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Pacific Biosciences (PACB)
NASDAQ:PACB
Pacific Biosciences (PACB) Stock Price & Analysis
2,155 Followers
PACB Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$1.25 - $14.55
Previous Close$2.02
Volume8.14M
Average Volume (3M)10.96M
Market Cap
$550.16M
Enterprise Value$717.93M
Total Cash (Recent Filing)$767.79M
Total Debt (Recent Filing)$935.56M
Price to Earnings (P/E)-1.8
Beta3.31
Next Earnings
Jul 31, 2024EPS Estimate
-$0.23Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-1.14
Shares Outstanding272,355,892
10 Day Avg. Volume13,633,297
30 Day Avg. Volume10,959,894
Standard Deviation0.25
R-Squared0.17
Alpha-0.01
Financial Highlights & Ratios
Price to Book (P/B)-2.26
Price to Sales (P/S)4.29
Price to Cash Flow (P/CF)-2.00
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue9.79
Enterprise Value/Gross Profit14.64
Enterprise Value/Ebitda-2.35
Forecast
1Y Price Target
$3.22Price Target Upside59.41% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering10
Pacific Biosciences News
Bulls Say, Bears Say
Bulls Say
Company PerformancePacific Biosciences reported a strong year-over-year revenue growth, which reflects the company's commercial success and potential for expansion.
Financial StrategyThe company remains confident it can achieve $500 million in revenue by 2026.
Product DevelopmentPACB is focusing their R&D spend on long-read benchtop in order to help drive adoption of their long-read technology.
Bears Say
Guidance RevisionRevised Long Term revenue targets weren’t provided, management remains committed to Free Cash Flow.
Instrument Sales DeclineInstrument revenue declined due to uncertainty surrounding the timing of funding for new capital equipment.
Revenue Miss1Q revenue of $38.8mn missed Visible Alpha Consensus Data of $43.4mn.
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Risk Analysis
Main Risk Category
Tech & InnovationRisks related to the company’s reliance on technology and ability to make innovative products
PACB FAQ
What was Pacific Biosciences’s price range in the past 12 months?
Pacific Biosciences lowest stock price was $1.25 and its highest was $14.55 in the past 12 months.
What is Pacific Biosciences’s market cap?
Currently, no data Available
When is Pacific Biosciences’s upcoming earnings report date?
Pacific Biosciences’s upcoming earnings report date is Jul 31, 2024 which is in 74 days.
How were Pacific Biosciences’s earnings last quarter?
Pacific Biosciences released its earnings results on May 09, 2024. The company reported -$0.29 earnings per share for the quarter, missing the consensus estimate of -$0.276 by -$0.014.
Is Pacific Biosciences overvalued?
According to Wall Street analysts Pacific Biosciences’s price is currently Undervalued.
Does Pacific Biosciences pay dividends?
Pacific Biosciences does not currently pay dividends.
What is Pacific Biosciences’s EPS estimate?
Pacific Biosciences’s EPS estimate is -$0.23.
How many shares outstanding does Pacific Biosciences have?
Pacific Biosciences has 272,355,900 shares outstanding.
What happened to Pacific Biosciences’s price movement after its last earnings report?
Pacific Biosciences reported an EPS of -$0.29 in its last earnings report, missing expectations of -$0.276. Following the earnings report the stock price went up 2.907%.
Which hedge fund is a major shareholder of Pacific Biosciences?
Among the largest hedge funds holding Pacific Biosciences’s share is ARK Investment Management LLC. It holds Pacific Biosciences’s shares valued at 338M.
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Pacific Biosciences Stock Smart Score
Underperform
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10
Analyst Consensus
Moderate Buy
Average Price Target:
$3.22 (59.41% Upside)
$3.22 (59.41% Upside)
Blogger Sentiment
Bullish
PACB Sentiment 75%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Decreased
By 3.0M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $327.1K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Negative
Last 7 Days ▼ 1.7%
Last 30 Days ▲ 0.3%
Last 30 Days ▲ 0.3%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-84.15%
12-Months-Change
Fundamentals
Return on Equity
-44.28%
Trailing 12-Months
Asset Growth
-11.94%
Trailing 12-Months
Company Description
Pacific Biosciences
Pacific Biosciences of California, Inc. engages in the development, manufacture and sale of an integrated platform for genetic analysis. Its products and services include PacBio sequel system, consumables, analytical software, and single molecule real-time (SMRT) compatible products. It operates through the following geographical segments: North America, Europe, and Asia Pacific. The company was founded by Stephen Turner and Joseph Vincent Bonventre on July 14, 2000 and is headquartered in Menlo Park, CA.
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PACB Earnings Call
Q1 2024
0:00 / 0:00
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PACB Stock 12 Month Forecast
Average Price Target
$3.22
▲(59.41% Upside)
Technical Analysis
Best Analysts Covering PACB
1 Year
1 Year Success Rate
6/16 ratings generated profit
1 Year Average Return
+18.61%
reiterated a buy rating 8 days ago
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