A new trading day began on Tuesday, with PACS Group Inc. (NYSE: PACS) stock price up 1.20% from the previous day of trading, before settling in for the closing price of $41.73. PACS’s price has ranged from $22.61 to $43.23 over the past 52 weeks.
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Healthcare Sector giant saw their annual sales surged by 68.04% over the last five years. Meanwhile, its annual earnings per share averaged 84.31%. With a float of $37.97 million, this company’s outstanding shares have now reached $155.18 million.
The firm has a total of 32433 workers. Let’s measure their productivity. 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 Activity
As we move forward, let’s examine how large-scale investors are investing in this stock of the Medical Care Facilities Industry. 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) Earnings and Forecasts
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
Here are PACS Group Inc.’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.71.
Technical Analysis of PACS Group Inc. (PACS)
Analysing the last 5-days average volume posted by the [PACS Group Inc., PACS], we can find that recorded value of 0.69 million was better than the volume posted last year of 0.59 million. As of the previous 9 days, the stock’s Stochastic %D was 58.32%. Additionally, its Average True Range was 1.32.
During the past 100 days, PACS Group Inc.’s (PACS) raw stochastic average was set at 93.52%, which indicates a significant increase from 80.24% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 24.72% in the past 14 days, which was lower than the 43.31% volatility it showed in the past 100 days.
Now, the first resistance to watch is $42.72. This is followed by the second major resistance level at $43.21. The third major resistance level sits at $43.95. If the price goes on to break the first support level at $41.49, it is likely to go to the next support level at $40.75. Should the price break the second support level, the third support level stands at $40.26.
PACS Group Inc. (NYSE: PACS) Key Stats
With a market capitalization of 6.55 billion, the company has a total of 152,400K Shares Outstanding. Currently, annual sales are 3,111 M while annual income is 112,870 K. The company’s previous quarter sales were 981,850 K while its latest quarter income was -10,910 K.
