Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
The closing price of PACS Group Inc (NYSE: PACS) was $11.96 for the day, down -2.84% from the previous closing price of $12.31. In other words, the price has decreased by -$2.84 from its previous closing price. On the day, 0.61 million shares were traded. PACS stock price reached its highest trading level at $12.46 during the session, while it also had its lowest trading level at $11.8055.
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.
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 1855928832 and an Enterprise Value of 4615721472. Its current Enterprise Value per Revenue stands at 1.297 whereas that against EBITDA is 18.538.
Stock Price History:
The Beta on a monthly basis for PACS is 0.94, which has changed by -0.6404089 over the last 52 weeks, in comparison to a change of 0.13161862 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 4.74%, while the 200-Day Moving Average is calculated to be -27.05%.
Shares Statistics:
PACS traded an average of 564.66K shares per day over the past three months and 533220 shares per day over the past ten days. A total of 152.40M shares are outstanding, with a floating share count of 39.11M. Insiders hold about 74.79% of the company’s shares, while institutions hold 29.29% stake in the company. Shares short for PACS as of 1749772800 were 2758610 with a Short Ratio of 5.03, compared to 1747267200 on 2693089.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.05077173
Earnings Estimates
The dynamic stock of PACS Group Inc (PACS) is currently attracting attention from 3 analysts actively involved in rating its market status.The consensus estimate for the next quarter is $0.39, with high estimates of $0.4 and low estimates of $0.37.
Analysts are recommending an EPS of between $1.66 and $1.44 for the fiscal current year, implying an average EPS of $1.57. EPS for the following year is $1.87, with 3.0 analysts recommending between $1.9 and $1.82.
Revenue Estimates
For the next quarter, 4 analysts are estimating revenue of $1.05B. There is a high estimate of $1.07B for the next quarter, whereas the lowest estimate is $1.02B.
Based on 4 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.
