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
* 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 '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Hold | 0 | 0 | 0 | 0 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 3 | 3 | 4 | 4 |
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 | Strong Buy → Hold Downgrades $50 → $30 | Strong Buy → 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 |
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%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| 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 | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 1.8% | 10.6% | 7.5% | ||
| Avg | -2.1% | 5.0% | 3.0% | ||
| Low | -6.6% | -1.2% | -4.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| 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 | 2024 | 2025 | 2026 |
|---|---|---|---|
| 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.