PennantPark Investment Stock Target Price and Analyst Consensus

PNNT Stock  USD 6.75  0.16  2.32%   
The current analyst and expert consensus on PennantPark Investment is Buy with 6 hold recommendations. The current projected PennantPark Investment target price consensus is 7.00 with 8 analyst opinions. One of the most common ways PennantPark Investment analysts use to provide buy-or-sell recommendation to the public are conference calls analysis and financial statements evaluations. Some experts can also talk to PennantPark Investment vendors, executives, and/or customers. Note, the total number of analysts currently providing their opinion is not significant to determine adequate consensus on PennantPark Investment. We strongly encourage you to use your own analysis of PennantPark Investment to validate this buy or sell advice. PennantPark Investment recommendation module provides expert sentiment on the projected PennantPark Investment target price to derive its highest and lowest estimates based on target price standard deviation. Check out Macroaxis Advice on PennantPark Investment to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
For more information on how to buy PennantPark Stock please use our How to Invest in PennantPark Investment guide.
Lowest Forecast
6.37
Highest Forecast
7.77
Target Price
7
Gross Profit is likely to gain to about (44.1 M) in 2024. Pretax Profit Margin is likely to gain to -0.2 in 2024. At this time, PennantPark Investment's Accumulated Other Comprehensive Income is comparatively stable compared to the past year. Net Tangible Assets is likely to gain to about 505.5 M in 2024, whereas Total Current Liabilities is likely to drop slightly above 116.6 M in 2024.
  
It's important to approach PennantPark Investment's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize PennantPark Investment price targets

PennantPark Investment's stock target price is an estimate of its future price, usually made by analysts. Using PennantPark Investment's target price to determine if it is a suitable investment can be done through the following steps:
  • Look at PennantPark Investment's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if PennantPark Investment's stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional PennantPark Investment Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of PennantPark Investment is a key component of PennantPark Investment valuation and have some predictive power on the future returns of a PennantPark Investment.
Hype
Prediction
LowEstimatedHigh
5.736.747.75
Details
Intrinsic
Valuation
LowRealHigh
5.886.887.90
Details
Naive
Forecast
LowNextHigh
5.936.947.96
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.190.200.21
Details

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Additional Tools for PennantPark Stock Analysis

When running PennantPark Investment's price analysis, check to measure PennantPark Investment'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 PennantPark Investment is operating at the current time. Most of PennantPark Investment's value examination focuses on studying past and present price action to predict the probability of PennantPark Investment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PennantPark Investment's price. Additionally, you may evaluate how the addition of PennantPark Investment to your portfolios can decrease your overall portfolio volatility.