Last Updated: 14 Nov 2024
Executive Summary
PACS Group, Inc. (PACS) is a healthcare services company specializing in skilled nursing care facilities. The company has a market capitalization of $6.32 billion and trades on the NYSE under the symbol "PACS." PACS has a strong financial position with an EBITDA of $249 million and a trailing PE ratio of 66.75. Analysts are bullish on the stock, with a consensus price target of $41.
Company Overview
PACS Group, Inc. is a leading provider of skilled nursing care services in the United States. The company operates over 500 facilities in 30 states and employs over 40,000 people. PACS offers a range of services, including skilled nursing, rehabilitation, and long-term care. The company's mission is to provide high-quality care to patients in a compassionate and supportive environment.
Fundamental Analysis
PACS Group, Inc. has a strong financial position. The company's revenue has grown steadily in recent years, and its profit margin is healthy. PACS has a strong balance sheet with low debt and ample cash flow. The company's earnings per share (EPS) is $0.61, and its dividend yield is none.
Technical Analysis
PACS Group, Inc.'s stock price has been trading in a range between $16.74 and $43.92 over the past 52 weeks. The stock is currently trading at $20.49, which is below its 50-day and 200-day moving averages. The stock's relative strength index (RSI) is 35.37, which indicates that the stock is oversold.
Short Term Outlook
In the short term, PACS Group, Inc.'s stock price is likely to remain range-bound. The stock is currently trading below its moving averages, and its RSI is oversold. This suggests that the stock is due for a bounce. However, the stock's fundamentals are strong, so it is unlikely to fall significantly.
Long Term Outlook
In the long term, PACS Group, Inc.'s stock price is likely to rise. The company has a strong financial position and a growing business. The demand for skilled nursing care services is expected to increase in the coming years, as the population ages. This will benefit PACS, as it is a leading provider of these services.
Analyst Recommendations
Analysts are bullish on PACS Group, Inc.'s stock. The consensus price target is $41, which represents a potential upside of over 100% from the current price. Three analysts have a strong buy rating on the stock, and three have a buy rating. No analysts have a hold, sell, or strong sell rating on the stock.
