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Pennant Group Inc
Buy, Hold or Sell?

Let's analyse Pennant Group Inc together

PenkeI guess you are interested in Pennant Group Inc. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Pennant Group Inc. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of Pennant Group Inc (30 sec.)










What can you expect buying and holding a share of Pennant Group Inc? (30 sec.)

How much money do you get?

How much money do you get?
$0.00
When do you have the money?
1 year
How often do you get paid?
9.5%

What is your share worth?

Current worth
$4.43
Expected worth in 1 year
$4.90
How sure are you?
81.0%

+ What do you gain per year?

Total Gains per Share
$0.48
Return On Investment
4.2%

For what price can you sell your share?

Current Price per Share
$11.36
Expected price per share
$10.85 - $13.73
How sure are you?
50%
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1. Valuation of Pennant Group Inc (5 min.)




Live pricePrice per Share (EOD)

$11.36

Intrinsic Value Per Share

$-12.62 - $-15.14

Total Value Per Share

$-8.19 - $-10.71

2. Growth of Pennant Group Inc (5 min.)




Is Pennant Group Inc growing?

Current yearPrevious yearGrowGrow %
How rich?$133.6m$116m$11.3m8.9%

How much money is Pennant Group Inc making?

Current yearPrevious yearGrowGrow %
Making money$3.2m-$621.5k$3.8m119.2%
Net Profit Margin2.6%-0.5%--

How much money comes from the company's main activities?

3. Financial Health of Pennant Group Inc (5 min.)




4. Comparing to competitors in the Medical Care Facilities industry (5 min.)




  Industry Rankings (Medical Care Facilities)  


Richest
#100 / 196

Most Revenue
#97 / 196

Most Profit
#91 / 196
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What can you expect buying and holding a share of Pennant Group Inc? (5 min.)

Welcome investor! Pennant Group Inc's management wants to use your money to grow the business. In return you get a share of Pennant Group Inc.

What can you expect buying and holding a share of Pennant Group Inc?

First you should know what it really means to hold a share of Pennant Group Inc. And how you can make/lose money.

Speculation

The Price per Share of Pennant Group Inc is $11.36. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Pennant Group Inc.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Pennant Group Inc, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is $4.43. Based on the TTM, the Book Value Change Per Share is $0.12 per quarter. Based on the YOY, the Book Value Change Per Share is $0.09 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is $0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Pennant Group Inc.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 $% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share
Usd Eps0.090.8%0.110.9%-0.02-0.2%0.090.8%0.090.8%
Usd Book Value Change Per Share0.141.2%0.121.0%0.090.8%0.221.9%0.211.9%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.060.5%0.060.5%
Usd Total Gains Per Share0.141.2%0.121.0%0.090.8%0.282.5%0.272.3%
Usd Price Per Share12.28-11.99-20.65-19.19-18.27-
Price to Earnings Ratio33.14-32.84-48.73-50.18-47.79-
Price-to-Total Gains Ratio86.69-119.68-242.43-131.34-131.34-
Price to Book Ratio2.77-2.83-5.39-5.81-5.53-
Price-to-Total Gains Ratio86.69-119.68-242.43-131.34-131.34-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share11.36
Number of shares88
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.06
Usd Book Value Change Per Share0.120.22
Usd Total Gains Per Share0.120.28
Gains per Quarter (88 shares)10.4624.67
Gains per Year (88 shares)41.8498.66
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
104232217889
20847441156188
3012611662234287
4016715883312386
50209200104390485
60251242124468584
70293284145546683
80335326166623782
90377368187701881
100418410207779980

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share4.00.00.0100.0%10.02.00.083.3%17.03.00.085.0%18.03.00.085.7%18.03.00.085.7%
Book Value Change Per Share4.00.00.0100.0%12.00.00.0100.0%17.02.01.085.0%17.02.02.081.0%17.02.02.081.0%
Dividend per Share0.00.04.00.0%1.00.011.08.3%2.00.018.010.0%2.00.019.09.5%2.00.019.09.5%
Total Gains per Share4.00.00.0100.0%12.00.00.0100.0%17.02.01.085.0%17.02.02.081.0%17.02.02.081.0%
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Fundamentals of Pennant Group Inc

About 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. The company offers home health services, including clinical services, such as nursing, speech, occupational and physical therapy, medical social work, and home health aide services; and hospice services comprising clinical care, education, and counseling services for the physical, spiritual, and psychosocial needs of terminally ill patients and their families. It also provides senior living services, such as residential accommodations, activities, meals, housekeeping, and assistance in the activities of daily living to seniors, who are independent or who require some support. The company operates home health, hospice, and senior living communities throughout Arizona, California, Colorado, Idaho, Iowa, Montana, Nevada, Oklahoma, Oregon, Texas, Utah, Washington, Wisconsin, and Wyoming. The Pennant Group, Inc. was incorporated in 2019 and is headquartered in Eagle, Idaho.

