The company's fundamentals are relatively healthy. Its valuation is considered fairly valued,and institutional recognition is very high. Over the past 30 days, multiple analysts have rated the company as a Hold. Despite an average stock market performance, the company shows strong fundamentals and technicals. The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Score
Industry at a Glance
Industry Ranking
14 / 30
Overall Ranking
199 / 4731
Industry
Collective Investments
Support & Resistance
No Data
Score Analysis
Current score
Previous score
Analyst Rating
Based on
8
analysts
Hold
Current Rating
6.750
Target Price
-6.51%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
Company Highlights
StrengthsRisks
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.
High Growth
The company's revenue has grown steadily over the past 3 years, averaging 238.22% year-on-year.
Turnaround to Profit
The company's performance has turned profitable, with the latest annual net income of USD 48.85M.%!(EXTRA int=2)
High Dividend
The company is a high dividend payer, with the latest dividend payout ratio of 117.57%.
Overvalued
The company’s latest PE is 9.06, at a high 3-year percentile range.
Institutional Selling
The latest institutional holdings are 16.95M shares, decreasing 21.29% quarter-over-quarter.
Held by Invesco
Star Investor Invesco holds 1.84M shares of this stock.
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.