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PACS Group (PACS Group) Shares Outstanding (EOP) : 147.8 Mil (As of Mar. 2024)


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What is PACS Group Shares Outstanding (EOP)?

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. PACS Group's shares outstanding for the quarter that ended in Mar. 2024 was 147.8 Mil.

PACS Group's quarterly shares outstanding stayed the same from Dec. 2023 (147.8 Mil) to Mar. 2024 (147.8 Mil).

PACS Group's annual shares outstanding declined from Dec. 2022 (150.2 Mil) to Dec. 2023 (147.8 Mil). It means PACS Group bought back shares from Dec. 2022 to Dec. 2023 .


PACS Group Shares Outstanding (EOP) Historical Data

The historical data trend for PACS Group's Shares Outstanding (EOP) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

PACS Group Shares Outstanding (EOP) Chart

PACS Group Annual Data
Trend Dec21 Dec22 Dec23
Shares Outstanding (EOP)
150.15 150.15 147.77

PACS Group Quarterly Data
Dec21 Dec22 Mar23 Dec23 Mar24
Shares Outstanding (EOP) 150.15 150.15 150.15 147.77 147.77

Competitive Comparison of PACS Group's Shares Outstanding (EOP)

For the Medical Care Facilities subindustry, PACS Group's Shares Outstanding (EOP), along with its competitors' market caps and Shares Outstanding (EOP) data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


PACS Group's Shares Outstanding (EOP) Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, PACS Group's Shares Outstanding (EOP) distribution charts can be found below:

* The bar in red indicates where PACS Group's Shares Outstanding (EOP) falls into.



PACS Group Shares Outstanding (EOP) Calculation

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. They have voting rights and represent ownership in the corporation by the person that holds the shares. They should be distinguished from treasury shares, which are shares held by the corporation itself, having no exercisable rights.

Shares outstanding can be calculated as either basic or fully diluted. The fully diluted shares outstanding count includes diluting securities, such as options, warrants or convertibles.

Please note: GuruFocus named Shares Outstanding (EOP) is the shares for that end of period. It is usually used to calculate balance sheet related items, such as Book Value per Share, etc. While Shares Outstanding (Diluted Average) and Shares Outstanding (Basic Average) are the weighted average shares over a period of time (a year, a quarter, or so). They are usually used to calculate income statement or cashflow statement related items, such as Earnings per Share (Diluted), etc.


PACS Group  (NYSE:PACS) Shares Outstanding (EOP) Explanation

A company may buy back shares or issue shares in any fiscal period. If a company buys back shares, we should observe that the total number of shares decline. If the company issues new shares, the number of shares outstanding increases.

Usually the presence of treasury shares and a history of buyback are good indicators that company has competitive advantage. But studies have shown that companies usually buy back at wrong time. Buying back shares below its intrinsic value increases value for remaining shareholders. Buying back overvalued shares destroys value for existing shareholders.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred net income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


PACS Group Shares Outstanding (EOP) Related Terms

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PACS Group (PACS Group) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
262 N. University Avenue, Farmington, UT, USA, 84025
PACS Group Inc is a post-acute healthcare company primarily focused on delivering high-quality skilled nursing care through a portfolio of independently operated facilities Its is a nursing providers in the United States based on number of facilities, with over 200 post-acute care facilities across nine states serving over 20,000 patients daily. It also provide senior care, assisted living, and independent living options in some of communities.

PACS Group (PACS Group) Headlines

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