Fundamental data was last updated by Penke on 2023-09-29 18:48:04.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a profit.
Using its assets, the company is inefficient in making profit.
Using its investors money, the company is inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating less efficient.
The company is less efficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is just able to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is just able to pay all its debts by selling its assets.
The company is unable to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is underpriced.
Based on the earnings, the company is overpriced.
Based on how much money comes from the company's main activities, the company is cheap.
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1.1. Profitability of Pennant Group Inc.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Pennant Group Inc earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare Pennant Group Inc to the Medical Care Facilities industry mean.
  • A Net Profit Margin of 2.1% means that $0.02 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Pennant Group Inc:

  • The MRQ is 2.1%. The company is making a profit. +1
  • The TTM is 2.6%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ2.1%TTM2.6%-0.5%
TTM2.6%YOY-0.5%+3.1%
TTM2.6%5Y2.1%+0.5%
5Y2.1%10Y2.2%-0.1%
Compared to industry (Medical Care Facilities)
PeriodCompanyIndustry (mean)+/- 
MRQ2.1%2.4%-0.3%
TTM2.6%2.5%+0.1%
YOY-0.5%4.8%-5.3%
5Y2.1%3.4%-1.3%
10Y2.2%3.4%-1.2%
1.1.2. Return on Assets

Shows how efficient Pennant Group Inc is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Pennant Group Inc to the Medical Care Facilities industry mean.
  • 0.5% Return on Assets means that Pennant Group Inc generated $0.01 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Pennant Group Inc:

  • The MRQ is 0.5%. Using its assets, the company is inefficient in making profit. -1
  • The TTM is 0.6%. Using its assets, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ0.5%TTM0.6%-0.1%
TTM0.6%YOY-0.1%+0.8%
TTM0.6%5Y0.5%+0.1%
5Y0.5%10Y0.5%+0.0%
Compared to industry (Medical Care Facilities)
PeriodCompanyIndustry (mean)+/- 
MRQ0.5%0.8%-0.3%
TTM0.6%0.6%+0.0%
YOY-0.1%1.2%-1.3%
5Y0.5%0.9%-0.4%
10Y0.5%1.0%-0.5%
1.1.3. Return on Equity

Shows how efficient Pennant Group Inc is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Pennant Group Inc to the Medical Care Facilities industry mean.
  • 2.2% Return on Equity means Pennant Group Inc generated $0.02 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Pennant Group Inc:

  • The MRQ is 2.2%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 2.7%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ2.2%TTM2.7%-0.5%
TTM2.7%YOY-0.6%+3.2%
TTM2.7%5Y2.4%+0.2%
5Y2.4%10Y2.6%-0.2%
Compared to industry (Medical Care Facilities)
PeriodCompanyIndustry (mean)+/- 
MRQ2.2%2.2%0.0%
TTM2.7%2.1%+0.6%
YOY-0.6%3.1%-3.7%
5Y2.4%2.5%-0.1%
10Y2.6%2.7%-0.1%
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1.2. Operating Efficiency of Pennant Group Inc.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Pennant Group Inc is operating .

  • Measures how much profit Pennant Group Inc makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Pennant Group Inc to the Medical Care Facilities industry mean.
  • An Operating Margin of 4.8% means the company generated $0.05  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Pennant Group Inc:

  • The MRQ is 4.8%. The company is operating less efficient.
  • The TTM is 4.8%. The company is operating less efficient.
Trends
Current periodCompared to+/- 
MRQ4.8%TTM4.8%-0.1%
TTM4.8%YOY1.1%+3.7%
TTM4.8%5Y3.5%+1.3%
5Y3.5%10Y3.6%-0.2%
Compared to industry (Medical Care Facilities)
PeriodCompanyIndustry (mean)+/- 
MRQ4.8%6.9%-2.1%
TTM4.8%5.3%-0.5%
YOY1.1%8.1%-7.0%
5Y3.5%7.0%-3.5%
10Y3.6%7.7%-4.1%
1.2.2. Operating Ratio

Measures how efficient Pennant Group Inc is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Medical Care Facilities industry mean).
  • An Operation Ratio of 0.95 means that the operating costs are $0.95 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Pennant Group Inc:

  • The MRQ is 0.953. The company is less efficient in keeping operating costs low.
  • The TTM is 0.951. The company is less efficient in keeping operating costs low.
Trends
Current periodCompared to+/- 
MRQ0.953TTM0.951+0.001
TTM0.951YOY0.988-0.037
TTM0.9515Y0.965-0.014
5Y0.96510Y0.999-0.034
Compared to industry (Medical Care Facilities)
PeriodCompanyIndustry (mean)+/- 
MRQ0.9531.207-0.254
TTM0.9511.186-0.235
YOY0.9881.107-0.119
5Y0.9651.118-0.153
10Y0.9991.081-0.082
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1.3. Liquidity of Pennant Group Inc.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Pennant Group Inc is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Medical Care Facilities industry mean).
  • A Current Ratio of 1.05 means the company has $1.05 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Pennant Group Inc:

  • The MRQ is 1.046. The company is just able to pay all its short-term debts.
  • The TTM is 1.008. The company is just able to pay all its short-term debts.
Trends
Current periodCompared to+/- 
MRQ1.046TTM1.008+0.038
TTM1.008YOY1.056-0.047
TTM1.0085Y0.839+0.170
5Y0.83910Y0.799+0.040
Compared to industry (Medical Care Facilities)
PeriodCompanyIndustry (mean)+/- 
MRQ1.0461.269-0.223
TTM1.0081.312-0.304
YOY1.0561.411-0.355
5Y0.8391.371-0.532
10Y0.7991.370-0.571
1.3.2. Quick Ratio

Measures if Pennant Group Inc is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Pennant Group Inc to the Medical Care Facilities industry mean.
  • A Quick Ratio of 0.88 means the company can pay off $0.88 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Pennant Group Inc:

  • The MRQ is 0.878. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.809. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.878TTM0.809+0.069
TTM0.809YOY0.802+0.007
TTM0.8095Y0.678+0.130
5Y0.67810Y0.646+0.032
Compared to industry (Medical Care Facilities)
PeriodCompanyIndustry (mean)+/- 
MRQ0.8780.873+0.005
TTM0.8090.867-0.058
YOY0.8021.010-0.208
5Y0.6781.017-0.339
10Y0.6461.051-0.405
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1.4. Solvency of Pennant Group Inc.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Pennant Group Inc assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Pennant Group Inc to Medical Care Facilities industry mean.
  • A Debt to Asset Ratio of 0.74 means that Pennant Group Inc assets are financed with 74.1% credit (debt) and the remaining percentage (100% - 74.1%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Pennant Group Inc:

