At the time of writing, PACS Group Inc [PACS] stock is trading at $13.72, up 2.85%. 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 2.69% over the last week, with a monthly amount drifted -9.26%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
PACS Group Inc [NYSE: PACS] stock has seen the most recent analyst activity on December 17, 2024, when JP Morgan downgraded its rating to a Neutral but kept the price target unchanged to $18 for it. On October 09, 2024, UBS initiated with a Buy rating and assigned a price target of $50 on the stock. Macquarie initiated its recommendation with a Outperform and recommended $35 as its price target on June 28, 2024. Truist started tracking with a Buy rating for this stock on May 06, 2024, and assigned it a price target of $32. In a note dated May 06, 2024, Stephens initiated an Overweight rating and provided a target price of $31 on this stock.
For the past year, the stock price of PACS Group Inc fluctuated between $12.54 and $43.92. Currently, Wall Street analysts expect the stock to reach $42 within the next 12 months. PACS Group Inc [NYSE: PACS] shares were valued at $13.72 at the most recent close of the market. An investor can expect a potential return of 206.12% based on the average PACS price forecast.
Analyzing the PACS fundamentals
Gross Profit Margin for this corporation currently stands at 0.15% with Operating Profit Margin at 0.04%, Pretax Profit Margin comes in at 0.03%, and Net Profit Margin reading is 0.02%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.11 and Total Capital is 0.02. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of4.74.
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 13.36 points at the first support level, and at 13.00 for the second support level. However, for the 1st resistance point, the stock is sitting at 13.92, and for the 2nd resistance point, it is at 14.12.
Ratios To Look Out For
It is important to note that PACS Group Inc [NYSE:PACS] has a current ratio of 1.71. Further, the Quick Ratio stands at 1.71, while the Cash Ratio is 0.16.
Transactions by insiders
Recent insider trading involved Hancock Mark, Co-Founder & Exec. Vice Chair., that happened on Sep 09 ’24 when 8.13 million shares were sold. Co-Founder, CEO & Chairman, Murray Jason Hulse completed a deal on Sep 09 ’24 to sell 8.13 million shares. Meanwhile, Director Millard Jacqueline bought 433.0 shares on Apr 11 ’24.
