Perrigo Company (NYSE:PRGO) shares traded -0.35% down during most recent session to reach at the closing price of $62.62. The stock exchanged hands 1.89 Million shares versus average trading capacity of 1.45 Million shares, yielding a market cap of $8.76 Billion. Wall Street analysts covering the stock are projecting that the stock will reach $74.67 within the next 52-weeks. The mean target projections are based on 12 opinions.
Taking a broader look brokerage firms’ analysts on the street with an expectant view have Perrigo Company (NYSE:PRGO) high price target of $107 and with a conservative view have low price target of $63.
Morgan Stanley “Maintained” Perrigo Company (NYSE:PRGO) in a research note issued to investors on 11/13/18 to Equal-Weight with price target of $67.
Additionally on 11/13/18 Berenberg “Downgrades” Perrigo Company (NYSE:PRGO) to Hold setting price target at $72 and on 8/21/18 Wells Fargo “Maintained” the stock to Market Perform at $77. Furthermore on 8/10/18 RBC Capital “Maintained” the stock to Sector Perform at $67.
On the other hand the company has Relative Strength Index (RSI 14) of 41.49 along with Average True Range (ATR 14) of 2.05, Consequently Perrigo Company (NYSE:PRGO)’s weekly and monthly volatility is 2.68%, 3.03% respectively. The company’s beta value is at 0.61.
In terms of Buy, Sell or Hold recommendations, Perrigo Company (NYSE:PRGO) has analysts’ mean recommendation of 2.8. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.
According to analysts Perrigo Company (NYSE:PRGO)’s minimum EPS for the current quarter is at $0.87 and can go high up to $1.06. The consensus mean EPS for the current quarter is at $1 derived from a total of 11 estimates from the analysts who have weighed in on projected earnings. However the company reported $1.28 earnings per share for the same quarter during last year.
Previously Perrigo Company (NYSE:PRGO) reported $1.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.01 by $0.08. The company posted an earnings surprise of 7.9%.
Perrigo Company (NYSE:PRGO)’s revenue estimates for the current quarter are $1.18 Billion according to 10 number of analysts, for the current quarter the company has high revenue estimates of $1.19 Billion in contradiction of low revenue estimates of $1.16 Billion. For the current year the company’s revenue estimates are $4.72 Billion compared to low analyst estimates of $4.69 Billion and high estimates of $4.73 Billion according to 12 number of analysts.
Currently Perrigo Company (NYSE:PRGO)’s shares owned by insiders are 0.1%, whereas shares owned by institutional owners are 91.1%. However the six-month change in the insider ownership was recorded 35.29%, as well as three-month change in the institutional ownership was recorded 5.32%.
Perrigo Company (NYSE:PRGO)’s trailing twelve month revenues are $4.82 Billion, whereas its price to sales ratio for the same period is 1.82. Its book value per share for the most recent quarter is $41.19 while its price to book ratio for the same period is 1.52, as for as the company’s cash per share for the most recent quarter is $3.19, however its price to cash per share ratio for the same period is 19.61. The stock has 5 year expected PEG ratio of 12.99 whereas its trailing twelve month P/E ratio is 64.96.