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NASDAQ:PCRX - Pacira Biosciences Stock Price, Forecast & News

$31.73
-0.71 (-2.19 %)
(As of 03/29/2020 05:53 AM ET)
Today's Range
$30.52
Now: $31.73
$33.24
50-Day Range
$28.40
MA: $41.42
$50.70
52-Week Range
$27.46
Now: $31.73
$51.35
Volume940,339 shs
Average Volume1.00 million shs
Market Capitalization$1.33 billion
P/E RatioN/A
Dividend YieldN/A
Beta1.15
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.
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Industry, Sector and Symbol

Industry Pharmaceutical preparations
Sub-IndustryPharmaceuticals
SectorMedical
Current SymbolNASDAQ:PCRX
CUSIP69512710
Phone973-254-3560

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$421.03 million
Cash Flow$1.69 per share
Book Value$8.51 per share

Profitability

Net Income$-11,020,000.00

Miscellaneous

Employees518
Market Cap$1.33 billion
Next Earnings Date5/7/2020 (Estimated)
OptionableOptionable

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Pacira Biosciences (NASDAQ:PCRX) Frequently Asked Questions

How has Pacira Biosciences' stock been impacted by COVID-19 (Coronavirus)?

Pacira Biosciences' stock was trading at $35.19 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, PCRX stock has decreased by 9.8% and is now trading at $31.73. View which stocks have been mosted impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Pacira Biosciences?

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Pacira Biosciences in the last year. There are currently 4 hold ratings and 11 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Pacira Biosciences.

When is Pacira Biosciences' next earnings date?

Pacira Biosciences is scheduled to release its next quarterly earnings announcement on Thursday, May 7th 2020. View our earnings forecast for Pacira Biosciences.

How were Pacira Biosciences' earnings last quarter?

Pacira Biosciences Inc (NASDAQ:PCRX) posted its quarterly earnings results on Thursday, February, 20th. The company reported $0.56 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.21 by $0.35. The firm had revenue of $122.42 million for the quarter, compared to the consensus estimate of $122.04 million. Pacira Biosciences had a positive return on equity of 10.81% and a negative net margin of 2.62%. Pacira Biosciences's revenue was up 28.7% compared to the same quarter last year. During the same period last year, the firm posted $0.47 earnings per share. View Pacira Biosciences' earnings history.

What guidance has Pacira Biosciences issued on next quarter's earnings?

Pacira Biosciences updated its FY 2020 Pre-Market earnings guidance on Thursday, February, 20th. The company provided EPS guidance of for the period. The company issued revenue guidance of $485-500 million, compared to the consensus revenue estimate of $495.91 million.

What price target have analysts set for PCRX?

15 analysts have issued 12-month price objectives for Pacira Biosciences' stock. Their forecasts range from $38.00 to $85.00. On average, they expect Pacira Biosciences' share price to reach $54.00 in the next year. This suggests a possible upside of 70.2% from the stock's current price. View analysts' price targets 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. According to Zacks Investment Research, "Pacira changed its name to Pacira BioSciences after acquiring MyoScience in April 2019 following which, it added the latter’s iovera system to its portfolio.. Pacira's top line mainly comprises contribution from its marketed drug Exparel, which continues to maintain momentum. The drug’s label expansion to include administration via nerve block for prolonged regional analgesia is expected to further boost sales in the days ahead. Pacira’s agreement with Nuance for the development and commercialization of Exparel in China is a tailwind. The company's shares have outperformed the industry in the past year. However, Pacira remains heavily dependent on Exparel for growth. Therefore, any regulatory setback for the drug will severely hurt the stock." (3/27/2020)
  • 2. 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)

Has Pacira Biosciences been receiving favorable news coverage?

Press coverage about PCRX stock has trended somewhat positive on Sunday, InfoTrie Sentiment Analysis reports. The research firm rates the sentiment of media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Pacira Biosciences earned a coverage optimism score of 1.2 on InfoTrie's scale. They also gave media headlines about the company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the company's share price in the near future. View the latest news aboutPacira Biosciences.

