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Hot Stocks
The Pennant Group acquires CMS Home Health Care in Texas » 16:32
09/16/20
09/16
16:32
09/16/20
16:32
PNTG

The Pennant Group

$35.33 /

+1.63 (+4.84%)

The Pennant Group has…

The Pennant Group has acquired the assets of CMS Home Health Care, which has locations in Brownwood and Coleman, Texas. The acquisition was effective September 16.

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PNTG The Pennant Group
$35.33 /

+1.63 (+4.84%)

PNTG The Pennant Group
$35.33 /

+1.63 (+4.84%)

08/13/20 Truist
The Pennant Group price target raised to $40 from $25 at Truist
08/13/20 Stephens
The Pennant Group price target raised to $44 from $30 at Stephens
07/21/20
Fly Intel: Top five analyst initiations
07/20/20 Stephens
The Pennant Group initiated with an Overweight at Stephens
PNTG The Pennant Group
$35.33 /

+1.63 (+4.84%)

Over a month ago
Recommendations
The Pennant Group price target raised to $40 from $25 at Truist » 07:41
08/13/20
08/13
07:41
08/13/20
07:41
PNTG

The Pennant Group

$36.82 /

+10.66 (+40.75%)

Truist analyst David…

Truist analyst David MacDonald raised the firm's price target on The Pennant Group to $40 from $25 but keeps a Hold rating on the shares after its Q2 earnings beat. The analyst is citing the company's "solid volumes", "strong" cost management, and "robust" cash flows in the quarter, along with a raise in its FY20 guidance. MacDonald adds that Pennant's leadership is "differentiating", with high financial flexibility and "ample" market share gain opportunities from M&A, but sees the relative valuation on the stock as "full" in spite of its "sizable" senior living services business.

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PNTG The Pennant Group
$36.82 /

+10.66 (+40.75%)

PNTG The Pennant Group
$36.82 /

+10.66 (+40.75%)

08/13/20 Stephens
The Pennant Group price target raised to $44 from $30 at Stephens
07/21/20
Fly Intel: Top five analyst initiations
07/20/20 Stephens
The Pennant Group initiated with an Overweight at Stephens
05/21/20 Truist
SunTrust raises price targets across select Healthcare Services names
PNTG The Pennant Group
$36.82 /

+10.66 (+40.75%)

Recommendations
The Pennant Group price target raised to $44 from $30 at Stephens » 06:38
08/13/20
08/13
06:38
08/13/20
06:38
PNTG

The Pennant Group

$36.82 /

+10.66 (+40.75%)

Stephens analyst Scott…

Stephens analyst Scott Fidel raised the firm's price target on The Pennant Group to $44 from $30 and keeps an Overweight rating on the shares. While Fidel suspected Pennant would deliver solid HH&H earnings upside in Q2 given the favorable results from peers, the performance on margins was sharply ahead of Street expectations. The analyst sees strong organic and inorganic prospects ahead in 2H and 2021 in Pennant's HH&H segment.

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PNTG The Pennant Group
$36.82 /

+10.66 (+40.75%)

PNTG The Pennant Group
$36.82 /

+10.66 (+40.75%)

07/21/20
Fly Intel: Top five analyst initiations
07/20/20 Stephens
The Pennant Group initiated with an Overweight at Stephens
05/21/20 Truist
SunTrust raises price targets across select Healthcare Services names
01/15/20 Truist
The Pennant Group initiated with a Hold at SunTrust
PNTG The Pennant Group
$36.82 /

+10.66 (+40.75%)

Earnings
The Pennant Group sees FY20 EPS 71c-78c, consensus 48c » 16:32
08/11/20
08/11
16:32
08/11/20
16:32
PNTG

The Pennant Group

$26.11 /

-2.63 (-9.15%)

Management raised its…

Management raised its 2020 annual adjusted EPS guidance to a range of 71c-78c, the midpoint of which represents a 34.2% increase over the midpoint of management's previous guidance, and reaffirms its annual revenue guidance of $376M-386M. The company's revised 2020 guidance is based on diluted weighted average shares outstanding of approximately 30M and a 26.4% effective tax rate. In addition, the guidance assumes, among other things, anticipated reimbursement rate adjustments, including the impact of PDGM, no unannounced acquisitions, and no material impact from the resurgence of COVID-19. It excludes costs at start-up operations, share-based compensation, acquisition-related costs, COVID-19 costs and certain redundant or nonrecurring general and administrative costs incurred during the transition services period.

