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After finishing at $40.45 in the prior trading day, PACS Group Inc. (NYSE: PACS) closed at $39.87, down -1.43%. In other words, the price has decreased by -$1.43 from its previous closing price. On the day, 1.08 million shares were traded. PACS stock price reached its highest trading level at $40.6033 during the session, while it also had its lowest trading level at $39.16.
Ratios:
Our goal is to gain a better understanding of PACS by taking a closer look at its different ratios. 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 June 28, 2024, Macquarie started tracking the stock assigning a Outperform rating and target price of $35.
On May 06, 2024, Truist started tracking the stock assigning a Buy rating and target price of $32.Truist initiated its Buy rating on May 06, 2024, with a $32 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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 6186946560 and an Enterprise Value of 8722894848. Its current Enterprise Value per Revenue stands at 2.451 whereas that against EBITDA is 35.034.
Stock Price History:
Over the past 52 weeks, PACS has reached a high of $42.25, while it has fallen to a 52-week low of $22.61. The 50-Day Moving Average of the stock is 6.89%, while the 200-Day Moving Average is calculated to be 25.10%.
Shares Statistics:
The stock has traded on average 648.85K shares per day over the past 3-months and 592170 shares per day over the last 10 days, according to various share statistics. A total of 155.18M shares are outstanding, with a floating share count of 35.84M. Insiders hold about 76.91% of the company’s shares, while institutions hold 19.41% stake in the company. Shares short for PACS as of 1724976000 were 2253190 with a Short Ratio of 4.45, compared to 1722384000 on 2293777.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.015451174