PACS Group
PACS

$41.12

0.83%

Market Cap: $6.38B

About: PACS Group Inc is a post-acute healthcare company primarily focused on delivering high-quality skilled nursing care through a portfolio of independently operated facilities Its is a nursing providers in the United States based on number of facilities, with over 200 post-acute care facilities across nine states serving over 20,000 patients daily. It also provide senior care, assisted living, and independent living options in some of communities.

Healthcare Skilled Nursing Care Facilities

0

Funds holding %

of 6,710 funds

0

Analysts bullish %

of 7 analysts

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

20.16% more ownership

Funds ownership: 0% [Q1] → 20.16% (+20.16%) [Q2]

49% less call options, than puts

Call options by funds: $89K | Put options by funds: $174K

See Fund Rankings

Research analyst outlook

7 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$35

15%

downside

Avg. target

$40

2%

downside

High target

$45

9%

upside

7 analyst ratings

7 positive

100%

0 neutral

0%

0 negative

0%

Citigroup Jason Cassorla 89% 1-year accuracy 8 / 9 met price target	9%upside $45	Buy Reinstated	11 Sept 2024
Truist Securities David Macdonald 92% 1-year accuracy 35 / 38 met price target	7%upside $44	Buy Maintained	15 Aug 2024
Stephens & Co. Scott Fidel 87% 1-year accuracy 27 / 31 met price target	3%downside $40	Overweight Maintained	13 Aug 2024
Citigroup Jason Cassorla 89% 1-year accuracy 8 / 9 met price target	0%downside $41	Buy Maintained	13 Aug 2024
Oppenheimer Michael Wiederhorn 76% 1-year accuracy 26 / 34 met price target	3%downside $40	Outperform Maintained	13 Aug 2024

See Analyst Rankings

Financial journalist opinion

Based on 10 articles about PACS published over the past 30 days

Zacks Investment Research

LTH or PACS: Which Is the Better Value Stock Right Now?

Investors interested in Medical Services stocks are likely familiar with Life Time Group Holdings, Inc. (LTH) and PACS Group, Inc. (PACS). But which of these two stocks offers value investors a better bang for their buck right now?

LTH or PACS: Which Is the Better Value Stock Right Now?

PACS Group Extends Footprint, Services to Pacific Northwest and Other States

FARMINGTON, Utah--(BUSINESS WIRE)--PACS Group, Inc. (NYSE: PACS) (“PACS”) has finalized its acquisition of operations of 53 skilled nursing, assisted and independent living facilities from Prestige Care (Prestige), bringing its proven model to new geographical areas. The facilities span eight western states with 21 facilities in Oregon, 19 in Washington, six in Idaho, three in Nevada and one facility each in Alaska, Arizona, California and Montana. Collectively, the facilities comprise 2,511 sk.

PACS Group Extends Footprint, Services to Pacific Northwest and Other States

FDA Grants 510(k) Clearance to Sonic Incytes' Velacur® Determined Fat Fraction (VDFF), a breakthrough for patients with MASLD and MASH

VANCOUVER, British Columbia--(BUSINESS WIRE)--Sonic Incytes Medical Corp, a leader in point-of-care ultrasound, proudly announces that the U.S. Food and Drug Administration (FDA) has granted 510(k) clearance for its Velacur® Determined Fat Fraction (VDFF). This innovative measurement tool is integrated into the Velacur® device software, combining quantitative measures of ultrasound attenuation and backscatter. With a strong correlation coefficient of 0.85, VDFF estimates MRI proton density fat.

FDA Grants 510(k) Clearance to Sonic Incytes' Velacur® Determined Fat Fraction (VDFF), a breakthrough for patients with MASLD and MASH

Mesa Public Schools Prioritizes Holistic Teacher, Staff and Leadership Well-being with Grokker

SAN JOSE, Calif.--(BUSINESS WIRE)--In an initiative to increase the holistic well-being — and retention — of Mesa's more than 9,000 educators, administrators and staff, Mesa Public Schools has entered a contract with corporate well-being company Grokker. Grokker's AI-guided platform provides wrap-around programming to address not only stress, burnout, anxiety and other common mental health challenges but also nutrition, sleep, fitness and financial well-being — everything that teachers, staff a.

Mesa Public Schools Prioritizes Holistic Teacher, Staff and Leadership Well-being with Grokker

Melio Collaborates With Amazon Business to Improve Payments for Small Businesses

NEW YORK--(BUSINESS WIRE)--Melio, a leading B2B payments platform for small businesses, today announced an integration with the Amazon Business Reconciliation API to synchronize Amazon Business invoices in a single payment processing system, helping to save business owners valuable time. New York-based Melio is a payments platform reinventing how businesses pay each other to optimize cash flow and minimize admin work. Melio offers businesses more payment choices so that they have the flexibilit.

Melio Collaborates With Amazon Business to Improve Payments for Small Businesses

Arsenal and NTT DATA Announce Multi-Year Digital Transformation Partnership to Deliver More Personalised and Seamless Experiences for Supporters Worldwide

LONDON--(BUSINESS WIRE)--NTT DATA, a global digital business and IT services leader, has today announced a multi-year partnership with Arsenal to become the club's Official Digital Transformation Partner. As a leading transformation partner for some of the biggest sports clubs and sporting events globally, NTT DATA will bring new technologies to improve the Arsenal supporter experience. The two organisations will work together over the coming years to strengthen the club's connection with suppo.

Arsenal and NTT DATA Announce Multi-Year Digital Transformation Partnership to Deliver More Personalised and Seamless Experiences for Supporters Worldwide

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

FARMINGTON, Utah--(BUSINESS WIRE)--PACS Group, Inc. (NYSE: PACS) (“PACS” or the “Company”) today announced the closing of its upsized underwritten public offering of 19,034,482 shares of its common stock, which includes (i) 2,777,778 shares of its common stock sold by the Company and (ii) 16,256,704 shares of common stock sold by certain selling stockholders, which includes the exercise in full by the underwriters of their 30-day option to purchase an additional 2,482,758 shares of common stock.

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

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

FARMINGTON, Utah--(BUSINESS WIRE)--PACS Group, Inc. (NYSE: PACS) (“PACS” or the “Company”) today announced the pricing of its upsized underwritten public offering of 16,551,724 shares of its common stock, which includes 2,777,778 shares of common stock sold by the Company and 13,773,946 shares of common stock sold by certain selling stockholders, at a public offering price of $36.25 per share, for total gross proceeds of approximately $101 million to the Company and approximately $499 million t.

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

PACS Group, Inc. Announces Proposed Offering of Its Common Stock

FARMINGTON, Utah--(BUSINESS WIRE)--PACS Group, Inc. (NYSE: PACS) (“PACS” or the “Company”) today announced the commencement of an underwritten public offering of 13,888,890 shares of its common stock, including 2,777,778 shares of common stock sold by the Company and 11,111,112 shares of common stock sold by certain selling stockholders. The selling stockholders also expect to grant the underwriters a 30-day option to purchase up to an additional 2,083,332 of shares of common stock. PACS will n.

PACS Group, Inc. Announces Proposed Offering of Its Common Stock

PACS Group: Under The Radar Healthcare Stock To Buy On Corrections

PACS Group is a hidden gem stock with strong growth potential in the skilled nursing and assisted living facility industry. The company has shown aggressive growth through acquisitions, and as SNF facilities mature, growth is likely to remain healthy. Despite limited analyst coverage, PACS stock has shown an uptrend and is expected to outperform index and healthcare sector returns in the next three to five years.

PACS Group: Under The Radar Healthcare Stock To Buy On Corrections

See News Rankings