Pacira BioSciences Inc (PCRX) Shares Gain 3.85% Over Last Week

Pacira BioSciences Inc [PCRX] stock is trading at $20.75, up 0.48%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The PCRX shares have gain 3.85% over the last week, with a monthly amount drifted -8.75%, and not seem to be holding up well over a long-time horizon.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

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.

Pacira BioSciences Inc [PCRX] stock has fluctuated 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 $20.75 at the most recent close of the market. An investor can expect a potential return of 140.96% based on the average PCRX price forecast.

Analyzing the PCRX fundamentals

Pacira BioSciences Inc [NASDAQ:PCRX] reported sales of 690.31M for the trailing twelve months, which represents a growth of 5.05%. Gross Profit Margin for this corporation currently stands at 0.68% with Operating Profit Margin at 0.14%, Pretax Profit Margin comes in at 0.15%, and Net Profit Margin reading is 0.09%. To continue investigating profitability, this company’s Return on Assets is posted at 0.04, Equity is 0.07 and Total Capital is 0.06. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.68.

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 20.24 points at the first support level, and at 19.72 for the second support level. However, for the 1st resistance point, the stock is sitting at 21.26, and for the 2nd resistance point, it is at 21.76.

Ratios To Look Out For

For context, Pacira BioSciences Inc’s Current Ratio is 6.82. Further, the Quick Ratio stands at 5.70, while the Cash Ratio is 2.67. Considering the valuation of this stock, the price to sales ratio is 1.39, the price to book ratio is 1.09 and price to earnings (TTM) ratio is 16.13.

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.

Related Posts