pacbio market share
The gene-sequencing systems maker posted big top- and bottom-line declines in the second quarter. CAPS All Stars . Since then, PACB shares have increased by 1,081.7% and is now trading at $40.65. Net loss decreased 46% to $45.5M. 0.547k% over the past year. 4 Wall Street analysts have issued ratings and price targets for Pacific Biosciences of California in the last 12 months. Shares in Pacific Biosciences of California Inc are currently trading at Figure 3-2 Product Market Share, 2020 Figure 3-3: Product Market Share, 2025 5. PACB earnings call for the period ending December 31, 2019. Despite the market volatility, shares in Pacific Biosciences Of California Inc (NSQ:PACB) have been in an uptrend in recent months. Here are the trading details for Pacific Biosciences of California Inc: Based on an overall assessment of its quality, value and momentum, Pacific Biosciences of California Inc is currently classified as a High Flyer. An important predictor of whether a stock price will go up is its track record of momentum. Its Single Molecule, Real-Time (SMRT) technology enables single molecule, real-time detection of biological processes. PacBio has been around since 2004, has a very small market share, and is innovative but also losing money. In 2015 Pacific Biosciences launched its new Sequel system based on SMRT technology. Trade investigations and a stumbling patent portfolio have investors growing anxious about the pending acquisition by Illumina. We were not able to find PE ratio data for Pacific Biosciences of California Inc. Pacific Biosciences of California Inc's management team is headed by: Here are the top five shareholders of Pacific Biosciences of California Inc based on the size of their shareholding: © Stockopedia 2021, Refinitiv, Share Data Services. The gene sequencing company plans to tap investors for more cash. PACB earnings call for the period ending September 30, 2020. Market Cap: $7B: Company Rating. Going it alone might be a better bet for the company and investors. Industry, sector and description for Pacific Biosciences of California. At the current price of $37.42, shares in Pacific Biosciences of California Inc are trading at 0.250k% against their 200 day moving average. And buying a small stake in either company could actually pay off for patient investors. Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. At the current price of $38.59, shares in Pacific Biosciences of California Inc are trading at 0.295k% against their 200 day moving average. Illumina's offer of $8 per share represented a 71% premium over PacBio's 30-trading-day volume-weighted average share price as of the market close on Oct. 31, 2018. The DNA sequencing leader announced upgrades to some of its core offerings. What our community thinks about Pacific Biosciences of California. Why Pacific Biosciences of California Hit a Speed Bump With Its Q3 Results, Pacific Biosciences of California (PACB) Q3 2020 Earnings Call Transcript, Why Pacific Biosciences of California Stock Jumped Today, Why Pacific Biosciences of California Shares Are Soaring Today. Once you have opened your account and transferred funds into it, you'll be able to search and select shares to buy and sell. Pacific Biosciences of California's stock was trading at $3.44 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. 22/01/21, shares in Stock are classified on the the following spectrum: Super Stocks, High Flyers, Contrarians, Turnarounds, Neutral, Value Traps, Momentum Traps, Falling Stars, and Sucker Stocks. You can use Stockopedia’s share research software to help you find the the kinds of shares that suit your investment strategy and objectives. Despite economic uncertainty and market volatility, shares in Pacific Biosciences Of California Inc (NSQ:PACB) have been in an uptrend in recent months. Shares in Pacific Biosciences of California Inc are currently trading at $37.42, giving the company a market capitalisation of £5.09bn. Their average twelve-month price target is $16.00, predicting that the stock has a possible downside of 38.32%. The overall consensus recommendation for Pacific Biosciences of California Inc is Hold. DNA Sequencing Market Overview: The global DNA sequencing market was valued at $6,243 million in 2017, and is expected to reach $25,470 million in 2025, registering a CAGR of 19.0% from 2018 to 2025. Investors liked the pricing of the company's secondary stock offering. Illumina just proposed the nuclear option to earn regulatory approval for its merger and keep its biggest competitor at bay. PacBio estimates that 10 million human genetic sequences will be conducted annually by 2025 and that one day, the technology will become a routine part of healthcare. But what would be the consequences for both companies and on the market if the deal eventually goes through? Its SMRT technology enables the observation of deoxyribonucleic acid (DNA) synthesis as it occurs in real-time by harnessing the natural process of DNA replication, which is actuated by the DNA polymerase. This share price information is delayed by 15 minutes. Next Generation Sequencing (NGS) Market Outlook - 2026. Market … January 13, ... PacBio products are provided for Research Use Only. What's Behind Pacific Biosciences of California's Ugly Q2 Results? NEW YORK – Illumina and Pacific Biosciences announced Thursday after the close of the market that they have "mutually agreed" to terminate their merger agreement. The question now for investors is whether that price strength will continue. Investors are taking a cautious stance ahead of earnings next week and an ongoing trade spat with China. The deal, announced in November 2018, would have seen Illumina acquire PacBio for $8 per share — approximately $1.2 billion in cash. Despite the market volatility, shares in Pacific Biosciences Of California Inc (NSQ:PACB) have been in an uptrend in recent months. and the price has moved by At that level they are trading at 35.2% premium to the analyst consensus target price of 0.00. DNA sequencing is a highly concentrated industry and Illumina holds an approximately 80% share of the market globally and 90% in the UK. 1 Lower net lossreflects Other Sales, general and administrative decreaseof 8% to $49.6M (expense), Interest expense decrease of 86%to $267K (expense). The growth can be attributed to … You can read more about the power of momentum in assessing share price movements on Stockopedia. The DNA sequencing leader moved forward in its quest to acquire Pacific Biosciences -- and Wall Street approved. According to the CMA, Illumina holds around 80% of the global market share in this area, and 90% in the UK. 0.656k% over the past 365 days. Its phospholinked nucleotides have a fluorescent dye attached to the phosphate chain of the nucleotide rather than to the base. market position, the CMA also took into account, within the context of the dynamic nature of the market, the evidence that PacBio’s current share of supply does not accurately reflect its competitive significance following the launch of its Sequel II instrument in April 2019. CAPS Rating . What our community thinks about Pacific Biosciences of California, The single most important factor in a company's success is the team that's leading the company. Investors are enthusiastic about an analyst's upgrade of the stock. The question now for investors is whether that price strength will continue. 1305 O'brien Drive, MENLO PARK, 94025, United States, BUZZ-Pacific Biosciences: Rises on gene sequencing deal with Invitae Corp, Pacific Biosciences and Invitae to Develop Ultra-High-Throughput Clinical Whole Genome Sequencing Platform, Pacific Biosciences Grants Equity Incentive Awards to New Employees, BRIEF-Pacific Biosciences Of California Inc Announces Preliminary Fourth Quarter 2020 Revenue, Pacific Biosciences of California, Inc. 25 Underperform. Global Third-Generation Sequencing Market Size, Status and Forecast 2020-2026. 1.5.1 Global Third-Generation Sequencing Market Share by Application: 2020 VS 2026 1.5.2 Oncology 1.5.3 Hereditary Disease Detection 1.5.4 Life Science 1.6 Study Objectives 1.7 Years Considered 2 Global Growth Trends by Regions 2.1 Third-Generation Sequencing Market Perspective (2015-2026) 2.2 Third-Generation Sequencing Growth Trends by Regions Market Cap $7.22B; Shares Outstanding 187.22M; Public Float 174.79M; Beta 1.07; Rev. Finding stocks with the p... Pacific Biosciences of California, Inc. designs, develops and manufactures sequencing systems to help scientists resolve genetically complex problems. You can read more about the power of momentum in assessing share price movements on Stockopedia. Share to Facebook; Share to Twitter ... PacBio's spending is about in line with what was expected--it's making a very expensive bet on its technology. If PacBio can build the business such that it secures $250 million in revenue in 2023 and $500 million in 2027, I believe the standalone value is in the range of $6 to $7 per share. $37.42 Stock analysis for Pacific Biosciences of California Inc (PACB:NASDAQ GS) including stock price, stock chart, company news, key statistics, fundamentals and company profile. : For the nine months ended 30 September 2020, PacificBiosciences of California Inc revenues decreased 18% to$51.8M. Look At These 2 Companies First, Here's Why Pacific Biosciences Gained as Much as 10.5% Today, Why Pacific Biosciences of California Stock Is Sinking Today, Here's Why Pacific Biosciences Is Tumbling Today, Why Pacific Biosciences of California Stock Is Skyrocketing Today, Why Pacific Biosciences Fell By 10.6% Earlier Today, Here's Why Pacific Biosciences Tumbled 10% Today, Here's Why Pacific Biosciences of California, Inc. Rose 40.3% in June, Copyright, Trademark and Patent Information. Shares in Pacific Biosciences of California Inc are currently priced at $37.42. Over the past six months, the relative strength of its shares against the market has been 0.775k%. Pacific Biosciences of California (PACB) Q2 2020 Earnings Call Transcript, Pacific Biosciences of California Inc (PACB) Q1 2020 Earnings Call Transcript, Pacific Biosciences of California Inc (PACB) Q4 2019 Earnings Call Transcript, Hereâs Why Illumina Shares Barely Budged When It Gave Up On Its Takeover to The Tune Of $98 Million, About to Buy Penny Stocks? The Company is engaged in the development, manufacturing and marketing of an integrated platform for genetic analysis. In terms of relative price strength - which takes into account the overall market trend - the Pacific Biosciences of California Inc price has moved by Announces Preliminary Fourth Quarter 2020 Revenue. The Competition and Markets Authority (CMA) has been investigating the proposed $1.2 billion merger of Illumina, Inc. (Illumina) and Pacific Biosciences of California, Inc (PacBio… Of the analysts with advisory recommendations for Pacific Biosciences of California Inc, there are there are currently 0 "buy" , 3 "hold" and 0 "sell" recommendations. The firm lost $102 million in 2018 and $92 million … The question now for investors is whether that price strength will continue. £5.09bn. The PacBio RS II System includes the PacBio RS II instrument, consumables and software. DNA sequencing giant Illumina dropped a deal that would have brought it complementary technology. per Employee $224.98K; P/E Ratio N/A; EPS-$0.28; Yield N/A; Dividend N/A; Ex … The classification is based on a composite score that examines a wide range of fundamental and technical measures. 78 Outperform. Analysts covering Pacific Biosciences of California Inc currently have a consensus Earnings Per Share (EPS) forecast of 0.054 for the next financial year. The report presents an in-depth assessment of the Third-Generation Sequencing Market including enabling technologies, key trends, market drivers, challenges, standardization, regulatory landscape, deployment models, operator case studies, opportunities, future roadmap, value chain, ecosystem player profiles … Super Stocks, High Flyers, Contrarians, Turnarounds, Neutral, Value Traps, Momentum Traps, Falling Stars, and Sucker Stocks. Turnarounds, Neutral, Value Traps, Falling Stars, and is now trading at $ 37.42, giving company! Is engaged in the UK analyst 's upgrade of the stock has a very market! Stock price will go up is its track record of momentum in assessing share information! 3-3: Product market share, 2020 figure 3-3: Product market share, 2025 5 enables Single Molecule Real-Time... Illumina dropped a deal that would have given it an almost 100 per cent market share, 2025 5 more. 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