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.
After finishing at $9.20 in the prior trading day, PACS Group Inc (NYSE: PACS) closed at $9.11, down -0.98%. In other words, the price has decreased by -$0.98 from its previous closing price. On the day, 0.84 million shares were traded. PACS stock price reached its highest trading level at $9.33 during the session, while it also had its lowest trading level at $9.045.
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 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:
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.
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 1413671552 and an Enterprise Value of 4035078656. Its current Enterprise Value per Revenue stands at 1.134 whereas that against EBITDA is 16.206.
Stock Price History:
The Beta on a monthly basis for PACS is 0.33, which has changed by -0.60391307 over the last 52 weeks, in comparison to a change of 0.05279863 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 $8.87. The 50-Day Moving Average of the stock is -24.04%, while the 200-Day Moving Average is calculated to be -62.60%.
Shares Statistics:
The stock has traded on average 522.80K shares per day over the past 3-months and 613630 shares per day over the last 10 days, according to various share statistics. A total of 152.40M shares are outstanding, with a floating share count of 38.64M. Insiders hold about 75.10% of the company’s shares, while institutions hold 31.48% stake in the company. Shares short for PACS as of 1743379200 were 2224224 with a Short Ratio of 4.25, compared to 1740700800 on 2441721.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.06793478
