Taro Pharmaceutical Industries Ltd. (TARO)

Jun 24, 2024 - TAR was delisted (reason: acquired by Sun Pharma)
42.97
0.00 (0.00%)
Inactive · Last trade price on Jun 21, 2024
10.83%
Market Cap 1.62B
Revenue (ttm) 629.18M
Net Income (ttm) 53.87M
Shares Out 37.58M
EPS (ttm) 1.43
PE Ratio 30.05
Forward PE 9.81
Dividend n/a
Ex-Dividend Date n/a
Volume 242,109
Open 42.97
Previous Close 42.97
Day's Range 42.89 - 42.98
52-Week Range 32.67 - 45.76
Beta 0.56
Analysts Hold
Price Target 43.00 (+0.07%)
Earnings Date Jul 24, 2024

About TARO

Taro Pharmaceutical Industries Ltd., a science-based pharmaceutical company, develops, manufactures, and markets prescription and over-the-counter pharmaceutical products in the United States, Canada, Israel, and internationally. The company also develops and manufactures active pharmaceutical ingredients primarily for use in its finished dosage form products. It offers its products for various therapeutic categories comprising allergy, analgesic, antibacterial, antibiotic, anticonvulsant, antiemetic, antifungal, anti-inflammatory, anti-cancer,... [Read more]

Sector Healthcare
Founded 1959
Employees 1,554
Stock Exchange NYSE
Ticker Symbol TARO
Full Company Profile

Financial Performance

In 2023, TARO's revenue was $629.18 million, an increase of 9.81% compared to the previous year's $572.95 million. Earnings were $53.87 million, an increase of 111.70%.

Financial Statements

Analyst Forecast

According to one analyst, the rating for TARO stock is "Hold" and the 12-month stock price forecast is $43.0.

Price Target
$43.0
(0.07% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Investors Are Invited By The Schall Law Firm To Join A Securities Fraud Case Against Taro Pharmaceutical Industries Ltd.

LOS ANGELES, CA / ACCESSWIRE / September 17 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Taro Pharmaceutical Indust...

3 months ago - Accesswire

Taro Pharmaceutical Industries Ltd Is Being Sued For Securities Law Violations And The Schall Law Firm Urges Shareholder Participation

LOS ANGELES, CA / ACCESSWIRE / September 16, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Taro Pharmaceutical Indus...

3 months ago - Accesswire

Sun Pharma Completes Taro Merger

Combined entity is better positioned to compete in increasingly competitive generics industry MUMBAI, India and PRINCETON, N.J. , June 24, 2024 /PRNewswire/ -- Sun Pharmaceutical Industries Limited (R...

6 months ago - PRNewsWire

Taro Shareholders Approve Merger with Sun Pharma

MUMBAI, India and NEW YORK , May 23, 2024 /PRNewswire/ -- Sun Pharmaceutical Industries Limited (Reuters: SUN.BO, Bloomberg: SUNP IN, NSE: SUNPHARMA, BSE: 524715) (together with its subsidiaries and/o...

7 months ago - PRNewsWire

Taro Provides Results for Year Ended March 31, 2024

HAWTHORNE, N.Y.--(BUSINESS WIRE)--TARO PROVIDES RESULTS FOR YEAR ENDED MARCH 31, 2024.

7 months ago - Business Wire

Taro to Release Full Year Results on May 20, 2024

HAWTHORNE, N.Y.--(BUSINESS WIRE)--TARO TO RELEASE FULL YEAR RESULTS ON MAY 20, 2024.

7 months ago - Business Wire

Leading Independent Proxy Advisory Firms ISS and Glass Lewis Recommend Taro Shareholders Vote “FOR” Taro Sun Pharma Merger

NEW YORK--(BUSINESS WIRE)--Leading Independent Proxy Advisory Firms ISS and Glass Lewis Recommend Taro Shareholders Vote “FOR” Taro Sun Pharma Merger.

8 months ago - Business Wire

TARO PHARMACEUTICAL INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Taro Pharmaceutical Industries Ltd. - TARO

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Taro Pharmaceuti...

8 months ago - Business Wire

Taro Announces Extraordinary General Meeting and Ordinary Class Meeting of Shareholders for Approval of Merger with Sun Pharmaceutical Industries Ltd.

NEW YORK--(BUSINESS WIRE)--Taro Announces Extraordinary General Meeting and Ordinary Class Meeting of Shareholders for Approval of Merger with Sun Pharmaceutical Industries Ltd.

