Investor’s Delight: PACS Group Inc (PACS) Closes Weak at 11.46, Down -6.90

Abby Carey

In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.

The closing price of PACS Group Inc (NYSE: PACS) was $11.46 for the day, down -6.90% from the previous closing price of $12.31. In other words, the price has decreased by -$6.90 from its previous closing price. On the day, 0.82 million shares were traded. PACS stock price reached its highest trading level at $12.671 during the session, while it also had its lowest trading level at $11.36.

On October 09, 2024, UBS started tracking the stock assigning a Buy rating and target price of $50.UBS initiated its Buy rating on October 09, 2024, with a $50 target price.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PACS now has a Market Capitalization of 1778334208 and an Enterprise Value of 4393218048. Its current Enterprise Value per Revenue stands at 1.234 whereas that against EBITDA is 17.645.

Stock Price History:

The Beta on a monthly basis for PACS is 1.01, which has changed by -0.3320673 over the last 52 weeks, in comparison to a change of 0.15085125 over the same period for the S&P500. Over the past 52 weeks, PACS has reached a high of $22.25, while it has fallen to a 52-week low of $7.50. The 50-Day Moving Average of the stock is -6.40%, while the 200-Day Moving Average is calculated to be -2.22%.

Shares Statistics:

PACS traded an average of 920.77K shares per day over the past three months and 613120 shares per day over the past ten days. A total of 152.40M shares are outstanding, with a floating share count of 39.10M. Insiders hold about 74.80% of the company’s shares, while institutions hold 28.16% stake in the company. Shares short for PACS as of 1761868800 were 3137036 with a Short Ratio of 3.41, compared to 1759190400 on 3633129.

Earnings Estimates

The market rating for PACS Group Inc (PACS) is a result of the insights provided by 1 analysts actively involved in the assessment.The consensus estimate for the next quarter is $0.4, with high estimates of $0.4 and low estimates of $0.4.

Analysts are recommending an EPS of between $1.44 and $1.44 for the fiscal current year, implying an average EPS of $1.44. EPS for the following year is $1.9, with 1.0 analysts recommending between $1.9 and $1.9.

Revenue Estimates

For the next quarter, 1 analysts are estimating revenue of $1.07B. There is a high estimate of $1.07B for the next quarter, whereas the lowest estimate is $1.07B.

Based on 1 analysts’ estimates, the company’s revenue will be $4.61B in the next fiscal year. The high estimate is $4.61B and the low estimate is $4.61B.

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