Pacira BioSciences Inc (PCRX) Stock Forecast & Predictions

Pacira BioSciences Inc PCRX: $62.62

5 Sylvan Way Ste 300, Parsippany, New Jersey, US. | Sector: Manufacturing | Exchange: NASDAQ/NGS (GLOBAL SELECT MARKET) | Web:

  • Market Cap$2.77B
  • Change (52 Weeks)65.54%
  • Low (52 Weeks)$36.04
  • Pacira BioSciences Inc (PCRX) Forecast Based on Technical Analysis


    Neutral
    Based on 16 Technical Indicators where 18.75% are on Buy, 31.25% on Sell, and 50.00% Neutral.

    According to the market data, Pacira BioSciences Inc (PCRX) stock price is $62.62 and the 52 weeks low is $36.04, which means the Pacira BioSciences Inc stock price is up 65.54% in the last 12 months.

    Pacira BioSciences Inc (PCRX) Stock Price is not Trending currently as per the Weekly Chart, which means the price may range between specific high and low levels for the next few months, unless some significant changes take place in the market performance or news.

    Technical Indicators are algorithms that are used mostly by Technical traders to predict the price action of a stock.

    Based on our analysis of 16 technical indicators, 18.75% are indicating that PCRX Stock price might rise further, 31.25% indicating that PCRX Stock price might fall, and 50.00% are in a neutral position.

    Based on these technical algorithms, overall PCRX stock price has a Neutral Signal, which means the stock price has the potential to move either up or down, depending on the nature of consolidating market phase, since majority of indicators are providing a neutral signal.

    Pacira BioSciences Inc (PCRX) Stock Forecast By Analysts


    Strong Buy
    Analysts Recommendations for Pacira BioSciences Inc (PCRX) is based on 19 Institutional Analyst Ratings where 47.37% are on Strong Buy, 21.05% on Moderate Buy, 31.58% remains on Hold, 0.00% are on Moderate Sell and 0.00% are on Strong Sell.

    Out of 19 Institutional Analysts, majority recommended PCRX stock as Strong Buy. Since most investors and traders follow analyst ratings closely, this can be a potentially driving factor for the future stock price of Pacira BioSciences Inc.

    Pacira BioSciences Inc (PCRX) Stock Price Prediction By Analysts


    HighLowAverage
    $98.70$54.54$84.83
    $84.8335.47% Upside
    Updated: 2021-04-12 00:00:00

    The Average Price target for PCRX set by the institutional analysts is $84.83 where High Estimate is $98.70, Median $87.21000000000001 and Low $54.54.

    The average price target for PCRX by Institutional Analysts is $84.83, which is 35.47% Upside from the current price. So according to the Institutional Analysts, PCRX Stock might be a bit undervalued at this stage and there’s potential for upside.

    However, although Institutional Analysts set their price targets after extensive research, they’re not always correct. After all, the market is mostly driven by investors speculation and emotion than just concrete numbers.

    Pacira BioSciences Inc (PCRX) Stock Forecast Based on News Sentiment


    Bullish
    Based on 4 articles published Last Week, where 100.00% are Bullish and 0.00% are Bearish.

    According to the news articles published last week, most journalists and bloggers talked positively about PCRX, it shows that Pacira BioSciences Inc had a 100.00% positive news coverage.

    Positive news coverage usually affects short-term price of a stock, so this positive coverage provides an indication that PCRX stock price may surge in the next few weeks.

