Perrigo Company Stock Target Price and Analyst Consensus

PRGO Stock  USD 30.49  0.43  1.43%   
The current analyst and expert consensus on Perrigo Company is Strong Buy, with 2 strong buy opinions. The current projected Perrigo Company target price consensus is 49.00 with 5 analyst opinions. The most common way Perrigo Company analysts use to provide recommendation to the public is financial statements analysis. Many experts also interview Perrigo Company executives and customers to further validate their buy or sell advice. Note, the total number of analysts currently providing their opinion is not significant to determine adequate consensus on Perrigo Company. We strongly encourage you to use your own analysis of Perrigo Company to validate this buy or sell advice. Perrigo Company buy-or-sell recommendation module provides average expert sentiment on the projected Perrigo Company target price to derive its highest and lowest estimates based on its projected price volatility. Check out Macroaxis Advice on Perrigo Company to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
Lowest Forecast
44.59
Highest Forecast
54.39
Target Price
49
As of the 25th of April 2024, Operating Profit Margin is likely to grow to 0.06, while Gross Profit is likely to drop about 921.9 M. At this time, Perrigo Company's Total Liabilities is very stable compared to the past year. As of the 25th of April 2024, Short Term Debt is likely to grow to about 462.6 M, while Total Assets are likely to drop about 5.7 B.
  
It's important to approach Perrigo Company's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Perrigo Company price targets

Perrigo Company's stock target price is an estimate of its future price, usually made by analysts. Using Perrigo Company's target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Perrigo Company's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Perrigo Company's stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Perrigo Company Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Perrigo Company is a key component of Perrigo Company valuation and have some predictive power on the future returns of a Perrigo Company.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Perrigo Company's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
27.8330.4633.09
Details
Intrinsic
Valuation
LowRealHigh
27.4437.8240.45
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.230.230.23
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Perrigo Company. Your research has to be compared to or analyzed against Perrigo Company's peers to derive any actionable benefits. When done correctly, Perrigo Company's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Perrigo Company.

Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
Hedge Favorites Idea
Hedge Favorites
Invested over 100 shares
Driverless Cars Idea
Driverless Cars
Invested over 60 shares
Business Services Idea
Business Services
Invested few shares
When determining whether Perrigo Company offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Perrigo Company's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Perrigo Company Plc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Perrigo Company Plc Stock:
Check out Macroaxis Advice on Perrigo Company to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
Note that the Perrigo Company information on this page should be used as a complementary analysis to other Perrigo Company's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.

Complementary Tools for Perrigo Stock analysis

When running Perrigo Company's price analysis, check to measure Perrigo Company's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Perrigo Company is operating at the current time. Most of Perrigo Company's value examination focuses on studying past and present price action to predict the probability of Perrigo Company's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Perrigo Company's price. Additionally, you may evaluate how the addition of Perrigo Company to your portfolios can decrease your overall portfolio volatility.
Headlines Timeline
Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity
Price Exposure Probability
Analyze equity upside and downside potential for a given time horizon across multiple markets
USA ETFs
Find actively traded Exchange Traded Funds (ETF) in USA
Sign In To Macroaxis
Sign in to explore Macroaxis' wealth optimization platform and fintech modules
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
Funds Screener
Find actively-traded funds from around the world traded on over 30 global exchanges
Latest Portfolios
Quick portfolio dashboard that showcases your latest portfolios
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
Commodity Directory
Find actively traded commodities issued by global exchanges
The data published in Perrigo Company's official financial statements usually reflect Perrigo Company's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Perrigo Company. For example, before you start analyzing numbers published by Perrigo accountants, it's critical to develop an understanding of what Perrigo Company's liquidity, profitability, and earnings quality are in the context of the Pharmaceuticals space in which it operates.
Please note, the presentation of Perrigo Company's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Perrigo Company's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Perrigo Company's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Perrigo Company PLC. Please utilize our Beneish M Score to check the likelihood of Perrigo Company's management manipulating its earnings.