Perrigo Company plc (PRGO)
NYSE: PRGO · IEX Real-Time Price · USD
31.76
+0.49 (1.57%)
Apr 26, 2024, 10:49 AM EDT - Market open
Perrigo Company Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for Perrigo Company stock have an average target of 40.67, with a low estimate of 39 and a high estimate of 42. The average target predicts an increase of 28.05% from the current stock price of 31.76.
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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 3 | 3 | 3 | 3 | 3 | 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 | 4 | 4 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Canaccord Genuity | Canaccord Genuity | Strong Buy Maintains $42 | Strong Buy | Maintains | $42 | +32.24% | Apr 12, 2024 |
| Piper Sandler | Piper Sandler | Buy Maintains $35 → $39 | Buy | Maintains | $35 → $39 | +22.80% | Apr 8, 2024 |
| JP Morgan | JP Morgan | Buy Maintains $48 → $41 | Buy | Maintains | $48 → $41 | +29.09% | Feb 28, 2024 |
| Piper Sandler | Piper Sandler | Buy Initiates $37 | Buy | Initiates | $37 | +16.50% | Nov 17, 2023 |
| JP Morgan | JP Morgan | Buy Maintains $45 → $48 | Buy | Maintains | $45 → $48 | +51.13% | Aug 9, 2023 |
Financial Forecast
Revenue This Year
4.75B
from 4.66B
Increased by 1.94%
Revenue Next Year
4.96B
from 4.75B
Increased by 4.57%
EPS This Year
2.39
from -0.09
EPS Next Year
2.99
from 2.39
Increased by 24.70%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 4.9B | 5.2B | 5.4B | 5.6B |
| Avg | 4.7B | 5.0B | 5.2B | 5.5B |
| Low | 4.5B | 4.7B | 4.9B | 5.2B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 5.3% | 9.6% | 8.3% | 9.0% |
| Avg | 1.9% | 4.6% | 3.8% | 5.9% |
| Low | -2.5% | -0.5% | -1.0% | 1.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 2.71 | 3.41 | 3.92 | 4.20 |
| Avg | 2.39 | 2.99 | 3.25 | 4.08 |
| Low | 1.46 | 1.74 | 2.33 | 3.92 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | - | 42.5% | 31.1% | 29.1% |
| Avg | - | 24.7% | 8.9% | 25.4% |
| Low | - | -27.2% | -21.9% | 20.5% |
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.