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PNTG The Pennant Group
$26.11 /

-2.63 (-9.15%)

PNTG The Pennant Group
$26.11 /

-2.63 (-9.15%)

07/21/20
Fly Intel: Top five analyst initiations
07/20/20 Stephens
The Pennant Group initiated with an Overweight at Stephens
05/21/20 Truist
SunTrust raises price targets across select Healthcare Services names
01/15/20 Truist
The Pennant Group initiated with a Hold at SunTrust
PNTG The Pennant Group
$26.11 /

-2.63 (-9.15%)

Earnings
The Pennant Group reports Q2 adjusted EPS 24c, consensus 9c » 16:30
08/11/20
08/11
16:30
08/11/20
16:30
PNTG

The Pennant Group

$26.11 /

-2.63 (-9.15%)

Reports Q2 revenue…

Reports Q2 revenue $92.7M, consensus $95.48M.

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PNTG The Pennant Group
$26.11 /

-2.63 (-9.15%)

PNTG The Pennant Group
$26.11 /

-2.63 (-9.15%)

07/21/20
Fly Intel: Top five analyst initiations
07/20/20 Stephens
The Pennant Group initiated with an Overweight at Stephens
05/21/20 Truist
SunTrust raises price targets across select Healthcare Services names
01/15/20 Truist
The Pennant Group initiated with a Hold at SunTrust
PNTG The Pennant Group
$26.11 /

-2.63 (-9.15%)

Initiation
Fly Intel: Top five analyst initiations » 10:06
07/21/20
07/21
10:06
07/21/20
10:06
PNTG

The Pennant Group

$20.73 /

+ (+0.00%)

, XENE

Xenon Pharmaceuticals

$13.17 /

+0.37 (+2.89%)

, API

Agora

$49.13 /

-0.67 (-1.35%)

, FUSN

Fusion Pharmaceuticals

$16.00 /

+0.62 (+4.03%)

, WSC

WillScot Mobile Mini

$14.39 /

+0.38 (+2.71%)

Catch up on today's…

Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. The Pennant Group (PNTG) initiated with an Overweight at Stephens. 2. Xenon Pharmaceuticals (XENE) initiated with a Buy at Needham. 3. Agora (API) was initiated with an Equal Weight at Morgan Stanley and a Buy at Needham. 4. Fusion Pharmaceuticals (FUSN) was initiated with an Outperform at Cowen and Wedbush, an Overweight at Morgan Stanley, and a Buy at Jefferies. 5. WillScot Mobile Mini (WSC) resumed with an Overweight at Morgan Stanley. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.

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XENE Xenon Pharmaceuticals
$13.17 /

+0.37 (+2.89%)

WSC WillScot Mobile Mini
$14.39 /

+0.38 (+2.71%)

PNTG The Pennant Group
$20.73 /

+ (+0.00%)

PNTG The Pennant Group
$20.73 /

+ (+0.00%)

07/20/20 Stephens
The Pennant Group initiated with an Overweight at Stephens
05/21/20 Truist
SunTrust raises price targets across select Healthcare Services names
01/15/20 Truist
The Pennant Group initiated with a Hold at SunTrust
01/15/20 Truist
The Pennant Group initiated with a Hold at SunTrust
XENE Xenon Pharmaceuticals
$13.17 /

+0.37 (+2.89%)

07/21/20 Needham
Xenon Pharmaceuticals initiated with a Buy at Needham
07/20/20 Needham
Xenon Pharmaceuticals initiated with a Buy at Needham
06/01/20
Fly Intel: Top five analyst initiations
05/31/20 Jefferies
Xenon Pharmaceuticals assumed with a Buy at Jefferies
API Agora
$49.13 /

-0.67 (-1.35%)

07/21/20 Morgan Stanley
Agora initiated with an Equal Weight at Morgan Stanley
07/21/20 Needham
Agora initiated with a Buy at Needham
06/30/20 Stephens
Agora IPO spotlights undervaluing of Vonage's API growth, says Stephens
FUSN Fusion Pharmaceuticals
$16.00 /

+0.62 (+4.03%)

07/21/20 Morgan Stanley
Fusion Pharmaceuticals initiated with an Overweight at Morgan Stanley
07/21/20 Wedbush
Wedbush bullish on Fusion Pharmaceuticals, initiates with an Outperform
07/21/20 Jefferies
Fusion Pharmaceuticals initiated with a Buy at Jefferies
07/21/20 Wedbush
Fusion Pharmaceuticals initiated with an Outperform at Wedbush
WSC WillScot Mobile Mini
$14.39 /

+0.38 (+2.71%)

07/21/20 Morgan Stanley
WillScot Mobile Mini resumed with an Overweight at Morgan Stanley
07/02/20 Deutsche Bank
WillScot resumed with a Buy at Deutsche Bank
07/01/20
Fly Intel: Top five analyst initiations
06/30/20 Stifel
WillScot initiated with a Buy at Stifel
XENE Xenon Pharmaceuticals
$13.17 /

