(PNTG) Pennant - Ratings and Ratios

Pennant Group Inc (NASDAQ:PNTG) is a healthcare services provider operating in the US, focusing on home health, hospice, and senior living services. The companys diversified portfolio includes clinical services, such as therapy and medical social work, as well as residential accommodations and daily living assistance for seniors.

The companys operational footprint spans across multiple states, including Arizona, California, Colorado, Idaho, Montana, Nevada, Oklahoma, Oregon, Texas, Utah, Washington, Wisconsin, and Wyoming, with a mix of home health, hospice, and senior living communities. This geographic diversification likely provides a stable revenue stream and opportunities for growth.

Analyzing the provided , we observe that PNTGs stock has recently experienced a slight downturn, with the last price at $27.78, below its SMA20 of $28.36. However, it remains above its SMA50 of $27.52, indicating a potential short-term recovery. The 52-week high and low range ($36.88 - $22.04) suggests significant price volatility. Using this data, we can forecast a potential short-term price target of $30.50, based on a breakout above the SMA20 and a retracement to the mean.

From a fundamental perspective, PNTGs reveals a market capitalization of $953.76M USD, with a P/E ratio of 36.41 and a forward P/E of 24.51. The Return on Equity (RoE) stands at 11.03%. Considering these metrics, we can infer that the company is moderately valued, with a reasonable expectation of future earnings growth. By combining this data with the technical analysis, we forecast a 12-month price target of $35.00, driven by potential earnings growth and a recovering stock price.

To achieve this forecast, Pennant Group Inc will likely need to continue executing its growth strategy, expanding its operational footprint, and improving its operational efficiency. As the healthcare services market continues to grow, driven by an aging population and increasing demand for home-based care, PNTG is well-positioned to capitalize on these trends.