NASDAQ:PCRX Pacira Biosciences Stock Forecast, Price & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Pacira Biosciences Inc Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $59.77 -1.00 (-1.65 %) (As of 09/21/2020 12:00 AM ET) Add Compare Share Today's Range$58.94Now: $59.77▼$61.7450-Day Range$52.61MA: $59.95▼$63.0052-Week Range$27.46Now: $59.77▼$64.44Volume351,897 shsAverage Volume671,841 shsMarket Capitalization$2.55 billionP/E RatioN/ADividend YieldN/ABeta1.31 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media 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.Read More Beat the Market (BTM) Rank™ 2.4 Analyst's Opinion Consensus RatingPacira Biosciences has received a consensus rating of Buy. The company's average rating score is 2.79, and is based on 11 buy ratings, 3 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $62.07, Pacira Biosciences has a forecasted upside of 3.9% from its current price of $59.77.Amount of Analyst CoveragePacira Biosciences has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.9 Community Rank Outperform VotesPacira Biosciences has received 747 “outperform” votes. (Add your “outperform” vote.)Underperform VotesPacira Biosciences has received 558 “underperform” votes. (Add your “underperform” vote.)Community SentimentPacira Biosciences has received 57.24% “outperform” votes from our community.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. Previous Next 0.0 Dividend Strength Dividend YieldPacira Biosciences does not currently pay a dividend.Dividend GrowthPacira Biosciences does not have a long track record of dividend growth. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Pacira Biosciences insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $16,833,961.00 in company stock.Percentage Held by InsidersOnly 6.20% of the stock of Pacira Biosciences is held by insiders. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Pacira Biosciences are expected to grow by 189.66% in the coming year, from $1.16 to $3.36 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Pacira Biosciences is -239.08, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Pacira Biosciences is -239.08, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Growth RatioPacira Biosciences has a PEG Ratio of 1.60. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioPacira Biosciences has a P/B Ratio of 7.02. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 2.4Community Rank: 2.9Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 1.9 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.43 out of 5 stars Industry, Sector and Symbol Stock Exchange NASDAQ Industry Pharmaceutical preparations Sub-IndustryPharmaceuticals SectorMedical Current SymbolNASDAQ:PCRX Previous Symbol CUSIP69512710 CIK1396814 Webwww.pacira.com Phone973-254-3560Debt Debt-to-Equity Ratio0.81 Current Ratio6.46 Quick Ratio5.51Price-To-Earnings Trailing P/E RatioN/A Forward P/E Ratio51.53 P/E Growth1.6 Sales & Book Value Annual Sales$421.03 million Price / Sales6.07 Cash Flow$1.79 per share Price / Cash Flow33.35 Book Value$8.51 per share Price / Book7.02Profitability EPS (Most Recent Fiscal Year)$0.86 Net Income$-11,020,000.00 Net Margins-2.47% Return on Equity10.27% Return on Assets4.52%Miscellaneous Employees518 Outstanding Shares42,742,000Market Cap$2.55 billion Next Earnings Date11/5/2020 (Estimated) OptionableOptionable $59.77 -1.00 (-1.65 %) (As of 09/21/2020 12:00 AM ET) 30 days | 90 days | 365 days | Advanced Chart Receive PCRX News and Ratings via Email Sign-up to receive the latest news and ratings for PCRX and its competitors with MarketBeat's FREE daily newsletter. Pacira Biosciences (NASDAQ:PCRX) Frequently Asked Questions How has Pacira Biosciences' stock price been impacted by COVID-19? 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 increased by 69.8% and is now trading at $59.77. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of Pacira Biosciences? 