Navigating 4 Analyst Ratings For Pacira BioSciences

Across the recent three months, 4 analysts have shared their insights on Pacira BioSciences PCRX, expressing a variety of opinions spanning from bullish to bearish.

The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 1 3 0 0 0
Last 30D 1 1 0 0 0
1M Ago 0 1 0 0 0
2M Ago 0 0 0 0 0
3M Ago 0 1 0 0 0

Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $47.25, along with a high estimate of $57.00 and a low estimate of $42.00. A negative shift in sentiment is evident as analysts have decreased the average price target by 10.85%.

price target chart

Interpreting Analyst Ratings: A Closer Look

An in-depth analysis of recent analyst actions unveils how financial experts perceive Pacira BioSciences. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Gregory Renza RBC Capital Lowers Outperform $45.00 $53.00
Serge Belanger Needham Maintains Buy $45.00 -
Andreas Argyrides Wedbush Maintains Outperform $57.00 -
Gary Nachman Raymond James Announces Outperform $42.00 -

Key Insights:

  • Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Pacira BioSciences. This information provides a snapshot of how analysts perceive the current state of the company.
  • Rating: Analysts assign qualitative assessments to stocks, ranging from 'Outperform' to 'Underperform'. These ratings convey the analysts' expectations for the relative performance of Pacira BioSciences compared to the broader market.
  • Price Targets: Analysts predict movements in price targets, offering estimates for Pacira BioSciences's future value. Examining the current and prior targets offers insights into analysts' evolving expectations.

Analyzing these analyst evaluations alongside relevant financial metrics can provide a comprehensive view of Pacira BioSciences's market position. Stay informed and make data-driven decisions with the assistance of our Ratings Table.

Stay up to date on Pacira BioSciences analyst ratings.

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All You Need to Know About Pacira BioSciences

Pacira BioSciences Inc is a provider of non-opioid pain management and regenerative health solutions dedicated to advancing and improving outcomes for healthcare practitioners and their patients. The company has launched EXPAREL which utilizes DepoFoam, a product delivery technology that encapsulates drugs without altering their molecular structure, and releases them over a desired period of time.

Pacira BioSciences: Delving into Financials

Market Capitalization Analysis: Reflecting a smaller scale, the company's market capitalization is positioned below industry averages. This could be attributed to factors such as growth expectations or operational capacity.

Revenue Challenges: Pacira BioSciences's revenue growth over 3 months faced difficulties. As of 30 September, 2023, the company experienced a decline of approximately -2.11%. This indicates a decrease in top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Health Care sector.

Net Margin: Pacira BioSciences's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of 6.62%, the company showcases strong profitability and effective cost management.

Return on Equity (ROE): Pacira BioSciences's ROE excels beyond industry benchmarks, reaching 1.32%. This signifies robust financial management and efficient use of shareholder equity capital.

Return on Assets (ROA): Pacira BioSciences's ROA excels beyond industry benchmarks, reaching 0.71%. This signifies efficient management of assets and strong financial health.

Debt Management: Pacira BioSciences's debt-to-equity ratio is below the industry average. With a ratio of 0.71, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.

How Are Analyst Ratings Determined?

Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.

Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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