NYSE - Nasdaq Real Time Price • USD PACS Group, Inc. (PACS) Follow Compare 13.82 -0.01 (-0.07%) At close: January 17 at 4:00:02 PM EST 13.82 +0.01 +(0.07%) After hours: January 17 at 4:02:35 PM EST All News Press Releases SEC Filings All SEC Filings Corporate Changes & Voting Matters Periodic Financial Reports Proxy Statements Tender Offer/Acquisition Reports Offering Registrations Pacs Group price target lowered to $32 from $46 at Truist Truist analyst David MacDonald lowered the firm’s price target on Pacs Group (PACS) to $32 from $46 and keeps a Buy rating on the shares as part of a broader research note previewing 2025 for Healthcare Services. The firm sees the outlook for the group as “mixed”, with bullish stance on the underlying demand drivers and overarching sector tailwinds that include demographics, value-based care, and core demand being offset by heightened concern around a likely more cost focused government backdrop PACS Group Completes Acquisition of Skilled Nursing Facilities in Tennessee FARMINGTON, Utah, December 05, 2024--PACS Group, Inc. (NYSE: PACS) ("PACS" or the "Company") announced today that independent operating subsidiaries of the Company closed on the operations of 11 skilled nursing facilities in Tennessee on December 1, 2024, which collectively comprise 1,310 skilled nursing beds; a 12th facility in Tennessee is expected to close in the first quarter of 2025, subject to the satisfaction of applicable closing conditions. With the expansion into Tennessee, PACS has no PACS Group Announces Receipt of Notice of Late Filing from NYSE FARMINGTON, Utah, November 26, 2024--PACS Group, Inc. (NYSE: PACS) ("PACS" or the "Company"), today announced that on November 20, 2024 it received a written Filing Delinquency Notification (the "Notification") from the New York Stock Exchange ("NYSE") stating that the Company is not in compliance with Section 802.01E of the NYSE Listed Company Manual, Annual and Quarterly Report Timely Filing Criteria (the "Timely Filing Criteria"), due to the delayed filing of its Quarterly Report on Form 10-Q U.S. News & World Report Honors 36 PACS Communities FARMINGTON, Utah, November 19, 2024--PACS Group, Inc. (NYSE: PACS) ("PACS") is proud to announce that 36 of its affiliated post-acute communities have been named by U.S. News & World Report to their list of Best Nursing Homes for 2025. Those communities are as follows: Pacs Group price target lowered to $31 from $48 at Stephens Stephens lowered the firm’s price target on Pacs Group (PACS) to $31 from $48 and keeps an Overweight rating on the shares after the company provided notification of late filing with the SEC for its most recent 10-Q and amended its existing credit agreement, providing an extension to the covenant pertaining to delivery of unaudited financial statements. The firm maintains its 2024-2026 adjusted EBITDA estimates, but cites reduced visibility due to the internal audit committee investigation curre Seventeen PACS Post Acute Locations Honored by Newsweek Magazine FARMINGTON, Utah, November 18, 2024--PACS Group, Inc. (NYSE: PACS) ("PACS") is proud to announce that 17 of its post acute communities have been named by Newsweek Magazine to their Best Nursing Homes for 2025. Pacs Group resumed with an Overweight at JPMorgan JPMorgan analyst Lisa Gill resumed coverage of Pacs Group (PACS) with an Overweight rating and $40 price target following a period of restriction. The firm believes Pacs has an attractive business model focused on acquiring underperforming skilled nursing facilities and driving improvement in clinical, operational, and financial performance. Acquisitions position the company to execute against “lofty growth expectations, with potential for upside,” the analyst tells investors in a research note. PACS Group Provides Preliminary Third Quarter Operational Metrics FARMINGTON, Utah, November 06, 2024--PACS Group, Inc. (NYSE: PACS) ("PACS" or the "Company"), today provided select preliminary key operating metrics for the third quarter and announced the postponement of the release of its third quarter 2024 financial results. PACS expects to release its third quarter 2024 financial results as soon as practicable. PACS Group Crashes after Hindenburg Report Skilled nursing provider PACS is under pressure after Hindenburg Research's scathing piece. PACS Group Closes Acquisition of Operations at 8 Facilities in Pennsylvania, Including Real Estate on 4 FARMINGTON, Utah, November 01, 2024--PACS Group, Inc. (NYSE: PACS) ("PACS" or the "Company") announced today that independently operated subsidiaries of the Company have acquired the operations of 8 skilled nursing facilities in Pennsylvania. The facilities are located in the western Pennsylvania cities of Pittsburgh, Bedford, Bethel Park, Monroeville, and McMurray, and collectively comprise 1,199 skilled nursing beds. Four of the facilities are being leased from an affiliate of CareTrust REIT ( PACS Group to Announce Third Quarter 2024 Financial Results FARMINGTON, Utah, October 31, 2024--PACS Group, Inc. (NYSE: PACS) ("PACS Group" or the "Company"), today announced that it will release its third quarter 2024 financial results after market close on Thursday, November 7, 2024. Management will host a call on Thursday, November 7, 2024, at 5:00 p.m. Eastern Time to discuss the financial results and related information. This IPO Stock Does Even Better Than Nvidia In Six Months Flat IPO stock PACS is near a buy point after doubling in price in six months flat. The post-acute health care provider has outperformed Nvidia during that time. 3 Stocks That May Be Undervalued By As Much As 39.9% As global markets navigate a complex landscape of interest rate adjustments and sector-specific movements, investors are keenly observing the performance of various indices. With the S&P 500 advancing and small-cap stocks showing resilience, there is growing interest in identifying undervalued opportunities that might offer potential value. In this environment, a good stock is often characterized by strong fundamentals and growth potential that may not yet be fully recognized by the market. Pacs Group price target raised to $46 from $44 at Truist Truist raised the firm’s price target on Pacs Group to $46 from $44 and keeps a Buy rating on the shares as part of a broader research note previewing Q3 results for Healthcare Services. The firm remains bullish on the sector’s fundamental drivers, including attractive core demand trends and relative positioning, the analyst tells investors in a research note. Investors are likely to largely look through the transient impact from adverse weather conditions and supply chain disruptions, focusing Should You Be Excited About PACS Group, Inc.'s (NYSE:PACS) 16% Return On Equity? While some investors are already well versed in financial metrics (hat tip), this article is for those who would like... PACS Group Extends Footprint, Services to Pacific Northwest and Other States FARMINGTON, Utah, September 11, 2024--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. 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, September 09, 2024--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 sto PACS Group, Inc. Announces Pricing of Its Upsized Public Offering FARMINGTON, Utah, September 06, 2024--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 PACS Group, Inc. Announces Proposed Offering of Its Common Stock FARMINGTON, Utah, September 03, 2024--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 PACS Group, Inc. Reports Second Quarter 2024 Results FARMINGTON, Utah, August 12, 2024--PACS Group, Inc. Reports Second Quarter 2024 Results. Performance Overview Trailing total returns as of 1/17/2025, which may include dividends or other distributions. Benchmark is S&P 500 Return PACS S&P 500 YTD +7.88% +1.52% 1-Year -39.91% +25.82% 3-Year -39.91% +28.61%