PACS Group Inc (NYSE:PACS) has seen 531.41 shares traded in the last trading session. The company, currently valued at $2.05B, closed the last trade at $13.30 per share which meant it lost -$14.03 on the day or 13.18% during that session. The PACS stock price is -230.23% off its 52-week high price of $43.92 and 37.74% above the 52-week low of $8.28. If we look at the company’s 10-day average daily trading volume, we find that it stood at 0.78 million shares traded. The 3-month trading volume is 2.70 shares.
The consensus among analysts is that PACS Group Inc (PACS) is Buy stock at the moment, with a recommendation rating of 75.50. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 0 out of 5 have rated it as a Hold, with 5 advising it as a Buy. 0 have rated the stock as Underweight.
PACS Group Inc (NYSE:PACS) trade information
Sporting 13.18% in the green in last session, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the PACS stock price touched $13.30 or saw a rise of 3.9%. Year-to-date, PACS Group Inc shares have moved -55.23%, while the 5-day performance has seen it change 24.46%. Over the past 30 days, the shares of PACS Group Inc (NYSE:PACS) have changed 25.05%. Short interest in the company has seen 2.76 million shares shorted with days to cover at 6.42.
Wall Street analysts have a consensus price target for the stock at $37.5, which means that the shares’ value could jump 64.53% from current levels. The projected low price target is $30.0 while the price target rests at a high of $44.0. In that case, then, we find that the current price level is -230.83% off the targeted high while a plunge would see the stock gain -125.56% from current levels.
PACS Group Inc (PACS) estimates and forecasts
The company’s shares have lost -13.18% over the past 6 months.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 53.43% – over the past 5 years.
PACS Dividends
PACS Group Inc is expected to release its next earnings report on 2024-Aug-12 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
PACS Group Inc (NYSE:PACS)’s Major holders
Insiders own 72.29% of the company shares, while shares held by institutions stand at 29.86% with a share float percentage of 107.76%. Investors are also buoyed by the number of investors in a company, with PACS Group Inc having a total of 210.0 institutions that hold shares in the company. The top two institutional holders are COHEN & STEERS, INC. with over 5.33 million shares worth more than $157.21 million. As of 2024-06-30, COHEN & STEERS, INC. held 3.4967% of shares outstanding.
The other major institutional holder is WELLINGTON MANAGEMENT GROUP LLP, with the holding of over 3.35 million shares as of 2024-06-30. The firm’s total holdings are worth over $98.85 million and represent 2.1986% of shares outstanding.
