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3 Reasons Why Growth Investors Shouldn't Overlook The Pennant Group (PNTG)
ZACKS· 2024-09-17 01:45
Growth stocks are attractive to many investors, as above-average financial growth helps these stocks easily grab the market's attention and produce exceptional returns. But finding a great growth stock is not easy at all.By their very nature, these stocks carry above-average risk and volatility. Moreover, if a company's growth story is over or nearing its end, betting on it could lead to significant loss.However, the task of finding cutting-edge growth stocks is made easy with the help of the Zacks Growth S ...
Is The Pennant Group (PNTG) a Solid Growth Stock? 3 Reasons to Think "Yes"
ZACKS· 2024-08-31 01:46
Investors seek growth stocks to capitalize on above-average growth in financials that help these securities grab the market's attention and produce exceptional returns. But finding a growth stock that can live up to its true potential can be a tough task.By their very nature, these stocks carry above-average risk and volatility. Moreover, if a company's growth story is over or nearing its end, betting on it could lead to significant loss.However, it's pretty easy to find cutting-edge growth stocks with the ...
The Pennant Group (PNTG) is an Incredible Growth Stock: 3 Reasons Why
ZACKS· 2024-08-15 01:47
Growth stocks are attractive to many investors, as above-average financial growth helps these stocks easily grab the market's attention and produce exceptional returns. However, it isn't easy to find a great growth stock.That's because, these stocks usually carry above-average risk and volatility. In fact, betting on a stock for which the growth story is actually over or nearing its end could lead to significant loss.However, the Zacks Growth Style Score (part of the Zacks Style Scores system), which looks ...
Here's What Key Metrics Tell Us About The Pennant Group (PNTG) Q2 Earnings
ZACKS· 2024-08-07 09:02
For the quarter ended June 2024, The Pennant Group, Inc. (PNTG) reported revenue of $168.75 million, up 27.6% over the same period last year. EPS came in at $0.24, compared to $0.18 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $156.71 million, representing a surprise of +7.68%. The company delivered an EPS surprise of +14.29%, with the consensus EPS estimate being $0.21.While investors scrutinize revenue and earnings changes year-over-year and how they compare wit ...
The Pennant Group, Inc. (PNTG) Tops Q2 Earnings and Revenue Estimates
ZACKS· 2024-08-07 08:05
The Pennant Group, Inc. (PNTG) came out with quarterly earnings of $0.24 per share, beating the Zacks Consensus Estimate of $0.21 per share. This compares to earnings of $0.18 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 14.29%. A quarter ago, it was expected that this company would post earnings of $0.18 per share when it actually produced earnings of $0.20, delivering a surprise of 11.11%.Over the last four quarters, the ...
The Pennant (PNTG) - 2024 Q2 - Quarterly Report
2024-08-07 04:09
公司概况 - 公司在2024年6月30日拥有117家家庭健康和临终关怀机构以及54家养老社区[159] - 公司在2024年上半年通过收购新增4家家庭健康机构、2家临终关怀机构和3家养老社区[160] 行业监管 - 2025财年CMS发布的临终关怀付费最终规则将增加2.9%的付费更新百分比,约增加7.9亿美元[164] - 2025财年CMS发布的家庭健康支付拟议规则将增加2.5%的付费更新百分比,但由于行为调整和固定损失调整,总体将下降1.7%或28亿美元[165] - CMS对新注册或发生所有权变更的亚利桑那州、加利福尼亚州、内华达州和德克萨斯州的临终关怀机构实施了为期一年的加强监管[166] - CMS发布的《确保获得医疗补助服务》规则要求从2030年开始,州政府必须确保至少80%的医疗补助HCBS报销用于直接护理人员的薪酬[167] - SEC发布的最终气候信息披露规则要求公司从2027年开始披露气候风险管理信息,从2029年开始披露温室气体排放信息[168] 财务表现 - 公司2024年第二季度总收入为1.687亿美元,同比增长27.5%[189] - 公司2024年上半年总收入为3.257亿美元,同比增长25.8%[189] - 公司2024年第二季度利润从营运活动中获得9,562万美元,同比增长52.6%[189] - 公司2024年上半年利润从营运活动中获得1.809亿美元,同比增长71.6%[189] - 公司2024年第二季度家庭健康和临终关怀服务收入为1.253亿美元,同比增长31.9%[191] - 公司2024年上半年家庭健康和临终关怀服务收入为2.418亿美元,同比增长29.9%[193] - 公司2024年第二季度高级生活服务收入为4,344万美元,同比增长16.6%[191] - 公司2024年上半年高级生活服务收入为8,387万美元,同比增长15.4%[193] - 公司2024年第二季度高级生活服务入住率为78.8%,同比提高0.8个百分点[176] - 公司2024年上半年高级生活服务入住率为78.7%,同比提高0.6个百分点[176] - 公司使用非GAAP财务指标来评估和管理业务运营[208][209][210][211][212] 业务分部表现 - 公司的家庭健康和临终关怀服务分部调整后EBITDA为19,607万美元和37,493万美元[205][207] - 公司的高级生活服务分部调整后EBITDA为4,089万美元和7,588万美元[205][207] 现金流和财务状况 - 公司有1.5亿美元的可用借款额度[279] - 公司的净现金流量从经营活动中减少了450万美元[282] - 投资活动中使用的净现金增加了2210万美元,主要由于企业和资产收购的增加[283] - 融资活动中使用的净现金增加了2280万美元,主要由于公司信用额度余额的增加[284] - 公司继续使用循环信贷额度,并获得了新的经营租赁义务[285] - 公司面临利率风险,如果利率上升1%,每年利息费用将增加约80万美元[287]