  • The MRQ is 0.741. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.750. The company is just able to pay all its debts by selling its assets.
Trends
Current periodCompared to+/- 
MRQ0.741TTM0.750-0.010
TTM0.750YOY0.775-0.024
TTM0.7505Y0.723+0.028
5Y0.72310Y0.688+0.034
Compared to industry (Medical Care Facilities)
PeriodCompanyIndustry (mean)+/- 
MRQ0.7410.549+0.192
TTM0.7500.543+0.207
YOY0.7750.518+0.257
5Y0.7230.552+0.171
10Y0.6880.531+0.157
1.4.2. Debt to Equity Ratio

Measures if Pennant Group Inc is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Pennant Group Inc to the Medical Care Facilities industry mean.
  • A Debt to Equity ratio of 296.4% means that company has $2.96 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Pennant Group Inc:

  • The MRQ is 2.964. The company is unable to pay all its debts with equity. -1
  • The TTM is 3.126. The company is unable to pay all its debts with equity. -1
Trends
Current periodCompared to+/- 
MRQ2.964TTM3.126-0.161
TTM3.126YOY3.579-0.454
TTM3.1265Y3.553-0.428
5Y3.55310Y3.384+0.169
Compared to industry (Medical Care Facilities)
PeriodCompanyIndustry (mean)+/- 
MRQ2.9640.971+1.993
TTM3.1261.093+2.033
YOY3.5790.983+2.596
5Y3.5531.206+2.347
10Y3.3841.181+2.203
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2. Market Valuation of Pennant Group Inc

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every $1 in earnings Pennant Group Inc generates.

  • Above 15 is considered overpriced but always compare Pennant Group Inc to the Medical Care Facilities industry mean.
  • A PE ratio of 33.14 means the investor is paying $33.14 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Pennant Group Inc:

  • The EOD is 30.657. Based on the earnings, the company is overpriced. -1
  • The MRQ is 33.140. Based on the earnings, the company is overpriced. -1
  • The TTM is 32.837. Based on the earnings, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD30.657MRQ33.140-2.483
MRQ33.140TTM32.837+0.303
TTM32.837YOY48.734-15.897
TTM32.8375Y50.180-17.343
5Y50.18010Y47.790+2.390
Compared to industry (Medical Care Facilities)
PeriodCompanyIndustry (mean)+/- 
EOD30.65714.676+15.981
MRQ33.14013.411+19.729
TTM32.8379.862+22.975
YOY48.73412.408+36.326
5Y50.18014.576+35.604
10Y47.79019.605+28.185
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Pennant Group Inc:

  • The EOD is 17.579. Based on how much money comes from the company's main activities, the company is underpriced. +1
  • The MRQ is 19.002. Based on how much money comes from the company's main activities, the company is underpriced. +1
  • The TTM is 9.648. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD17.579MRQ19.002-1.424
MRQ19.002TTM9.648+9.354
TTM9.648YOY-22.421+32.068
TTM9.6485Y-23.380+33.028
5Y-23.38010Y-22.267-1.113
Compared to industry (Medical Care Facilities)
PeriodCompanyIndustry (mean)+/- 
EOD17.5795.794+11.785
MRQ19.0025.700+13.302
TTM9.6485.910+3.738
YOY-22.4216.304-28.725
5Y-23.3806.254-29.634
10Y-22.2675.367-27.634
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2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Pennant Group Inc is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Medical Care Facilities industry mean).
  • A PB ratio of 2.77 means the investor is paying $2.77 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Pennant Group Inc:

  • The EOD is 2.565. Based on the equity, the company is underpriced. +1
  • The MRQ is 2.773. Based on the equity, the company is underpriced. +1
  • The TTM is 2.833. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD2.565MRQ2.773-0.208
MRQ2.773TTM2.833-0.060
TTM2.833YOY5.393-2.560
TTM2.8335Y5.806-2.973
5Y5.80610Y5.530+0.276
Compared to industry (Medical Care Facilities)
PeriodCompanyIndustry (mean)+/- 
EOD2.5651.930+0.635
MRQ2.7732.048+0.725
TTM2.8332.084+0.749
YOY5.3932.568+2.825
5Y5.8062.260+3.546
10Y5.5302.394+3.136
2. Total Gains per Share

3. Holders & Insider Transactions

Let's take a look at which institutions, funds and insiders are holding shares of Pennant Group Inc.

3.1. Institutions holding Pennant Group Inc

Institutions are holding 83.728% of the shares of Pennant Group Inc.

DateNameTotal SharesTotal AssetsCurrent SharesChange%
2023-06-30T. Rowe Price Investment Management,Inc.13.37230.03343991687-160232-3.8592
2023-06-30BlackRock Inc6.94940.0007207441522312612.0525
2023-06-30Vanguard Group Inc5.62490.00051679058252881.5291
2023-06-30Wasatch Advisors Inc.4.50120.0999134363751953863.0432
2023-06-30Riverbridge Partners LLC4.3860.20271309232-28668-2.1428
2023-06-30Crewe Advisors LLC3.68611.89681100307-17510-1.5664
2023-06-30Dimensional Fund Advisors, Inc.3.04190.0036908012157821.7688
2023-06-30Acadian Asset Management LLC2.47740.01757395187395180
2023-06-30Paradigm Capital Management, Inc.2.23750.46976678887518812.6857
2023-06-30State Street Corporation1.90770.0004569449125882.2605
2023-06-30Geode Capital Management, LLC1.90230.0008567852416397.913
2023-06-30Goldman Sachs Group Inc1.53240.0011457419109372.4496
2023-06-30Kent Lake Capital LLC1.45212.4464334444334440
2023-06-30D. E. Shaw & Co LP1.4520.0054433430-60566-12.2604
2023-06-30Eversept Partners, LLC1.4460.548643162296482.2864
2023-06-30Susquehanna International Group, LLP1.43560.0011428532-31861-6.9204
2023-06-30Millennium Management LLC1.36810.0025408382-538157-56.8552
2023-06-30Bank of Montreal1.28880.00173847053847050
2023-06-30BMO Capital Markets Corp.1.28880.00173847053847050
2023-06-30Penn Capital Management Company LLC1.24780.444737246715176968.7677
Total 62.59836.178818685761+2190881+11.7%

