Perrigo Co PLC (PRGO)

PRGO (NYSE:Drugs) EQUITY
$90.23
neg -1.20
-1.30%
Today's Range: 90.74 - 92.46 | PRGO Avg Daily Volume: 2,423,100
Last Update: 08/24/16 - 1:54 PM EDT
Volume: 726,748
YTD Performance: -36.74%
Open: $91.66
Previous Close: $91.40
52 Week Range: $82.50 - $190.16
Oustanding Shares: 143,280,822
Market Cap: 13,113,060,829
6-Month Chart
TheStreet Ratings Grade for PRGO
Buy Hold Sell
A+ A A- B+ B B- C+ C C- D+ D D- E+ E E- F
TheStreet Ratings is the source for accurate ratings that you can rely upon to make sound, informed financial decisions. Click here to find out about our methodology.
Analysts Ratings
Historical Rec Current 1 Mo. Ago 2 Mo. Ago 3 Mo. Ago
Strong Buy 4 5 4 4
Moderate Buy 0 0 0 0
Hold 11 10 11 11
Moderate Sell 1 1 1 1
Strong Sell 0 0 0 0
Mean Rec. 2.56 2.44 2.56 2.56
Latest Dividend: 0.14
Latest Dividend Yield: 0.63%
Dividend Ex-Date: 08/24/16
Price Earnings Ratio: -122.03
Price Earnings Comparisons:
PRGO Sector Avg. S&P 500
-122.03 0.00 12.90
Price Performance History (%Change):
3 Mo 1 Yr 3 Y
-2.10% -51.02% -23.32%
GROWTH 12 Mo 3 Yr CAGR
Revenue -39.80 -1.00 0.00
Net Income -95.60 -1.00 0.00
EPS -95.80 -1.00 0.00
Earnings for PRGO:
EBITDA 0.00B
Revenue 2.77B
Average Earnings Estimates
Qtr (09/16) Qtr (12/16) FY (12/16) FY (12/17)
Average Estimate $1.83 $2.02 $7.16 $8.33
Number of Analysts 18 17 12 18
High Estimate $2.56 $2.90 $8.24 $10.90
Low Estimate $1.47 $1.67 $6.87 $7.32
Prior Year $1.76 $1.80 $7.59 $7.16
Growth Rate (Year over Year) 4.20% 12.22% -5.61% 16.27%
Chart Benchmark
Average Frequency Timeframe
Indicator Chart Scale  
Symbol Comparison Bollinger Bands
Ralph Lauren shares surge on earnings beat amid lethargic market action.
I'm not inclined to make market calls, but the action on my screen is pushing me to a defensive stance.
The stock's tumbling to near a 52-week low, but charts suggest caution.
Analysts say Tuesday's earnings beat could spell trouble in terms of coping with its $31 billion worth of debt.
Bullish
Jul 22, 2016 | 7:19 AM EDT
PRGO was upgraded to Buy, Deutsche Bank said. $115 price target. Valuation call, as the stock is down 50% from its 2015 highs.
A lost leader in Celgene and a Perrigo rumor have put a scare in the charts.
Papa is set to meet with Walgreens management in hopes of ironing out "speed bumps."
Problems with mesh products and high leverage might scare away a potential buyer. 

Takeaways and Observations Real Money Pro($)

AAPL made another near-term low, trading briefly under $90. It was down 2.35% on the day, but Apple announced a $1 billion investment in Chinese ride-sharing company Didi Chuxing. Is CEO Tim Cook serious? Monsanto (MON) became a possible takeover target of two different German companies. This led me to re-establish a medium-sized position in rival fertilizer company Potash Corp. (POT). I plan to buy more at current prices today. I did no trading yesterday other than buying some POT. :) I remain manifestly bearish and deep into the ursine territory. My net-short exposure is as high as it's been in two years. The S&P 500 futures were down 3.5 points at last check, indicating more selling pressure in today's regular session. The U.S. dollar strengthened. Oil fell 55 cents to $46.15 a barrel. Gold lost three beaners to $1,268 an ounce. Among agricultural commodities, wheat was -1, corn -1 and soybeans -4.50. Lumber was unchanged. Bonds were lower in price, with the iShares 20+ Year Treasury Bond ETF (TLT) losing $0.57. But 10- and 30-year U.S. Treasury yields both added two basis points. Municipal bonds were well bid, but closed-end muni funds were mixed. High-yield debt was slightly higher. The iShares iBoxx U.S. Dollar High Yield Corporate Bond ETF (HYG) finished +$0.09 and the SPDR Barclays High Yield Bond ETF (JNK) added $0.03. The Blackstone/GSO Strategic Credit closed-end fund (BGB) finished the day three pennies higher. Bank stocks were flat to lower, but brokerage stocks got hit -- led by a two-beaner drop in Goldman Sachs (GS). Insurers were slightly higher, with Geico/General Re parent Berkshire Hathaway (BRK.A, BRK.B) recovering from recent weakness. Old tech ended mixed. Energy was stronger again,

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Except as otherwise indicated, quotes are delayed. Quotes delayed at least 20 minutes for all exchanges. Market Data provided by Interactive Data. Company fundamental data provided by Morningstar. Earnings and ratings provided by Zacks. Mutual fund data provided by Valueline. ETF data provided by Lipper. Powered and implemented by Interactive Data Managed Solutions.


TheStreet Ratings updates stock ratings daily. However, if no rating change occurs, the data on this page does not update. The data does update after 90 days if no rating change occurs within that time period.

IDC calculates the Market Cap for the basic symbol to include common shares only. Year-to-date mutual fund returns are calculated on a monthly basis by Value Line and posted mid-month.