PACS Group, Inc. (PACS) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
PACS plans to acquire operations of 32 Florida skilled nursing facilities, adding 4,049 licensed beds and establishing a statewide network.
I rate PACS a Buy and value the shares at $49.58, about 17% above the August 31 closing price. Q2 revenue rose 9.1%, operating income grew 35.8%, and same-store occupancy reached 90.6%. Eduro adds 3,633 beds. My 2027 model includes $260 million of incremental revenue after a 27% haircut.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
Curtis Ellergodt Rothschild Investment LLC | 134 | $2,334.49 | $6,027.32 | $3,692.83 | 158.19% |
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 8 | $256.96 | $359.84 | $102.88 | 40.04% |
| NA Nizar Araji National Bank Of Canada /FI/ | 220 | $3,020.6 | $10,505 | $7,484.4 | 247.78% |
| SN Stephanie Nee HARBOR CAPITAL ADVISORS Inc. | 324 | $4,448.52 | $15,346.26 | $10,897.74 | 244.97% |
| BG Bart Gancher Intech Investment Management LLC | 11,433 | $228,482.21 | $545,925.75 | $317,443.54 | 138.94% |
| Industrial Conglomerates Industry | Industrials Sector | Jason Murray CEO | NYSE Exchange | 69380Q107 CUSIP |
| US Country | 47,455 Employees | - Last Dividend | - Last Split | - IPO Date |
PACS Group, Inc. is a versatile holding company focused on the healthcare sector, providing comprehensive post-acute care services. Established in 2013 by founders Jason Murray and Mark Hancock, it has carved a niche in offering healthcare solutions tailored for senior citizens. Headquartered in Farmington, Utah, the company’s mission is to enhance the quality of life for the elderly through a range of living facilities and healthcare services that cater to their diverse needs. By integrating professional healthcare services with suitable living conditions, PACS Group, Inc. aims to deliver holistic care that promotes both physical and mental well-being.