3.2. Funds holding Pennant Group Inc

DateNameTotal SharesTotal AssetsCurrent SharesChange%
2023-06-30T. Rowe Price Small-Cap Value5.05110.17915077625000.0332
2023-08-31Vanguard Total Stock Mkt Idx Inv2.81650.000784072000
2023-03-31Vanguard Instl Ttl Stck Mkt Idx Tr2.81650.0018407208263210.9001
2023-06-30Wasatch Micro Cap2.55921.4347763917-56995-6.9429
2023-06-30T. Rowe Price U.S. SC Value Eq Tr-Z2.27110.1848677943354265.5136
2023-06-30T. Rowe Price Small-Cap Stock2.2630.092675524-145700-17.7418
2023-06-30T. Rowe Price US Small-Cap Core Equity2.2630.092675524-145700-17.7418
2023-08-31iShares Russell 2000 ETF2.22990.0146665625-2415-0.3615
2023-08-31Vanguard Extended Market Index Investor1.35270.0053403773-88-0.0218
2023-06-30T. Rowe Price U.S. SC Core Eq Tr-Z1.3450.1158401480229616.066
2023-08-31First Eagle Small Cap Opportunity I1.18090.3017352496168315.0142
2023-06-30T. Rowe Price Instl Small-Cap Stock1.12220.0977334988-31900-8.6948
2023-06-30First Eagle US Small Cap Strategy1.03760.32253097219725745.7758
2023-06-30Wasatch Micro Cap Value0.85761.04262560002560000
2023-06-30Fidelity® Small Cap Index0.85240.01472544322844612.5875
2023-08-31iShares Russell 2000 Growth ETF0.80030.029223887800
2023-07-31DFA US Micro Cap I0.79190.037823637500
2023-07-31DFA US Small Cap I0.78230.017823351100
2023-08-31Paradigm Micro-Cap0.671.71452000003790023.3806
2023-07-31CREF Stock R10.50390.0015150422-9648-6.0274
Total 33.56715.699910019811+185507+1.9%

3.3. Insider Transactions

Insiders are holding 8.664% of the shares of Pennant Group Inc.

DateOwnerTypeAmountPricePost Transaction AmountLink
2023-05-30Jennifer FreemanSELL61111.65
2023-05-11John J GochnourBUY123211.04
2023-04-18Joanne StringfieldSELL19013.31
2023-03-06Barry M SmithBUY2553615
2023-03-03Barry M SmithBUY446414.95
2023-01-18Joanne StringfieldSELL9510.96
2022-11-30John G NackelBUY2000010.13
2022-10-24Joanne StringfieldSELL28510.89
3rd Party Ad. No recommendation by Penke. PLUS is ad-free.

4. Summary

4.1. Key Performance Indicators

The key performance indicators of Pennant Group Inc compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--0.1420.119+19%0.091+56%0.221-36%0.211-33%
Book Value Per Share--4.4284.224+5%3.855+15%3.177+39%3.026+46%
Current Ratio--1.0461.008+4%1.056-1%0.839+25%0.799+31%
Debt To Asset Ratio--0.7410.750-1%0.775-4%0.723+2%0.688+8%
Debt To Equity Ratio--2.9643.126-5%3.579-17%3.553-17%3.384-12%
Dividend Per Share----0%-0%0.059-100%0.056-100%
Eps--0.0930.107-14%-0.022+124%0.087+7%0.088+5%
Free Cash Flow Per Share--0.1620.078+108%-0.110+168%0.068+138%0.067+141%
Free Cash Flow To Equity Per Share--0.2360.133+77%0.016+1357%0.155+52%0.148+60%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max---15.141--------
Intrinsic Value_10Y_min---12.616--------
Intrinsic Value_1Y_max---0.336--------
Intrinsic Value_1Y_min---0.330--------
Intrinsic Value_3Y_max---1.910--------
Intrinsic Value_3Y_min---1.806--------
Intrinsic Value_5Y_max---4.570--------
Intrinsic Value_5Y_min---4.164--------
Market Cap339099408.000-9%370770040.000361439725.000+3%622802349.250-40%582077871.900-36%554359878.000-33%
Net Profit Margin--0.0210.026-19%-0.005+125%0.021+0%0.022-6%
Operating Margin--0.0480.048-1%0.011+315%0.035+37%0.036+31%
Operating Ratio--0.9530.951+0%0.988-4%0.965-1%0.999-5%
Pb Ratio2.565-8%2.7732.833-2%5.393-49%5.806-52%5.530-50%
Pe Ratio30.657-8%33.14032.837+1%48.734-32%50.180-34%47.790-31%
Price Per Share11.360-8%12.28011.988+2%20.653-41%19.186-36%18.272-33%
Price To Free Cash Flow Ratio17.579-8%19.0029.648+97%-22.421+218%-23.380+223%-22.267+217%
Price To Total Gains Ratio80.198-8%86.693119.681-28%242.432-64%131.336-34%131.336-34%
Quick Ratio--0.8780.809+9%0.802+9%0.678+29%0.646+36%
Return On Assets--0.0050.006-15%-0.001+123%0.005+0%0.005+6%
Return On Equity--0.0220.027-19%-0.006+125%0.024-11%0.026-17%
Total Gains Per Share--0.1420.119+19%0.091+56%0.280-49%0.267-47%
Usd Book Value--133698000.000127354750.000+5%116002500.000+15%95804700.000+40%91242571.429+47%
Usd Book Value Change Per Share--0.1420.119+19%0.091+56%0.221-36%0.211-33%
Usd Book Value Per Share--4.4284.224+5%3.855+15%3.177+39%3.026+46%
Usd Dividend Per Share----0%-0%0.059-100%0.056-100%
Usd Eps--0.0930.107-14%-0.022+124%0.087+7%0.088+5%
Usd Free Cash Flow--4878000.0002349500.000+108%-3318000.000+168%2009250.000+143%1980523.810+146%
Usd Free Cash Flow Per Share--0.1620.078+108%-0.110+168%0.068+138%0.067+141%
Usd Free Cash Flow To Equity Per Share--0.2360.133+77%0.016+1357%0.155+52%0.148+60%
Usd Market Cap339099408.000-9%370770040.000361439725.000+3%622802349.250-40%582077871.900-36%554359878.000-33%
Usd Price Per Share11.360-8%12.28011.988+2%20.653-41%19.186-36%18.272-33%
Usd Profit--2797000.0003238000.000-14%-621500.000+122%2024900.000+38%2089476.190+34%
Usd Revenue--132281000.000125440000.000+5%113478000.000+17%102472700.000+29%100830142.857+31%
Usd Total Gains Per Share--0.1420.119+19%0.091+56%0.280-49%0.267-47%
 EOD+4 -4MRQTTM+21 -12YOY+27 -65Y+22 -1310Y+21 -14

