On Monday, PACS Group Inc. (NYSE: PACS) was -2.67% drop from the session before settling in for the closing price of $41.89. A 52-week range for PACS has been $22.61 – $42.46.
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It was noted that within the last five years, the titan of the Healthcare sector saw sales topped by 68.04%. When this article was written, the company’s average yearly earnings per share was at 84.31%. With a float of $37.97 million, this company’s outstanding shares have now reached $155.18 million.
The extent of productivity of a business whose workforce counts for 32433 workers is very important to gauge. 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
Also, it is sometimes useful to examine the sentiment of large-scale investors toward PACS Group Inc. stocks. The insider ownership of PACS Group Inc. is 75.53%, while institutional ownership is 19.63%. 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
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.39 per share during the current fiscal year.
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
You can see what PACS Group Inc. (PACS) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.71.
Technical Analysis of PACS Group Inc. (PACS)
The latest stats from [PACS Group Inc., PACS] show that its last 5-days average volume of 0.7 million was superior to 0.59 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 73.43%. Additionally, its Average True Range was 1.32.
During the past 100 days, PACS Group Inc.’s (PACS) raw stochastic average was set at 86.92%, which indicates a significant increase from 58.66% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 24.66% in the past 14 days, which was lower than the 43.43% volatility it showed in the past 100 days.
Now, the first resistance to watch is $42.09. This is followed by the second major resistance level at $43.41. The third major resistance level sits at $44.09. If the price goes on to break the first support level at $40.09, it is likely to go to the next support level at $39.40. Assuming the price breaks the second support level, the third support level stands at $38.08.
PACS Group Inc. (NYSE: PACS) Key Stats
There are 152,400K outstanding shares of the company, which has a market capitalization of 6.33 billion. As of now, sales total 3,111 M while income totals 112,870 K. Its latest quarter income was 981,850 K while its last quarter net income were -10,910 K.
