PennantPark Investment Corporation (PNNT)

NYSE: PNNT · Real-Time Price · USD

6.92

-0.03 (-0.43%)

At close: Dec 23, 2024, 4:00 PM

7.00

+0.08 (1.16%)

After-hours: Dec 23, 2024, 7:13 PM EST

PennantPark Investment Stock Forecast

Stock Price Forecast

The 1 analyst with a 12-month price forecast for PNNT stock has a target of 6.00, which predicts a decrease of -13.29% from the current stock price of 6.92.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$6.00	$6.00	$6.00	$6.00
Change	-13.29%	-13.29%	-13.29%	-13.29%

* Price targets were last updated on Sep 9, 2024.

Analyst Ratings

The average analyst rating for PNNT stock from 2 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24	Dec '24
Strong Buy	0	0	0	0	0	0
Buy	1	1	1	1	0	0
Hold	1	1	1	1	2	2
Sell	0	0	0	0	0	0
Strong Sell	1	1	0	0	0	0
Total	3	3	2	2	2	2

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Mickey Schleien Ladenburg Thalmann	Ladenburg Thalmann	Strong Buy → Hold Downgrades n/a	Strong Buy → Hold	Downgrades	n/a	n/a	Nov 27, 2024
Casey Alexander Compass Point	Compass Point	Strong Sell → Hold Upgrades $6	Strong Sell → Hold	Upgrades	$6	-13.29%	Sep 9, 2024
Casey Alexander Compass Point	Compass Point	Hold → Strong Sell Downgrades $6.5	Hold → Strong Sell	Downgrades	$6.5	-6.07%	Jul 15, 2024
Robert Dodd Raymond James	Raymond James	Buy Maintains $7.25 → $7.5	Buy	Maintains	$7.25 → $7.5	+8.38%	Nov 17, 2023
Casey Alexander Compass Point	Compass Point	Strong Buy → Hold Downgrades $6.75	Strong Buy → Hold	Downgrades	$6.75	-2.46%	Aug 15, 2023

More Analyst Ratings

Financial Forecast

Revenue This Year

141.70M

from 143.82M

-1.47%

from 143.82M

Revenue Next Year

138.22M

from 141.70M

-2.46%

from 141.70M

EPS This Year

0.86

from 0.75

15.18%

from 0.75

EPS Next Year

0.87

from 0.86

1.39%

from 0.86

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Sep 30, 2020	Sep 30, 2021	Sep 30, 2022	Sep 30, 2023	Sep 30, 2024	Sep 30, 2025	Sep 30, 2026
Revenue	100.22M	81.59M	104.97M	145.37M	143.82M	141.70M	138.22M
Revenue Growth	-10.60%	-18.60%	28.65%	38.49%	-1.06%	-1.47%	-2.46%
EPS	-0.24	2.49	-0.37	-0.52	0.75	0.86	0.87
EPS Growth	-	-	-	-	-	15.18%	1.39%
Forward PE	-	-	-	-	-	8.02	7.92
No. Analysts	-	-	-	-	-	10	9

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026
High	149.6M	147.9M
Avg	141.7M	138.2M
Low	131.3M	125.4M

Revenue Growth

Revenue Growth	2025	2026
High	4.0%	4.4%
Avg	-1.5%	-2.5%
Low	-8.7%	-11.5%

EPS Forecast

EPS	2025	2026
High	0.95	0.96
Avg	0.86	0.87
Low	0.74	0.76

EPS Growth

EPS Growth	2025	2026
High	26.2%	10.8%
Avg	15.2%	1.4%
Low	-0.5%	-11.4%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.