Perrigo Company plc (PRGO)
NYSE: PRGO · Real-Time Price · USD
26.38
+0.61 (2.37%)
Oct 29, 2024, 4:00 PM EDT - Market closed

Perrigo Company Stock Forecast

Stock Price Forecast

The 4 analysts with 12-month price forecasts for Perrigo Company stock have an average target of 37, with a low estimate of 30 and a high estimate of 42. The average target predicts an increase of 40.26% from the current stock price of 26.38.

Analyst Consensus: Buy
Target Low Average Median High
Price $30 $37 $41 $42
Change +13.72% +40.26% +55.42% +59.21%
* Price targets were last updated on Sep 30, 2024.

Analyst Ratings

The average analyst rating for PRGO stock from 4 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating May '24Jun '24Jul '24Aug '24Sep '24Oct '24
Strong Buy 111111
Buy 222222
Hold 000011
Sell 000000
Strong Sell 000000
Total 333344

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Canaccord Genuity
Canaccord Genuity
Strong Buy
Maintains
$42
Strong Buy Maintains $42 +59.21% Sep 30, 2024
Jefferies
Jefferies
Hold
Downgrades
$50$30
Hold Downgrades $50$30 +13.72% Sep 23, 2024
Piper Sandler
Piper Sandler
Buy
Maintains
$36$35
Buy Maintains $36$35 +32.68% Jul 11, 2024
Piper Sandler
Piper Sandler
Buy
Maintains
$39$36
Buy Maintains $39$36 +36.47% Jun 13, 2024
Canaccord Genuity
Canaccord Genuity
Strong Buy
Maintains
$42
Strong Buy Maintains $42 +59.21% Apr 12, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
4.56B
from 4.66B
Decreased by -2.12%
Revenue Next Year
4.79B
from 4.56B
Increased by 5.05%
EPS This Year
2.61
from -0.09
EPS Next Year
3.18
from 2.61
Increased by 21.56%
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
3.87B4.09B4.14B4.45B4.66B4.56B4.79B4.93B
Revenue Growth
-18.21%5.64%1.24%7.56%4.58%-2.12%5.05%2.97%
EPS
1.07-1.19-0.52-1.05-0.092.613.183.45
EPS Growth
12.39%-----21.56%8.72%
Forward PE
-----10.098.307.64
No. Analysts -----775
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 4.7B 5.0B 5.1B
Avg 4.6B 4.8B 4.9B
Low 4.4B 4.5B 4.6B

Revenue Growth

Revenue Growth 20242025202620272028
High
1.8%
10.6%
7.5%
Avg
-2.1%
5.0%
3.0%
Low
-6.6%
-1.2%
-4.0%

EPS Forecast

EPS 202420252026
High 2.72 3.52 3.65
Avg 2.61 3.18 3.45
Low 2.48 2.76 3.16

EPS Growth

EPS Growth 202420252026
High -
34.6%
15.0%
Avg -
21.6%
8.7%
Low -
5.7%
-0.7%
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.