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In the latest session, Perrigo Company plc (NYSE: PRGO) closed at $25.72 up 1.10% from its previous closing price of $25.44. In other words, the price has increased by $1.10 from its previous closing price. On the day, 1.06 million shares were traded. PRGO stock price reached its highest trading level at $25.91 during the session, while it also had its lowest trading level at $25.5.
Ratios:
For a deeper understanding of Perrigo Company plc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.32 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 12.47. 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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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 3506150400 and an Enterprise Value of 7096961536. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.77 while its Price-to-Book (P/B) ratio in mrq is 0.75. Its current Enterprise Value per Revenue stands at 1.558 whereas that against EBITDA is 11.634.
Stock Price History:
The Beta on a monthly basis for PRGO is 0.51, which has changed by -0.22855431 over the last 52 weeks, in comparison to a change of 0.2553556 over the same period for the S&P500. 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 -10.00%, while the 200-Day Moving Average is calculated to be -15.00%.
Shares Statistics:
For the past three months, PRGO has traded an average of 1.52M shares per day and 1337810 over the past ten days. A total of 136.32M shares are outstanding, with a floating share count of 135.73M. Insiders hold about 0.43% of the company’s shares, while institutions hold 96.26% stake in the company. Shares short for PRGO as of 1718323200 were 5151564 with a Short Ratio of 3.40, compared to 1715731200 on 4201879. Therefore, it implies a Short% of Shares Outstanding of 5151564 and a Short% of Float of 4.2600001999999995.
Dividends & Splits
According to the company, the forward annual dividend rate for PRGO is 1.10, from 1.095 in the trailing year. Against a Trailing Annual Dividend Yield of 0.043042455The stock’s 5-year Average Dividend Yield is 2.49.
