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In the latest session, Perrigo Company plc (NYSE: PRGO) closed at $26.43 down -1.82% from its previous closing price of $26.92. In other words, the price has decreased by -$1.82 from its previous closing price. On the day, 1.04 million shares were traded. PRGO stock price reached its highest trading level at $26.9562 during the session, while it also had its lowest trading level at $26.36.
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 6.64 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 15.72. For the most recent quarter (mrq), Quick Ratio is recorded 1.24 and its Current Ratio is at 1.99. In the meantime, Its Debt-to-Equity ratio is 0.94 whereas as Long-Term Debt/Eq ratio is at 0.83.
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 Aug 07 ’24 when HANSON KYLE bought 1,890 shares for $28.40 per share.
Andersen Svend bought 1,000 shares of PRGO for $27,900 on May 28 ’24. The EVP & President CHCI now owns 101,853 shares after completing the transaction at $27.90 per share. On Mar 05 ’24, another insider, Ives Alison, who serves as the EVP & Chief Scientific Officer of the company, bought 2,490 shares for $27.26 each. As a result, the insider paid 67,877 and bolstered with 16,122 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 3672290048 and an Enterprise Value of 7324659712. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.81 while its Price-to-Book (P/B) ratio in mrq is 0.79. Its current Enterprise Value per Revenue stands at 1.654 whereas that against EBITDA is 13.44.
Stock Price History:
Over the past 52 weeks, PRGO has reached a high of $39.66, 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 -11.45%.
Shares Statistics:
For the past three months, PRGO has traded an average of 1.65M shares per day and 2019740 over the past ten days. A total of 136.41M shares are outstanding, with a floating share count of 135.80M. Insiders hold about 0.45% of the company’s shares, while institutions hold 99.13% stake in the company. Shares short for PRGO as of 1721001600 were 5937219 with a Short Ratio of 3.07, 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
According to the company, the forward annual dividend rate for PRGO is 1.10, from 1.098 in the trailing year. Against a Trailing Annual Dividend Yield of 0.04078752The stock’s 5-year Average Dividend Yield is 2.53.
