Perrigo Co Plc (NYSE: PRGO) has reported E.P.S. of $0.11 for its third fiscal quarter (ending September 30) versus $-0.39 for the same period a year ago. This performance was $-0.50 short of the consensus estimate of $0.62. E.P.S. were $0.08 for the latest four quarters through September 30 versus $-0.64 for the same period a year ago.
Recent Price Action
Perrigo Co Plc (NYSE: PRGO) stock enjoyed a large increase of 4.0% on 11/7/23. The stock closed at $29.62. The stock has performed in line with the market over the last nine months and has risen 9.3% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, PRGO is expected to continue to be a Value Builder.
Perrigo has a current Value Trend Rating of C (Neutral). This rating combines contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Perrigo has a good Appreciation Score of 74 but a slightly negative Power Rating of 37, triggering the Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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