8 months ago - Business Wire

Krensavage Asset Management Remains Opposed to Sun's Predatory Bid for Taro

NEW YORK , Jan. 30, 2024 /PRNewswire/ -- Krensavage Asset Management today sent the following message to a special committee evaluating Sun Pharmaceutical Industries Ltd.'s bid for Taro Pharmaceutical...

11 months ago - PRNewsWire

Taro to Release Third Quarter Results on January 25, 2024

HAWTHORNE, N.Y.--(BUSINESS WIRE)--Taro to Release Third Quarter Results on January 25, 2024.

1 year ago - Business Wire

Taro Announces Merger Agreement with Sun Pharma

Agreed Price of US$43.00 per Share to Deliver 48% Premium to Unaffected Price on May 25, 2023 MUMBAI, India and NEW YORK , Jan. 17, 2024 /PRNewswire/ -- Sun Pharmaceutical Industries Limited (Reuters:...

1 year ago - PRNewsWire

Taro Pharmaceutical Industries Ltd. Is An Overlooked Opportunity

Taro Pharmaceutical Industries is a hidden treasure in the pharmaceutical industry, with a Strong Buy Quant Rating and positive financials. The company has been overshadowed by Teva Pharmaceutical Ind...

1 year ago - Seeking Alpha

Taro to Release Second Quarter Results on October 26, 2023

HAWTHORNE, N.Y.--(BUSINESS WIRE)--Taro to Release Second Quarter Results on October 26, 2023.

1 year ago - Business Wire

These Israeli pharmaceutical stocks are down in the wake of Hamas attack

Shares of Israeli pharmaceutical companies took a hit in premarket trades Monday after Hamas' attack on Israel.

Other symbols: CGENKMDAPLXTEVA
1 year ago - Market Watch

Taro Provides Results for the Quarter Ended June 30, 2023

HAWTHORNE, N.Y.--(BUSINESS WIRE)--TARO PROVIDES RESULTS FOR THE QUARTER ENDED JUNE 30, 2023.

1 year ago - Business Wire

Taro to Release First Quarter Results on July 26, 2023

HAWTHORNE, N.Y.--(BUSINESS WIRE)--TARO TO RELEASE FIRST QUARTER RESULTS ON JULY 26, 2023.

1 year ago - Business Wire

Krensavage Asset Management Opposes Sun's Lowball Bid for Taro

NEW YORK , July 19, 2023 /PRNewswire/ -- As the largest minority shareholder1 of Taro Pharmaceutical Industries Ltd. (NYSE: TARO), Krensavage Asset Management LLC opposes Sun Pharmaceutical Industries...

1 year ago - PRNewsWire

Taro Pharmaceutical: Potential Value In Sun Pharma Offer

Taro received a $38/share offer from Sun Pharma last month. The deal represents a decent premium to the firm's market value at the time and a 12% premium to my estimate of fair value. Further insights...

1 year ago - Seeking Alpha

Taro Provides Results for Year Ended March 31, 2023

HAWTHORNE, N.Y.--(BUSINESS WIRE)--Taro Pharmaceutical Industries Ltd. (NYSE: TARO) (“Taro” or the “Company”) today provided unaudited financial results for the quarter and year ended March 31, 2023. Q...

1 year ago - Business Wire

Taro to Release Full Year Results on May 23, 2023

HAWTHORNE, N.Y.--(BUSINESS WIRE)--Taro Pharmaceutical Industries Ltd. (NYSE: TARO) announced today that it plans to release its financial results for the year ended March 31, 2023, after the close of ...

1 year ago - Business Wire

Taro Pharmaceutical: Stagnating Growth At 1.6% Trailing Earnings Yield, Rate Hold

Taro Pharmaceutical's quarterly numbers came in with very thin growth at the operating and bottom-lines given the impact from settlement charges. Price erosion in its U.S. generics business continues ...

1 year ago - Seeking Alpha

Francisco Garcia Parames' Cobas Funds 4th-Quater Letter

Dear Investor:

Other symbols: ETFMSOGNTEVAVTRS
1 year ago - GuruFocus

Taro Provides Results for December 31, 2022

HAWTHORNE, N.Y.--(BUSINESS WIRE)--Taro Pharmaceutical Industries Ltd. (NYSE: TARO) (“Taro” or the “Company”) today provided unaudited financial results for the quarter and nine months ended December...

2 years ago - Business Wire

Taro to Release Third Quarter Results on January 24, 2023

HAWTHORNE, N.Y.--(BUSINESS WIRE)--Taro Pharmaceutical Industries Ltd. (NYSE: TARO) announced today that it plans to release its financial results for the third quarter ended December 31, 2022, after...

2 years ago - Business Wire