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Perrigo (PRGO) Stock Forecast, Price Target & Predictions

OverviewRevenueOwnershipFinancialsChartTranscripts

PRGO Stock Forecast

Perrigo (PRGO) stock forecast, based on 9 Wall Street analysts, predicts a 12-month average price target of $30.00, with a high of $30.00 and a low of $30.00. This represents a 21.61% increase from the last price of $24.67.

$24 $25 $26 $27 $28 $29 $30 $31 $32 $33 High: $30 Avg: $30 Low: $30 Last Closed Price: $24.67

PRGO Stock Rating

Perrigo stock's rating consensus is Hold, based on 9 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 4 Buy (44.44%), 5 Hold (55.56%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).

Hold
Total 9 0 5 4 Strong Sell Sell Hold Buy Strong Buy

PRGO Forecast vs Benchmarks

TypeNameUpside
StockPerrigo21.61%
SectorHealthcare Stocks 25.20%
IndustrySpecialty & Generic Drug Manufacturers Stocks24.78%

Price Target Trends

1M3M12M
# Anlaysts--3
Avg Price Target--$35.00
Last Closing Price$24.67$24.67$24.67
Upside/Downside--41.87%
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Jan, 25323--8
Dec, 24321--6
Nov, 2434111-19
Oct, 2434111-19
Sep, 2434111-19
Latest Price Target by Analysts
DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Sep 23, 2024Keith DevasJefferies$30.00$27.0610.86%21.61%
Jun 13, 2024Korinne WolmeyerPiper Sandler$36.00$27.8429.31%45.93%
Apr 08, 2024Korinne WolmeyerPiper Sandler$39.00$31.4024.20%58.09%
Nov 17, 2023Korinne WolfmeyerPiper Sandler$37.00$30.0723.05%49.98%
Sep 06, 2022Jacob HughesWells Fargo$54.00$36.7446.98%118.89%
May 04, 2022Raymond James$48.00$32.7646.52%94.57%
Latest Upgrade/Downgrade by Analysts
DateCompanyPrevious RatingNew RatingRating Change
Jun 13, 2024Piper SandlerOverweightOverweighthold
Apr 08, 2024Piper SandlerOverweightOverweighthold
Oct 03, 2022Raymond JamesOutperformOutperformhold
Sep 14, 2022BernsteinMarket Performdowngrade
Sep 06, 2022Wells FargoOverweightupgrade

Financial Forecast

EPS Forecast

$-2 $-1 $0 $1 $2 $3 $4 $5 Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$-1.19$-0.98$-0.97$-0.09-----
Avg Forecast$4.10$2.03$2.04$2.57$2.58$3.02$3.36$3.56$3.82
High Forecast$4.03$2.00$2.00$2.51$2.55$2.99$3.29$3.48$3.73
Low Forecast$4.15$2.05$2.07$2.59$2.60$3.06$3.42$3.63$3.89
Surprise %-129.02%-148.28%-147.55%-103.50%-----

Revenue Forecast

$4B $4B $5B $5B $5B $6B Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$5.06B$4.14B$4.45B$4.66B-----
Avg Forecast$5.09B$4.13B$4.51B$4.67B$4.43B$4.64B$4.79B$4.92B$5.20B
High Forecast$5.03B$4.08B$4.45B$4.63B$4.41B$4.56B$4.78B$4.91B$5.11B
Low Forecast$5.14B$4.17B$4.56B$4.70B$4.45B$4.71B$4.79B$4.92B$5.27B
Surprise %-0.59%0.13%-1.34%-0.39%-----

Net Income Forecast

$-250M $-80M $90M $260M $430M $600M Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$-162.60M$-130.90M$-130.90M$-12.70M-----
Avg Forecast$554.58M$274.66M$-174.02M$-4.40M$347.96M$409.79M$453.91M$481.31M$516.85M
High Forecast$545.66M$270.24M$-208.82M$-5.28M$344.55M$405.11M$444.53M$471.37M$505.13M
Low Forecast$561.40M$278.04M$-139.22M$-3.52M$351.36M$414.47M$463.29M$491.26M$526.45M
Surprise %-129.32%-147.66%-24.78%188.64%-----

PRGO Forecast FAQ

Is Perrigo stock a buy?

Perrigo stock has a consensus rating of Hold, based on 9 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 4 Buy, 5 Hold, 0 Sell, and 0 Strong Sell, reflecting a consensus that Perrigo is a neutral investment for most analysts.

What is Perrigo's price target?

Perrigo's price target, set by 9 Wall Street analysts, averages $30 over the next 12 months. The price target range spans from $30 at the low end to $30 at the high end, suggesting a potential 21.61% change from the previous close price of $24.67.

How does Perrigo stock forecast compare to the average forecast of its sector, industry, and investment themes?

Perrigo stock forecast shows a 21.61% upside, underperforming the average forecast for the healthcare stocks sector (25.20%) and underperforming the specialty & generic drug manufacturers stocks industry (24.78%).

What is the breakdown of analyst ratings for Perrigo over the past three months?

  • January 2025: 37.50% Strong Buy, 25.00% Buy, 37.50% Hold, 0% Sell, 0% Strong Sell.
  • December 2024: 50.00% Strong Buy, 33.33% Buy, 16.67% Hold, 0% Sell, 0% Strong Sell.
  • November 2024: 15.79% Strong Buy, 21.05% Buy, 57.89% Hold, 5.26% Sell, 0% Strong Sell.

What is Perrigo’s EPS forecast?

Perrigo's average annual EPS forecast for its fiscal year ending in December is 2.58 for 2024, a -2966.67% decrease from the reported $-0.09 in 2023. The prediction for 2025 is $3.02, $3.36 for 2026, $3.56 for 2027, and $3.82 for 2028.

What is Perrigo’s revenue forecast?

Perrigo's average annual revenue forecast for its fiscal year ending in December is $4.43B for 2024, a -4.78% decrease from the reported $4.66B in 2023. The forecast for 2025 is $4.64B, $4.79B for 2026, $4.92B for 2027, and $5.2B for 2028.

What is Perrigo’s net income forecast?

For its fiscal year ending in December, Perrigo's average annual net income forecast is $347.96M for 2024, reflecting a -2839.84% decrease from the reported $-12.7M in 2023. The projection for 2025 is $409.79M, $453.91M for 2026, $481.31M for 2027, and $516.85M for 2028.