PACS Group, Inc. (PACS)

NYSE: PACS · IEX Real-Time Price · USD
24.87
+0.02 (0.08%)
May 10, 2024, 4:02 PM EDT - Market closed
0.08%
Market Cap 3.73B
Revenue (ttm) 3.11B
Net Income (ttm) 112.87M
Shares Out 150.15M
EPS (ttm) 0.88
PE Ratio 28.26
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 246,024
Open 25.01
Previous Close 24.85
Day's Range 24.33 - 25.01
52-Week Range 22.61 - 25.72
Beta n/a
Analysts Strong Buy
Price Target 30.50 (+22.64%)
Earnings Date May 20, 2024

About PACS

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. [Read more]

Sector Healthcare
IPO Date Apr 11, 2024
Employees 32,433
Stock Exchange NYSE
Ticker Symbol PACS
Full Company Profile

Financial Performance

In 2023, PACS Group's revenue was $3.11 billion, an increase of 28.47% compared to the previous year's $2.42 billion. Earnings were $112.87 million, a decrease of -25.00%.

Financial numbers in USD Financial Statements

Analyst Forecast

According to 6 analysts, the average rating for PACS stock is "Strong Buy." The 12-month stock price forecast is $30.5, which is an increase of 22.64% from the latest price.

Price Target
$30.5
(22.64% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

PACS Group to Announce First Quarter 2024 Financial Results

FARMINGTON, Utah--(BUSINESS WIRE)--PACS Group, Inc. (NYSE: PACS) (“PACS Group” or the “Company”), today announced that it will release its first quarter 2024 financial results after market close on Mo...

4 days ago - Business Wire

PACS Group, Inc. Announces Closing of Its Initial Public Offering and Full Exercise of the Underwriters' Option to Purchase Additional Shares from the Selling Stockholders

FARMINGTON, Utah--(BUSINESS WIRE)--PACS Group, Inc. (“PACS” or the “Company”) today announced the closing of its initial public offering of 21,428,572 shares of its common stock sold by the Company at...

25 days ago - Business Wire

Healthcare firm PACS Group's shares rise 9% in NYSE debut

PACS Group shares rose 9.5% in their debut on the New York Stock Exchange on Thursday, valuing the healthcare firm at $4 billion.

4 weeks ago - Reuters

PACS Group, Inc. Announces Pricing of Its Upsized Initial Public Offering

FARMINGTON, Utah--(BUSINESS WIRE)--PACS Group, Inc. (“PACS” or the “Company”) today announced the pricing of its upsized initial public offering of 21,428,572 shares of its common stock being sold by ...

4 weeks ago - Business Wire

Healthcare firm PACS Group eyes up to $3.25 bln valuation in US IPO

PACS Group said it is seeking a valuation of as much as $3.25 billion in its U.S. initial public offering, the latest in a string of firms looking to take advantage of improving investor interest for ...

5 weeks ago - Reuters

Post-acute healthcare provider PACS Group files for an estimated $500 million IPO

PACS Group, a post-acute care provider with 208 independently operated facilities across the US, filed on Wednesday with the SEC to raise up to $100 million in an initial public offering.

2 months ago - Renaissance Capital

PACS Group IPO Registration Document (S-1)

PACS Group has filed to go public with an IPO on the New York Stock Exchange (NYSE).

2 months ago - SEC