Pennant Group Receives Hold Rating from Truist Financial Analyst

Truist Financial analyst David S Macdonald maintained a Hold rating on Pennant Group (PNTG) with a $33.00 average price target, representing a 48.25% upside. The company has a P/E ratio of 29.04 and a market cap of $764.9M. Corporate insider sentiment is negative, with an increase in insiders selling their shares.

July 02, 2025 - Truist Financial analyst David S. Macdonald has maintained a Hold rating on Pennant Group (PNTG) with a $33.00 average price target, representing a 48.25% upside. The company has a P/E ratio of 29.04 and a market cap of $764.9M. Despite the analyst's neutral stance, the stock has shown recent positive momentum, with the stock price gaining 0.315% on the last trading day (Wednesday, 6th Aug 2025), rising from $22.19 to $22.26 [1].

The stock has been trading within a wide and falling trend in the short term, which may present a buying opportunity if the lower trend floor at $21.70 is broken. However, the stock is expected to fall -22.31% during the next 3 months, with a 90% probability of holding a price between $16.86 and $20.70 at the end of this period [1].

Truist Financial's price target of $33.00 suggests that the analyst believes the stock has room for growth, but the current corporate insider sentiment is negative, with an increase in insiders selling their shares. This could indicate that insiders have a more bearish view on the stock's future prospects [2].

The stock's recent performance and the analyst's price target suggest that while there is potential for upside, investors should approach PNTG with caution. The stock's negative insider sentiment and the analyst's neutral rating indicate that there may be more downside risk than upside potential.

References:
[1] https://stockinvest.us/stock/PNTG
[2] https://www.marketscreener.com/news/pennant-group-q2-revenue-beats-expectations-ce7c5ededa80f626