On Friday, PACS Group Inc (NYSE: PACS) was -5.53% drop from the session before settling in for the closing price of $18.43. A 52-week range for PACS has been $16.74 – $43.92.
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Annual sales at Healthcare sector company grew by 68.04% over the past five years. When this article was written, the company’s average yearly earnings per share was at 70.57%. 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 14.65%, operating margin of 4.22%, 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 31.94%. 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 0.4 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 70.57% 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)
PACS Group Inc (NYSE: PACS) saw its 5-day average volume 1.74 million, a positive change from its year-to-date volume of 0.85 million. As of the previous 9 days, the stock’s Stochastic %D was 8.17%. Additionally, its Average True Range was 2.69.
During the past 100 days, PACS Group Inc’s (PACS) raw stochastic average was set at 2.47%, which indicates a significant increase from 2.47% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 239.84% in the past 14 days, which was higher than the 106.82% volatility it showed in the past 100 days.
Nevertheless, the first resistance level for the watch stands at $18.14 in the near term. At $18.87, the stock is likely to face the second major resistance level. The third major resistance level sits at $19.25. If the price goes on to break the first support level at $17.03, it is likely to go to the next support level at $16.65. Assuming the price breaks the second support level, the third support level stands at $15.92.
PACS Group Inc (NYSE: PACS) Key Stats
There are 152,400K outstanding shares of the company, which has a market capitalization of 2.55 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.
