Analysis of PACS Group Inc. (PACS)’s performance, earnings and valuation

PACS Group Inc. [PACS] stock prices are up 2.56% to $30.50 at the moment. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The PACS shares have gain 4.13% over the last week, with a monthly amount glided 0.10%, and seem to be holding up well over a long-time horizon.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

From an analyst’s perspective:

PACS Group Inc. [NYSE: PACS] stock has seen the most recent analyst activity on June 28, 2024, when Macquarie initiated its Outperform rating and assigned the stock a price target of $35. Previously, Truist started tracking the stock with Buy rating on May 06, 2024, and set its price target to $32. On May 06, 2024, Stephens initiated with a Overweight rating and assigned a price target of $31 on the stock. RBC Capital Mkts started tracking the stock assigning a Outperform rating and suggested a price target of $30 on May 06, 2024. Oppenheimer initiated its recommendation with a Outperform and recommended $31 as its price target on May 06, 2024. JP Morgan started tracking with a Overweight rating for this stock on May 06, 2024, and assigned it a price target of $27. In a note dated May 06, 2024, Citigroup initiated an Buy rating and provided a target price of $32 on this stock.

The stock price of PACS Group Inc. [PACS] has been fluctuating between $22.61 and $31.76 over the past year. Currently, Wall Street analysts expect the stock to reach $32.25 within the next 12 months. PACS Group Inc. [NYSE: PACS] shares were valued at $30.50 at the most recent close of the market. An investor can expect a potential return of 5.74% based on the average PACS price forecast.

Analyzing the PACS fundamentals

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 29.49 points at the first support level, and at 28.99 for the second support level. However, for the 1st resistance point, the stock is sitting at 30.31, and for the 2nd resistance point, it is at 30.63.

Ratios To Look Out For

It’s worth pointing out that PACS Group Inc. [NYSE:PACS]’s Current Ratio is 1.56. Further, the Quick Ratio stands at 1.56.

Transactions by insiders

Recent insider trading involved Murray Jason Hulse, Co-Founder, CEO & Chairman, that happened on Apr 15 ’24 when 1.61 million shares were sold. Co-Founder & Exec. Vice Chair., Hancock Mark completed a deal on Apr 15 ’24 to sell 1.61 million shares. Meanwhile, Director Millard Jacqueline bought 433.0 shares on Apr 11 ’24.

Related Posts