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The closing price of Perrigo Company plc (NYSE: PRGO) was $26.90 for the day, down -2.11% from the previous closing price of $27.48. In other words, the price has decreased by -$2.11 from its previous closing price. On the day, 1.55 million shares were traded. PRGO stock price reached its highest trading level at $27.64 during the session, while it also had its lowest trading level at $26.5.
Ratios:
Our analysis of PRGO’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.57 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 13.05. 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 3667008000 and an Enterprise Value of 7336885248. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.80 while its Price-to-Book (P/B) ratio in mrq is 0.78. Its current Enterprise Value per Revenue stands at 1.61 whereas that against EBITDA is 12.028.
Stock Price History:
The Beta on a monthly basis for PRGO is 0.52, which has changed by -0.17650586 over the last 52 weeks, in comparison to a change of 0.23279357 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 -4.18%, while the 200-Day Moving Average is calculated to be -10.67%.
Shares Statistics:
PRGO traded an average of 1.55M shares per day over the past three months and 1483870 shares per day over the past ten 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 96.32% stake in the company. Shares short for PRGO as of 1719532800 were 5263266 with a Short Ratio of 3.40, compared to 1717113600 on 4108170. Therefore, it implies a Short% of Shares Outstanding of 5263266 and a Short% of Float of 4.35.
Dividends & Splits
With its trailing 12-month dividend rate of 1.095, PRGO has a forward annual dividend rate of 1.10. Against a Trailing Annual Dividend Yield of 0.03984716The stock’s 5-year Average Dividend Yield is 2.49.
