PNNT

Pennantpark Investment Corp

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Advanced Chart

7.170

-0.03(-0.417%)1D

Overview
Forecast
Valuation
Earnings

Line

Candle

YTD

High

7.230

Open

7.210

VWAP

7.18

Vol

660.03K

Mkt Cap

468.17M

Low

7.135

Amount

4.74M

EV/EBITDA(TTM)

20.98

Total Shares

65.22M

1.15B

EV/OCF(TTM)

5.55

P/S(TTM)

3.55

PennantPark Investment Corporation is a closed-end, externally managed, non-diversified investment company. The Company’s objectives are to generate both current income and capital appreciation while seeking to preserve capital through debt and equity investments primarily made to the United States middle-market companies in the form of first lien secured debt, second lien secured debt, subordinated debt and equity investments. Its portfolio consists of illiquid securities, including debt and equity investments. Its investment activity depends on factors, including the amount of debt & equity capital available to middle-market companies, the level of merger and acquisition activity for such companies, the general economic environment and the competitive environment for the types of investments the Company make. It invests in sectors, including media, technology, entertainment, gaming, aerospace & defense, building materials, environmental services, healthcare, education among others.

Market Estimates

Earnings Estimates

Revenue

YoY Chg

EPS

YoYChg

FY2025Q3

FY2025Q2

FY2025Q1

29.86M

-19.31%

0.182

-24.13%

33.11M

-7.98%

0.189

-14.29%

35.49M

+3.36%

0.208

-13.52%

Estimates Revision

The market is revising No Change the revenue expectations for PennantPark Investment Corporation (PNNT) for FY2024, with the revenue forecasts being adjusted by 0% over the past three months. During the same period, the stock price has changed by 8.14%.

Revenue Estimates for FY2024

No Change

0.00%

In Past 3 Month

EPS Estimates for FY2024

No Change

0.00%

In Past 3 Month

Stock Price

Go Up

+8.14%

In Past 3 Month

4 Analyst Rating

-5.86% Downside

Wall Street analysts forecast PNNT stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for PNNT is 6.75 USD with a low forecast of 5.75 USD and a high forecast of 8.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

1 Buy

1 Hold

2 Sell

Hold

-5.86% Downside

Current: 7.170

Low

5.75

Averages

6.75

High

8.00

-5.86% Downside

Current: 7.170

Low

5.75

Averages

6.75

High

8.00

Keefe Bruyette

Market Perform

Underperform

downgrade

2025-08-13

Reason

Keefe Bruyette

Price Target

2025-08-13

downgrade

Market Perform

Underperform

Reason

Keefe Bruyette downgraded PennantPark to Underperform from Market Perform with a price target of $6.25, down from $6.50, citing valuation. While a dividend cut may not occur for at least another year, the firm sees forward operating earnings that support \"a dividend much lower than its current level\" and sees risk to the distribution longer term, the analyst tells investors.

Compass Point

Neutral -> Sell

downgrade

2025-05-21

Reason

Compass Point

Price Target

2025-05-21

downgrade

Neutral -> Sell

Reason

Compass Point downgraded PennantPark to Sell from Neutral with a price target of $5.75, down from $6.

Ladenburg Thalmann

Mickey Schleien

Strong Buy

Hold

Downgrades

n/a

2024-11-27

Reason

Ladenburg Thalmann

Mickey Schleien

Price Target

n/a

2024-11-27

Downgrades

Strong Buy

Hold

Reason

Ladenburg downgraded PennantPark to Neutral from Buy with no price target after PennantPark reported Q3 pre-tax NII per share of 23c versus 25c the previous quarter. The firm's estimates call for net interest income, or NII, per share to remain near the distribution and the firm is reducing its rating to Neutral as the stock has practically achieved its now-removed price target of $7.

Compass Point

Casey Alexander

Strong Sell

Hold

Upgrades

2024-09-09

Reason

Compass Point

Casey Alexander

Price Target

2024-09-09

Upgrades

Strong Sell

Hold

Reason

See All Ratings

Valuation Metrics

The current forward P/E ratio for Pennantpark Investment Corp (PNNT.N) is 7.81, compared to its 5-year average forward P/E of 8.18. For a more detailed relative valuation and DCF analysis to assess Pennantpark Investment Corp 's fair value, click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.

Fair

5Y Average PE

8.18

Current PE

7.81

Overvalued PE

9.88

Undervalued PE

6.48

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.

N/A

5Y Average EV/EBITDA

0.00

Current EV/EBITDA

0.00

Overvalued EV/EBITDA

0.00

Undervalued EV/EBITDA

0.00

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.

Fair

5Y Average PS

3.53

Current PS

3.20

Overvalued PS

4.35

Undervalued PS

2.71