Pacira BioSciences Inc [PCRX] stock prices are up 1.40% to $20.26 at the moment. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The PCRX shares have lost -3.48% over the last week, with a monthly amount drifted -30.26%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Pacira BioSciences Inc [NASDAQ: PCRX] stock has seen the most recent analyst activity on July 03, 2024, when Barclays downgraded its rating to a Equal Weight and also revised its price target to $25 from $38. On December 20, 2023, Raymond James initiated with a Outperform rating and assigned a price target of $42 on the stock. TD Cowen upgraded its rating to a Outperform but stick to its price target of $50 on August 03, 2023.
The stock price of Pacira BioSciences Inc [PCRX] has been fluctuating between $19.34 and $40.16 over the past year. Currently, Wall Street analysts expect the stock to reach $50 within the next 12 months. Pacira BioSciences Inc [NASDAQ: PCRX] shares were valued at $20.26 at the most recent close of the market. An investor can expect a potential return of 146.79% based on the average PCRX price forecast.
Analyzing the PCRX fundamentals
The Pacira BioSciences Inc [NASDAQ:PCRX] reported sales of 681.75M for trailing twelve months, representing a surge of 4.23%. Gross Profit Margin for this corporation currently stands at 0.69% with Operating Profit Margin at 0.16%, Pretax Profit Margin comes in at 0.15%, and Net Profit Margin reading is 0.1%. To continue investigating profitability, this company’s Return on Assets is posted at 0.04, Equity is 0.08 and Total Capital is 0.07. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.59.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 19.83 points at the first support level, and at 19.41 for the second support level. However, for the 1st resistance point, the stock is sitting at 20.55, and for the 2nd resistance point, it is at 20.85.
Ratios To Look Out For
It’s worth pointing out that Pacira BioSciences Inc [NASDAQ:PCRX]’s Current Ratio is 5.81. In addition, the Quick Ratio stands at 4.78 and the Cash Ratio stands at 1.97. Considering the valuation of this stock, the price to sales ratio is 1.38, the price to book ratio is 1.06 and price to earnings (TTM) ratio is 14.55.
Transactions by insiders
Recent insider trading involved SLONIN JONATHAN, Chief Medical Officer, that happened on Jul 02 ’24 when 2836.0 shares were sold. Chief Administrative Officer, WILLIAMS KRISTEN completed a deal on Jun 13 ’24 to sell 7452.0 shares. Meanwhile, Chief Operating Officer GAUGLER DARYL sold 1000.0 shares on Jun 13 ’24.
