Pacira BioSciences - PCRX Stock Forecast, Price & News

8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Pacira BioSciences in the last twelve months. There are currently 2 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" PCRX shares.
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8 brokers have issued 1-year price targets for Pacira BioSciences' stock. Their PCRX share price forecasts range from $60.00 to $96.00. On average, they anticipate the company's stock price to reach $80.75 in the next year. This suggests a possible upside of 52.8% from the stock's current price.
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Pacira BioSciences' stock was trading at $60.17 at the start of the year. Since then, PCRX shares have decreased by 12.1% and is now trading at $52.86.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 2nd 2022.
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Pacira BioSciences, Inc. (NASDAQ:PCRX) posted its quarterly earnings results on Wednesday, August, 3rd. The company reported $0.34 EPS for the quarter, missing analysts' consensus estimates of $0.57 by $0.23. The firm earned $169.41 million during the quarter, compared to analysts' expectations of $169.27 million. Pacira BioSciences had a trailing twelve-month return on equity of 13.13% and a net margin of 6.39%. Pacira BioSciences's revenue was up 24.9% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.60 EPS.

Pacira BioSciences updated its second quarter 2022 earnings guidance on Thursday, July, 28th. The company provided EPS guidance of for the period. The company issued revenue guidance of $169.40 million-$169.40 million, compared to the consensus revenue estimate of $174.91 million.

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 institutional and retail investors. Top institutional investors include Macquarie Group Ltd. (7.84%), Renaissance Technologies LLC (4.33%), Baillie Gifford & Co. (4.26%), Loomis Sayles & Co. L P (2.83%), Stephens Investment Management Group LLC (2.57%) and Clearbridge Investments LLC (2.48%). 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, Dennis Mcloughlin, Donald C Manning, Gary W Pace, John P Phd Longenecker, Jonathan Slonin, Kristen Marie Williams, Laura Brege, Lauren Bullaro Riker, 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 $52.86.

Pacira BioSciences (NASDAQ:PCRX) has a market capitalization of $2.40 billion and generates $541.53 million in revenue each year. The company earns $41.98 million in net income (profit) each year or $0.82 on an earnings per share basis.

The company employs 697 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.