Perrigo Company plc [PRGO] stock is trading at $25.15, up 1.78%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The PRGO shares have gain 5.49% over the last week, with a monthly amount drifted -1.99%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Perrigo Company plc [NYSE: PRGO] stock has seen the most recent analyst activity on January 14, 2025, when Argus downgraded its rating to a Hold. Previously, Piper Sandler downgraded its rating to Neutral on January 06, 2025, and dropped its price target to $27. Piper Sandler started tracking the stock assigning a Overweight rating and suggested a price target of $37 on November 17, 2023. Canaccord Genuity initiated its recommendation with a Buy and recommended $49 as its price target on March 07, 2023. Argus upgraded its rating to Buy for this stock on September 14, 2022, but kept the price target unchanged to $46. In a note dated September 06, 2022, Wells Fargo upgraded an Overweight rating on this stock and boosted its target price from $48 to $54.
Perrigo Company plc [PRGO] stock has fluctuated between $23.14 and $33.51 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 $25.15 at the most recent close of the market. An investor can expect a potential return of 19.28% 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. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.04.
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 24.74 points at the first support level, and at 24.32 for the second support level. However, for the 1st resistance point, the stock is sitting at 25.52, and for the 2nd resistance point, it is at 25.89.
Ratios To Look Out For
For context, Perrigo Company plc’s Current Ratio is 2.56. Also, the Quick Ratio is 1.77, while the Cash Ratio stands at 1.01. Considering the valuation of this stock, the price to sales ratio is 0.78, the price to book ratio is 0.75.
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.
