How to Buy Pacific Biosciences Of California Stock
Pacific Biosciences Of California Inc
Pacific Biosciences of California, Inc. designs, develops, and manufactures sequencing systems to resolve genetically complex problems.
Pacific Biosciences Of California stock last closed at $1.60, up 8.84% from the previous day, and has decreased 85.85% in one year. It has underperformed other stocks in the Medical Devices industry by 0.7 percentage points. Pacific Biosciences Of California stock is currently +28% from its 52-week low of $1.25, and -89% from its 52-week high of $14.55.
At the moment, there are 267.95M PACB shares outstanding. The market capitalization of PACB is $428.72M. In the past 24 hours, 8.91M PACB shares were traded.
How to Buy Pacific Biosciences Of California Stock
Wondering how to invest in Pacific Biosciences Of California stock? Here's how.
- Choose where to buy Pacific Biosciences Of California stock: You need to pick an online brokerage, but don't worry - we've analyzed dozens of online brokerages and apps to help you decide where to buy Pacific Biosciences Of California stock.
- Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Deposit funds into your investment account: Choose your payment method and add your details.
- Analyze Pacific Biosciences Of California stock: The Pacific Biosciences Of California ticker symbol is PACB. Is Pacific Biosciences Of California stock a good investment? Should you buy shares of PACB? How do PACB's underlying business fundamentals look? Do top analysts think Pacific Biosciences Of California is a good buy? Why has PACB's stock price moved recently? (Hint: Our stock market research tools can help you figure out if PACB is a good stock to buy).
- Place your PACB purchase: Decide if you will purchase PACB shares at the current market price or use a limit order to purchase PACB stock at a given price.
- Keep an eye on your investment in PACB: Create a watchlist to track your position in Pacific Biosciences Of California stock.
Step 1: Choose where to buy Pacific Biosciences Of California stock
You need a brokerage account to access the NASDAQ market and buy PACB stock.
Our preferred brokerage: eToro
Based on our analysis, eToro is the best stock brokerage. eToro gives you:
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Open eToro AccountStep 2: Create a brokerage account
Now that you've picked the best brokerage, the next step is to fill out some personal details so you can invest in PACB stock today.
How to Open a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal info to start your new brokerage account.
- Send your data by hitting the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your investment account
Now that you've created your account on the greatest app to buy stocks, you can securely and quickly fund your account:
Check out this video walkthrough to see the process of depositing funds into your investment account.
Step 4: Analyze Pacific Biosciences Of California stock
After you have selected the best place to buy Pacific Biosciences Of California stock, it's critical to analyze their stock prior to investing, so you actually understand the risk and opportunity.
Pacific Biosciences Of California Metrics
Pacific Biosciences Of California Fundamentals
WallStreetZen was created to help everyday investors perform more in-depth fundamental analysis quickly.
You can view all of the due diligence checks on PACB's stock page.
Is PACB stock undervalued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge PACB's intrinsic value.
Using relative valuations methods:
- PACB could be undervalued based on its P/B ratio of 0.61x, relative to Medical Devices industry P/B ratio of 3.73x
You can do additional valuation research on PACB's stock here.
PACB Financial Health Summary
Positive Health Checks:
- PACB has cash burn of 268016000. It has sufficient cash and short-term investments to cover this for at least one year.
- There are more short-term assets than short-term liabilities on the PACB balance sheet.
- PACB has $631.72M in cash and short term investments. This is sufficient to cover its annual cash burn of $268.02M.
Negative Health Checks:
- There are more long-term liabilities than short-term assets on the PACB balance sheet.
- PACB has a relatively high debt to equity ratio of 1.49.
- PACB profit margin has gone up by 0.92 percentage points in the past year, but the company is still unprofitable.
- Total PACB debt is higher than 5 years ago, relative to shareholder equity.
Is it a good time to buy Pacific Biosciences Of California stock, according to Wall Street analysts?
Out of 10 Wall Street analysts who research PACB, the consensus analyst rating on PACB is a Buy
Please keep in mind that analyst forecasts are not recommendations, nor are they financial advice.
Most Recent PACB Analyst Ratings
John Sourbeer, a bottom 4% analyst from UBS maintains PACB with a strong buy rating and lowers their PACB price target from $12.50 to $12.00, on Feb 16, 2024.
Mason Carrico, a bottom 7% analyst from Stephens & Co. initiates coverage on PACB with a strong buy rating and announces their PACB price target of $11.00, on Dec 14, 2023.
David Westenberg, a top 14% analyst from Piper Sandler maintains PACB with a hold rating and lowers their PACB price target from $9.00 to $8.00, on Nov 6, 2023.
Kyle Mikson, a bottom 7% analyst from Canaccord Genuity maintains PACB with a strong buy rating and lowers their PACB price target from $17.00 to $15.00, on Oct 31, 2023.
Ross Osborn, a bottom 5% analyst from Cantor Fitzgerald upgrades PACB to a strong buy rating and lowers their PACB price target from $14.00 to $11.00, on Oct 31, 2023.
You can dive deeper into what analysts are projecting on the Pacific Biosciences Of California stock forecast page.
PACB Technical Indicators
PACB Performance Numbers
Last year, PACB revenue was $200.52M. During the last five year, PACB's revenue has grown by 20.59% per year. This was faster than the Medical Devices industry average of 13.19%.
Learn more about PACB's earnings and revenue performance here.
What are PACB insiders up to?
In the last year, executives and large shareholders at PACB have bought more shares than they have sold.
Kathy Ordonez, Director of PACB, was the latest PACB insider to buy. They bought $97,588.78 worth of PACB shares on Mar 15, 2024.
Research more about who owns PACB shares here.
Can I rely on PACB as an income stream?
No, Pacific Biosciences Of California doesn't provide an income stream by paying out dividends.
PACB Social Trading Data
One of the major reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to see what other traders have to say.
Step 5: Place your PACB purchase
There are two main order types:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are mostly the best for newer investors. - Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
If you want to be sure you're buying or selling at a particular dollar amount limit, use a limit order.
Hit the Open button and eToro will place the order.
If you require more help with investing in stocks on eToro, watch the how to video below:
Step 6: Keep an eye on your investment in PACB
Now that you own some PACB stock, you'll want to stay up-to-date on your investment.
Start a watchlist to keep tabs on your PACB stock.
PACB Feed
How to Buy Stock in Pacific Biosciences Of California
To summarize, here are the 6 steps to buy Pacific Biosciences Of California stock:
- Choose where to buy Pacific Biosciences Of California stock
- Create a brokerage account
- Deposit funds into your investment account
- Analyze Pacific Biosciences Of California stock
- Place your PACB purchase
- Keep an eye on your investment in PACB
If you require a brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you would like to keep track of your new investment in Pacific Biosciences Of California, add PACB to your watchlist below.
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