For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
The price of PACS Group Inc (NYSE: PACS) closed at $12.65 in the last session, down -0.78% from day before closing price of $12.75. In other words, the price has decreased by -$0.78% from its previous closing price. On the day, 0.86 million shares were traded. PACS stock price reached its highest trading level at $12.82 during the session, while it also had its lowest trading level at $12.4012.
Ratios:
We take a closer look at PACS’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 1.71 and its Current Ratio is at 1.71. In the meantime, Its Debt-to-Equity ratio is 4.74 whereas as Long-Term Debt/Eq ratio is at 4.52.
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.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Sep 09 ’24 when Hancock Mark sold 8,128,352 shares for $36.25 per share. The transaction valued at 294,652,760 led to the insider holds 45,126,199 shares of the business.
Murray Jason Hulse sold 8,128,352 shares of PACS for $294,652,760 on Sep 09 ’24. The Co-Founder, CEO & Chairman now owns 45,126,199 shares after completing the transaction at $36.25 per share.
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 1963001600 and an Enterprise Value of 4574573568. Its current Enterprise Value per Revenue stands at 1.285 whereas that against EBITDA is 18.373.
Stock Price History:
The Beta on a monthly basis for PACS is 0.35, which has changed by -0.568112 over the last 52 weeks, in comparison to a change of 0.11213791 over the same period for the S&P500. Over the past 52 weeks, PACS has reached a high of $43.92, while it has fallen to a 52-week low of $8.28. The 50-Day Moving Average of the stock is 22.91%, while the 200-Day Moving Average is calculated to be -32.33%.
Shares Statistics:
According to the various share statistics, PACS traded on average about 554.69K shares per day over the past 3-months and 930310 shares per day over the past 10 days. A total of 152.40M shares are outstanding, with a floating share count of 39.11M. Insiders hold about 74.79% of the company’s shares, while institutions hold 29.28% stake in the company. Shares short for PACS as of 1748563200 were 2758610 with a Short Ratio of 4.97, compared to 1745971200 on 2724774.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.04901961
