PACS Group, Inc.

Earnings data Q1 2024

Earnings data Q3 2024

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

PACS Group, Inc. is a holding company, which engages in the provision of post-acute healthcare facilities, professionals, and ancillary services. It provides senior care, assisted living, and independent living options in some of the communities. The company was founded by Jason Murray and Mark Hancock in 2013 and is headquartered in Farmington, UT.

COMPASS Pathways

Sight Sciences

The most oversold stocks in the health care sector presents an opportunity to buy into undervalued companies.

Top 3 Health Care Stocks You'll Regret Missing In November

SAN DIEGO, Nov. 04, 2024 (GLOBE NEWSWIRE) -- Robbins Geller Rudman & Dowd LLP is investigating potential violations of U.S. federal securities laws involving PACS Group, Inc. (NYSE: PACS) focused on whether the company and certain of its top executives made false and/or misleading statements and/or failed to disclose material information to investors.

PACS INVESTIGATION ALERT: Robbins Geller Rudman & Dowd LLP Announces Investigation into PACS Group, Inc. and Encourages Investors with Substantial Losses or Witnesses with Relevant Information to Contact the Firm

SAN DIEGO, Nov. 04, 2024 (GLOBE NEWSWIRE) -- Dicello Levitt LLP announces that it has launched an investigation into whether PACS Group, Inc. (“PACS” or the “Company”) (NYSE: PACS) complied with federal securities laws. The Firm's investigation focuses on whether the Company violated the federal securities laws, issued false and/or misleading statements, and/or failed to disclose information required to be disclosed to investors.

INVESTIGATION ALERT (NYSE: PACS): DiCello Levitt LLP Is Investigating Investor Claims Against PACS Group, Inc. and Encourages PACS Investors with Losses to Contact the Firm

NEW YORK, Nov. 04, 2024 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into PACS Group, Inc. (NYSE: PACS) for potential violations of the federal securities laws. If you invested in PACS, you are encouraged to obtain additional information by visiting https://www.bfalaw.com/cases-investigations/pacs-group-inc.

PACS BREAKING NEWS: PACS Group, Inc. Stock Plummets Over 27%; Investors that Lost Money are Encouraged to Contact BFA Law (NYSE:PACS)

SAN DIEGO--(BUSINESS WIRE)--Shareholder rights law firm Johnson Fistel, LLP is investigating whether PACS Group, Inc. (NYSE: PACS) or any of its executive officers or others violated securities laws by misrepresenting or failing to timely disclose material, adverse information to investors. On November 4, 2024, Hindenburg Research issued a report questioning PACS claims to have discovered a winning ‘turnaround' formula for transforming poorly performing skilled nursing facilities into “cash spi.

PACS Group Is Now Under Investigation by Johnson Fistel on Behalf of Shareholders Who Incurred Losses on Their Investment

Block & Leviton is investigating PACS Group (NYSE: PACS) for potential securities law violations. Investors who lost money in PACS should contact the firm.

PACS Group ALERT: Securities Fraud Investigation by Block & Leviton Could Allow Investors to Recover Losses

FARMINGTON, Utah--(BUSINESS WIRE)--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 (N.

PACS Group Closes Acquisition of Operations at 8 Facilities in Pennsylvania, Including Real Estate on 4

FARMINGTON, Utah--(BUSINESS WIRE)--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. PACS Group invites current and prospective investors to listen to the call via webcast by going to the Investors section of the PA.

PACS Group to Announce Third Quarter 2024 Financial Results

CareTrust REIT

FARMINGTON, Utah--(BUSINESS WIRE)--PACS Group, Inc. (NYSE: PACS) (“PACS” or the “Company”) announced today that independent operating subsidiaries of the Company have agreed to acquire the operations of 12 skilled nursing facilities in Tennessee, and collectively comprise 1,310 skilled nursing beds. The facilities will be leased from an affiliate of CareTrust REIT (NYSE: CTRE), pursuant to the terms of a long-term, triple net lease. The lease includes options for us to purchase the real estate.

PACS Group Announces Pending Acquisition of Operations at 12 Skilled Nursing Facilities in Tennessee

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.

This IPO Stock Does Even Better Than Nvidia In Six Months Flat

Life Time Group Holdings

Investors with an interest in Medical Services stocks have likely encountered both Life Time Group Holdings, Inc. (LTH) and PACS Group, Inc. (PACS). But which of these two companies is the best option for those looking for undervalued stocks?

LTH vs. PACS: Which Stock Is the Better Value Option?

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 vs. PACS: Which Stock Should Value Investors Buy Now?

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

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

California Resources

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

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

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

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

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

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

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 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

Cronos Group

IAMGOLD

Li Auto Inc.

Marathon Digital Holdings

MINISO Group Holding

Tempus AI Inc

The S&P 500 index touched highs of 5,670 in July. Over the last one month, the index movement has been volatile with a downward bias.

7 Growth Stocks to Buy on Corrections for 3X Returns by 2026

FARMINGTON, Utah--(BUSINESS WIRE)--PACS Group, Inc. Reports Second Quarter 2024 Results.

PACS Group, Inc. Reports Second Quarter 2024 Results

FARMINGTON, Utah--(BUSINESS WIRE)--PACS Group, Inc. (NYSE: PACS) (“PACS Group” or the “Company”), today announced that it will release its second quarter 2024 financial results after market close on Monday, August 12, 2024. Management will host a call on Monday, August 12, 2024, at 5:00 p.m. Eastern Time to discuss the financial results and related information. PACS Group invites current and prospective investors to listen to the call via webcast by going to the Investors section of the PACS Gr.

News for PACS Group, Inc. Stock (PACS)