4.2. Fundamental Score

Let's check the fundamental score of Pennant Group Inc based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1530.657
Price to Book Ratio (EOD)Between0-12.565
Net Profit Margin (MRQ)Greater than00.021
Operating Margin (MRQ)Greater than00.048
Quick Ratio (MRQ)Greater than10.878
Current Ratio (MRQ)Greater than11.046
Debt to Asset Ratio (MRQ)Less than10.741
Debt to Equity Ratio (MRQ)Less than12.964
Return on Equity (MRQ)Greater than0.150.022
Return on Assets (MRQ)Greater than0.050.005
Total4/10 (40.0%)

4.3. Technical Score

Let's check the technical score of Pennant Group Inc based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5045.546
Ma 20Greater thanMa 5011.484
Ma 50Greater thanMa 10011.595
Ma 100Greater thanMa 20011.852
OpenGreater thanClose11.470
Total1/5 (20.0%)



Reversals in quarterly reports

I have detected a reversal (positive to negative, negative to positive) in the following values of the quarterly reports.

 2022-06-302022-09-302022-12-312023-03-312023-06-30
Total Other Income Expense Net -7,4386,362-1,076-213-1,289-87-1,3761,40832



Latest Balance Sheet

Balance Sheet of 2023-06-30. Currency in USD. All numbers in thousands.

Summary
Total Assets515,414
Total Liabilities381,716
Total Stockholder Equity128,781
 As reported
Total Liabilities 381,716
Total Stockholder Equity+ 128,781
Total Assets = 515,414

Assets

Total Assets515,414
Total Current Assets71,639
Long-term Assets71,639
Total Current Assets
Cash And Cash Equivalents 2,838
Net Receivables 57,252
Other Current Assets 11,549
Total Current Assets  (as reported)71,639
Total Current Assets  (calculated)71,639
+/-0
Long-term Assets
Property Plant Equipment 287,982
Goodwill 83,614
Intangible Assets 61,025
Long-term Assets Other 10,940
Long-term Assets  (as reported)443,775
Long-term Assets  (calculated)443,561
+/- 214

Liabilities & Shareholders' Equity

Total Current Liabilities68,477
Long-term Liabilities313,239
Total Stockholder Equity128,781
Total Current Liabilities
Short-term Debt 17,412
Accounts payable 12,037
Other Current Liabilities 37,209
Total Current Liabilities  (as reported)68,477
Total Current Liabilities  (calculated)66,658
+/- 1,819
Long-term Liabilities
Long term Debt Total 59,153
Capital Lease Obligations Min Short Term Debt246,307
Long-term Liabilities  (as reported)313,239
Long-term Liabilities  (calculated)305,460
+/- 7,779
Total Stockholder Equity
Retained Earnings 25,931
Capital Surplus 102,886
Total Stockholder Equity (as reported)128,781
Total Stockholder Equity (calculated)128,817
+/- 36
Other
Capital Stock29
Cash and Short Term Investments 2,838
Common Stock Shares Outstanding 30,193
Common Stock Total Equity29
Current Deferred Revenue1,819
Liabilities and Stockholders Equity 515,414
Net Debt 320,034
Net Invested Capital 187,934
Net Tangible Assets -15,858
Net Working Capital 3,162
Minority Interest 4,917
Short Long Term Debt Total 322,872



Balance Sheet

Currency in USD. All numbers in thousands.

