The stock has a 36-month beta value of 0.55. Opinions on the stock are mixed, with 2 analysts rating it as a “buy,” 3 as “overweight,” 2 as “hold,” and 0 as “sell.”
The public float for PRGO is 135.89M, and at present, short sellers hold a 3.31% of that float. On January 15, 2025, the average trading volume of PRGO was 1.52M shares.
PRGO) stock’s latest price update
Perrigo Company plc (NYSE: PRGO)’s stock price has decreased by -3.41 compared to its previous closing price of 24.34. However, the company has seen a -7.15% decrease in its stock price over the last five trading sessions. prnewswire.com reported 2025-01-06 that Expanded Scientific Office Unifies Scientific-Focused Teams, Facilitating Seamless Collaboration Across Product Portfolio Lennox Most Recently Led Regulatory, Medical Affairs, Safety and Quality Teams, Plus Drove Product Innovation, at Bayer Consumer Health Previous Chief Scientific Officer, Alison Ives, to Lead Newly Formed Disruptive Growth Team DUBLIN, Jan. 6, 2025 /PRNewswire/ — Perrigo Company plc (NYSE: PRGO), a leading global provider of Consumer Self-Care Products, today announced the expansion of its Chief Scientific Office by uniting and integrating all global quality, pharmacovigilance, patient safety, regulatory affairs and innovation teams, enhancing organizational agility and scale. This expansion also further supports the Company’s consumer-led innovation pipeline.
PRGO’s Market Performance
Perrigo Company plc (PRGO) has seen a -7.15% fall in stock performance for the week, with a -13.85% decline in the past month and a -3.53% plunge in the past quarter. The volatility ratio for the week is 3.36%, and the volatility levels for the past 30 days are at 2.92% for PRGO. The simple moving average for the last 20 days is -7.96% for PRGO stock, with a simple moving average of -14.91% for the last 200 days.
Analysts’ Opinion of PRGO
Piper Sandler, on the other hand, stated in their research note that they expect to see PRGO reach a price target of $27, previously predicting the price at $34. The rating they have provided for PRGO stocks is “Neutral” according to the report published on January 06th, 2025.
Jefferies gave a rating of “Hold” to PRGO, setting the target price at $30 in the report published on September 24th of the previous year.
PRGO Trading at -11.67% from the 50-Day Moving Average
After a stumble in the market that brought PRGO to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -30.77% of loss for the given period.
Volatility was left at 2.92%, however, over the last 30 days, the volatility rate increased by 3.36%, as shares sank -14.79% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -7.55% lower at present.
During the last 5 trading sessions, PRGO fell by -7.15%, which changed the moving average for the period of 200-days by -25.27% in comparison to the 20-day moving average, which settled at $25.54. In addition, Perrigo Company plc saw -8.56% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at PRGO starting from KINDLER JEFFREY B, who sale 17,598 shares at the price of $28.27 back on Dec 09 ’24. After this action, KINDLER JEFFREY B now owns 5,409 shares of Perrigo Company plc, valued at $497,495 using the latest closing price.
KINDLER JEFFREY B, the Director of Perrigo Company plc, proposed sale 17,598 shares at $28.27 during a trade that took place back on Dec 09 ’24, which means that KINDLER JEFFREY B is holding shares at $497,426 based on the most recent closing price.
Stock Fundamentals for PRGO
Current profitability levels for the company are sitting at:
- 0.03 for the present operating margin
- 0.36 for the gross margin
The net margin for Perrigo Company plc stands at -0.04. The total capital return value is set at 0.02. Equity return is now at value -3.16, with -1.34 for asset returns.
Based on Perrigo Company plc (PRGO), the company’s capital structure generated 0.51 points at debt to capital in total, while cash flow to debt ratio is standing at 0.05. The debt to equity ratio resting at 1.04. The interest coverage ratio of the stock is 0.82.
Currently, EBITDA for the company is 525.0 million with net debt to EBITDA at 11.95. When we switch over and look at the enterprise to sales, we see a ratio of 1.48. The receivables turnover for the company is 5.59for trailing twelve months and the total asset turnover is 0.39. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.56.
Conclusion
To sum up, Perrigo Company plc (PRGO) has seen a bad performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
