Perrigo Company plc (PRGO)’s Market Momentum: Closing Strong at 24.37, Down -2.25

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As of close of business last night, Perrigo Company plc’s stock clocked out at $24.37, down -2.25% from its previous closing price of $24.93. In other words, the price has decreased by -$2.25 from its previous closing price. On the day, 1.23 million shares were traded. PRGO stock price reached its highest trading level at $24.98 during the session, while it also had its lowest trading level at $24.28.

Ratios:

To gain a deeper understanding of PRGO’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.12 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 14.50. 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.

On November 17, 2023, Piper Sandler started tracking the stock assigning a Overweight rating and target price of $37.

On March 07, 2023, Canaccord Genuity started tracking the stock assigning a Buy rating and target price of $49.Canaccord Genuity initiated its Buy rating on March 07, 2023, with a $49 target price.

Insider Transactions:

Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Sep 13 ’24 when Doyle Katherine C. sold 8,954 shares for $27.30 per share. The transaction valued at 244,444 led to the insider holds 6,009 shares of the business.

Doyle Katherine C. bought 8,954 shares of PRGO for $244,444 on Sep 13 ’24. On Aug 26 ’24, another insider, Janish Ronald Craig, who serves as the EVP, Gbl Ops & SC & CTO of the company, sold 13,000 shares for $29.40 each. As a result, the insider received 382,246 and left with 20,553 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 3324433920 and an Enterprise Value of 7043643904. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.75 while its Price-to-Book (P/B) ratio in mrq is 0.73. Its current Enterprise Value per Revenue stands at 1.591 whereas that against EBITDA is 12.924.

Stock Price History:

Over the past 52 weeks, PRGO has reached a high of $34.60, while it has fallen to a 52-week low of $24.48. The 50-Day Moving Average of the stock is -11.38%, while the 200-Day Moving Average is calculated to be -17.24%.

Shares Statistics:

It appears that PRGO traded 1.37M shares on average per day over the past three months and 1563890 shares per day over the past ten days. A total of 136.41M shares are outstanding, with a floating share count of 135.86M. Insiders hold about 0.41% of the company’s shares, while institutions hold 95.56% stake in the company. Shares short for PRGO as of 1726185600 were 4261935 with a Short Ratio of 3.11, compared to 1723680000 on 4368899. Therefore, it implies a Short% of Shares Outstanding of 4261935 and a Short% of Float of 3.52.

Dividends & Splits

With its trailing 12-month dividend rate of 1.098, PRGO has a forward annual dividend rate of 1.10. Against a Trailing Annual Dividend Yield of 0.04404332The stock’s 5-year Average Dividend Yield is 2.61.

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