Pacira BioSciences (PCRX) Stock Forecast, Price & News

9 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Pacira BioSciences in the last twelve months. There are currently 1 hold rating and 8 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" PCRX shares.
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9 brokerages have issued 12 month target prices for Pacira BioSciences' shares. Their PCRX share price forecasts range from $50.00 to $80.00. On average, they predict the company's stock price to reach $58.00 in the next year. This suggests a possible upside of 86.9% from the stock's current price.
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Pacira BioSciences' stock was trading at $38.61 at the beginning of 2023. Since then, PCRX stock has decreased by 19.6% and is now trading at $31.04.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, November 2nd 2023.
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Pacira BioSciences, Inc. (NASDAQ:PCRX) announced its quarterly earnings data on Wednesday, August, 2nd. The company reported $0.61 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.59 by $0.02. The business earned $169.47 million during the quarter, compared to analyst estimates of $175.64 million. Pacira BioSciences had a positive trailing twelve-month return on equity of 11.56% and a negative net margin of 0.68%.

ETFs with the largest weight of Pacira BioSciences (NASDAQ:PCRX) stock in their portfolio include Invesco Pharmaceuticals ETF (PJP), SPDR S&P Pharmaceuticals ETF (XPH), Invesco S&P SmallCap Health Care ETF (PSCH) and Direxion Daily Pharmaceutical & Medical Bull 3X Shares (PILL).iShares U.S. Pharmaceuticals ETF (IHE).

54 employees have rated Pacira BioSciences Chief Executive Officer Dave Stack on Glassdoor.com. Dave Stack has an approval rating of 45% among the company's employees. This puts Dave Stack in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Pacira BioSciences investors own include Gilead Sciences (GILD), NVIDIA (NVDA), Micron Technology (MU), ACADIA Pharmaceuticals (ACAD), Skyworks Solutions (SWKS), AbbVie (ABBV), Pfizer (PFE), QUALCOMM (QCOM), Exelixis (EXEL) and Tesla (TSLA).

Pacira BioSciences trades on the NASDAQ under the ticker symbol "PCRX."

Pacira BioSciences' stock is owned by many different retail and institutional investors. Top institutional investors include Frontier Capital Management Co. LLC (3.63%), Baillie Gifford & Co. (3.61%), Renaissance Technologies LLC (3.39%), Stephens Investment Management Group LLC (2.88%), Clearbridge Investments LLC (2.49%) and Dimensional Fund Advisors LP (2.42%). Insiders that own company stock include Andreas Wicki, Anthony Molloy, Charles A Reinhart III, Charles Anthony Laranjeira, Daryl Gaugler, David M Stack, David M Stack, Donald C Manning, Gary W Pace, John P Phd Longenecker, Jonathan Slonin, Kristen Marie Williams, Laura Brege, Lauren Bullaro Riker, Mark A Kronenfeld, Mark Froimson, Max Reinhardt, Paul J Hastings and Roy Winston.
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Shares of PCRX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of PCRX stock can currently be purchased for approximately $31.04.

Pacira BioSciences (NASDAQ:PCRX) has a market capitalization of $1.44 billion and generates $666.82 million in revenue each year. The company earns $15.91 million in net income (profit) each year or ($0.16) on an earnings per share basis.

The company employs 715 workers across the globe.

Pacira BioSciences' mailing address is 5 SYLVAN WAY SUITE 300, PARSIPPANY NJ, 07054. The official website for the company is www.pacira.com. The company can be reached via phone at (813) 553-6680, via email at susan.mesco@pacira.com, or via fax at 302-655-5049.