 Trend2023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-03-31
> Total Assets 
0
0
98,151
338,453
356,665
363,028
447,750
458,987
469,246
480,110
506,976
519,324
529,809
529,200
530,297
507,436
496,431
504,880
512,119
508,156
515,414
515,414508,156512,119504,880496,431507,436530,297529,200529,809519,324506,976480,110469,246458,987447,750363,028356,665338,45398,15100
   > Total Current Assets 
0
0
29,123
30,454
32,208
33,901
38,683
46,007
52,430
53,451
59,599
71,699
73,478
74,959
75,841
81,512
74,637
66,883
73,822
66,752
71,639
71,63966,75273,82266,88374,63781,51275,84174,95973,47871,69959,59953,45152,43046,00738,68333,90132,20830,45429,12300
       Cash And Cash Equivalents 
0
0
41
41
43
47
402
4,832
12,129
8,320
43
5,605
2,879
3,707
5,190
3,627
3,200
2,955
2,079
2,952
2,838
2,8382,9522,0792,9553,2003,6275,1903,7072,8795,605438,32012,1294,8324024743414100
       Net Receivables 
0
0
24,469
26,385
27,704
30,249
32,183
35,548
33,858
35,865
47,221
50,756
52,136
53,402
53,940
56,918
53,154
51,604
53,420
50,660
57,252
57,25250,66053,42051,60453,15456,91853,94053,40252,13650,75647,22135,86533,85835,54832,18330,24927,70426,38524,46900
       Other Current Assets 
0
0
4,613
0
4,461
3,605
6,098
5,627
6,443
9,266
12,335
15,338
18,463
17,850
16,711
20,967
18,283
12,324
18,323
13,140
11,549
11,54913,14018,32312,32418,28320,96716,71117,85018,46315,33812,3359,2666,4435,6276,0983,6054,46104,61300
   > Long-term Assets 
0
0
69,028
0
324,457
329,127
409,067
412,980
416,816
426,659
447,377
447,625
456,331
454,241
454,456
425,924
421,794
437,997
438,297
441,404
443,775
443,775441,404438,297437,997421,794425,924454,456454,241456,331447,625447,377426,659416,816412,980409,067329,127324,457069,02800
       Property Plant Equipment 
0
0
10,458
247,779
251,106
252,820
330,972
331,030
330,846
328,677
326,534
323,292
321,400
318,194
317,785
290,418
279,818
286,550
287,489
291,056
287,982
287,982291,056287,489286,550279,818290,418317,785318,194321,400323,292326,534328,677330,846331,030330,972252,820251,106247,77910,45800
       Goodwill 
0
0
30,892
32,046
42,392
41,233
41,233
42,837
45,372
49,093
66,444
68,179
73,364
73,785
74,265
74,265
74,785
79,190
79,497
79,497
83,614
83,61479,49779,49779,19074,78574,26574,26573,78573,36468,17966,44449,09345,37242,83741,23341,23342,39232,04630,89200
       Intangible Assets 
0
0
25,214
25,546
28,348
33,515
33,507
34,867
36,666
40,133
47,488
49,399
53,889
54,210
53,730
53,730
53,974
58,474
58,617
58,827
61,025
61,02558,82758,61758,47453,97453,73053,73054,21053,88949,39947,48840,13336,66634,86733,50733,51528,34825,54625,21400
       Other Assets 
0
0
0
2,628
2,611
1,559
3,355
4,246
3,932
8,756
315,561
6,755
7,678
8,052
8,676
7,511
13,217
13,783
0
0
0
00013,78313,2177,5118,6768,0527,6786,755315,5618,7563,9324,2463,3551,5592,6112,628000
> Total Liabilities 
0
0
32,863
266,929
270,177
278,672
376,639
382,802
386,745
390,771
405,804
414,605
419,827
415,353
416,053
389,504
378,444
384,040
386,462
378,932
381,716
381,716378,932386,462384,040378,444389,504416,053415,353419,827414,605405,804390,771386,745382,802376,639278,672270,177266,92932,86300
   > Total Current Liabilities 
0
0
29,547
40,306
43,033
50,593
51,192
48,983
80,461
83,269
89,015
88,440
82,822
76,531
71,635
68,605
74,868
72,759
70,247
65,628
68,477
68,47765,62870,24772,75974,86868,60571,63576,53182,82288,44089,01583,26980,46148,98351,19250,59343,03340,30629,54700
       Short-term Debt 
0
0
0
0
13,152
13,611
12,285
12,975
13,369
13,897
14,106
14,606
15,233
15,399
16,118
16,379
15,662
15,948
16,633
16,856
17,412
17,41216,85616,63315,94815,66216,37916,11815,39915,23314,60614,10613,89713,36912,97512,28513,61113,1520000
       Accounts payable 
0
0
4,390
4,374
4,902
4,744
8,653
8,312
7,224
7,773
9,761
8,581
8,321
9,763
10,553
10,910
12,717
12,754
13,647
12,161
12,037
12,03712,16113,64712,75412,71710,91010,5539,7638,3218,5819,7617,7737,2248,3128,6534,7444,9024,3744,39000
       Other Current Liabilities 
0
0
25,157
9,858
23,472
30,346
28,317
25,908
30,035
32,129
41,106
35,758
36,866
36,644
37,297
38,359
44,955
42,487
38,375
35,002
37,209
37,20935,00238,37542,48744,95538,35937,29736,64436,86635,75841,10632,12930,03525,90828,31730,34623,4729,85825,15700
   > Long-term Liabilities 
0
0
3,316
0
227,144
228,079
325,447
333,819
306,284
307,502
316,789
326,165
337,005
338,822
344,418
320,899
303,576
311,281
316,215
313,304
313,239
313,239313,304316,215311,281303,576320,899344,418338,822337,005326,165316,789307,502306,284333,819325,447228,079227,14403,31600
       Long term Debt Total 
0
0
0
0
0
0
18,526
27,562
0
0
8,277
24,971
38,113
42,742
51,372
56,501
53,131
55,762
62,892
57,023
59,153
59,15357,02362,89255,76253,13156,50151,37242,74238,11324,9718,2770027,56218,526000000
       Other Liabilities 
0
0
0
692
691
691
2,877
2,880
5,021
8,903
11,897
6,939
7,732
8,841
5,293
5,306
5,825
6,098
0
0
0
0006,0985,8255,3065,2938,8417,7326,93911,8978,9035,0212,8802,877691691692000
> Total Stockholder Equity
54,996
0
55,856
61,284
73,315
71,104
71,111
76,185
82,501
89,339
96,579
100,163
105,607
109,596
110,199
113,743
113,718
116,408
121,012
124,432
128,781
128,781124,432121,012116,408113,718113,743110,199109,596105,607100,16396,57989,33982,50176,18571,11171,10473,31561,28455,856054,996
   Common Stock
0
0
0
61,284
73,315
71,104
28
28
28
28
28
28
28
28
28
29
29
29
29
29
29
29292929292928282828282828282871,10473,31561,284000
   Retained Earnings Total Equity
0
0
0
0
0
0
0
0
0
0
11,945
12,895
15,545
16,790
14,641
15,655
12,979
17,810
21,284
23,134
25,931
25,93123,13421,28417,81012,97915,65514,64116,79015,54512,89511,9450000000000
   Accumulated Other Comprehensive Income 00000000000-15,086-13,876-12,812-11,784-11,100-10,2500000
   Capital Surplus 
0
0
0
0
0
0
74,882
76,976
0
0
84,671
87,305
90,099
92,843
95,595
98,124
100,775
98,634
99,764
101,334
102,886
102,886101,33499,76498,634100,77598,12495,59592,84390,09987,30584,6710076,97674,882000000
   Treasury Stock00000-65-65-65-65-65-650000000000
   Other Stockholders Equity 
0
0
55,856
0
83,565
82,204
86,666
89,788
92,831
96,472
84,606
87,240
90,034
92,778
95,530
98,059
100,710
98,569
99,699
101,269
102,821
102,821101,26999,69998,569100,71098,05995,53092,77890,03487,24084,60696,47292,83189,78886,66682,20483,565055,85600



