Head-To-Head Comparison: Skye Bioscience (NASDAQ:SKYE) and Pacira BioSciences (NASDAQ:PCRX)

Pacira BioSciences (NASDAQ:PCRX) and Skye Bioscience (NASDAQ:SKYE) are both small-cap medical companies, but which is the better stock? We will contrast the two businesses based on the strength of their profitability, earnings, analyst recommendations, dividends, institutional ownership, valuation and risk.

Valuation and Earnings

This table compares Pacira BioSciences and Skye Bioscience”s revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Pacira BioSciences	$674.98 million	1.14	$41.96 million	($2.03)	-8.18
Skye Bioscience	N/A	N/A	-$37.65 million	N/A	N/A

Pacira BioSciences has higher revenue and earnings than Skye Bioscience.

Volatility and Risk

Pacira BioSciences has a beta of 0.82, meaning that its share price is 18% less volatile than the S&P 500. Comparatively, Skye Bioscience has a beta of 1.74, meaning that its share price is 74% more volatile than the S&P 500.

Analyst Recommendations

This is a breakdown of current ratings for Pacira BioSciences and Skye Bioscience, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Pacira BioSciences	2	4	4	0	2.20
Skye Bioscience	0	0	6	0	3.00

Pacira BioSciences presently has a consensus target price of $23.50, indicating a potential upside of 41.57%. Skye Bioscience has a consensus target price of $18.67, indicating a potential upside of 277.10%. Given Skye Bioscience’s stronger consensus rating and higher probable upside, analysts plainly believe Skye Bioscience is more favorable than Pacira BioSciences.

Institutional & Insider Ownership

99.7% of Pacira BioSciences shares are owned by institutional investors. Comparatively, 21.1% of Skye Bioscience shares are owned by institutional investors. 6.4% of Pacira BioSciences shares are owned by company insiders. Comparatively, 3.0% of Skye Bioscience shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.

Profitability

This table compares Pacira BioSciences and Skye Bioscience’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Pacira BioSciences	-13.07%	13.42%	7.19%
Skye Bioscience	N/A	-45.78%	-37.44%

Summary

Pacira BioSciences beats Skye Bioscience on 6 of the 11 factors compared between the two stocks.

About Pacira BioSciences

Pacira BioSciences, Inc. engages in the development, manufacture, marketing, distribution, and sale of non-opioid pain management and regenerative health solutions to healthcare practitioners in the United States. The company offers EXPAREL, a bupivacaine liposome injectable suspension; ZILRETTA, a triamcinolone acetonide extended-release injectable suspension; and iovera system, a non-opioid handheld cryoanalgesia device used to produce controlled doses of cold temperature to targeted nerves. It has a development and commercialization, and supply agreement with Aratana Therapeutics, Inc. for NOCITA, a bupivacaine liposome injectable suspension product. The company was formerly known as Pacira Pharmaceuticals, Inc. and changed its name to Pacira BioSciences, Inc. in April 2019. Pacira BioSciences, Inc. was incorporated in 2006 and is headquartered in Tampa, Florida.

About Skye Bioscience

Skye Bioscience, Inc., a clinical stage pharmaceutical company, discovers, develops, and commercializes cannabinoid-based molecules for the treatment of infectious diseases. The company's lead product candidate is SBI-100 used in the treatment of glaucoma and ocular hypertension. It is also developing SBI-200 to treat and manage various eye diseases, including uveitis, dry eye syndrome, macular degeneration and diabetic retinopathy. It has license agreement with university of Mississippi. The company was formerly known as Emerald Bioscience, Inc. and changed its name to Skye Bioscience, Inc. in January 2021. The company is headquartered in San Diego, California.