PACS Group Inc. (NYSE: PACS) on Tuesday, soared 2.04% from the previous trading day, before settling in for the closing price of $40.11. Within the past 52 weeks, PACS’s price has moved between $22.61 and $42.25.
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Annual sales at Healthcare sector company grew by 68.04% over the past five years. The company achieved an average annual earnings per share of 84.31%. With a float of $37.97 million, this company’s outstanding shares have now reached $155.18 million.
Let’s look at the performance matrix of the company that is accounted for 32433 employees. In terms of profitability, gross margin is 14.19%, operating margin of 4.25%, and the pretax margin is 3.17%.
PACS Group Inc. (PACS) Insider Updates
Observing investor behavior towards Medical Care Facilities industry stocks is more important than anything else. The insider ownership of PACS Group Inc. is 75.53%, while institutional ownership is 19.47%. The most recent insider transaction that took place on Sep 09 ’24, was worth 294,652,760. In this transaction Co-Founder & Exec. Vice Chair. of this company sold 8,128,352 shares at a rate of $36.25, taking the stock ownership to the 45,126,199 shares. Before that another transaction happened on Sep 09 ’24, when Company’s Co-Founder, CEO & Chairman sold 8,128,352 for $36.25, making the entire transaction worth $294,652,760. This insider now owns 45,126,199 shares in total.
PACS Group Inc. (PACS) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 84.31% per share during the next fiscal year.
PACS Group Inc. (NYSE: PACS) Trading Performance Indicators
PACS Group Inc. (PACS) is currently performing well based on its current performance indicators. A quick ratio of 1.71 was reported for the most recent quarter.
Technical Analysis of PACS Group Inc. (PACS)
PACS Group Inc. (NYSE: PACS) saw its 5-day average volume 0.69 million, a positive change from its year-to-date volume of 0.59 million. As of the previous 9 days, the stock’s Stochastic %D was 77.69%. Additionally, its Average True Range was 1.28.
During the past 100 days, PACS Group Inc.’s (PACS) raw stochastic average was set at 90.87%, which indicates a significant increase from 84.44% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 22.29% in the past 14 days, which was lower than the 43.95% volatility it showed in the past 100 days.
Nevertheless, the first resistance level for the watch stands at $41.58 in the near term. At $42.22, the stock is likely to face the second major resistance level. The third major resistance level sits at $42.98. If the price goes on to break the first support level at $40.18, it is likely to go to the next support level at $39.42. Assuming the price breaks the second support level, the third support level stands at $38.78.
PACS Group Inc. (NYSE: PACS) Key Stats
Market capitalization of the company is 6.35 billion based on 152,400K outstanding shares. Right now, sales total 3,111 M and income totals 112,870 K. The company made 981,850 K in profit during its latest quarter, and -10,910 K in sales during its previous quarter.
