Pennantpark Investment Stock Today
| PNNT Stock | USD 7.13 0.08 1.13% |
Performance1 of 100
| Odds Of DistressLess than 45
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PennantPark Investment is selling for under 7.13 as of the 27th of April 2024; that is 1.13 percent increase since the beginning of the trading day. The stock's last reported lowest price was 7.08. PennantPark Investment has 45 percent odds of going through some form of financial distress in the next two years and did not have a very good performance for investor during the last 90 trading days. Equity ratings for PennantPark Investment are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 28th of March 2024 and ending today, the 27th of April 2024. Click here to learn more.
Business Domain Financial Services | IPO Date 19th of April 2007 | Classification Financials |
PennantPark Investment Corporation, a business development company is a private equity fund specializes in direct and mezzanine investments in middle market companies. The fund may also make non-control equity and debt investments. Pennantpark Investme operates under Asset Management classification in the United States and is traded on New York Stock Exchange.. The company has 65.22 M outstanding shares of which 437.56 K shares are at this time shorted by private and institutional investors with about 1.94 trading days to cover. More on PennantPark Investment
Moving against PennantPark Stock
| 0.44 | CDAQW | Compass Digital Acqu | PairCorr |
Follow Valuation Options Odds of Bankruptcy
Financial Report 8th of May 2024
PennantPark Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. PennantPark Investment's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding PennantPark Investment or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Chairman | Arthur Penn | ||||
| Thematic Idea | Diversified Assets (View all Themes) | ||||
| Business Concentration | Asset Management & Custody Banks, Financial Services, Diversified Assets, Financials, Capital Markets, Asset Management, Financial Services (View all Sectors) | ||||
| Average Analyst Recommendation Analysts covering PennantPark Investment report their recommendations after researching PennantPark Investment's financial statements, talking to executives and customers, or listening in on PennantPark Investment's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering PennantPark Investment. The PennantPark consensus assessment is calculated by taking the average forecast from all of the analysts covering PennantPark Investment. | |||||
PennantPark Investment's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to PennantPark Investment's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. PennantPark Investment's bond ratings measure its overall creditworthiness, which in many ways corresponds to the cost of borrowing for an issuer. These ratings assign a letter grade to all of PennantPark Investment's outstanding corporate bonds that indicate their credit quality. We use reports published by private self-sufficient rating services such as Standard & Poor's or Fitch Ratings Inc. to evaluate a bond issuer's financial strength or its ability to pay a bond's principal and interest. Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand PennantPark Investment's financial leverage. It provides some insight into what part of PennantPark Investment's total assets is financed by creditors.
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PennantPark Investment (PNNT) is traded on New York Stock Exchange in USA. It is located in 1691 Michigan Avenue, Miami Beach, FL, United States, 33139 and employs 62 people. PennantPark Investment is listed under Asset Management & Custody Banks category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 471.57 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate PennantPark Investment's market, we take the total number of its shares issued and multiply it by PennantPark Investment's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. PennantPark Investment conducts business under Capital Markets sector and is part of Financials industry. The entity has 65.22 M outstanding shares of which 437.56 K shares are at this time shorted by private and institutional investors with about 1.94 trading days to cover.
PennantPark Investment currently holds about 29.55 M in cash with 222.94 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.45.
Check PennantPark Investment Probability Of Bankruptcy
Ownership AllocationPennantPark Investment owns a total of 65.22 Million outstanding shares. PennantPark Investment holds 3.36 pct. of its outstanding shares held by insiders and 29.47799999999999 pct. owned by third-party entities. Please note that no matter how many assets the company maintains, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check PennantPark Ownership Details
PennantPark Stock Price Odds Analysis
Attributed to a normal probability distribution, the odds of PennantPark Investment jumping above the current price in 90 days from now is near 1%. The PennantPark Investment probability density function shows the probability of PennantPark Investment stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days PennantPark Investment has a beta of -0.0455 indicating as returns on the benchmark increase, returns on holding PennantPark Investment are expected to decrease at a much lower rate. During a bear market, however, PennantPark Investment is likely to outperform the market. Additionally, pennantPark Investment has an alpha of 0.0326, implying that it can generate a 0.0326 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of PennantPark Investment to move above the current price in 90 days from now is near 1 (This PennantPark Investment probability density function shows the probability of PennantPark Stock to fall within a particular range of prices over 90 days) .