Are investors shorting Pacira Biosciences?

Pacira Biosciences saw a increase in short interest in February. As of February 14th, there was short interest totaling 4,450,000 shares, an increase of 7.0% from the January 30th total of 4,160,000 shares. Based on an average daily trading volume, of 481,900 shares, the short-interest ratio is currently 9.2 days. Currently, 11.0% of the company's shares are sold short. View Pacira Biosciences' Current Options Chain.

Who are some of Pacira Biosciences' key competitors?

What other stocks do shareholders of Pacira Biosciences own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Pacira Biosciences investors own include Gilead Sciences (GILD), ACADIA Pharmaceuticals (ACAD), Celgene (CELG), Clovis Oncology (CLVS), NVIDIA (NVDA), Micron Technology (MU), Alibaba Group (BABA), Bausch Health Companies (BHC), Exelixis (EXEL) and Incyte (INCY).

Who are Pacira Biosciences' key executives?

Pacira Biosciences' management team includes the following 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)

What is Pacira Biosciences' stock symbol?

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

Who are Pacira Biosciences' major shareholders?

Pacira Biosciences' stock is owned by a number of retail and institutional investors. Top institutional investors include Renaissance Technologies LLC (4.31%), Baillie Gifford & Co. (3.32%), State Street Corp (3.19%), Schroder Investment Management Group (2.18%), Spyglass Capital Management LLC (2.05%) and Geode Capital Management LLC (1.53%). Company insiders that own Pacira Biosciences stock include Andreas Wicki, Charles A Reinhart III, Charles Anthony Laranjeira, David M Stack, Dennis Mcloughlin, Gary W Pace, John P Phd Longenecker, Kristen Marie Williams, Lauren Bullaro Riker, Mark A Kronenfeld, Paul J Hastings, Richard Scranton and Roy Winston. View institutional ownership trends for Pacira Biosciences.

Which major investors are selling Pacira Biosciences stock?

PCRX stock was sold by a variety of institutional investors in the last quarter, including Credit Suisse AG, Nuveen Asset Management LLC, Point72 Asset Management L.P., Marshall Wace LLP, Tamarack Advisers LP, AQR Capital Management LLC, Maverick Capital Ltd., and First Trust Advisors LP. Company insiders that have sold Pacira Biosciences company stock in the last year include Charles A Reinhart III, Charles Anthony Laranjeira, David M Stack, Dennis Mcloughlin, John P Phd Longenecker, Kristen Marie Williams, Lauren Bullaro Riker, Paul J Hastings, and Richard Scranton. View insider buying and selling activity for Pacira Biosciences.

Which major investors are buying Pacira Biosciences stock?

PCRX stock was purchased by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Norges Bank, Spyglass Capital Management LLC, Baillie Gifford & Co., Great Lakes Advisors LLC, Schroder Investment Management Group, California Public Employees Retirement System, and UBS Group AG. Company insiders that have bought Pacira Biosciences stock in the last two years include Gary W Pace, Mark A Kronenfeld, and Roy Winston. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is Pacira Biosciences' stock price today?

One share of PCRX stock can currently be purchased for approximately $31.73.

How big of a company is Pacira Biosciences?

Pacira Biosciences has a market capitalization of $1.33 billion and generates $421.03 million in revenue each year. The company earns $-11,020,000.00 in net income (profit) each year or $0.86 on an earnings per share basis. Pacira Biosciences employs 518 workers across the globe. View additional information about Pacira Biosciences.

What is Pacira Biosciences' official website?

The official website for Pacira Biosciences is http://www.pacira.com/.

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)

Community Ranking:  2.8 out of 5 (star star)
Outperform Votes:  723 (Vote Outperform)
Underperform Votes:  546 (Vote Underperform)
Total Votes:  1,269
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.
This page was last updated on 3/29/2020 by MarketBeat.com Staff

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