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The closing price of PACS Group Inc (NYSE: PACS) was $13.36 for the day, up 0.07% from the previous closing price of $13.35. In other words, the price has increased by $0.07 from its previous closing price. On the day, 0.72 million shares were traded. PACS stock price reached its highest trading level at $14.0 during the session, while it also had its lowest trading level at $13.34.
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. 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 2073177984 and an Enterprise Value of 4682777600. Its current Enterprise Value per Revenue stands at 1.316 whereas that against EBITDA is 18.808.
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 $12.54. The 50-Day Moving Average of the stock is -33.42%, while the 200-Day Moving Average is calculated to be -54.87%.
Shares Statistics:
PACS traded an average of 1.46M shares per day over the past three months and 614550 shares per day over the past ten days. A total of 152.40M shares are outstanding, with a floating share count of 37.97M. Insiders hold about 75.53% of the company’s shares, while institutions hold 32.18% stake in the company. Shares short for PACS as of 1734048000 were 3696529 with a Short Ratio of 2.54, compared to 1731628800 on 3073037.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.04681648
