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Pacific Biosciences (PACB)
NASDAQ:PACB
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PACB Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$1.16 - $10.65
Previous Close$1.64
Volume2.78M
Average Volume (3M)9.14M
Market Cap
$446.95M
Enterprise Value$862.10M
Total Cash (Recent Filing)$509.80M
Total Debt (Recent Filing)$924.95M
Price to Earnings (P/E)―
Beta2.83
Next Earnings
Nov 04, 2024EPS Estimate
-$0.22Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-1.50
Shares Outstanding272,528,950
10 Day Avg. Volume6,636,956
30 Day Avg. Volume9,135,616
Standard Deviation0.27
R-Squared0.16
Alpha-0.00915
Financial Highlights & Ratios
Price to Book (P/B)0.90
Price to Sales (P/S)2.37
Price to Cash Flow (P/CF)-2.10
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue4.56
Enterprise Value/Gross Profit16.33
Enterprise Value/Ebitda-3.03
Forecast
1Y Price Target
$3.06Price Target Upside87.73% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering8
Pacific Biosciences News
Bulls Say, Bears Say
Bulls Say
Cost ManagementCost controls were better than expected and sales funnel and clinical traction support a growth recovery.
Growth InitiativesThe company has implemented aggressive programs to reaccelerate growth while reducing cash burn.
Management OptimismManagement appeared encouraged by several large projects scaling up sequencing, as well as positive book-to-bill ratios for consumables.
Bears Say
Financial PerformanceThe company's 2Q24 performance was not a step in the right direction.
GuidanceDespite the lowered guidance and aggressive cost cuts, challenging macroeconomic conditions and poor visibility on recovery likely keep the stock range bound.
Revenue2Q revenue of $36.0M came in below management expectations and consensus, driven by a shortfall in instrument placements.
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Ownership Overview
2.47% Insiders
16.92% Mutual Funds
0.09% Other Institutional Investors
55.34% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Tech & InnovationRisks related to the company’s reliance on technology and ability to make innovative products
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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PACB FAQ
What was Pacific Biosciences’s price range in the past 12 months?
Pacific Biosciences lowest stock price was $1.16 and its highest was $10.65 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 Nov 04, 2024 which is in 30 days.
How were Pacific Biosciences’s earnings last quarter?
Pacific Biosciences released its earnings results on Aug 07, 2024. The company reported -$0.64 earnings per share for the quarter, missing the consensus estimate of -$0.233 by -$0.407.
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 -$0.22.
How many shares outstanding does Pacific Biosciences have?
Pacific Biosciences has 272,528,960 shares outstanding.
What happened to Pacific Biosciences’s price movement after its last earnings report?
Pacific Biosciences reported an EPS of -$0.64 in its last earnings report, missing expectations of -$0.233. Following the earnings report the stock price went up 9.15%.
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 46M.
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Pacific Biosciences Stock Smart Score
Unlock Smart Score
1
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10
Analyst Consensus
Moderate Buy
Average Price Target:
$3.06 (87.73% Upside)
$3.06 (87.73% Upside)
Blogger Sentiment
Neutral
PACB Sentiment 50%
Sector Average 71%
Sector Average 71%
Hedge Fund Trend
Decreased
By 6.1M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $235.2K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.3%
Last 30 Days ▼ 3.2%
Last 30 Days ▼ 3.2%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-79.62%
12-Months-Change
Fundamentals
Return on Equity
-70.57%
Trailing 12-Months
Asset Growth
-18.30%
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 Company Deck
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PACB Earnings Call
Q2 2024
0:00 / 0:00
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PACB Stock 12 Month Forecast
Average Price Target
$3.06
▲(87.73% Upside)
Technical Analysis
Best Analysts Covering PACB
1 Year
1 Year Success Rate
6/17 ratings generated profit
1 Year Average Return
+13.18%
reiterated a buy rating 2 months ago
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