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The closing price of PACS Group Inc (NYSE: PACS) was $11.06 for the day, down -1.43% from the previous closing price of $11.22. In other words, the price has decreased by -$1.43 from its previous closing price. On the day, 0.51 million shares were traded. PACS stock price reached its highest trading level at $11.33 during the session, while it also had its lowest trading level at $10.89.
Ratios:
Our analysis of PACS’s different ratios will help us gain a deeper understanding of the company. 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 1716268800 and an Enterprise Value of 4332257792. Its current Enterprise Value per Revenue stands at 1.217 whereas that against EBITDA is 17.4.
Stock Price History:
The Beta on a monthly basis for PACS is 0.86, which has changed by -0.68748236 over the last 52 weeks, in comparison to a change of 0.18569505 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 -4.33%, while the 200-Day Moving Average is calculated to be -27.09%.
Shares Statistics:
PACS traded an average of 561.85K shares per day over the past three months and 505600 shares per day over the past ten 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 29.31% stake in the company. Shares short for PACS as of 1752537600 were 2469256 with a Short Ratio of 4.39, compared to 1749772800 on 2794445.
