Pennant Capital Expenditures from 2010 to 2024

PNTG Stock  USD 31.18  0.21  0.67%   
Pennant's Capital Expenditures is increasing over the last several years with slightly volatile swings. Capital Expenditures is predicted to flatten to about 7.3 M. During the period from 2010 to 2024 Pennant Group Capital Expenditures regressed destribution of quarterly values had coefficient of variationof  56.10 and r-value of  0.72. View All Fundamentals
 
Capital Expenditures  
First Reported
2018-03-31
Previous Quarter
2.6 M
Current Value
908 K
Quarterly Volatility
2.5 M
 
Covid
Check Pennant financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Pennant's main balance sheet or income statement drivers, such as Tax Provision of 2.7 M, Discontinued Operations of 0.0 or Depreciation And Amortization of 4.4 M, as well as many indicators such as Price To Sales Ratio of 0.72, Dividend Yield of 0.0101 or PTB Ratio of 2.81. Pennant financial statements analysis is a perfect complement when working with Pennant Valuation or Volatility modules.
  
Check out the analysis of Pennant Correlation against competitors.

Latest Pennant's Capital Expenditures Growth Pattern

Below is the plot of the Capital Expenditures of Pennant Group over the last few years. Capital Expenditures are funds used by Pennant Group to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Pennant operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software. It is Pennant's Capital Expenditures historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Pennant's overall financial position and show how it may be relating to other accounts over time.
Capital Expenditures10 Years Trend
Slightly volatile
   Capital Expenditures   
       Timeline  

Pennant Capital Expenditures Regression Statistics

Arithmetic Mean5,389,712
Geometric Mean4,819,689
Coefficient Of Variation56.10
Mean Deviation2,328,054
Median3,473,000
Standard Deviation3,023,738
Sample Variance9.1T
Range11M
R-Value0.72
Mean Square Error4.7T
R-Squared0.52
Significance0
Slope489,335
Total Sum of Squares128T

Pennant Capital Expenditures History

20247.3 M
20238.1 M
202214.2 M
20216.3 M
20207.3 M
20196.7 M
20183.6 M

About Pennant Financial Statements

Pennant stakeholders use historical fundamental indicators, such as Pennant's Capital Expenditures, to determine how well the company is positioned to perform in the future. Although Pennant investors may analyze each financial statement separately, they are all interrelated. For example, changes in Pennant's assets and liabilities are reflected in the revenues and expenses on Pennant's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Pennant Group. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Capital Expenditures8.1 M7.3 M

Currently Active Assets on Macroaxis

When determining whether Pennant Group is a strong investment it is important to analyze Pennant's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Pennant's future performance. For an informed investment choice regarding Pennant Stock, refer to the following important reports:
Check out the analysis of Pennant Correlation against competitors.
You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Is Health Care Providers & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Pennant. If investors know Pennant will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Pennant listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.365
Earnings Share
0.68
Revenue Per Share
21.663
Quarterly Revenue Growth
0.289
Return On Assets
0.0383
The market value of Pennant Group is measured differently than its book value, which is the value of Pennant that is recorded on the company's balance sheet. Investors also form their own opinion of Pennant's value that differs from its market value or its book value, called intrinsic value, which is Pennant's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Pennant's market value can be influenced by many factors that don't directly affect Pennant's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Pennant's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pennant is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pennant's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.