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PACS Group Inc ( (PACS) ) has provided an update.
On August 13, 2025, PACS Group, Inc. entered into a Forbearance Agreement and Fifth Amendment to Credit Agreement with Truist Bank and other lenders, addressing events of default related to compliance certificates for fiscal quarters from March 2024 to March 2025. The agreement provides temporary relief by forbearing from exercising rights under the Credit Agreement and Omega Master Lease until October 31, 2025, with potential extensions. During this period, the borrower must maintain specific financial conditions, including a minimum liquidity of $100 million. Additionally, on August 15, 2025, Peter (P.J.) Sanford resigned as President of Providence Administrative Consulting Services, Inc., negotiating a separation and consulting agreement with the company, which includes subsidized COBRA premiums and continued vesting of equity awards.
The most recent analyst rating on (PACS) stock is a Buy with a $31.00 price target. To see the full list of analyst forecasts on PACS Group Inc stock, see the PACS Stock Forecast page.
Spark’s Take on PACS Stock
According to Spark, TipRanks’ AI Analyst, PACS is a Neutral.
The overall score for PACS Group Inc is moderate due to strong revenue growth counterbalanced by high financial leverage and negative technical indicators. Regulatory risks from noncompliance with NYSE requirements further impact the score. Limited valuation data and lack of earnings call insights add to the uncertainty surrounding the stock.
To see Spark’s full report on PACS stock, click here.
More about PACS Group Inc
Average Trading Volume: 555,107
Technical Sentiment Signal: Sell
Current Market Cap: $1.79B
Learn more about PACS stock on TipRanks’ Stock Analysis page.