PennantPark Stock Institutional Holders
Institutional Holdings refers to the ownership stake in PennantPark Investment that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of PennantPark Investment's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing PennantPark Investment's value.| Instituion | Recorded On | Shares | |
| Blackrock Inc | 2023-12-31 | 355.8 K | |
| Condor Capital Management | 2023-12-31 | 271.6 K | |
| Newedge Wealth, Llc | 2023-12-31 | 270.5 K | |
| First Republic Inv Mgmt Inc | 2023-09-30 | 270.4 K | |
| Golden Green, Inc. | 2023-09-30 | 252.5 K | |
| Claybrook Capital, Llc | 2023-09-30 | 246.3 K | |
| Lido Advisors, Llc | 2023-12-31 | 246.3 K | |
| Legacy Capital Wealth Partners, Llc | 2023-12-31 | 235.6 K | |
| Hrt Financial Llc | 2023-12-31 | 196 K | |
| Ares Management Llc | 2023-12-31 | 3.2 M | |
| Lsv Asset Management | 2023-12-31 | 2.1 M |
PennantPark Investment Historical Income Statement
PennantPark Investment Income Statement is one of the three primary financial statements used for reporting PennantPark's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of PennantPark Investment revenue and expense. PennantPark Investment Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, PennantPark Investment's Interest Expense is comparatively stable compared to the past year. Total Revenue is likely to gain to about 175.5 M in 2024, despite the fact that Gross Profit is likely to grow to (44.1 M). View More FundamentalsPennantPark Stock Against Markets
Picking the right benchmark for PennantPark Investment stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in PennantPark Investment stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for PennantPark Investment is critical whether you are bullish or bearish towards PennantPark Investment at a given time. Please also check how PennantPark Investment's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in PennantPark Investment without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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PennantPark Investment Corporate Directors
PennantPark Investment corporate directors refer to members of a PennantPark Investment board of directors. The board of directors generally takes responsibility for the PennantPark Investment's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of PennantPark Investment's board members must vote for the resolution. The PennantPark Investment board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Adam Bernstein | Independent Director | Profile | |
| Jeffrey Flug | Independent Director | Profile | |
| April Lee | Director , Fundraising & Strategy | Profile | |
| Steve Winograd | Managing Director | Profile |
How to buy PennantPark Stock?
Before investing in PennantPark Investment, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in PennantPark Investment. To buy PennantPark Investment stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of PennantPark Investment. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase PennantPark Investment stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located PennantPark Investment stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased PennantPark Investment stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as PennantPark Investment, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy PennantPark Stock please use our How to Invest in PennantPark Investment guide.
Already Invested in PennantPark Investment?
The danger of trading PennantPark Investment is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of PennantPark Investment is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than PennantPark Investment. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile PennantPark Investment is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether PennantPark Investment is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if PennantPark Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Pennantpark Investment Stock. Highlighted below are key reports to facilitate an investment decision about Pennantpark Investment Stock: Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PennantPark Investment. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. For more information on how to buy PennantPark Stock please use our How to Invest in PennantPark Investment guide.You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Complementary 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.
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Is PennantPark Investment's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of PennantPark Investment. If investors know PennantPark will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about PennantPark Investment listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.578 | Dividend Share 0.8 | Earnings Share 0.74 | Revenue Per Share 2.296 | Quarterly Revenue Growth 0.146 |
The market value of PennantPark Investment is measured differently than its book value, which is the value of PennantPark that is recorded on the company's balance sheet. Investors also form their own opinion of PennantPark Investment's value that differs from its market value or its book value, called intrinsic value, which is PennantPark Investment's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because PennantPark Investment's market value can be influenced by many factors that don't directly affect PennantPark Investment's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between PennantPark Investment's value and its price as these two are different measures arrived at by different means. Investors typically determine if PennantPark Investment is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PennantPark Investment's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.