Perrigo Company plc [PRGO] stock is trading at $26.00, up 1.13%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The PRGO shares have gain 1.40% over the last week, with a monthly amount drifted -8.71%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Previously, Piper Sandler started tracking the stock with Overweight rating on November 17, 2023, and set its price target to $37. On March 07, 2023, Canaccord Genuity initiated with a Buy rating and assigned a price target of $49 on the stock. Argus upgraded its rating to a Buy but stick to its price target of $46 on September 14, 2022. Wells Fargo upgraded its rating to a Overweight and raised its price target to $54 on September 06, 2022. Raymond James upgraded its rating to Outperform for this stock on October 14, 2021, but kept the price target unchanged to $59. In a note dated September 30, 2021, Jefferies upgraded an Buy rating on this stock and boosted its target price from $45 to $63.
Perrigo Company plc [PRGO] stock has fluctuated between $23.89 and $34.60 over the past year. Currently, Wall Street analysts expect the stock to reach $30 within the next 12 months. Perrigo Company plc [NYSE: PRGO] shares were valued at $26.00 at the most recent close of the market. An investor can expect a potential return of 15.38% based on the average PRGO price forecast.
Analyzing the PRGO fundamentals
Perrigo Company plc [NYSE:PRGO] reported sales of 4.39B for the trailing twelve months, which represents a drop of -3.18%. 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 -0.04%. 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. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.04.
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 25.70 points at the first support level, and at 25.40 for the second support level. However, for the 1st resistance point, the stock is sitting at 26.36, and for the 2nd resistance point, it is at 26.71.
Ratios To Look Out For
For context, Perrigo Company plc’s Current Ratio is 2.56. As well, the Quick Ratio is 1.77, while the Cash Ratio is 1.01. Considering the valuation of this stock, the price to sales ratio is 0.81, the price to book ratio is 0.78.
Transactions by insiders
Recent insider trading involved KINDLER JEFFREY B, Director, that happened on Dec 09 ’24 when 17598.0 shares were sold. Director, KINDLER JEFFREY B completed a deal on Dec 09 ’24 to buy 17598.0 shares. Meanwhile, Director Doyle Katherine C. sold 8954.0 shares on Sep 13 ’24.
