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NYSE:PACS

PACS Group (PACS) Stock Price, News & Analysis

$40.03
+1.02 (+2.61%)
(As of 08/21/2024 ET)
Today's Range
$38.55
$40.03
50-Day Range
$28.66
$40.03
52-Week Range
$22.61
$40.32
Volume
127,815 shs
Average Volume
457,520 shs
Market Capitalization
$6.10 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$37.00

PACS Group MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
7.6% Downside
$37.00 Price Target
Short Interest
Bearish
11.68% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.37mentions of PACS Group in the last 14 days
Based on 17 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
46.46%
From $1.27 to $1.86 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.64 out of 5 stars

Medical Sector

678th out of 924 stocks

Skilled Nursing Care Facilities Industry

2nd out of 2 stocks

About PACS Group

PACS Group, Inc., through its subsidiaries, operates skilled nursing facilities and assisted living facilities in the United States. The company also provides senior care and independent facilities. It engages in the acquisition, ownership, and leasing of health care-related properties. The company was founded in 2013 and is based in Farmington, Utah.

PACS Stock Price History

PACS Stock News Headlines

Wanted Dead: Petrodollar
The death of the "petrodollar" seems imminent. And the implications could not be worse for Americans. Russia, China and India have decided to abandon the petrodollar.
Wanted Dead: Petrodollar
The death of the "petrodollar" seems imminent. And the implications could not be worse for Americans. Russia, China and India have decided to abandon the petrodollar.
PACS Group (NYSE:PACS) Price Target Raised to $40.00
Citigroup Boosts PACS Group (NYSE:PACS) Price Target to $41.00
Expert Ratings For PACS Group
See More Headlines
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Company Calendar

Last Earnings
8/12/2024
Today
8/22/2024
Next Earnings (Estimated)
11/11/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Skilled nursing care facilities
Sub-Industry
Healthcare
Fax
N/A
Employees
32,433
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$37.00
High Stock Price Target
$44.00
Low Stock Price Target
$27.00
Potential Upside/Downside
-7.6%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
7 Analysts

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$3.56 billion
Book Value
$3.79 per share

Miscellaneous

Free Float
N/A
Market Cap
$6.10 billion
Optionable
Optionable
Beta
N/A
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Key Executives

  • Mr. Jason Murray (Age 44)
    Co-Founder, CEO & Chairman
    Comp: $5.06M
  • Mr. Mark Hancock (Age 48)
    Co-Founder & Exec. Vice Chairman
    Comp: $5.06M
  • Mr. Joshua Jergensen (Age 39)
    Pres & COO
    Comp: $8.3M
  • Mr. Derick Apt (Age 40)
    Chief Financial Officer
    Comp: $5.87M
  • Mr. Peter Sanford (Age 38)
    Pres of Providence Admin. Consulting Services, Inc.
    Comp: $5.61M
  • Ms. Michelle Lewis (Age 47)
    Chief Accounting Officer
  • Mr. John Todd Mitchell Esq. (Age 48)
    Chief Legal Officer & Sec.
  • Mr. Joseph Lee (Age 45)
    Chief Compliance Officer

PACS Stock Analysis - Frequently Asked Questions

How have PACS shares performed this year?

PACS Group's stock was trading at $24.00 on January 1st, 2024. Since then, PACS shares have increased by 66.8% and is now trading at $40.03.
View the best growth stocks for 2024 here
.

How were PACS Group's earnings last quarter?

PACS Group, Inc. (NYSE:PACS) issued its quarterly earnings results on Monday, August, 12th. The company reported ($0.07) earnings per share for the quarter, missing the consensus estimate of $0.35 by $0.42. The business's revenue was up 29.1% compared to the same quarter last year.

When did PACS Group IPO?

PACS Group (PACS) raised $450 million in an IPO on Thursday, April 11th 2024. The company issued 21,428,572 shares at a price of $21.00 per share.

When does PACS Group's lock-up period expire?

PACS Group's lock-up period expires on Tuesday, October 8th. PACS Group had issued 21,428,572 shares in its public offering on April 11th. The total size of the offering was $450,000,012 based on an initial share price of $21.00. After the end of PACS Group's lock-up period, company insiders and major shareholders will be able to sell their shares of the company.

Who are PACS Group's major shareholders?

Top institutional investors of PACS Group include Deerfield Management Company L.P. Series C (0.44%), Lighthouse Investment Partners LLC (0.20%), Millennium Management LLC (0.20%) and Allspring Global Investments Holdings LLC (0.17%). Insiders that own company stock include Jason Hulse Murray and Jacqueline Millard.
View institutional ownership trends
.

How do I buy shares of PACS Group?

Shares of PACS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:PACS) was last updated on 8/22/2024 by MarketBeat.com Staff

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