Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
After finishing at $23.50 in the prior trading day, Perrigo Company plc (NYSE: PRGO) closed at $23.86, up 1.53%. In other words, the price has increased by $1.53 from its previous closing price. On the day, 0.91 million shares were traded. PRGO stock price reached its highest trading level at $23.91 during the session, while it also had its lowest trading level at $23.19.
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 2.22 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 21.46. For the most recent quarter (mrq), Quick Ratio is recorded 1.77 and its Current Ratio is at 2.56. In the meantime, Its Debt-to-Equity ratio is 1.08 whereas as Long-Term Debt/Eq ratio is at 0.98.
On January 06, 2025, Piper Sandler Downgraded its rating to Neutral which previously was Overweight and also lowered its target price recommendation from $34 to $27.
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 Dec 09 ’24 when KINDLER JEFFREY B sold 17,598 shares for $28.27 per share. The transaction valued at 497,495 led to the insider holds 5,409 shares of the business.
KINDLER JEFFREY B bought 17,598 shares of PRGO for $497,426 on Dec 09 ’24. On Sep 13 ’24, another insider, Doyle Katherine C., who serves as the Director of the company, sold 8,954 shares for $27.30 each. As a result, the insider received 244,444 and left with 6,009 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 3255172096 and an Enterprise Value of 6781367296. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.74 while its Price-to-Book (P/B) ratio in mrq is 0.71. Its current Enterprise Value per Revenue stands at 1.544 whereas that against EBITDA is 11.858.
Stock Price History:
The Beta on a monthly basis for PRGO is 0.54, which has changed by -0.2789362 over the last 52 weeks, in comparison to a change of 0.22677135 over the same period for the S&P500. Over the past 52 weeks, PRGO has reached a high of $33.96, while it has fallen to a 52-week low of $23.14. The 50-Day Moving Average of the stock is -10.06%, while the 200-Day Moving Average is calculated to be -13.38%.
Shares Statistics:
The stock has traded on average 1.52M shares per day over the past 3-months and 1477810 shares per day over the last 10 days, according to various share statistics. A total of 136.50M shares are outstanding, with a floating share count of 135.89M. Insiders hold about 0.40% of the company’s shares, while institutions hold 97.75% stake in the company. Shares short for PRGO as of 1735603200 were 4497600 with a Short Ratio of 2.96, compared to 1732838400 on 4024456. Therefore, it implies a Short% of Shares Outstanding of 4497600 and a Short% of Float of 3.7100002.
Dividends & Splits
In the trailing 12 months, PRGO’s forward annual dividend rate was 1.101, compared to 1.10 this year. Against a Trailing Annual Dividend Yield of 0.04685106The stock’s 5-year Average Dividend Yield is 2.74.
