With 0.81 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.79 million shares. During the session, the Drug Manufacturers – Specialty & Generic company that operates in wider Healthcare sector, reached to the highest price of $27.0825 whereas the lowest price it dropped to was $25.06. The 52-week range on PCRX shows that it touched its highest point at $32.65 and its lowest point at $11.16 during that stretch. It currently has a 1-year price target of $27.14. Beta for the stock currently stands at 0.80.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of PCRX was up-trending over the past week, with a rise of 0.35%, but this was up by 36.68% over a month. Three-month performance surged to 52.64% while six-month performance rose 24.10%. The stock lost -20.99% in the past year, while it has gained 36.68% so far this year. A look at the trailing 12-month EPS for PCRX yields -2.05 with Next year EPS estimates of 3.44. For the next quarter, that number is 0.82. This implies an EPS growth rate of 11.67% for this year and 9.70% for next year.
Float and Shares Shorts:
At present, 46.15 million PCRX shares are outstanding with a float of 44.70 million shares on hand for trading. On 2025-01-15, short shares totaled 5.44 million, which was 1179.0 higher than short shares on 1734048000. In addition to Ms. Kristen Williams J.D. as the firm’s Chief Administrative Officer & Secretary, Mr. David M. Stack serves as its Advisor.
Institutional Ownership:
Through their ownership of 1.13725 of PCRX’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, PCRX reported revenue of $168573000.0 and operating income of $21950000.0. The EBITDA in the recently reported quarter was $46723000.0 and diluted EPS was -$3.11.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for PCRX since 6 analysts follow the stock currently. There are 5 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With PCRX analysts setting a high price target of 50.0 and a low target of 11.0, the average target price over the next 12 months is 27.14286. Based on these targets, PCRX could surge 94.17% to reach the target high and fall by -57.28% to reach the target low. Reaching the average price target will result in a growth of 5.41% from current levels.
Analysts have provided yearly estimates in a range of $3.45278 being high and $3.00028 being low. For PCRX, this leads to a yearly average estimate of $3.138. Based on analyst estimates, the high estimate for the next quarter is $0.94 and the low estimate is $0.59. The average estimate for the next quarter is thus $0.78.
