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Perrigo Company plc (PRGO) – Don’t Believe the Hype: Check The Facts

Perrigo Company plc (NYSE: PRGO) is 2.72% higher on its value in year-to-date trading and has touched a low of $23.14 and a high of $33.35 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The PRGO stock was last observed hovering at around $24.68 in the last trading session, with the day’s gains setting it 1.73%.

Currently trading at $26.41, the stock is 4.97% and -0.59% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.11 million and changing 7.01% at the moment leaves the stock -0.08% off its SMA200. PRGO registered -19.46% loss for a year compared to 6-month loss of 1.23%.

The stock witnessed a 1.42% gain in the last 1 month and extending the period to 3 months gives it a 5.22%, and is 2.68% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.19% over the week and 3.80% over the month.

Perrigo Company plc (PRGO) has around 8379 employees, a market worth around $3.60B and $4.37B in sales. Fwd P/E is 8.11. Profit margin for the company is -3.74%. Distance from 52-week low is 14.13% and -20.81% from its 52-week high. The company has generated returns on investments over the last 12 months (-2.03%).

The EPS is expected to grow by 17.29% this year

The shares outstanding are 136.50M, and float is at 135.84M with Short Float at 3.58%.

The top institutional shareholder in the company is VANGUARD GROUP INC with over 14.81 million shares valued at $380.32 million. The investor’s holdings represent 10.8024 of the PRGO Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 12.98 million shares valued at $333.35 million to account for 9.4681 of the shares outstanding. The other top investors are DIMENSIONAL FUND ADVISORS LP which holds 7.16 million shares representing 5.2244 and valued at over $183.94 million, while STATE STREET CORP holds 4.9851 of the shares totaling 6.83 million with a market value of $175.51 million.

Perrigo Company plc (PRGO) Insider Activity

The most recent transaction is an insider sale by Janish Ronald Craig, the company’s EVP, Gbl Ops & SC & CTO. SEC filings show that Janish Ronald Craig sold 7,800 shares of the company’s common stock on Mar 10 ’25 at a price of $27.44 per share for a total of $0.21 million. Following the sale, the insider now owns 33666.0 shares.

Still, SEC filings show that on Mar 03 ’25, Andersen Svend (Officer) Proposed Sale 27,000 shares at an average price of $29.53 for $0.8 million. The insider now directly holds shares of Perrigo Company plc (PRGO).

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