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Pacific Biosciences (PACB)
:PACB
RESEARCH TOOLSreports
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PACB Stock Chart & Stats
Day’s Range― - ―
52-Week Range$1.16 - $7.50
Previous CloseN/A
Volume8.28M
Average Volume (3M)9.47M
Market Cap
$438.18M
Enterprise Value$912.87M
Total Cash (Recent Filing)$71.98M
Total Debt (Recent Filing)$16.11M
Price to Earnings (P/E)―
Beta2.28
Next Earnings
Feb 13, 2025EPS Estimate
-0.19Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-1.46
Shares Outstanding273,863,560
10 Day Avg. Volume11,476,807
30 Day Avg. Volume9,468,099
Standard Deviation0.27
R-Squared0.14
Alpha-0.00405
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)2.76
Price to Cash Flow (P/CF)-2.60
P/FCF Ratio0.00
Enterprise Value/Market Cap2.08
Enterprise Value/Revenue5.27
Enterprise Value/Gross Profit17.30
Enterprise Value/Ebitda-3.50
Forecast
1Y Price Target
$3.06Price Target Upside91.25% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering8
Pacific Biosciences News
Bulls Say, Bears Say
Bulls Say
Debt ManagementPacBio's refinancing of a portion of its convertible debt addresses investor concerns related to the company's debt overhang.
Market GrowthA record number of Onso units were shipped, including two-thirds to new customers, which supports growth into the future.
Product InnovationThe launch of the Vega platform and recent advancements to Revio are expected to unlock new market opportunities and help PacBio's product line rebound.
Bears Say
Financial PerformanceThe company's total revenue of $40.0 million in 3Q24 was lower than estimates and represented a 28% year-over-year decrease.
Market ConditionsChallenging macro conditions and limited visibility into recovery timing likely keep the stock range bound.
Revenue GuidancePacific Bio lowered its 2024 revenue guidance following unfavorable 3Q24 results and reduced Revio instrument shipments.
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Ownership Overview
2.45% Insiders
13.19% Mutual Funds
0.27% Other Institutional Investors
60.56% 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 $7.50 in the past 12 months.
What is Pacific Biosciences’s market cap?
Pacific Biosciences’s market cap is $438.18M.
When is Pacific Biosciences’s upcoming earnings report date?
Pacific Biosciences’s upcoming earnings report date is Feb 13, 2025 which is in 26 days.
How were Pacific Biosciences’s earnings last quarter?
Pacific Biosciences released its earnings results on Nov 07, 2024. The company reported -$0.22 earnings per share for the quarter, beating the consensus estimate of -$0.221 by $0.001.
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 -0.19.
How many shares outstanding does Pacific Biosciences have?
Pacific Biosciences has 273,863,560 shares outstanding.
What happened to Pacific Biosciences’s price movement after its last earnings report?
Pacific Biosciences reported an EPS of -$0.22 in its last earnings report, beating expectations of -$0.221. Following the earnings report the stock price went down -6.122%.
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 57M.
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Pacific Biosciences Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$3.06 (91.25% Upside)
$3.06 (91.25% Upside)
Blogger Sentiment
Neutral
PACB Sentiment 50%
Sector Average 71%
Sector Average 71%
Hedge Fund Trend
Increased
By 926.9K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Positive
Last 7 Days ▼ 0.2%
Last 30 Days ▲ 3.9%
Last 30 Days ▲ 3.9%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-75.07%
12-Months-Change
Fundamentals
Return on Equity
-64.80%
Trailing 12-Months
Asset Growth
-23.62%
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
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Neutral
The earnings call presented both positive and negative aspects. While new product launches and strategic financial maneuvers signal future growth potential, current revenue declines and challenging market conditions present immediate concerns.Read More>---
PACB Stock 12 Month Forecast
Average Price Target
$3.06
▲(91.25% Upside)
Technical Analysis
Best Analysts Covering PACB
1 Year
1 Year Success Rate
7/18 ratings generated profit
1 Year Average Return
+17.88%
reiterated a buy rating 2 months ago
Copying Kyle Mikson CFA's trades and holding each position for 1 Year would result in 38.89% of your transactions generating a profit, with an average return of +17.88% per trade.
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