PACS Group (PACS) Projected to Post Quarterly Earnings on Wednesday

PACS Group (NYSE:PACS) is projected to post its Q3 2024 results after the market closes on Wednesday, November 19th. Analysts expect the company to announce earnings of $0.46 per share for the quarter. Interested persons can find conference call details on the company’s upcoming Q3 2024 earningreport page for the latest details on the call scheduled for Friday, November 28, 2025 at 3:00 PM ET.

PACS Group Stock Up 49.0%

PACS opened at $15.77 on Tuesday. PACS Group has a twelve month low of $7.50 and a twelve month high of $17.70. The company has a fifty day moving average of $12.31 and a 200-day moving average of $11.73. The stock has a market cap of $2.40 billion, a PE ratio of 50.85 and a beta of 1.06.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of PACS Group in a report on Saturday, September 27th. Two research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $24.67.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the stock. Quarry LP increased its stake in PACS Group by 79.5% in the third quarter. Quarry LP now owns 2,388 shares of the company’s stock valued at $33,000 after purchasing an additional 1,058 shares in the last quarter. Jones Financial Companies Lllp acquired a new stake in shares of PACS Group in the 1st quarter valued at about $64,000. Tower Research Capital LLC TRC increased its position in PACS Group by 289.0% in the 2nd quarter. Tower Research Capital LLC TRC now owns 6,166 shares of the company’s stock valued at $80,000 after buying an additional 4,581 shares in the last quarter. Caxton Associates LLP bought a new stake in PACS Group in the 1st quarter valued at about $163,000. Finally, Brevan Howard Capital Management LP acquired a new position in PACS Group during the 2nd quarter worth approximately $177,000.

About PACS Group

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.