    Pacira BioSciences Inc (PCRX) Stock Forecasts By Institutional Analysts


    Analyst
    Recommendation
    Action
    BerenbergBuyInitiated
    HC Wainwright & Co.BuyMaintained
    SVB LeerinkMarket PerformDowngraded
    NeedhamBuyMaintained
    NeedhamBuyMaintained
    WedbushOutperformMaintained
    Northland Capital MarketsOutperformUpgraded
    NeedhamBuyMaintained
    HC Wainwright & Co.BuyReiterated
    JefferiesBuyMaintained
    NeedhamBuyMaintained
    GuggenheimNeutralInitiated
    SVB LeerinkOutperformMaintained
    StifelHoldMaintained
    NeedhamBuyMaintained
    Northland Capital MarketsOutperformInitiated
    SVB LeerinkOutperformUpgraded
    HC Wainwright & Co.BuyMaintained
    SunTrust Robinson HumphreyBuyInitiated
    BTIG ResearchBuyInitiated
    BMO CapitalMarket PerformMaintained
    BarclaysOverweightInitiated
    MizuhoNeutralUpgraded
    MizuhoUnderperformDowngraded
    JP MorganNeutralMaintained
    JMP SecuritiesMarket OutperformMaintained
    BMO CapitalMarket PerformMaintained
    Bank of AmericaNeutralMaintained
    Canaccord GenuityHoldMaintained
    Stifel NicolausSellInitiated
    WedbushOutperformMaintained
    BarclaysOverweightMaintained
    Bank of AmericaNeutralDowngraded
    NeedhamBuyUpgraded
    JP MorganNeutralMaintained
    Canaccord GenuityHoldMaintained
    BMO CapitalMarket PerformMaintained
    BMO CapitalMarket PerformMaintained
    NeedhamHoldDowngraded
    Canaccord GenuityHoldMaintained
    Canaccord GenuityHoldMaintained
    Seaport GlobalBuyInitiated
    Leerink SwannMarket PerformInitiated
    JP MorganNeutralInitiated
    MizuhoNeutralDowngraded
    Canaccord GenuityHoldMaintained
    BMO CapitalMarket PerformMaintained
    Canaccord GenuityHoldMaintained
    Janney CapitalSellDowngraded
    Bank of AmericaBuyMaintained
    Canaccord GenuityBuyMaintained
    Goldman SachsNeutralInitiated
    OppenheimerMarket PerformInitiated
    Canaccord GenuityBuyMaintained
    NeedhamBuyInitiated
    Janney CapitalNeutralUpgraded
    BMO CapitalMarket PerformMaintained
    RBC CapitalOutperformInitiated
    WedbushOutperformReiterated
    Canaccord GenuityBuyInitiated
    H.C. WainwrightBuyInitiated
    Janney CapitalNeutralInitiated
    Goldman SachsNeutralInitiated
    BMO CapitalMarket PerformUpgraded
    JefferiesBuyMaintained
    Cowen & Co.Market PerformInitiated
    Brean CapitalHoldDowngraded
    BMO CapitalUnderperformInitiated
    MizuhoBuyInitiated
    Brean CapitalBuyMaintained
    JMP SecuritiesMarket OutperformInitiated
    WedbushOutperformMaintained
    Leerink SwannMarket PerformMaintained
    NomuraBuyInitiated
    Leerink SwannMarket PerformMaintained
    BarclaysOverweightMaintained
    Bank of AmericaNeutralUpgraded
    JefferiesBuyMaintained
    Leerink SwannMarket PerformInitiated
    Canaccord GenuityBuyMaintained
    Canaccord GenuityBuyMaintained
    BarclaysOverweightMaintained
    BarclaysOverweightMaintained
    Bank of AmericaUnderperformDowngraded
    Canaccord GenuityBuyMaintained
    BarclaysOverweightMaintained
    Bank of AmericaNeutralDowngraded
    JefferiesBuyMaintained
    BarclaysOverweightMaintained
    Canaccord GenuityBuyInitiated
    JMP SecuritiesMarket OutperformInitiated
    Goldman SachsBuyInitiated
    JefferiesBuyMaintained
    JefferiesBuyMaintained
    JefferiesBuyInitiated
    JefferiesBuyMaintained
    BarclaysOverweightMaintained
    PiperJaffrayNeutralDowngraded
    JefferiesBuyMaintained
    JefferiesBuyMaintained
    WedbushOutperformMaintained
    BarclaysOverweightMaintained
    PiperJaffrayOverweightMaintained
    JefferiesBuyMaintained
    WedbushOutperformMaintained
    BarclaysOverweightMaintained
    JefferiesBuyMaintained
    WedbushOutperformMaintained
    WedbushOutperformMaintained
    PiperJaffrayOverweightMaintained

    Pacira BioSciences Inc (PCRX) Stock Earning Per Share (EPS) Forecast / Estimate


    $0.781
    The average consensus EPS for PCRX is $0.781 with a high estimate of $1.040 and Low of $0.588 for the period 2021-06-30 and based on 15 Institutional Analysts.

    Last Quarter


    Actual
    Estimate
    Date
    $0.68$0.64340582020-09-30


    The latest average Earning Per Share Estimate for Pacira BioSciences Inc is $0.78, which is higher than PCRX's last EPS, $0.68. This means that Analysts are expecting Pacira BioSciences Inc to report higher earnings. This can drive share prices higher since the investors have positive sentiment about market performance of Pacira BioSciences Inc.