Balance Sheet

Currency in USD. All numbers in thousands.




Cash Flow

Currency in USD. All numbers in thousands.




Income Statement

Currency in USD. All numbers in thousands.


Latest Income Statement (annual, 2022-12-31)

Gross Profit (+$)
totalRevenue473,241
Cost of Revenue-414,656
Gross Profit58,58558,585
 
Operating Income (+$)
Gross Profit58,585
Operating Expense-38,881
Operating Income19,67319,704
 
Operating Expense (+$)
Research Development0
Selling General Administrative33,981
Selling And Marketing Expenses0
Operating Expense38,88133,981
 
Net Interest Income (+$)
Interest Income0
Interest Expense-3,816
Other Finance Cost-0
Net Interest Income-3,816
 
Pretax Income (+$)
Operating Income19,673
Net Interest Income-3,816
Other Non-Operating Income Expenses0
Income Before Tax (EBT)8,89230,454
EBIT - interestExpense = 15,857
8,292
10,459
Interest Expense3,816
Earnings Before Interest and Taxes (EBIT)19,67312,708
Earnings Before Interest and Taxes (EBITDA)24,573
 
After tax Income (+$)
Income Before Tax8,892
Tax Provision-1,649
Net Income From Continuing Ops7,2437,243
Net Income6,643
Net Income Applicable To Common Shares6,643
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses453,537
Total Other Income/Expenses Net-10,7813,816
 

Technical Analysis of Pennant Group Inc
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Pennant Group Inc. The general trend of Pennant Group Inc is BEARISH with 85.7% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Pennant Group Inc's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (-85.7%) Bearish trend (85.7%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Pennant Group Inc.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is -1/(-1 +1).

  • Around resistance: The price is trading arround resistance levels. This can be considered as a potential exit level. -1

The bullish price targets are: 11.75 < 13.07 < 13.73.

The bearish price targets are: 11.04 > 11.00 > 10.85.

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Pennant Group Inc Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Pennant Group Inc. The current mas is .

The long score for the Moving Averages is 1/14.
The longshort score for the Moving Averages is -12/(-14 +14).

  • MA 20 trending down: The MA 20 is trending down. -1
  • Close < MA 20: The price is below the MA 20. -1
  • MA 20 < MA 50: The MA 20 is lower than the MA 50. -1
  • MA 20 < MA 100: The MA 20 is lower than the MA 100. -1
  • MA 20 < MA 200: The MA 20 is lower than the MA 200. -1
  • MA 50 trending down: The MA 50 is trending down. -1
  • Close < MA 50: The price is below the MA 50. -1
  • MA 50 < MA 100: The MA 50 is lower than the MA 100. -1
  • MA 50 < MA 200: The MA 50 is lower than the MA 200. -1
  • MA 100 trending down: The MA 100 is trending down. -1
  • Close < MA 100: The price is below the MA 100. -1
  • MA 100 < MA 200: The MA 100 is lower than the MA 200. -1
  • MA 200 trending up: The MA 200 is trending up. +1
  • Close < MA 200: The price is below the MA 200. -1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Pennant Group Inc Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Pennant Group Inc. The current macd is -0.09239161.

The long score for the Moving Average Convergence/Divergence (MACD) is 2/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 0/(-4 +4).

  • MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Pennant Group Inc price going up in the near term. +2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Pennant Group Inc. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the Pennant Group Inc price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1
Pennant Group Inc Daily Moving Average Convergence/Divergence (MACD) ChartPennant Group Inc Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Pennant Group Inc. The current adx is 14.76.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -1/(-7 +7).

  • PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell Pennant Group Inc shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX < 25 && ADX trending down: The ADX is below 25 and indicates a weak or no trend. Also, the ADX is declining so there is no trend indication.
Pennant Group Inc Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Pennant Group Inc. The current sar is 11.08.

The long score for the Parabolic SAR is 1/1.
The longshort score for the Parabolic SAR is 1/(-1 +1).

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
Pennant Group Inc Daily Parabolic SAR Chart
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3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Pennant Group Inc. The current rsi is 45.55. The current phase is Continuation in bear market.

The long score for the Relative Strength Index (RSI) is 0/13.
The longshort score for the Relative Strength Index (RSI) is -4/(-13 +13).

  • Continuation in bear market: Downtrend continues after a consolidation or pullback. Hold or add to short positions.
  • Trending down: The RSI is trending down. -1
Pennant Group Inc Daily Relative Strength Index (RSI) ChartPennant Group Inc Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Pennant Group Inc. The current phase is Continuation in bear market.

The long score for the Stochastic Oscillator is 0/6.
The longshort score for the Stochastic Oscillator is -4/(-6 +6).

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Pennant Group Inc price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Pennant Group Inc Daily Stochastic Oscillator ChartPennant Group Inc Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Pennant Group Inc. The current cci is -20.91079544.

Pennant Group Inc Daily Commodity Channel Index (CCI) ChartPennant Group Inc Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Pennant Group Inc. The current cmo is -10.24515898.

The long score for the Chande Momentum Oscillator (CMO) is 0/1.
The longshort score for the Chande Momentum Oscillator (CMO) is -1/(-1 +1).

  • CMO < 0: The CMO is below 0, the momentum of the price is negative, indicating a potential downtrend in the price. -1
Pennant Group Inc Daily Chande Momentum Oscillator (CMO) ChartPennant Group Inc Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Pennant Group Inc. The current willr is -57.64705882.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is 0/(-1 +1).

  • WILLR between -80 and -20: The Williams %R is between -80 and -20. This indicates that Pennant Group Inc is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Pennant Group Inc Daily Williams %R ChartPennant Group Inc Daily Williams %R Chart
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4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of Pennant Group Inc.

Pennant Group Inc Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Pennant Group Inc. The current atr is 0.37746356.

Pennant Group Inc Daily Average True Range (ATR) ChartPennant Group Inc Daily Average True Range (ATR) Chart
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5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Pennant Group Inc. The current obv is -4,428,775.

Pennant Group Inc Daily On-Balance Volume (OBV) ChartPennant Group Inc Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Pennant Group Inc. The current mfi is 55.47.

The long score for the Money Flow Index (MFI) is 1/2.
The longshort score for the Money Flow Index (MFI) is 1/(-2 +2).

  • MFI > 50: +1
Pennant Group Inc Daily Money Flow Index (MFI) ChartPennant Group Inc Daily Money Flow Index (MFI) Chart
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6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Pennant Group Inc.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-05-11RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
2023-05-17CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-05-18SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-05-19MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-05-24STOCH LONG EXITThe %K line crosses below the %D line.
2023-05-25DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-05-30MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2023-05-31MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
2023-06-01DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH LONG EXITThe %K line crosses below the %D line.
2023-06-02STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-06-06CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-06-07BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-06-08STOCH LONG EXITThe %K line crosses below the %D line.
2023-06-12SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2023-06-13STOCH SHORT EXITThe %K line crosses above the %D line.
2023-06-14STOCH LONG EXITThe %K line crosses below the %D line.
2023-06-15DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-06-16DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-06-21STOCH LONG EXITThe %K line crosses below the %D line.
2023-06-22DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-06-23MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-06-26STOCH SHORT EXITThe %K line crosses above the %D line.
2023-06-28STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-06-29STOCH SHORT EXITThe %K line crosses above the %D line.
2023-06-30DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2023-07-03DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2023-07-05STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-07-06STOCH SHORT EXITThe %K line crosses above the %D line.
2023-07-13SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH LONG EXITThe %K line crosses below the %D line.
2023-07-19STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-07-20MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-07-21STOCH LONG EXITThe %K line crosses below the %D line.
2023-07-24MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2023-07-26SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-07-27CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-07-28STOCH SHORT EXITThe %K line crosses above the %D line.
2023-07-31MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2023-08-01STOCH LONG EXITThe %K line crosses below the %D line.
2023-08-03STOCH SHORT EXITThe %K line crosses above the %D line.
2023-08-04STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-08-08STOCH SHORT EXITThe %K line crosses above the %D line.
2023-08-09DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-08-10STOCH SHORT EXITThe %K line crosses above the %D line.
2023-08-11CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-08-14STOCH LONG EXITThe %K line crosses below the %D line.
2023-08-16STOCH SHORT EXITThe %K line crosses above the %D line.
2023-08-21WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-08-22STOCH LONG EXITThe %K line crosses below the %D line.
2023-08-24ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-08-28STOCH SHORT EXITThe %K line crosses above the %D line.
2023-08-29STOCH LONG EXITThe %K line crosses below the %D line.
2023-08-30SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2023-08-31MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2023-09-05CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-09-06DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-09-08STOCH SHORT EXITThe %K line crosses above the %D line.
2023-09-15STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-09-19STOCH SHORT EXITThe %K line crosses above the %D line.
2023-09-21STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-09-22STOCH SHORT EXITThe %K line crosses above the %D line.
2023-09-25DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-09-26MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2023-09-27STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-09-28DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.

6.3. Candlestick Patterns

Pennant Group Inc Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Pennant Group Inc based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5045.546
Ma 20Greater thanMa 5011.484
Ma 50Greater thanMa 10011.595
Ma 100Greater thanMa 20011.852
OpenGreater thanClose11.470
Total1/5 (20.0%)
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