WallStreetZenWallStreetZen

How to Buy Pennant Group Stock

Pennant Group Inc

The Pennant Group, Inc. provides healthcare services in the United States. It operates in two segments, Home Health and Hospice Services, and Senior Living Services.

Pennant Group stock last closed at $21.20, down 0.28% from the previous day, and has increased 59.52% in one year. It has overperformed other stocks in the Medical Care Facilities industry by 0.52 percentage points. Pennant Group stock is currently +105.63% from its 52-week low of $10.31, and -2.03% from its 52-week high of $21.64.

There are currently 30.01M PNTG shares outstanding. The market cap of PNTG is $636.27M. In the last 24 hours, 155,910 PNTG shares were traded.

How to Buy Pennant Group Stock

Wondering how to invest in Pennant Group stock? Here's how.
  1. Figure out where to buy Pennant Group stock: You need to choose a stock brokerage, but don't worry - we've tested dozens of online brokerages and apps to help you figure out where to buy Pennant Group stock.
  2. Open a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
  3. Put funds into your brokerage account: Pick your method of payment and add your information.
  4. Analyze Pennant Group stock: The Pennant Group ticker symbol is PNTG. Is Pennant Group stock a good investment? Should you buy shares of PNTG? How do PNTG's underlying business fundamentals look? Do top analysts think Pennant Group is a good buy? Why has PNTG's stock price moved recently? (Hint: Our stock market analysis website can help you evaluate if PNTG is a good stock to buy).
  5. Make your PNTG purchase: Decide if you will purchase PNTG shares at the current market price or use a limit order to buy PNTG shares at a particular price.
  6. Monitor your PNTG position: Create a watchlist to monitor your investment in Pennant Group stock.

Step 1: Figure out where to buy Pennant Group stock

You need a brokerage account in order to access the NASDAQ market and buy PNTG stock.

A brokerage account is an investment account that allows you to buy and sell a number of investments, including stocks, bonds, mutual funds, and ETFs.

Our preferred brokerage: eToro

Based on our experience, eToro is the best stock brokerage. eToro gives you:

  • You can invest in stocks with zero commissions: Invest without commissions.
  • Buy fractional shares: Even if you can't afford a full share, you can still invest in the stock.
  • Access to global markets: From Technology to Real Estate, New York to Tokyo — you can fill your portfolio with stocks from the world's top stock exchanges.
  • Social investing: eToro has a community with more than 20 million users globally. Talk to, learn from, and copy the crypto trades of top investors.
  • Security: eToro is a regulated and licensed fintech leader.
  • Buy other financial assets: Such as ETFs and cryptocurrencies.

Get $10 towards your purchase of shares by opening an account with eToro now.

Open eToro Account
eToro securities trading is offered by eToro USA Securities, Inc. (“the BD”), member of FINRA and SIPC. Cryptocurrency is offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. https://www.wallstreetzen.com is not an affiliate and may be compensated if you access certain products or services offered by the MSB and/or the BD.

Step 2: Open a brokerage account

Now that you've selected the best brokerage, you'll need to fill out some personal information so you are able to buy PNTG stock today.

How to Create a New Brokerage Account on eToro

  1. Click here to get started.
    eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
  2. Input your personal data to start your new trading account.
  1. Submit your details by hitting the "Create Account" button.
  2. Get started with eToro today
    eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Step 3: Put funds into your brokerage account

Now that you have filled out your info on the best stock market app, you can securely and quickly fund your account:

Watch the video below to see the process of depositing money into your brokerage account.

Get started with eToro today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Step 4: Analyze Pennant Group stock

After you have identified the best place to buy Pennant Group stock, it's absolutely critical to research their stock before you invest, so you actually wrap your head around the risk as well as the opportunity.

Pennant Group shares quick numbers

PNTG Price
$21.20
1w %
4.38%
1y %
59.52%
5y %
N/A
P/E
47.11x
P/B
4.53x
P/S
1.16x
PEG
N/A
Revenue
$544.89M
Earnings
$13.38M
Fore. Rev. Growth
7.6%
Fore. Earn. Growth
N/A
Market Cap
$636.27M
Next Earnings
May 6, 2024
Next Dividend
N/A

Pennant Group Fundamentals

WallStreetZen was designed to help everyday investors do more in-depth fundamental analysis quickly.

You can view all of the due diligence checks on PNTG's stock page.

How is PNTG stock valued?

You can use a variety of different financial metrics, analyses, models, and charts to gauge PNTG's intrinsic value.

