PACS Group (NYSE:PACS) Shares Gap Down – Here’s What Happened

PACS Group, Inc. (NYSE:PACS)’s stock price gapped down before the market opened on Friday . The stock had previously closed at $41.67, but opened at $38.40. PACS Group shares last traded at $36.6640, with a volume of 1,247,982 shares traded.

Key PACS Group News

Here are the key news stories impacting PACS Group this week:

• Positive Sentiment: Analyst upgrade and higher price target: RBC raised its price target to $52 and kept an “outperform” rating, implying sizable upside vs. the current price — a catalyst that can support buying interest. Benzinga
• Positive Sentiment: Management outlined an 8% revenue growth target for 2026 and said integration activity is driving a record year — suggests revenue runway and margin improvement from recent acquisitions. PACS Group outlines 8% revenue growth target for 2026
• Positive Sentiment: Operational quality signals: company highlights zero-deficiency surveys, high occupancy and 73% of facilities with top-tier star ratings — supports sustained revenue and reimbursement stability. Skilled Nursing News
• Positive Sentiment: FY2026 revenue guidance was updated above consensus ($5.7–$5.8B vs. ~$5.6B consensus), which is constructive if sustained. (Company press release & slide deck provided.) Press Release / Slide Deck
• Neutral Sentiment: Company released full fiscal year and Q4 2025 results and hosted the earnings call; slides and transcript are available for detailed line-item review. Yahoo Finance Earnings Call Transcript
• Negative Sentiment: Mixed-to-weaker quarter headlines pressured the stock: some outlets reported EPS below expectations (Zacks noted $0.43 vs. $0.48 est.), and others highlighted revenue slightly under consensus — these reports triggered the technical break below the 50-day moving average and heavier selling. Investors.com Zacks
• Negative Sentiment: Technical and flow risk: share price decline through the 50-day MA and volume roughly triple average increase near-term downside risk as traders react to perceived earnings weakness. Investors.com technical note

Analysts Set New Price Targets

Several brokerages recently issued reports on PACS. JPMorgan Chase & Co. initiated coverage on PACS Group in a report on Wednesday, December 17th. They set an “overweight” rating and a $44.00 price objective for the company. Royal Bank Of Canada raised their price target on PACS Group from $47.00 to $52.00 and gave the company an “outperform” rating in a research report on Friday. Weiss Ratings reiterated a “hold (c-)” rating on shares of PACS Group in a research report on Monday, December 22nd. UBS Group reissued a “buy” rating and issued a $42.00 price objective (down from $50.00) on shares of PACS Group in a research note on Thursday, December 18th. Finally, Truist Financial set a $40.00 target price on shares of PACS Group in a research report on Friday, December 12th. Three investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat, PACS Group has a consensus rating of “Moderate Buy” and a consensus target price of $44.50.

PACS Group Price Performance

The company’s 50 day simple moving average is $38.16 and its 200 day simple moving average is $24.35. The company has a current ratio of 0.94, a quick ratio of 0.94 and a debt-to-equity ratio of 0.28. The stock has a market capitalization of $5.74 billion, a PE ratio of 29.78, a PEG ratio of 1.22 and a beta of -0.65.

Hedge Funds Weigh In On PACS Group

Several large investors have recently added to or reduced their stakes in PACS. Hollencrest Capital Management purchased a new stake in PACS Group in the 4th quarter valued at about $27,000. Quarry LP boosted its position in shares of PACS Group by 79.5% in the third quarter. Quarry LP now owns 2,388 shares of the company’s stock worth $33,000 after acquiring an additional 1,058 shares during the last quarter. Larson Financial Group LLC grew its holdings in PACS Group by 127.0% in the fourth quarter. Larson Financial Group LLC now owns 1,094 shares of the company’s stock valued at $42,000 after purchasing an additional 612 shares during the period. Strategic Advocates LLC purchased a new stake in PACS Group in the third quarter valued at approximately $60,000. Finally, Jones Financial Companies Lllp acquired a new position in PACS Group during the first quarter worth approximately $64,000.

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.