Perrigo Company plc [NYSE: PRGO] stock went on a downward path that fall over -11.31% on Wednesday, amounting to a one-week price decrease of less than -14.15%.
Over the last 12 months, PRGO stock dropped by -8.17%. The one-year Perrigo Company plc stock forecast points to a potential upside of 35.61. The average equity rating for PRGO stock is currently 2.00, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $3.25 billion, with 137.60 million shares outstanding and 136.82 million shares in the current float. Compared to the average trading volume of 1.16M shares, PRGO stock reached a trading volume of 8456326 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on Perrigo Company plc [PRGO]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for PRGO shares is $36.67 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on PRGO stock is a recommendation set at 2.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Argus have made an estimate for Perrigo Company plc shares, keeping their opinion on the stock as Hold, with their previous recommendation back on January 14, 2025. While these analysts kept the previous recommendation, Piper Sandler dropped their target price from $34 to $27. The new note on the price target was released on January 06, 2025, representing the official price target for Perrigo Company plc stock. Previously, the target price had yet another drop from $50 to $30, while Jefferies kept a Hold rating on PRGO stock.
The Price to Book ratio for the last quarter was 0.73, with the Price to Cash per share for the same quarter was set at 3.30. Price to Free Cash Flow for PRGO in the course of the last twelve months was 17.92 with Quick ratio for the last quarter at 1.24.
PRGO Stock Performance Analysis:
Perrigo Company plc [PRGO] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -14.15. With this latest performance, PRGO shares dropped by -13.01% in over the last four-week period, additionally sinking by -5.90% over the last 6 months – not to mention a drop of -8.17% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for PRGO stock in for the last two-week period is set at 23.49, with the RSI for the last a single of trading hit 1.16, and the three-weeks RSI is set at 0.86 for Perrigo Company plc [PRGO]. The present Moving Average for the last 50 days of trading for this stock 26.94, while it was recorded at 26.10 for the last single week of trading, and 26.37 for the last 200 days.
Insight into Perrigo Company plc Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and Perrigo Company plc [PRGO] shares currently have an operating margin of 8.81% and a Gross Margin at 41.32%. Perrigo Company plc’s Net Margin is presently recorded at -4.03%.
Perrigo Company plc (PRGO) Capital Structure & Debt Analysis
According to recent financial data for Perrigo Company plc. ( PRGO), the Return on Equity (ROE) stands at -1.32%, reflecting a slight decline for investors. The Return on Assets (ROA) is -0.58%, reflecting the company’s efficiency in generating profits from its assets. Additionally, Perrigo Company plc’s Return on Invested Capital (ROIC) is -2.15%, showcasing its effectiveness in deploying capital for earnings.
Perrigo Company plc (PRGO) Efficiency & Liquidity Metrics
Based on Perrigo Company plc’s (PRGO) latest financial statements, the Debt-to-Equity Ratio is 0.82%, indicating its reliance on debt financing relative to shareholder equity.
Perrigo Company plc (PRGO) Efficiency & Liquidity Metrics
From an operational efficiency perspective, Perrigo Company plc. (PRGO) effectively leverages its workforce, generating an average of -$20790.07 per employee. The company’s liquidity position is robust, with a Current Ratio of 2.32% and a Quick Ratio of 1.24%, indicating strong ability to cover short-term liabilities.
PRGO Stock EPS
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for PRGO. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Perrigo Company plc go to 10.39%.
Perrigo Company plc [PRGO] Institutonal Ownership Details
There are presently around $105.30%, or 105.72%% of PRGO stock, in the hands of institutional investors. The top three institutional holders of PRGO stocks are: VANGUARD GROUP INC with ownership of 14.81 million shares, which is approximately 10.8024%. BLACKROCK INC., holding 12.98 million shares of the stock with an approximate value of $$333.35 million in PRGO stocks shares; and BLACKROCK INC., currently with $$183.94 million in PRGO stock with ownership which is approximately 5.2244%.
