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After finishing at $30.71 in the prior trading day, Perrigo Company plc (NYSE: PRGO) closed at $30.80, up 0.29%. In other words, the price has increased by $0.29 from its previous closing price. On the day, 1.25 million shares were traded. PRGO stock price reached its highest trading level at $31.08 during the session, while it also had its lowest trading level at $30.57.
Ratios:
Our goal is to gain a better understanding of PRGO by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.38 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 14.94. 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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 05 ’24 when Ives Alison bought 2,490 shares for $27.26 per share. The transaction valued at 67,877 led to the insider holds 16,122 shares of the business.
Willis Robert bought 371 shares of PRGO for $9,757 on Mar 01 ’24. The EVP & CHRO now owns 25,476 shares after completing the transaction at $26.30 per share. On Feb 29 ’24, another insider, Lockwood-Taylor Patrick, who serves as the CEO of the company, bought 9,500 shares for $26.54 each. As a result, the insider paid 252,168 and bolstered with 20,500 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 4198656000 and an Enterprise Value of 7789469184. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.92 while its Price-to-Book (P/B) ratio in mrq is 0.90. Its current Enterprise Value per Revenue stands at 1.71 whereas that against EBITDA is 12.77.
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 $25.77. The 50-Day Moving Average of the stock is -0.13%, while the 200-Day Moving Average is calculated to be -3.56%.
Shares Statistics:
The stock has traded on average 1.99M shares per day over the past 3-months and 1584370 shares per day over the last 10 days, according to various share statistics. A total of 136.32M shares are outstanding, with a floating share count of 135.84M. Insiders hold about 0.35% of the company’s shares, while institutions hold 97.05% stake in the company. Shares short for PRGO as of 1714435200 were 3463883 with a Short Ratio of 1.74, compared to 1711584000 on 3860419. Therefore, it implies a Short% of Shares Outstanding of 3463883 and a Short% of Float of 2.86.
Dividends & Splits
In the trailing 12 months, PRGO’s forward annual dividend rate was 1.095, compared to 1.10 this year. Against a Trailing Annual Dividend Yield of 0.03565614The stock’s 5-year Average Dividend Yield is 2.41.
