PennantPark Investment Corporation (PNNT)
NYSE: PNNT · Real-Time Price · USD
6.97
-0.06 (-0.85%)
Nov 20, 2024, 4:00 PM EST - Market closed
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 -13.92% from the current stock price of 6.97.
Analyst Consensus: Hold
* Price targets were last updated on Sep 9, 2024.
Analyst Ratings
According to 1 stock analyst, the rating for PNNT is "Hold". This means that the analyst believes this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 0 | 0 | 0 | 0 | 0 |
| Buy | 1 | 1 | 1 | 1 | 1 | 0 |
| Hold | 3 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 1 | 1 | 0 | 0 | 0 |
| Total | 5 | 3 | 3 | 2 | 2 | 1 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Compass Point | Compass Point | Strong Sell → Hold Upgrades $6 | Strong Sell → Hold | Upgrades | $6 | -13.92% | Sep 9, 2024 |
| Compass Point | Compass Point | Hold → Strong Sell Downgrades $6.5 | Hold → Strong Sell | Downgrades | $6.5 | -6.74% | Jul 15, 2024 |
| Raymond James | Raymond James | Buy Maintains $7.25 → $7.5 | Buy | Maintains | $7.25 → $7.5 | +7.60% | Nov 17, 2023 |
| Compass Point | Compass Point | Strong Buy → Hold Downgrades $6.75 | Strong Buy → Hold | Downgrades | $6.75 | -3.16% | Aug 15, 2023 |
| Raymond James | Raymond James | Buy Maintains $6.5 → $7.25 | Buy | Maintains | $6.5 → $7.25 | +4.02% | Aug 14, 2023 |
Financial Forecast
Revenue This Year
145.99M
from 145.37M
Increased by 0.43%
Revenue Next Year
142.26M
from 145.99M
Decreased by -2.55%
EPS This Year
0.93
from -0.52
EPS Next Year
0.90
from 0.93
Decreased by -4.06%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 152.5M | 157.4M | 142.8M |
| Avg | 146.0M | 142.3M | 137.2M |
| Low | 137.8M | 122.3M | 129.9M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 4.9% | 7.8% | 0.4% |
| Avg | 0.4% | -2.6% | -3.6% |
| Low | -5.2% | -16.2% | -8.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.03 | 1.03 | 0.93 |
| Avg | 0.93 | 0.90 | 0.86 |
| Low | 0.86 | 0.74 | 0.79 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 10.2% | 4.3% |
| Avg | - | -4.1% | -4.4% |
| Low | - | -20.2% | -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.