Market Highlights: Pacira BioSciences Inc (PCRX) Ends on a High Note at 17.67

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The price of Pacira BioSciences Inc (NASDAQ: PCRX) closed at $17.67 in the last session, up 2.26% from day before closing price of $17.28. In other words, the price has increased by $2.26 from its previous closing price. On the day, 0.73 million shares were traded. PCRX stock price reached its highest trading level at $18.15 during the session, while it also had its lowest trading level at $17.16.

Ratios:

We take a closer look at PCRX’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.02 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 4.41. For the most recent quarter (mrq), Quick Ratio is recorded 5.70 and its Current Ratio is at 6.82. In the meantime, Its Debt-to-Equity ratio is 0.74 whereas as Long-Term Debt/Eq ratio is at 0.73.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Truist on August 13, 2024, Downgraded its rating to Sell and sets its target price to $8 from $30 previously.

On August 12, 2024, RBC Capital Mkts Downgraded its rating to Sector Perform which previously was Outperform and also lowered its target price recommendation from $37 to $14.

Insider Transactions:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Sep 13 ’24 when GAUGLER DARYL sold 500 shares for $12.86 per share. The transaction valued at 6,430 led to the insider holds 115,700 shares of the business.

GAUGLER DARYL bought 500 shares of PCRX for $6,430 on Sep 13 ’24. On Aug 16 ’24, another insider, BIGAL MARCELO, who serves as the Director of the company, bought 1,512 shares for $13.25 each. As a result, the insider paid 20,034 and bolstered with 10,142 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PCRX now has a Market Capitalization of 815062336 and an Enterprise Value of 1059432128. As of this moment, Pacira’s Price-to-Earnings (P/E) ratio for their current fiscal year is 13.73, and their Forward P/E ratio for the next fiscal year is 6.00. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.27. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.18 while its Price-to-Book (P/B) ratio in mrq is 0.93. Its current Enterprise Value per Revenue stands at 1.535 whereas that against EBITDA is 6.042.

Stock Price History:

Over the past 52 weeks, PCRX has reached a high of $35.95, while it has fallen to a 52-week low of $11.16. The 50-Day Moving Average of the stock is 13.81%, while the 200-Day Moving Average is calculated to be -25.10%.

Shares Statistics:

According to the various share statistics, PCRX traded on average about 1.09M shares per day over the past 3-months and 450510 shares per day over the past 10 days. A total of 46.48M shares are outstanding, with a floating share count of 44.59M. Insiders hold about 3.33% of the company’s shares, while institutions hold 107.18% stake in the company. Shares short for PCRX as of 1728950400 were 6140722 with a Short Ratio of 5.64, compared to 1726185600 on 5746834. Therefore, it implies a Short% of Shares Outstanding of 6140722 and a Short% of Float of 19.389999.

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