Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
The price of PACS Group Inc (NYSE: PACS) closed at $12.05 in the last session, up 2.73% from day before closing price of $11.73. In other words, the price has increased by $2.73 from its previous closing price. On the day, 0.61 million shares were traded. PACS stock price reached its highest trading level at $12.39 during the session, while it also had its lowest trading level at $11.605.
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 1869894912 and an Enterprise Value of 4483133952. Its current Enterprise Value per Revenue stands at 1.26 whereas that against EBITDA is 18.006.
Stock Price History:
The Beta on a monthly basis for PACS is 0.83, which has changed by -0.70991814 over the last 52 weeks, in comparison to a change of 0.1513431 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 0.80%, while the 200-Day Moving Average is calculated to be -5.51%.
Shares Statistics:
According to the various share statistics, PACS traded on average about 547.55K shares per day over the past 3-months and 417210 shares per day over the past 10 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 28.95% stake in the company. Shares short for PACS as of 1753920000 were 2469256 with a Short Ratio of 4.51, compared to 1751241600 on 2842108.
Earnings Estimates
A detailed examination of PACS Group Inc (PACS) is currently in progress, with 2 analysts providing valuable insights into its market dynamics.The consensus estimate for the next quarter is $0.38, with high estimates of $0.4 and low estimates of $0.37.
Analysts are recommending an EPS of between $1.61 and $1.44 for the fiscal current year, implying an average EPS of $1.52. EPS for the following year is $1.86, with 2.0 analysts recommending between $1.9 and $1.82.
Revenue Estimates
For the next quarter, 3 analysts are estimating revenue of $1.04B. There is a high estimate of $1.07B for the next quarter, whereas the lowest estimate is $1.02B. Based on 3 analysts’ estimates, the company’s revenue will be $4.59B in the next fiscal year. The high estimate is $4.73B and the low estimate is $4.45B.
