Perrigo Company plc (PRGO)
NYSE: PRGO · IEX Real-Time Price · USD
25.99
-0.26 (-0.99%)
At close: Jul 2, 2024, 4:00 PM
24.75
-1.24 (-4.77%)
After-hours: Jul 2, 2024, 7:40 PM EDT
Perrigo Company Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for Perrigo Company stock have an average target of 39.67, with a low estimate of 36 and a high estimate of 42. The average target predicts an increase of 52.64% from the current stock price of 25.99.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for PRGO stock from 3 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 3 | 3 | 3 | 2 | 2 | 2 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 4 | 3 | 3 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Piper Sandler | Piper Sandler | Buy Maintains $39 → $36 | Buy | Maintains | $39 → $36 | +38.51% | Jun 13, 2024 |
| Canaccord Genuity | Canaccord Genuity | Strong Buy Maintains $42 | Strong Buy | Maintains | $42 | +61.60% | Apr 12, 2024 |
| Piper Sandler | Piper Sandler | Buy Maintains $35 → $39 | Buy | Maintains | $35 → $39 | +50.06% | Apr 8, 2024 |
| JP Morgan | JP Morgan | Buy Maintains $48 → $41 | Buy | Maintains | $48 → $41 | +57.75% | Feb 28, 2024 |
| Piper Sandler | Piper Sandler | Buy Initiates $37 | Buy | Initiates | $37 | +42.36% | Nov 17, 2023 |
Financial Forecast
Revenue This Year
4.71B
from 4.66B
Increased by 1.21%
Revenue Next Year
4.93B
from 4.71B
Increased by 4.54%
EPS This Year
2.21
from -0.09
EPS Next Year
2.96
from 2.21
Increased by 33.76%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 4.9B | 5.1B | 5.3B | 5.5B | 5.6B |
| Avg | 4.7B | 4.9B | 5.1B | 5.3B | 5.5B |
| Low | 4.5B | 4.7B | 4.9B | 5.1B | 5.3B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 4.9% | 8.4% | 7.2% | 6.5% | 6.6% |
| Avg | 1.2% | 4.5% | 3.9% | 3.5% | 3.6% |
| Low | -3.3% | -0.2% | -0.3% | -0.6% | -0.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.74 | 3.41 | 3.76 |
| Avg | 2.21 | 2.96 | 3.38 |
| Low | 0.91 | 1.89 | 2.82 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 54.2% | 27.0% |
| Avg | - | 33.8% | 14.3% |
| Low | - | -14.5% | -4.7% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.