Pacific Biosciences of California Inc [PACB] stock prices are saw in change for the day to $2.10 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The PACB shares have gain 16.67% over the last week, with a monthly amount drifted -3.67%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Pacific Biosciences of California Inc [NASDAQ: PACB] stock has seen the most recent analyst activity on November 11, 2024, when UBS downgraded its rating to a Neutral. On April 22, 2024, downgrade downgraded it’s rating to Neutral. Goldman downgraded its rating to a Neutral and decreased its price target to $2.50 on April 18, 2024. Stephens initiated its recommendation with a Overweight and recommended $11 as its price target on December 14, 2023. In a note dated December 13, 2023, Wolfe Research initiated an Peer Perform rating.
The stock price of Pacific Biosciences of California Inc [PACB] has been fluctuating between $1.16 and $8.48 over the past year. Currently, Wall Street analysts expect the stock to reach $3 within the next 12 months. Pacific Biosciences of California Inc [NASDAQ: PACB] shares were valued at $2.10 at the most recent close of the market. An investor can expect a potential return of 42.86% based on the average PACB price forecast.
Analyzing the PACB fundamentals
The Pacific Biosciences of California Inc [NASDAQ:PACB] reported sales of 173.15M for trailing twelve months, representing a drop of -28.23%. Gross Profit Margin for this corporation currently stands at 0.18% with Operating Profit Margin at -2.15%, Pretax Profit Margin comes in at -2.28%, and Net Profit Margin reading is -2.28%. To continue investigating profitability, this company’s Return on Assets is posted at -0.27, Equity is -0.69 and Total Capital is -0.27. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.97.
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 2.00 points at the first support level, and at 1.89 for the second support level. However, for the 1st resistance point, the stock is sitting at 2.18, and for the 2nd resistance point, it is at 2.25.
Ratios To Look Out For
It’s worth pointing out that Pacific Biosciences of California Inc [NASDAQ:PACB]’s Current Ratio is 9.74. On the other hand, the Quick Ratio is 8.64, and the Cash Ratio is 1.3. Considering the valuation of this stock, the price to sales ratio is 3.32, the price to book ratio is 1.27.
Transactions by insiders
Recent insider trading involved Van Oene Mark, that happened on Jan 10 ’25 when 34405.0 shares were sold. Officer, MARK VAN OENE completed a deal on Jan 10 ’25 to buy 34405.0 shares. Meanwhile, Kim Susan G. sold 19782.0 shares on Sep 30 ’24.
