals to limit their universe of possible portfolio assets.
  
EAGLE, Idaho, Aug. 01, 2024 -- The Pennant Group, Inc. , the parent company of the Pennant group of affiliated home health, hospice and senior living companies, today announced that the

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Pennant Fundamental Analysis

We analyze Pennant's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Pennant using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Pennant based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Working Capital

Working Capital Comparative Analysis

Pennant is currently under evaluation in working capital category among its peers. Working Capital is a measure of company efficiency and operating liquidity. The working capital is usually calculated by subtracting Current Liabilities from Current Assets. It is an important indicator of the firm ability to continue its normal operations without additional debt obligations. .

Pennant Group Potential Pair-trading

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Pennant stock to make a market-neutral strategy. Peer analysis of Pennant could also be used in its relative valuation, which is a method of valuing Pennant by comparing valuation metrics with similar companies.

Peers

Pennant Related Equities

EHABEnhabit   3.88   
0%
100.0%
CCMConcord Medical   2.00   
0%
51.0%
NHCNational HealthCare   1.40   
0%
36.0%
ADUSAddus HomeCare   1.15   
0%
29.0%
ENSGEnsign   0.81   
0%
20.0%
HCSGHealthcare Services   0.72   
0%
18.0%
INNVInnovAge Holding   0.63   
0%
16.0%
EHCEncompass Health   0.06   
1.0%
0%
ACHCAcadia Healthcare   0.21   
5.0%
0%
SEMSelect Medical   0.24   
6.0%
0%
MODVModivCare   1.50   
38.0%
0%
SGRYSurgery Partners   2.09   
53.0%
0%

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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