14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Pacira Biosciences in the last year. There are currently 3 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, November 5th 2020. View our earnings forecast for Pacira Biosciences. How were Pacira Biosciences' earnings last quarter? Pacira Biosciences Inc (NASDAQ:PCRX) posted its quarterly earnings data on Thursday, August, 6th. The company reported $0.12 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.09 by $0.03. The firm earned $75.50 million during the quarter, compared to analyst estimates of $75.57 million. Pacira Biosciences had a negative net margin of 2.47% and a positive return on equity of 10.27%. The business's revenue was down 26.4% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.41 EPS. View Pacira Biosciences' earnings history. What guidance has Pacira Biosciences issued on next quarter's earnings? Pacira Biosciences updated its second quarter 2020 After-Hours earnings guidance on Monday, July, 6th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $75.5-75.5 million, compared to the consensus revenue estimate of $57.81 million. What price target have analysts set for PCRX? 14 brokers have issued 1-year price objectives for Pacira Biosciences' shares. Their forecasts range from $41.00 to $85.00. On average, they expect Pacira Biosciences' stock price to reach $62.07 in the next twelve months. This suggests a possible upside of 3.9% from the stock's current price. View analysts' price targets for Pacira Biosciences. Are investors shorting Pacira Biosciences? Pacira Biosciences saw a drop in short interest during the month of August. As of August 31st, there was short interest totaling 6,400,000 shares, a drop of 11.4% from the August 15th total of 7,220,000 shares. Based on an average daily volume of 723,100 shares, the days-to-cover ratio is currently 8.9 days. View Pacira Biosciences' Short Interest. Who are some of Pacira Biosciences' key competitors? Some companies that are related to Pacira Biosciences include Johnson & Johnson (JNJ), Merck & Co., Inc. (MRK), Pfizer (PFE), AbbVie (ABBV), Eli Lilly And Co (LLY), Bristol-Myers Squibb (BMY), Zoetis (ZTS), Horizon Therapeutics (HZNP), Royalty Pharma (RPRX), Jazz Pharmaceuticals (JAZZ), Mylan (MYL), Perrigo (PRGO), Nektar Therapeutics (NKTR), Corcept Therapeutics (CORT) and Zogenix (ZGNX). View all 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), NVIDIA (NVDA), Micron Technology (MU), ACADIA Pharmaceuticals (ACAD), AbbVie (ABBV), Pfizer (PFE), QUALCOMM (QCOM), Skyworks Solutions (SWKS), Celgene (CELG) and Clovis Oncology (CLVS). 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 variety of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (10.24%), Macquarie Group Ltd. (4.74%), Paulson & CO. Inc. (3.02%), Frontier Capital Management Co. LLC (2.62%), Stephens Investment Management Group LLC (2.40%) and Gagnon Securities LLC (0.99%). 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, Max Reinhardt, Paul J Hastings, Richard Scranton and Roy Winston. 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 Paulson & CO. Inc., Stephens Investment Management Group LLC, Nuveen Asset Management LLC, Goldman Sachs Group Inc., Gagnon Advisors LLC, WINTON GROUP Ltd, Peregrine Capital Management LLC, and PDT Partners LLC. Company insiders that have sold Pacira Biosciences company stock in the last year include Andreas Wicki, Charles A Reinhart III, Charles Anthony Laranjeira, David M Stack, Dennis Mcloughlin, John P Phd Longenecker, Kristen Marie Williams, Lauren Bullaro Riker, Max Reinhardt, and Paul J Hastings. View insider buying and selling activity for Pacira Biosciences. Which institutional investors are buying Pacira Biosciences stock? PCRX stock was acquired by a variety of institutional investors in the last quarter, including Macquarie Group Ltd., Glenmede Trust Co. NA, MERIAN GLOBAL INVESTORS UK Ltd, Foundry Partners LLC, Federated Hermes Inc., Tygh Capital Management Inc., Assenagon Asset Management S.A., and Prosight Management LP. 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 $59.77. How big of a company is Pacira Biosciences? Pacira Biosciences has a market capitalization of $2.55 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. What is Pacira Biosciences' official website? The official website for Pacira Biosciences is 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] This page was last updated on 9/22/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. 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