DaVita Stock Rallies 17 percent in 3 Months Is it Still Worth Buying?
| PNTG Stock | USD 26.57 0.23 0.87% |
Roughly 53% of Pennant's investor base is interested to short. The analysis of overall sentiment of trading Pennant Group stock suggests that many investors are impartial at this time. The current market sentiment, together with Pennant's historical and current headlines, can help investors time the market. In addition, many technical investors use Pennant Group stock news signals to limit their universe of possible portfolio assets.
Pennant |
DVA stock has the potential to continue its uptrend on the back of better revenues per treatment as well as growth of the overall dialysis market.
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Pennant Fundamental Analysis
We analyze Pennant's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Pennant using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Pennant based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Price To Sales
Price To Sales Comparative Analysis
Pennant is currently under evaluation in price to sales category among its peers. Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Pennant Group Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Pennant stock to make a market-neutral strategy. Peer analysis of Pennant could also be used in its relative valuation, which is a method of valuing Pennant by comparing valuation metrics with similar companies.
Peers
Pennant Related Equities
| CCM | Concord Medical | 10.65 | ||||
| SGRY | Surgery Partners | 2.86 | ||||
| INNV | InnovAge Holding | 2.44 | ||||
| ENSG | Ensign | 1.79 | ||||
| HCSG | Healthcare Services | 1.63 | ||||
| EHC | Encompass Health | 1.39 | ||||
| EHAB | Enhabit | 1.17 | ||||
| ADUS | Addus HomeCare | 0.57 | ||||
| SEM | Select Medical | 0.48 | ||||
| ACHC | Acadia Healthcare | 0.02 | ||||
| NHC | National HealthCare | 0.44 | ||||
| MODV | ModivCare | 0.64 |
Complementary Tools for Pennant Stock analysis
When running Pennant's price analysis, check to measure Pennant's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Pennant is operating at the current time. Most of Pennant's value examination focuses on studying past and present price action to predict the probability of Pennant's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pennant's price. Additionally, you may evaluate how the addition of Pennant to your portfolios can decrease your overall portfolio volatility.
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