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 $15.81 for the day, down -4.47% from the previous closing price of $16.55. In other words, the price has decreased by -$4.47 from its previous closing price. On the day, 0.6 million shares were traded. PACS stock price reached its highest trading level at $16.8 during the session, while it also had its lowest trading level at $15.81.
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.
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. On Apr 11 ’24, another insider, Millard Jacqueline, who serves as the Director of the company, bought 433 shares for $23.08 each. As a result, the insider paid 9,993 and bolstered with 433 shares of the company.
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 2568192256 and an Enterprise Value of 5056156672. Its current Enterprise Value per Revenue stands at 1.421 whereas that against EBITDA is 20.307.
Stock Price History:
Over the past 52 weeks, PACS has reached a high of $43.92, while it has fallen to a 52-week low of $16.09. The 50-Day Moving Average of the stock is -51.31%, while the 200-Day Moving Average is calculated to be -50.43%.
Shares Statistics:
PACS traded an average of 1.58M shares per day over the past three months and 1553610 shares per day over the past ten days. A total of 155.18M shares are outstanding, with a floating share count of 37.97M. Insiders hold about 75.53% of the company’s shares, while institutions hold 32.17% stake in the company. Shares short for PACS as of 1731628800 were 3073037 with a Short Ratio of 1.95, compared to 1728950400 on 2900588.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.03776435
