At the time of writing, Perrigo Company plc [PRGO] stock is trading at $27.81, up 0.72%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The PRGO shares have gain 3.77% over the last week, with a monthly amount glided 0.22%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Perrigo Company plc [NYSE: PRGO] stock has seen the most recent analyst activity on November 17, 2023, when Piper Sandler initiated its Overweight rating and assigned the stock a price target of $37. Previously, Canaccord Genuity started tracking the stock with Buy rating on March 07, 2023, and set its price target to $49. On September 14, 2022, upgrade upgraded it’s rating to Buy but maintained its price target of $46 on the stock. Wells Fargo upgraded its rating to a Overweight and increased its price target to $54 on September 06, 2022. Raymond James upgraded its rating to a Outperform but $59 remained the price target by the analyst firm on October 14, 2021. Jefferies upgraded its rating to Buy for this stock on September 30, 2021, and upped its price target to $63.
For the past year, the stock price of Perrigo Company plc fluctuated between $24.82 and $38.22. Currently, Wall Street analysts expect the stock to reach $46 within the next 12 months. Perrigo Company plc [NYSE: PRGO] shares were valued at $27.81 at the most recent close of the market. An investor can expect a potential return of 65.41% based on the average PRGO price forecast.
Analyzing the PRGO fundamentals
According to Perrigo Company plc [NYSE:PRGO], the company’s sales were 4.43B for trailing twelve months, which represents an -10.68% plunge. Gross Profit Margin for this corporation currently stands at 0.36% with Operating Profit Margin at 0.03%, Pretax Profit Margin comes in at -0.05%, and Net Profit Margin reading is -0.03%. To continue investigating profitability, this company’s Return on Assets is posted at -0.01, Equity is -0.03 and Total Capital is 0.02. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.9.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 27.35 points at the first support level, and at 26.89 for the second support level. However, for the 1st resistance point, the stock is sitting at 28.22, and for the 2nd resistance point, it is at 28.64.
Ratios To Look Out For
It is important to note that Perrigo Company plc [NYSE:PRGO] has a current ratio of 1.99. In addition, the Quick Ratio stands at 1.24 and the Cash Ratio stands at 0.36. Considering the valuation of this stock, the price to sales ratio is 0.86, the price to book ratio is 0.83.
Transactions by insiders
Recent insider trading involved Andersen Svend, Officer, that happened on Aug 20 ’24 when 20500.0 shares were purchased. Officer, HANSON KYLE completed a deal on Aug 07 ’24 to buy 1890.0 shares. Meanwhile, EVP & President CHCI Andersen Svend bought 1000.0 shares on May 28 ’24.