Using relative valuations measures:

  • PNTG could be undervalued based on its P/E ratio of 47.11x, relative to Medical Care Facilities industry P/E ratio of -7.58x
  • PNTG may be overvalued based on its P/B ratio of 4.53x, relative to Medical Care Facilities industry P/B ratio of 4.35x

You can do additional valuation analysis on PNTG's stock here.

Is PNTG a healthy company?

Pros:

  • There are more short-term assets than short-term liabilities on the PNTG balance sheet.
  • PNTG profit margin has gone up from 1.4% to 2.5% in the past year.

Cons:

  • PNTG's operating cash flow of $33.09M allows it to safely service it's debt of $329.63M.
  • There are more long-term liabilities than short-term assets on the PNTG balance sheet.
  • PNTG earnings of $24.98M is not enough to cover its interest payments.
  • PNTG has a relatively high debt to equity ratio of 2.81.
  • Total PNTG debt is higher than 5 years ago, relative to shareholder equity.

Is PNTG stock a Buy, Hold, or Sell, according to Wall Street analysts?

Out of 3 Equities analysts who track PNTG, the consensus analyst rating on PNTG is a Buy

Please keep in mind that analyst forecasts are not recommendations, nor are they financial advice.

You can dig deeper into what analysts are saying on the Pennant Group stock forecast page.

Metrics for Advanced PNTG Traders

SMA10
20.84
SMA20
20.55
SMA50
19.55
SMA100
17.27
SMA200
14.54
MACD
0.44
MACD Signal
0.44
MACD Histogram
0
RSI
61.8
Stochastic %K
79.31
Stochastic %D
73.77
StochRSI %K
45.62
StochRSI %D
36.64

PNTG Growth Numbers

Last year, PNTG earnings were $13.38M. Over the past 5 year, PNTG's earnings have grown by -4.95% per year. This was slower than the Medical Care Facilities industry average of 29.38%.

Last year, PNTG revenue was $544.89M. During the last five year, PNTG's revenue has gone up by 13.76% per year. This was faster than the Medical Care Facilities industry average of 7.78%.

Learn more about PNTG's earnings and revenue performance here.

Latest Insiders Trades at PNTG

Over the past year, executives and large shareholders at PNTG have bought more shares than they have sold.

Joanne Stringfield, Director of PNTG, was the latest PNTG insider to sell. They sold $4,747.20 worth of PNTG stock on Apr 19, 2024.

Get more info about who owns PNTG stock here.

Can I get consistent income from PNTG stock?

No, Pennant Group doesn't provide an income stream by paying out dividends.

Get analysis from other investors

One of the biggest reasons eToro is our highest-rated brokerage is because of its social trading community.

Click below to find out what other investors have to say.

Step 5: Make your PNTG purchase

There are two main options:

  • Market order: A market order is an order to buy or sell a security at the best price on the market.
    Market orders are generally the easiest way to buy.
  • Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
    If you want to be certain you're buying or selling at an exact price limit, use a limit order.

Hit the Open Trade button and your broker will place your order.

If you want additional help with investing in stocks on eToro, watch the helpful video below:

Open eToro Account

Step 6: Monitor your PNTG position

Now that you own some PNTG shares, you'll want to stay up-to-date on your shares.

Add PNTG to a watchlist to track your PNTG stock.

PNTG Feed

How to Buy Stock in Pennant Group

To summarize, here are the 6 steps to buy Pennant Group stock:

  1. Figure out where to buy Pennant Group stock
  2. Open a brokerage account
  3. Put funds into your brokerage account
  4. Analyze Pennant Group stock
  5. Make your PNTG purchase
  6. Monitor your PNTG position

If you require a brokerage, eToro is our recommended option.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to keep tabs on your investment in Pennant Group, create your watchlist below.

NASDAQ: PNTG
$21.20-0.06 (-0.28%)
Updated May 2, 2024
Open eToro Account
NASDAQ: PNTG
$21.20-0.06 (-0.28%)
Updated May 2, 2024
Open eToro Account

FAQ

How much does it cost to buy one Pennant Group share?

As of May 2, 2024, it costs $21.20 to buy one share of Pennant Group stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.472 shares of PNTG.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Pennant Group stock?

According to 3 Wall Street analysts who monitor Pennant Group, their consensus recommendation is to buy Pennant Group stock.

What is the best way to buy Pennant Group stock?

One way to place an order for Pennant Group stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.