The Pennant (PNTG) - 2024 Q2 - Quarterly Results
2024-08-07 04:08
财务业绩 - 总收入为1.687亿美元,同比增长27.6%[3] - 净利润为570万美元,同比增长103.4%[3] - 调整后净利润为730万美元,同比增长35.0%[3] - 公司预计2024年全年收入为6.54亿美元至6.945亿美元[7] - 公司预计2024年全年调整后每股收益为0.89美元至0.95美元[7] - 公司三个月和六个月期间的收入分别为1,687.45百万美元和3,256.60百万美元,同比增长27.5%和25.8%[65][67] - 公司三个月和六个月期间的营业利润分别为95.62百万美元和180.86百万美元,同比增长52.6%和71.6%[69] 业务分部表现 - 家庭健康和临终关怀服务分部收入为1.253亿美元,同比增长31.9%[3] - 家庭健康入院人数为14,140人,同比增长35.4%[3] - 临终关怀日均人数为3,220人,同比增长29.1%[3] - 高级生活服务分部收入为4,340万美元,同比增长16.6%[3] - 高级生活服务分部平均入住率为78.8%,同比增加80个基点[3] - 公司主营业务包括家庭健康和疗养院服务,其中家庭健康和临终关怀服务收入占比74.2%[25] - 公司家庭健康服务总入院人次同比增加34.8%,其中Medicare入院人次同比增加23.3%[35] - 公司家庭健康服务每60天完成的Medicare结算单平均收入同比增加4.5%[35] - 公司临终关怀服务总入院人次同比增加28.5%,日均收治人数同比增加25.3%[35] - 公司疗养院服务收入占比25.8%,入住率为78.7%,平均每间房每月收入4,730美元[41] - 2024年第二季度平均每间已入住单元的月收入为4,753美元,同比增长8.3%[44] - 2024年上半年平均每间已入住单元的月收入为4,698美元,同比增长7.6%[44] 现金流和财务状况 - 公司总资产为6.02亿美元,较上年末增加11.6%[18] - 公司总负债为4.29亿美元,较上年末增加8.9%[18] - 公司总权益为1.73亿美元,较上年末增加18.9%[18] - 公司经营活动产生的现金流量净额为1.1亿美元,较上年同期下降28.9%[19] 收入构成 - 2024年上半年Medicare和Medicaid收入占总收入的64.6%,同比增加2.2个百分点[49] - 2024年上半年Managed Care收入占总收入的12.7%,同比下降0.6个百分点[49] - 2024年上半年Private and Other收入占总收入的22.7%,同比下降1.6个百分点[49] - 公司三个月和六个月期间的营业收入中,养老服务业务占比分别为74.3%和74.2%[65][67] 盈利指标 - 2024年第二季度调整后每股收益为0.44美元,同比增长144.4%[55] - 2024年上半年调整后每股收益为0.31美元,同比增长77.1%[55] - 2024年上半年调整后EBITDA为2.437亿美元,同比增长35.5%[61] - 2024年上半年调整后EBITDAR为4.487亿美元,同比增长91.1%[62] - 公司三个月和六个月期间的调整后EBITDAR分别为234.72百万美元和448.72百万美元,同比增长20.5%和22.6%[65][67] - 公司三个月和六个月期间的调整后EBITDA分别为237.96百万美元和450.81百万美元[72][75]
Pennant Completes Acquisition of Signature Healthcare at Home's Washington and Idaho Assets
Newsfilter· 2024-08-02 05:31
EAGLE, Idaho, Aug. 01, 2024 (GLOBE NEWSWIRE) -- The Pennant Group, Inc. (NASDAQ:PNTG), the parent company of the Pennant group of affiliated home health, hospice and senior living companies, announced today that it has completed its purchase of the Washington and Idaho assets of Signature Healthcare at Home. Pennant previously announced its agreement to purchase the Signature assets, with the planned closing of Signature's Washington and Idaho assets on August 1, and a second purchase agreement capturing Si ...
Pennant Completes Acquisition of Signature Healthcare at Home's Washington and Idaho Assets
GlobeNewswire News Room· 2024-08-02 05:31
EAGLE, Idaho, Aug. 01, 2024 (GLOBE NEWSWIRE) -- The Pennant Group, Inc. (NASDAQ: PNTG), the parent company of the Pennant group of affiliated home health, hospice and senior living companies, announced today that it has completed its purchase of the Washington and Idaho assets of Signature Healthcare at Home. Pennant previously announced its agreement to purchase the Signature assets, with the planned closing of Signature’s Washington and Idaho assets on August 1, and a second purchase agreement capturing S ...
The Pennant Group Announces New $250 Million Credit Facility
Newsfilter· 2024-08-02 04:21
EAGLE, Idaho, Aug. 01, 2024 (GLOBE NEWSWIRE) -- The Pennant Group, Inc. (NASDAQ:PNTG), the parent company of the Pennant group of affiliated home health, hospice and senior living companies, today announced that the Company has increased its credit facility by $100 million to an aggregate of $250 million. The borrowings are supported by a lending consortium arranged by Truist Securities. The new facility expires on July 31, 2029. "This amended facility further strengthens our balance sheet, and together wit ...