    Earning Per Share (EPS) History


    Actual
    Estimate
    Date
    $0.68$0.64340582020-09-30
    $0.12$0.09464582020-06-30
    $0.53$0.303962020-03-31
    $0.56$0.447272019-12-31
    $0.48$0.33237722019-09-30
    $0.41$0.352919999999999962019-06-30
    $0.22$0.26592422019-03-31
    $0.47$0.280836600000000052018-12-31
    $0.31$0.08228342018-09-30
    $0.24$0.07197122018-06-30
    $0.02$0.0243678000000000022018-03-31
    $0.38$0.097471200000000012017-12-31
    $0.11$-0.0564365999999999962017-09-30
    $-0.11$-0.0492965999999999962017-06-30
    $-0.19$-0.03654662017-03-31
    $0.09$0.01334162016-12-31
    $0.2$-0.0170034000000000022016-09-30
    $0.19$0.0285600000000000022016-06-30
    $0.14$0.07652016-03-31
    $0.2$0.276422015-12-31
    $0.32$0.1532015-09-30
    $0.2$0.23462015-06-30
    $0.23$0.207396600000000012015-03-31
    $0.35$0.275400000000000032014-12-31
    $0.14$0.102000000000000012014-09-30
    $-0.14$-0.21422014-06-30
    $-0.34$-0.328442014-03-31
    $-0.36$-0.273360000000000052013-12-31
    $-0.44$-0.3572013-09-30
    $-0.42$-0.43862013-06-30
    $-0.71$-0.416162013-03-31
    $-0.5$-0.430442012-12-31
    $-0.49$-0.448800000000000032012-09-30
    $-0.23$-0.440642012-06-30
    $-0.47$-0.395762012-03-31
    $-0.58$-0.552842011-12-31
    $-0.55$-0.59840342011-09-30
    $-0.51$-0.59499662011-06-30
    $-0.98$-0.54060000000000012011-03-31

    What is Analyst Ratings & Price Targets?

    The analysts provide Buy, Sell or Hold ratings after extensive research of a companies financial reports, listening to conference calls and some of them even get in contact with upper management of the company to get an overall picture of operation.

    Although institutional Analyst’s are not always correct, their ratings are followed by millions of traders around the world and they can heavily influence trading activities for a company.

    As a retail investor, going through analyst ratings will instantly provide you an idea if the stock is worth buying. Top Analysts also provide their price targets. It’s a prediction of where the stock price might go based on their analysis.

    The best way to analyze price targets is to combined average price targets of major analysts. If the average price target is much higher than the current price of the stock, then the probability of a stock going up is also high.

    What is Technical Analysis?

    Technical Analysis refers to analyzing a stock's price over a period of time. In the financial market, past price patterns are one of the strongest indicators of an asset's future performance.

    In easier terms, millions of traders use Live Charts to watch the stock prices, it is actually a single source of truth for most traders. When a stock's price reaches a significant price level/pattern in the chart, millions of traders take buy/sell positions from those levels.

    As a regular investor, one of the easiest ways to check technical analysis of a stock is through Technical Indicators. Technical Indicators are programmed algorithms that monitor price changes in the Charts and indicate Buy/Sell based on market conditions.

    Some Technical Indicators can be very powerful (e.g SMA) and some can be pretty useless. Stock research tools like iTradely heavily simplify the technical analysis process for the investors by showing Buy/Sell/Neutral ratings combined from 17 powerful technical indicators, all in one page.

    What is Earnings Per Share (EPS) and Why is it Important?

    EPS, or Earning Per Share, can tell a lot about a stock’s performance. It’s calculated by dividing a company’s profit by the number of outstanding shares of its common stocks.

    In layman’s term, earnings is an indicator of a company’s profitability. Higher the earnings, the more profitable a company is.
    Some traders pick stocks solely based on EPS or earnings Analysis, it is a very powerful indicator of a stock’s price.

    Before you buy a stock, check the company’s earnings History and Surprises. A Surprise happens when a company reports a much higher or lower actual earnings/EPS than the forecasted earnings/EPS.

    If a company reports higher EPS surprises consistently, analysts keep raising their estimates, traders become more confident in the company, driving the share price higher.

    What is Stock Sentiment?

    Stock Sentiment refers to how people speculating about the stock or what kind of trading position investors are often taking.

    There are different kinds of sentiments you can find online for a company, this includes Investor Sentiment (Percentage of investors buying or selling), News Sentiment (Is the company getting positive or negative impressions from the Press?), Social Sentiment (The overall trends about the company in social media, is it negative or positive?).