+0.37 (+2.89%)

WSC WillScot Mobile Mini
$14.39 /

+0.38 (+2.71%)

PNTG The Pennant Group
$20.73 /

+ (+0.00%)

  • 26
    Jun
  • 26
    Jun
  • 22
    Jan
XENE Xenon Pharmaceuticals
$13.17 /

+0.37 (+2.89%)

API Agora
$49.13 /

-0.67 (-1.35%)

Initiation
The Pennant Group initiated with an Overweight at Stephens » 16:16
07/20/20
07/20
16:16
07/20/20
16:16
PNTG

The Pennant Group

$20.68 /

+0.51 (+2.53%)

Stephens analyst Scott…

Stephens analyst Scott Fidel initiated coverage of The Pennant Group with an Overweight rating and $30 price target. The stock is 42% off recent highs, which he sees presenting an attractive entry point for investors seeking exposure to an early-stage growth company highly levered to the home health and hospice sector, Fidel said.

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PNTG The Pennant Group
$20.68 /

+0.51 (+2.53%)

PNTG The Pennant Group
$20.68 /

+0.51 (+2.53%)

05/21/20 Truist
SunTrust raises price targets across select Healthcare Services names
01/15/20 Truist
The Pennant Group initiated with a Hold at SunTrust
01/15/20 Truist
The Pennant Group initiated with a Hold at SunTrust
10/31/19 Stifel
Ensign Group upgraded to Buy from Hold at Stifel
PNTG The Pennant Group
$20.68 /

+0.51 (+2.53%)

Hot Stocks
The Pennant Group acquires assets of two home health agencies, hospice agencies » 16:32
07/01/20
07/01
16:32
07/01/20
16:32
PNTG

The Pennant Group

$22.83 /

+0.22 (+0.97%)

The Pennant Group…

The Pennant Group announced that it has acquired the assets of two home health agencies and two hospice agencies with multiple locations across Southeastern Idaho and Northern Utah. "We are pleased to be entrusted with these agencies to further the excellent care these local teams provide to patients and their families," said Daniel Walker, Pennant's CEO. "This off-market acquisition is further evidence our cluster-driven disciplined growth strategy enables us to execute on multiple transactions across different markets through various regulatory and operating environments," he added.

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PNTG The Pennant Group
$22.83 /

+0.22 (+0.97%)

PNTG The Pennant Group
$22.83 /

+0.22 (+0.97%)

05/21/20 Truist
SunTrust raises price targets across select Healthcare Services names
01/15/20 Truist
The Pennant Group initiated with a Hold at SunTrust
01/15/20 Truist
The Pennant Group initiated with a Hold at SunTrust
10/31/19 Stifel
Ensign Group upgraded to Buy from Hold at Stifel
PNTG The Pennant Group
$22.83 /

+0.22 (+0.97%)

Conference/Events
The Pennant Group management to meet virtually with William Blair » 04:55
06/30/20
06/30
04:55
06/30/20
04:55
PNTG

The Pennant Group

$22.34 /

+1.46 (+6.99%)

Virtual Meeting to be…

Virtual Meeting to be held on June 30 hosted by William Blair.

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PNTG The Pennant Group
$22.34 /

+1.46 (+6.99%)

PNTG The Pennant Group
$22.34 /

+1.46 (+6.99%)

05/21/20 Truist
SunTrust raises price targets across select Healthcare Services names
01/15/20 Truist
The Pennant Group initiated with a Hold at SunTrust
01/15/20 Truist
The Pennant Group initiated with a Hold at SunTrust
10/31/19 Stifel
Ensign Group upgraded to Buy from Hold at Stifel
PNTG The Pennant Group
$22.34 /

+1.46 (+6.99%)

Over a quarter ago
Conference/Events
The Pennant Group management to meet virtually with William Blair » 09:56
06/26/20
06/26
09:56
06/26/20
09:56
PNTG

The Pennant Group

$21.16 /

-0.02 (-0.09%)

Virtual Meeting to be…

Virtual Meeting to be held on June 30 hosted by William Blair.

ShowHide Related Items >><<
PNTG The Pennant Group
$21.16 /

-0.02 (-0.09%)

PNTG The Pennant Group
$21.16 /

-0.02 (-0.09%)

05/21/20 Truist
SunTrust raises price targets across select Healthcare Services names
01/15/20 Truist
The Pennant Group initiated with a Hold at SunTrust
01/15/20 Truist
The Pennant Group initiated with a Hold at SunTrust
10/31/19 Stifel
Ensign Group upgraded to Buy from Hold at Stifel
PNTG The Pennant Group
$21.16 /

-0.02 (-0.09%)

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