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NASDAQ:PACBPacific Biosciences of California Stock Price, Forecast & News

$3.93
+0.19 (+5.08 %)
(As of 07/6/2020 04:00 PM ET)
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Today's Range
$3.78
Now: $3.93
$3.95
50-Day Range
$3.34
MA: $3.63
$4.03
52-Week Range
$2.20
Now: $3.93
$6.13
Volume886,000 shs
Average Volume1.34 million shs
Market Capitalization$606.44 million
P/E RatioN/A
Dividend YieldN/A
Beta1.69
Pacific Biosciences of California, Inc. designs, develops, and manufactures sequencing systems to resolve genetically complex problems. The company's single molecule real-time (SMRT) sequencing technology enables single molecule real-time detection of biological processes. It offers PacBio RS II and Sequel Systems that conducts, monitors, and analyzes single molecule biochemical reactions in real time. The company also provides consumable products, including SMRT cells, as well as various reagent kits, such as template preparation, binding, and sequencing kits. Its customers include research institutions; commercial laboratories; genome centers; clinical, government, and academic institutions; genomics service providers; pharmaceutical companies; and agricultural companies. The company markets its products through a direct sales force in North America and Europe, as well as primarily through distribution partners in Asia, the Middle East, Africa, and Latin America. The company was formerly known as Nanofluidics, Inc. Pacific Biosciences of California, Inc. was founded in 2000 and is headquartered in Menlo Park, California.
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Beat the Market (BTM) Rank

Analyst Opinion: 3.5Community Rank: 2.8Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.59 out of 5 stars


Industry, Sector and Symbol

Industry Analytical instruments
Sub-IndustryLife Sciences Tools & Services
SectorMedical
Current SymbolNASDAQ:PACB
CUSIP69404D10
Phone650-521-8000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$90.89 million
Book Value$0.36 per share

Profitability

Net Income$-84,130,000.00

Miscellaneous

Employees401
Market Cap$606.44 million
Next Earnings Date8/4/2020 (Estimated)
OptionableOptionable

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Pacific Biosciences of California (NASDAQ:PACB) Frequently Asked Questions

How has Pacific Biosciences of California's stock been impacted by COVID-19 (Coronavirus)?

Pacific Biosciences of California's stock was trading at $3.44 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, PACB stock has increased by 14.2% and is now trading at $3.93. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Pacific Biosciences of California?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Pacific Biosciences of California in the last year. There are currently 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Pacific Biosciences of California.

When is Pacific Biosciences of California's next earnings date?

Pacific Biosciences of California is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020. View our earnings forecast for Pacific Biosciences of California.

How were Pacific Biosciences of California's earnings last quarter?

Pacific Biosciences of California (NASDAQ:PACB) released its quarterly earnings data on Wednesday, May, 6th. The biotechnology company reported ($0.21) EPS for the quarter, missing the consensus estimate of ($0.16) by $0.05. The biotechnology company earned $15.60 million during the quarter, compared to analyst estimates of $20.10 million. Pacific Biosciences of California had a negative return on equity of 131.21% and a negative net margin of 58.35%. View Pacific Biosciences of California's earnings history.

What price target have analysts set for PACB?

3 brokerages have issued 12 month price objectives for Pacific Biosciences of California's stock. Their forecasts range from $5.00 to $7.00. On average, they anticipate Pacific Biosciences of California's share price to reach $6.00 in the next twelve months. This suggests a possible upside of 52.7% from the stock's current price. View analysts' price targets for Pacific Biosciences of California.

Has Pacific Biosciences of California been receiving favorable news coverage?

Press coverage about PACB stock has trended negative on Tuesday, according to InfoTrie. The research firm ranks the sentiment of news coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Pacific Biosciences of California earned a media sentiment score of -2.1 on InfoTrie's scale. They also assigned news articles about the biotechnology company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View the latest news about Pacific Biosciences of California.

Who are some of Pacific Biosciences of California's key competitors?

What other stocks do shareholders of Pacific Biosciences of California own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Pacific Biosciences of California investors own include Illumina (ILMN), Novavax (NVAX), Crispr Therapeutics (CRSP), Gilead Sciences (GILD), Advanced Micro Devices (AMD), ImmunoGen (IMGN), Alibaba Group (BABA), BioCryst Pharmaceuticals (BCRX), FireEye (FEYE) and Micron Technology (MU).

Who are Pacific Biosciences of California's key executives?

Pacific Biosciences of California's management team includes the following people:
  • Dr. Michael W. Hunkapiller, Exec. Chairman, CEO & Pres (Age 70)
  • Ms. Susan K. Barnes, Exec. VP & CFO (Age 65)
  • Mr. James Michael Phillips, Sr. VP of R&D (Age 68)
  • Dr. Stephen Turner, Co-Founder & CTO (Age 51)
  • Dr. Jonas Korlach Ph.D., Chief Scientific Officer

What is Pacific Biosciences of California's stock symbol?

Pacific Biosciences of California trades on the NASDAQ under the ticker symbol "PACB."

How do I buy shares of Pacific Biosciences of California?

Shares of PACB can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Pacific Biosciences of California's stock price today?

One share of PACB stock can currently be purchased for approximately $3.93.

How big of a company is Pacific Biosciences of California?

Pacific Biosciences of California has a market capitalization of $606.44 million and generates $90.89 million in revenue each year. The biotechnology company earns $-84,130,000.00 in net income (profit) each year or ($0.55) on an earnings per share basis. Pacific Biosciences of California employs 401 workers across the globe.

What is Pacific Biosciences of California's official website?

The official website for Pacific Biosciences of California is www.pacb.com.

How can I contact Pacific Biosciences of California?

Pacific Biosciences of California's mailing address is 1305 O`BRIEN DRIVE, MENLO PARK CA, 94025. The biotechnology company can be reached via phone at 650-521-8000 or via email at [email protected]

This page was last updated on 7/7/2020 by MarketBeat.com Staff

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