Pacira BioSciences, Inc. provides non-opioid pain management and regenerative health solutions for health care practitioners and their patients in the United States. The company develops products based on its proprietary DepoFoam product delivery technology that encapsulates drugs without altering their molecular structure. It offers EXPAREL, a non-opioid medication administered at the time of surgery to control pain while reducing opioid requirements; and iovera system, a handheld cryoanalgesia device used to deliver controlled doses of cold temperature only to targeted nerves. The company was formerly known as Pacira Pharmaceuticals, Inc. and changed its name to Pacira BioSciences, Inc. in April 2019. Pacira BioSciences, Inc. was founded in 2006 and is based in Parsippany, New Jersey.
Industry, Sector and Symbol
Industry Pharmaceutical preparations
Sub-IndustryPharmaceuticals
SectorMedical
Phone973-254-3560
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$337.28 million
Profitability
Miscellaneous
Employees518
Next Earnings Date8/1/2019 (Estimated)
OptionableOptionable
Pacira Biosciences (NASDAQ:PCRX) Frequently Asked Questions
What is Pacira Biosciences' stock symbol?
Pacira Biosciences trades on the NASDAQ under the ticker symbol "PCRX."
How were Pacira Biosciences' earnings last quarter?
Pacira Biosciences Inc (NASDAQ:PCRX) released its quarterly earnings data on Thursday, May, 2nd. The company reported $0.22 earnings per share for the quarter, beating the consensus estimate of $0.02 by $0.20. The firm earned $91.31 million during the quarter, compared to the consensus estimate of $92.13 million. Pacira Biosciences had a return on equity of 6.78% and a net margin of 2.10%. The firm's quarterly revenue was up 22.4% on a year-over-year basis. During the same period in the previous year, the company posted $0.02 earnings per share. View Pacira Biosciences' Earnings History.
When is Pacira Biosciences' next earnings date?
What guidance has Pacira Biosciences issued on next quarter's earnings?
Pacira Biosciences updated its FY 2019 earnings guidance on Thursday, May, 2nd. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $408-420 million, compared to the consensus revenue estimate of $404.05.
What price target have analysts set for PCRX?
16 equities research analysts have issued 1-year target prices for Pacira Biosciences' shares. Their forecasts range from $38.00 to $85.00. On average, they anticipate Pacira Biosciences' share price to reach $54.9286 in the next year. This suggests a possible upside of 26.8% from the stock's current price. View Analyst Price Targets for Pacira Biosciences.
What is the consensus analysts' recommendation for Pacira Biosciences?
16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Pacira Biosciences in the last year. There are currently 1 sell rating, 7 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Pacira Biosciences.
What are Wall Street analysts saying about Pacira Biosciences stock?
Here are some recent quotes from research analysts about Pacira Biosciences stock:
- 1. Stifel Nicolaus analysts commented, "We are upgrading shares of PCRX to Hold as we believe the near-term competitive threat from HRTX’s HTX-011 will be less of a factor over the next 12 months and the recent strength in the stock indicates to us that the stock is fairly valued at these levels. While PCRX’s Exparel revenues came in a little shy of 1Q19 consensus, we believe the recent price increase on Exparel, the lack of a competitive entry from HRTX and the favorable reimbursement scheme in the ASC setting should allow PCRX to achieve its 2019 Exparel guidance, in our view. Our revised 2019 Exparel estimates are now at the midpoint of management’s guidance of ~$400-$410 million (vs. consensus of ~$403 million). Additionally, we incorporate PCRX’s recent acquisition, Iovera, into our model and raise our target price to $45 a share." (5/2/2019)
- 2. According to Zacks Investment Research, "Pacira's top line mainly comprises contribution from its marketed product Exparel. The company’s efforts to expand Exparel's label are encouraging. In April 2018, the FDA approved Exparel's label expansion to include administration via nerve block for prolonged regional analgesia. This is a positive for the company as it will further boost sales of Exparel. Pacira remains optimistic about its partnership with J&J to market and promote the use of Exparel with respective sales and medical education teams. Pacira’s agreement with China-based Nuance for the development and commercialization of Exparel in China is also an upside. Shares of Pacira have outperformed the industry in 2018. However, the company remains heavily dependent on Exparel for growth, which is concerning." (1/3/2019)
- 3. Mizuho analysts commented, "We valued Pacira based on an equally weighted blend of discounted cash flow analysis and sum-of-the-parts valuation. This analysis generates our $43 price target, supporting our Neutral rating." (11/1/2018)
- 4. HC Wainwright analysts commented, "Valuation and risks. Our $48 12-month target is based on an average of our $55/share DCF (10% WACC discount rate; 1% terminal growth beyond 2024) and a $41/share P/E multiple derived valuation (30x fully-taxed 2020 EPS, or 1x PEG, discounted back)." (7/10/2018)
Has Pacira Biosciences been receiving favorable news coverage?
