RevenueNet IncomeP/EP/SEBITDividendStocksMarket capitalizationDebtLiabilitiesEquityAAQSEmployeesROEROAROCE
Pennant Group Stock

Pennant Group Market capitalization 2024

Pennant Group Market capitalization

993.95 M USD

Ticker

PNTG

ISIN

US70805E1091

WKN

A2PRK9

In 2024, Pennant Group's market cap stood at 993.95 M USD, a 195.88% increase from the 335.93 M USD market cap in the previous year.

The Pennant Group Market capitalization history

YEARMarket Capitalization (undefined USD)
20230.37
20220.44
20211.32
20200.95
20190.68
2018-
2017-
2016-

Pennant Group Aktienanalyse

What does Pennant Group do?

The Pennant Group Inc is a healthcare company based in Eagle, Idaho. It was established in 2019 as an independent company by taking over Vantage Healthcare. The company offers a wide range of services focusing on the needs of patients and care facilities. History: The Pennant Group was founded in 2019 as an independent company by the former employees of Vantage Health Services. The company was then listed on the NASDAQ stock exchange. The founders have extensive experience in the industry and have also focused on innovative solutions and technologies to improve healthcare and modernize the industry as a whole. Business model: The business model of Pennant Group Inc is focused on healthcare and nursing services. It provides specialized services for elderly individuals and those in need of long-term care. These services include rehabilitative therapy, home and facility-based care, hospice and palliative care, and much more. The company also serves patients with mental or behavioral health issues. Different segments: Pennant Group is a versatile company and offers a wide range of services. The different segments include nursing centers, hospice and palliative care services, home care, and a comprehensive range of rehabilitation services such as physical therapy, occupational therapy, and speech therapy. Nursing centers: The nursing centers of Pennant Group offer a wide range of services for elderly individuals and those in need of long-term care. They can receive care in nursing homes or assisted living facilities. The facilities offer various types of care, including short-term care, long-term care, rehabilitation, and reintegration. Hospice and palliative care services: Pennant Group's hospice and palliative care services provide support and care for patients with life-threatening illnesses. They are attended by experienced physicians, nurses, and other healthcare providers. Palliative care focuses on pain management and symptom relief, while hospice services provide planning and coordination of care for patients in their final phase of life. Home care: Pennant Group's home care provides supervised assistance to elderly individuals and people with disabilities. The service includes nursing care, therapy, and support for daily living. Home care is often directed towards patients who require rehabilitation after a hospital stay or surgery. Rehabilitation services: Pennant Group's rehabilitation services encompass a wide range of medical services, such as physical therapy, occupational therapy, and speech therapy. The services are aimed at patients of all ages and are specialized in restoring the mobility and independence of the patients. Products: Pennant Group does not offer specific product services but focuses on providing services. However, the company has made some initial investments in innovative technologies and services, such as the development of virtual caregiving services to enhance patient experience and care efficiency. In summary, the Pennant Group Inc is an emerging healthcare company that offers a wide range of services to improve the care and treatment of elderly individuals and patients with special needs. The company's business model focuses on specialized care, rehabilitation services, a comprehensive hospice and palliative care program, and innovative technologies. The establishment of Pennant Group represents a significant step in the modernization of healthcare. Pennant Group ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Market capitalization Details

Exploring Pennant Group's Market Capitalization

Pennant Group's market capitalization represents the total dollar market value of the company’s outstanding shares of stock. It is calculated by multiplying the company's shares outstanding by the current market price of one share. This metric is a vital indicator of a company’s size, strength, and overall market value.

Year-to-Year Comparison

A yearly comparison of Pennant Group's market capitalization provides investors and analysts insights into its growth and valuation trends. An increase signifies market confidence and business expansion, while a decrease may point towards declining market value or business contractions.

Impact on Investments

Pennant Group's market capitalization plays a pivotal role in investment decisions. It aids investors in assessing the company's risk and return profiles. Larger companies are often considered more stable but may offer lower growth potential, while smaller companies might offer significant growth prospects but come with higher risk.

Interpreting Market Capitalization Fluctuations

Variations in Pennant Group’s market capitalization can be attributed to several factors, including changes in stock price, outstanding shares, and market sentiment. Understanding these fluctuations helps investors evaluate the company's current standing and future potential in the competitive landscape.

Frequently Asked Questions about Pennant Group stock

What is the current Pennant Group market capitalization?

The current market capitalization of Pennant Group is 993.95 M USD.

What is market capitalization?

The market capitalization (German: Marktkapitalisierung, English: market capitalization, abbreviated as market cap, also known as stock exchange capitalization or market value) is the calculated total value of all shares of a publicly traded company like Pennant Group.

How has the market capitalization of Pennant Group developed in recent years?

The market capitalization of Pennant Group has increased/decreased by 195.88% compared to the previous year.

What does market capitalization mean for investors?

The market capitalization of a company reflects the current market consensus on the value of the equity of a publicly traded company.

Why is market capitalization an important indicator for investors?

The market capitalization of a company reflects the current market consensus on the value of a publicly traded company's equity. It is determined by the supply and demand for the company's shares. Market capitalization is thus significantly influenced by expectations in the stock market regarding the future earnings power of the company, and as such, it can undergo significant fluctuations.

Why does the market capitalization fluctuate?

The market capitalization fluctuates along with the stock price, as the market capitalization is calculated based on the current price and the number of outstanding shares.

What role does market capitalization play in the valuation of Pennant Group?

In order to compare the value of companies, it is helpful to consider not only the market capitalization but also the net debt of a company. A potential buyer of the entire company would also acquire the debts of the company. The enterprise value is the total value of a company or a stock corporation. The net financial indebtedness of the company is added to the market capitalization.

Does the market capitalization influence the performance of Pennant Group?

There is no verifiable long-term evidence or study that stocks with a specific market capitalization (whether Mega/Large/Mid/Small Cap) would consistently yield significantly higher returns than others. There are occasional small studies (few stocks, short investment period) suggesting that certain classes may perform better or have higher risk, but none of them are 1. conclusive (cause-effect relationship is unclear, experiment is not repeatable) or 2. generalizable (generalization is not possible due to small sample size and time period).

Does the market capitalization of Pennant Group have an influence on indices?

Some stock indices use market capitalization as index weighting. Stocks with a higher market capitalization are also weighted higher in the index. This is in contrast to equally weighted indices (all stocks have the same weighting) and free float weighted indices (market capitalization weighting, but only with the number of shares in free float).

How much dividend does Pennant Group pay?

Over the past 12 months, Pennant Group paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Pennant Group is expected to pay a dividend of 0 USD.

What is the dividend yield of Pennant Group?

The current dividend yield of Pennant Group is .

When does Pennant Group pay dividends?

Pennant Group pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Pennant Group?

Pennant Group paid dividends every year for the past 0 years.

What is the dividend of Pennant Group?

For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.

In which sector is Pennant Group located?

Pennant Group is assigned to the 'Health' sector.

Wann musste ich die Aktien von Pennant Group kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Pennant Group from 10/2/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 10/2/2024.

When did Pennant Group pay the last dividend?

The last dividend was paid out on 10/2/2024.

What was the dividend of Pennant Group in the year 2023?

In the year 2023, Pennant Group distributed 0 USD as dividends.

In which currency does Pennant Group pay out the dividend?

The dividends of Pennant Group are distributed in USD.

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Andere Kennzahlen von Pennant Group

Our stock analysis for Pennant Group Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Pennant Group Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.