PACS Group (PACS) Expected to Announce Quarterly Earnings on Monday

by · The Cerbat Gem

PACS Group (NYSE:PACS – Get Free Report) is projected to post its Q4 2024 quarterly earnings results before the market opens on Monday, May 12th. Analysts expect PACS Group to post earnings of $0.42 per share for the quarter.

PACS Group Stock Performance

Shares of NYSE:PACS opened at $10.09 on Monday. The company has a quick ratio of 1.71, a current ratio of 1.71 and a debt-to-equity ratio of 0.82. The firm’s 50 day simple moving average is $10.79 and its two-hundred day simple moving average is $15.72. PACS Group has a 1-year low of $8.28 and a 1-year high of $43.92.

Analysts Set New Price Targets

Several brokerages have recently weighed in on PACS. Truist Financial reduced their target price on shares of PACS Group from $46.00 to $32.00 and set a “buy” rating on the stock in a research note on Monday, January 6th. Macquarie dropped their price target on PACS Group from $42.00 to $24.00 and set an “outperform” rating on the stock in a research report on Monday, January 6th. One investment analyst has rated the stock with a hold rating and seven have issued a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $34.00.

View Our Latest Analysis on PACS Group

PACS Group Company Profile

(Get Free Report)

PACS Group, Inc, through its subsidiaries, operates skilled nursing facilities and assisted living facilities in the United States. The company also provides senior care and independent facilities. It engages in the acquisition, ownership, and leasing of health care-related properties. The company was founded in 2013 and is based in Farmington, Utah.

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