Headlines about PCRX stock have trended positive this week, InfoTrie reports. The research group identifies positive and negative media coverage by analyzing more than six thousand blog and news sources. 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. Pacira Biosciences earned a media sentiment score of 2.3 on InfoTrie's scale. They also assigned news coverage about the company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the company's share price in the near term.
Who are some of Pacira Biosciences' key competitors?
Some companies that are related to Pacira Biosciences include Marina Biotech (MRNA), Catalent (CTLT), Perrigo (PRGO), Dr.Reddy's Laboratories (RDY), GALAPAGOS NV/S (GLPG), Array Biopharma (ARRY), Nektar Therapeutics (NKTR), Amarin (AMRN), GW Pharmaceuticals PLC- (GWPH), Ascendis Pharma A/S (ASND), Horizon Therapeutics (HZNP), American Brivision (Holding) (ABVC), TESARO (TSRO), Taro Pharmaceutical Industries (TARO) and Alkermes (ALKS).
What other stocks do shareholders of Pacira Biosciences own?
Who are Pacira Biosciences' key executives?
Pacira Biosciences' management team includes the folowing people:
- Mr. David M. Stack, Chairman & CEO (Age 69)
- Mr. Charles A. Reinhart III, CPA, M.B.A., Chief Financial Officer (Age 58)
- Ms. Kristen Williams, Chief Admin. Officer & Sec. (Age 45)
- Dr. Richard Scranton M.D., MPH, Chief Medical Officer (Age 52)
- Mr. Dennis McLoughlin, Chief Commercial Officer (Age 53)
Who are Pacira Biosciences' major shareholders?
Pacira Biosciences' stock is owned by a variety of of institutional and retail investors. Top institutional investors include Macquarie Group Ltd. (4.37%), Frontier Capital Management Co. LLC (3.34%), Stephens Investment Management Group LLC (2.91%), Clearbridge Investments LLC (2.78%), Renaissance Technologies LLC (2.58%) and Baillie Gifford & Co. (2.40%). Company insiders that own Pacira Biosciences stock include Andreas Wicki, Charles A Reinhart III, David M Stack, Gary W Pace, James B Jones, James S Scibetta, Kristen Marie Williams, Lauren Bullaro Riker, Mark A Kronenfeld, Mark Froimson, Paul J Hastings, Richard Scranton and Scott Braunstein. View Institutional Ownership Trends for Pacira Biosciences.
Which institutional investors are selling Pacira Biosciences stock?
PCRX stock was sold by a variety of institutional investors in the last quarter, including New York State Common Retirement Fund, JPMorgan Chase & Co., Macquarie Group Ltd., Daruma Capital Management LLC, Federated Investors Inc. PA, Goldman Sachs Group Inc., Schonfeld Strategic Advisors LLC and Oxford Asset Management LLP. Company insiders that have sold Pacira Biosciences company stock in the last year include Andreas Wicki, Charles A Reinhart III, David M Stack, Kristen Marie Williams, Lauren Bullaro Riker, Paul J Hastings and Richard Scranton. View Insider Buying and Selling for Pacira Biosciences.
Which institutional investors are buying Pacira Biosciences stock?
PCRX stock was bought by a variety of institutional investors in the last quarter, including Frontier Capital Management Co. LLC, Renaissance Technologies LLC, Dimensional Fund Advisors LP, Marshall Wace North America L.P., AQR Capital Management LLC, Jacobs Levy Equity Management Inc., Penn Capital Management Co. Inc. and Pictet Asset Management Ltd.. Company insiders that have bought Pacira Biosciences stock in the last two years include Gary W Pace, Mark A Kronenfeld and Mark Froimson. View Insider Buying and Selling for Pacira Biosciences.
How do I buy shares of Pacira Biosciences?
Shares of PCRX 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, Scottrade, Fidelity and Charles Schwab.
What is Pacira Biosciences' stock price today?
One share of PCRX stock can currently be purchased for approximately $43.33.
How big of a company is Pacira Biosciences?
Pacira Biosciences has a market capitalization of $1.79 billion and generates $337.28 million in revenue each year. The company earns $-470,000.00 in net income (profit) each year or $0.29 on an earnings per share basis. Pacira Biosciences employs 518 workers across the globe.
What is Pacira Biosciences' official website?
How can I contact Pacira Biosciences?
Pacira Biosciences' mailing address is 5 SYLVAN WAY SUITE 300, PARSIPPANY NJ, 07054. The company can be reached via phone at 973-254-3560 or via email at [email protected]
MarketBeat Community Rating for Pacira Biosciences (NASDAQ PCRX)
MarketBeat's community ratings are surveys of what our community members think about Pacira Biosciences and other stocks. Vote "Outperform" if you believe PCRX will outperform the S&P 500 over the long term. Vote "Underperform" if you believe PCRX will underperform the S&P 500 over the long term. You may vote once every thirty days.
