PACS Group (NYSE:PACS - Get Free Report) is set to issue its quarterly earnings data after the market closes on Monday, May 13th.
PACS Group Trading Up 0.2 %
Shares of NYSE PACS traded up $0.06 during midday trading on Tuesday, reaching $24.99. 273,296 shares of the stock traded hands, compared to its average volume of 654,883. PACS Group has a one year low of $22.61 and a one year high of $25.72.
Analyst Upgrades and Downgrades
Several analysts recently weighed in on PACS shares. Stephens started coverage on PACS Group in a report on Monday. They set an "overweight" rating and a $31.00 price target on the stock. Citigroup started coverage on PACS Group in a report on Monday. They set a "buy" rating and a $32.00 price target on the stock. JPMorgan Chase & Co. started coverage on PACS Group in a report on Monday. They set an "overweight" rating and a $27.00 price target on the stock. Truist Financial started coverage on PACS Group in a report on Monday. They set a "buy" rating and a $32.00 price target on the stock. Finally, Royal Bank of Canada started coverage on PACS Group in a report on Monday. They set an "outperform" rating and a $30.00 price target on the stock. Six research analysts have rated the stock with a buy rating, According to MarketBeat.com, the company has a consensus rating of "Buy" and an average price target of $30.50.
Read Our Latest Research Report on PACS Group
Insiders Place Their Bets
In other PACS Group news, CEO Jason Hulse Murray sold 1,607,142 shares of the stock in a transaction on Monday, April 15th. The stock was sold at an average price of $21.00, for a total value of $33,749,982.00. Following the sale, the chief executive officer now owns 62,754,551 shares in the company, valued at $1,317,845,571. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.
About PACS Group
(
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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