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The price of Perrigo Company plc (NYSE: PRGO) closed at $28.07 in the last session, up 0.47% from day before closing price of $27.94. In other words, the price has increased by $0.47 from its previous closing price. On the day, 1.36 million shares were traded. PRGO stock price reached its highest trading level at $28.395 during the session, while it also had its lowest trading level at $27.85.
Ratios:
We take a closer look at PRGO’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.81 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 13.61. For the most recent quarter (mrq), Quick Ratio is recorded 1.08 and its Current Ratio is at 1.81. In the meantime, Its Debt-to-Equity ratio is 0.91 whereas as Long-Term Debt/Eq ratio is at 0.81.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Piper Sandler on November 17, 2023, initiated with a Overweight rating and assigned the stock a target price of $37.
On March 07, 2023, Canaccord Genuity started tracking the stock assigning a Buy rating and target price of $49.
Argus Upgraded its Hold to Buy on September 14, 2022, while the target price for the stock was maintained at $46.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on May 28 ’24 when Andersen Svend bought 1,000 shares for $27.90 per share. The transaction valued at 27,900 led to the insider holds 101,853 shares of the business.
Ives Alison bought 2,490 shares of PRGO for $67,877 on Mar 05 ’24. The EVP & Chief Scientific Officer now owns 16,122 shares after completing the transaction at $27.26 per share. On Mar 01 ’24, another insider, Willis Robert, who serves as the EVP & CHRO of the company, bought 371 shares for $26.30 each. As a result, the insider paid 9,757 and bolstered with 25,476 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PRGO now has a Market Capitalization of 3826502400 and an Enterprise Value of 7417314304. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.84 while its Price-to-Book (P/B) ratio in mrq is 0.82. Its current Enterprise Value per Revenue stands at 1.628 whereas that against EBITDA is 12.16.
Stock Price History:
Over the past 52 weeks, PRGO has reached a high of $40.28, while it has fallen to a 52-week low of $24.82. The 50-Day Moving Average of the stock is 2.49%, while the 200-Day Moving Average is calculated to be -6.33%.
Shares Statistics:
According to the various share statistics, PRGO traded on average about 1.58M shares per day over the past 3-months and 1405620 shares per day over the past 10 days. A total of 136.32M shares are outstanding, with a floating share count of 135.71M. Insiders hold about 0.45% of the company’s shares, while institutions hold 98.80% stake in the company. Shares short for PRGO as of 1721001600 were 5937219 with a Short Ratio of 3.76, compared to 1718323200 on 5151564. Therefore, it implies a Short% of Shares Outstanding of 5937219 and a Short% of Float of 4.9000002.
Dividends & Splits
The forward annual dividend rate for PRGO is 1.10, which was 1.095 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.039191123The stock’s 5-year Average Dividend Yield is 2.49.
