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Upturn AI SWOT - About
PNNT 
PennantPark Investment Corporation (PNNT)
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Upturn Advisory Summary
04/01/2025: PNNT (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
AI Based Fundamental Rating
Moderate Performance
These Stocks/ETFs, based on Upturn Advisory, typically align with the market average, offering steady but unremarkable returns.
Analysis of Past Performance
Type Stock | Historic Profit 19.6% | Avg. Invested days 44 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  3.0 | Stock Returns Performance  2.0 |
| Profits based on simulation | Last Close 04/01/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 462.30M USD | Price to earnings Ratio 8.43 | 1Y Target Price 7 |
Price to earnings Ratio 8.43 | 1Y Target Price 7 | ||
Volume (30-day avg) 425455 | Beta 1.52 | 52 Weeks Range 5.87 - 7.26 | Updated Date 04/1/2025 |
52 Weeks Range 5.87 - 7.26 | Updated Date 04/1/2025 | ||
Dividends yield (FY) 13.66% | Basic EPS (TTM) 0.84 |
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 37.78% | Operating Margin (TTM) 74.35% |
Management Effectiveness
Return on Assets (TTM) 5.02% | Return on Equity (TTM) 10.93% |
Valuation
Trailing PE 8.43 | Forward PE 8.55 | Enterprise Value 1178567296 | Price to Sales(TTM) 3.21 |
Enterprise Value 1178567296 | Price to Sales(TTM) 3.21 | ||
Enterprise Value to Revenue 19.03 | Enterprise Value to EBITDA 19.07 | Shares Outstanding 65296100 | Shares Floating - |
Shares Outstanding 65296100 | Shares Floating - | ||
Percent Insiders 3.37 | Percent Institutions 24.55 |
Analyst Ratings
Rating 3.25 | Target Price 6.9 | Buy - | Strong Buy 1 |
Buy - | Strong Buy 1 | ||
Hold 7 | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
PennantPark Investment Corporation
Company Overview
History and Background
PennantPark Investment Corporation (PNNT) was founded in 2007 and is a business development company (BDC) that provides debt and equity capital to middle market companies. It focuses on generating both current income and capital appreciation through direct investments.
Core Business Areas
- Direct Lending: Providing first lien secured debt, second lien secured debt, and subordinated debt to U.S. middle market companies.
- Equity Investments: Making opportunistic equity investments in connection with debt financings.
Leadership and Structure
PNNT is led by Arthur Penn as Chairman and CEO. The company is structured as a publicly traded business development company (BDC) regulated under the Investment Company Act of 1940.
Top Products and Market Share
Key Offerings
- First Lien Secured Debt: Providing senior secured loans to middle market companies. Market share data specific to PNNT is not readily available, but competition includes Ares Capital Corporation and Golub Capital BDC. Competitors include Ares Capital Corporation and Golub Capital BDC.
- Second Lien Secured Debt: Offering secured loans with a secondary claim on assets. Market share data specific to PNNT is not readily available, competition includes Prospect Capital and Main Street Capital. Competitors include Prospect Capital and Main Street Capital.
Market Dynamics
Industry Overview
The BDC industry is competitive and highly regulated, providing capital to underserved middle market companies. It is affected by interest rates, economic growth, and credit spreads.
Positioning
PNNT is a BDC focused on direct lending to middle market companies, seeking both income and capital appreciation. Competitive advantages may include established relationships and expertise in specific sectors.
Total Addressable Market (TAM)
The TAM for middle market lending is substantial, estimated in the hundreds of billions of dollars annually. PNNT's position depends on its ability to source, underwrite, and manage investments effectively. Specific TAM data is dynamic and based on macroeconomic conditions.
Upturn SWOT Analysis
Strengths
- Experienced management team
- Diversified investment portfolio
- Established relationships with middle market companies
- Access to capital markets
Weaknesses
- Dependence on external financing
- Exposure to credit risk in middle market lending
- Vulnerability to economic downturns
- Fluctuations in net asset value (NAV)
Opportunities
- Growing demand for alternative financing in the middle market
- Expansion into new industries and geographies
- Strategic acquisitions of complementary businesses
- Favorable regulatory changes
Threats
- Increased competition from other BDCs and private credit funds
- Rising interest rates impacting borrower creditworthiness
- Economic recession leading to loan defaults
- Regulatory changes negatively affecting BDCs
Competitors and Market Share
Key Competitors
- ARCC
- MAIN
- TCPC
- GOLU
Competitive Landscape
PNNT competes with other BDCs and private credit funds for investment opportunities. Its success depends on its ability to source attractive deals and manage credit risk effectively.
Major Acquisitions
Growth Trajectory and Initiatives
Historical Growth: Historical growth has been driven by increased lending activity and portfolio expansion.
Future Projections: Future growth projections depend on market conditions and management's strategy. Analyst estimates should be consulted for specific figures.
Recent Initiatives: Recent initiatives may include new investment strategies, partnerships, or capital raising activities. Public filings should be reviewed for current information.
Summary
PennantPark Investment Corporation is a BDC providing capital to middle market companies. It offers both income and capital appreciation, but is susceptible to credit risk and economic downturns. The company's success depends on its ability to source attractive deals and manage its portfolio effectively. Increased competition from other BDCs and fluctuating interest rates remain key challenges.
Similar Companies
ARCC
Ares Capital Corporation
ARCC
Ares Capital Corporation
MAIN
Main Street Capital Corporation
MAIN
Main Street Capital Corporation
TCPC
BlackRock TCP Capital Corp
TCPC
BlackRock TCP Capital Corp
Sources and Disclaimers
Data Sources:
- SEC Filings
- Company Website
- Financial News Outlets
- Market Research Reports
Disclaimers:
The information provided is for informational purposes only and should not be considered financial advice. Consult with a qualified financial advisor before making any investment decisions. Market share estimates are approximations and may not reflect precise figures.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About PennantPark Investment Corporation
Exchange NYSE | Headquaters Miami Beach, FL, United States | ||
IPO Launch date 2007-04-19 | Founder, Chairman, Managing Partner & CEO Mr. Arthur Howard Penn | ||
Sector Financial Services | Industry Asset Management | Full time employees - | Website https://pnnt.pennantpark.com |
Full time employees - | Website https://pnnt.pennantpark.com | ||
PennantPark Investment Corporation, a business development company is a private equity fund specializes in direct and mezzanine investments in middle market companies. It invests in the form of mezzanine debt, senior secured loans, and equity investments. The fund typically invests in buildings and real estate, hotels, gaming and leisure, technology, telecommunications, transportation, information technology services, electronics, healthcare & pharmaceuticals, education and childcare, financial services, printing and publishing, consumer products, business services, energy & Related Services and utilities, distribution, oil and gas, media, environmental services, aerospace and defense, building materials, capital equipment, chemicals, plastics, & rubber, food & beverage, wholesale, manufacturing and basic industries and retail. It invests in equity securities and debt transactions through preferred stock, common stock, warrants, options, senior secured debt, subordinated debt, subordinated loans, first lien debt, mezzanine loans, and distressed debt securities and private equity co-investments. It seeks to invest in companies based in the United States. The fund seeks to invest between $10 million and $100 million cross the capital structure (senior secured loans, subordinated debt, and other investments) in its portfolio companies with EBITDA between $10 to $50 million. Its mezzanine loans, senior secured loans, and other investments in its portfolio companies are between $15 million and $50 million. The fund may also make non-control equity and debt investments.
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