PennantPark Investment Corporation (PNNT)
NYSE: PNNT · IEX Real-Time Price · USD
7.15
-0.06 (-0.83%)
At close: Jul 19, 2024, 4:00 PM
7.19
+0.04 (0.56%)
Pre-market: Jul 22, 2024, 7:38 AM EDT
PennantPark Investment Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for PNNT stock have an average target of 6.83, with a low estimate of 6.50 and a high estimate of 7.50. The average target predicts a decrease of -4.48% from the current stock price of 7.15.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for PNNT stock from 3 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 0 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 3 | 3 | 3 | 3 | 3 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 1 |
| Total | 5 | 5 | 5 | 5 | 5 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Compass Point | Compass Point | Hold → Strong Sell Downgrades $6.5 | Hold → Strong Sell | Downgrades | $6.5 | -9.09% | Jul 15, 2024 |
| Raymond James | Raymond James | Buy Maintains $7.25 → $7.5 | Buy | Maintains | $7.25 → $7.5 | +4.90% | Nov 17, 2023 |
| Compass Point | Compass Point | Strong Buy → Hold Downgrades $6.75 | Strong Buy → Hold | Downgrades | $6.75 | -5.59% | Aug 15, 2023 |
| Raymond James | Raymond James | Buy Maintains $6.5 → $7.25 | Buy | Maintains | $6.5 → $7.25 | +1.40% | Aug 14, 2023 |
| JP Morgan | JP Morgan | Hold Maintains $6 → $6.5 | Hold | Maintains | $6 → $6.5 | -9.09% | Aug 11, 2023 |
Financial Forecast
Revenue This Year
146.59M
from 145.37M
Increased by 0.84%
Revenue Next Year
147.33M
from 146.59M
Increased by 0.50%
EPS This Year
0.93
from -0.52
EPS Next Year
0.93
from 0.93
Decreased by -0.27%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 154.4M | 160.3M |
| Avg | 146.6M | 147.3M |
| Low | 138.2M | 132.3M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 6.2% | 9.3% |
| Avg | 0.8% | 0.5% |
| Low | -4.9% | -9.7% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 0.99 | 1.01 |
| Avg | 0.93 | 0.93 |
| Low | 0.86 | 0.84 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | - | 8.6% |
| Avg | - | -0.3% |
| Low | - | -9.2% |
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.