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NYSE:PACS

PACS Group (PACS) Stock Price, News & Analysis

$38.32
-0.16 (-0.42%)
(As of 10/8/2024 ET)

About PACS Group Stock (NYSE:PACS)

Key Stats

Today's Range
$38.25
$39.01
50-Day Range
$32.41
$41.54
52-Week Range
$22.61
$42.25
Volume
508,848 shs
Average Volume
586,989 shs
Market Capitalization
$5.84 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$37.57
Consensus Rating
Buy

Company Overview

PACS Group, Inc., through its subsidiaries, operates skilled nursing facilities and assisted living facilities in the United States. The company also provides senior care and independent facilities. It engages in the acquisition, ownership, and leasing of health care-related properties. The company was founded in 2013 and is based in Farmington, Utah.

PACS Group Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
21st Percentile Overall Score

PACS MarketRank™: 

PACS Group scored higher than 21% of companies evaluated by MarketBeat, and ranked 893rd out of 994 stocks in the medical sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    PACS Group has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 7 buy ratings, no hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    PACS Group has only been the subject of 4 research reports in the past 90 days.

  • Read more about PACS Group's stock forecast and price target.
  • Earnings Growth

    Earnings for PACS Group are expected to grow by 86.41% in the coming year, from $1.03 to $1.92 per share.

  • Price to Earnings Growth Ratio

    PACS Group has a PEG Ratio of 2.52. PEG Ratios above 1 indicate that a company could be overvalued.

  • Read more about PACS Group's valuation and earnings.
  • Percentage of Shares Shorted

    8.06% of the float of PACS Group has been sold short.
  • Short Interest Ratio / Days to Cover

    PACS Group has a short interest ratio ("days to cover") of 4.5.
  • Change versus previous month

    Short interest in PACS Group has recently increased by 28.44%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    PACS Group does not currently pay a dividend.

  • Dividend Growth

    PACS Group does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    8.06% of the float of PACS Group has been sold short.
  • Short Interest Ratio / Days to Cover

    PACS Group has a short interest ratio ("days to cover") of 4.5.
  • Change versus previous month

    Short interest in PACS Group has recently increased by 28.44%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    PACS Group has a news sentiment score of 0.30. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.49 average news sentiment score of Medical companies.
  • News Coverage This Week

    MarketBeat has tracked 16 news articles for PACS Group this week, compared to 11 articles on an average week.
  • Search Interest

    Only 1 people have searched for PACS on MarketBeat in the last 30 days. This is a decrease of -75% compared to the previous 30 days.
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PACS Stock News Headlines

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Analysts Set PACS Group, Inc. (NYSE:PACS) PT at $37.57
PACS Group (NYSE:PACS) Sees Strong Trading Volume - What's Next?
See More Headlines

PACS Stock Analysis - Frequently Asked Questions

PACS Group's stock was trading at $24.00 at the beginning of the year. Since then, PACS shares have increased by 59.7% and is now trading at $38.32.
View the best growth stocks for 2024 here
.

PACS Group, Inc. (NYSE:PACS) released its earnings results on Monday, August, 12th. The company reported ($0.07) earnings per share for the quarter, missing analysts' consensus estimates of $0.35 by $0.42. The firm's revenue for the quarter was up 29.1% on a year-over-year basis.

PACS Group (PACS) raised $450 million in an initial public offering on Thursday, April 11th 2024. The company issued 21,428,572 shares at $21.00 per share.

PACS Group's lock-up period expired on Tuesday, October 8th. PACS Group had issued 21,428,572 shares in its initial public offering on April 11th. The total size of the offering was $450,000,012 based on an initial share price of $21.00. Since the expiration of the company's lock-up period, restrictions preventing company insiders and major shareholders from selling shares in the company have been lifted.

Top institutional investors of PACS Group include SG Americas Securities LLC (0.01%). Insiders that own company stock include Jason Hulse Murray and Jacqueline Millard.
View institutional ownership trends
.

Shares of PACS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Company Calendar

Last Earnings
8/12/2024
Today
10/08/2024
Next Earnings (Estimated)
11/11/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Skilled nursing care facilities
Sub-Industry
Healthcare
Fax
N/A
Employees
32,433
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$37.57
High Stock Price Target
$45.00
Low Stock Price Target
$27.00
Potential Upside/Downside
-2.0%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
7 Analysts

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$3.11 billion

Miscellaneous

Free Float
N/A
Market Cap
$5.84 billion
Optionable
Optionable
Beta
N/A
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This page (NYSE:PACS) was last updated on 10/8/2024 by MarketBeat.com Staff
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