Perrigo Stock Buy Hold or Sell Recommendation

PRGO
 Stock
  

USD 41.93  0.28  0.67%   

Given the investment horizon of 90 days and your slightly conservative level of risk, our recommendation regarding Perrigo Company is 'Strong Buy'. Macroaxis provides Perrigo buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding Perrigo positions. The advice algorithm takes into account all of Perrigo's available fundamental, technical, and predictive indicators you will find on this site.
  
The advice is provided from Perrigo's buy-and-hold perspective. Please check Perrigo Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. We conduct extensive research on individual companies such as Perrigo and provide practical buy, sell, or hold advice based on selected investing horizon and risk tolerance towards Perrigo Company.

Execute Perrigo Buy or Sell Advice

The Perrigo recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Perrigo Company. Macroaxis does not own or have any residual interests in Perrigo Company or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Perrigo's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell PerrigoBuy Perrigo
Strong Buy

Volatility

Very steadyDetails

Hype Condition

Under hypedDetails

Current Valuation

UndervaluedDetails

Odds of Distress

Below AverageDetails

Economic Sensitivity

Follows the market closelyDetails

Analyst Consensus

HoldDetails

Reporting Quality (M-Score)

UnavailableDetails
For the selected time horizon Perrigo Company has a Risk Adjusted Performance of 0.3013, Jensen Alpha of 0.3708, Total Risk Alpha of 0.3384, Sortino Ratio of 0.2592 and Treynor Ratio of 0.5663
Perrigo advice module can be used to check and cross-verify current recommendation provided by analysts analyzing the firm's potential to grow using all of fundamental, technical, data market data available at the time. To make sure Perrigo is not overpriced, please check all Perrigo Company fundamentals, including its gross profit, short ratio, current liabilities, as well as the relationship between the total debt and market capitalization . Given that Perrigo Company has a price to earning of 23.57 X, we recommend you to check out Perrigo Company market performance and probability of bankruptcy to ensure the company can sustain itself in the current economic cycle given your recent risk tolerance and investing horizon.

Perrigo Trading Alerts and Improvement Suggestions

The company reported the previous year's revenue of 4.2 B. Net Loss for the year was (135 M) with profit before overhead, payroll, taxes, and interest of 1.42 B.
On 21st of June 2022 Perrigo paid $ 0.26 per share dividend to its current shareholders
Latest headline from finance.yahoo.com: PERRIGO TO RELEASE SECOND QUARTER 2022 FINANCIAL RESULTS ON AUGUST 9, 2022 - Yahoo Finance

Perrigo Returns Distribution Density

The distribution of Perrigo's historical returns is an attempt to chart the future uncertainty of Perrigo's future price movements. The chart of the probability distribution of Perrigo stock daily returns describes the distribution of returns around its average expected value. We use Perrigo Company price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Perrigo returns is essential to provide solid investment advice for Perrigo stock.
Mean Return0.42Value At Risk-2.37
Potential Upside3.26Standard Deviation1.73
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Perrigo historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

Perrigo Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Perrigo or Healthcare sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Perrigo stock's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Perrigo stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over DOW
0.37
β
Beta against DOW0.72
σ
Overall volatility
1.50
Ir
Information ratio 0.21

Perrigo Volatility Alert

Perrigo Company has relatively low volatility with skewness of 0.46 and kurtosis of 1.06. However, we advise all investors to independently investigate Perrigo Company to ensure all accessible information is consistent with the expectations about its upside potential and future expected returns. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Perrigo's stock risk against market volatility during both bullying and bearish trends. The higher level of volatility that comes with bear markets can directly impact Perrigo's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.

Perrigo Implied Volatility

Perrigo's implied volatility" href="/stock-options/PRGO/Perrigo-Company">Perrigo's implied volatility exposes the market's sentiment of Perrigo Company stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Perrigo's implied volatility" href="/stock-options/PRGO/Perrigo-Company">Perrigo's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Perrigo stock will not fluctuate a lot when Perrigo's options" href="/stock-options/PRGO/Perrigo-Company">Perrigo's options are near their expiration.

Perrigo Fundamentals Vs Peers

Comparing Perrigo's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Perrigo's direct or indirect competition across all of the common fundamentals between Perrigo and the related equities. This way, we can detect undervalued stocks with similar characteristics as Perrigo or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Perrigo's fundamental indicators could also be used in its relative valuation, which is a method of valuing Perrigo by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Perrigo to competition
FundamentalsPerrigoPeer Average
Return On Equity(2.53) %(0.31) %
Return On Asset0.89 %(0.14) %
Profit Margin(2.60) %(1.27) %
Operating Margin3.66 %(5.51) %
Current Valuation7.38 B16.62 B
Shares Outstanding133.77 M571.82 M
Shares Owned by Insiders0.57 %10.09 %
Shares Owned by Institutions105.03 %39.21 %
Number of Shares Shorted5.34 M4.71 M
Price to Earning23.57 X28.72 X
Price to Book1.07 X9.51 X
Price to Sales1.32 X11.42 X
Revenue4.2 B9.43 B
Gross Profit1.42 B27.38 B
EBITDA445.3 M3.9 B
Net Income(135 M)570.98 M
Cash and Equivalents1.97 B2.7 B
Cash per Share14.61 X5.01 X
Total Debt3.71 B5.32 B
Debt to Equity0.73 %48.70 %
Current Ratio4.01 X2.16 X
Book Value Per Share38.74 X1.93 K
Cash Flow from Operations235.2 M971.22 M
Short Ratio3.95 X4.00 X
Earnings Per Share(1.89) X3.12 X
Price to Earnings To Growth4.83 X4.89 X
Number of Employees9.9 K18.84 K
Beta0.93-0.15
Market Capitalization5.56 B19.03 B
Total Asset19.72 B29.47 B
Retained Earnings1.94 B9.33 B
Working Capital1.49 B1.48 B
Current Asset3.18 B9.34 B
   Perrigo exotic insider transaction detected [view details]

Perrigo Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Perrigo . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Accumulation Distribution5533.12
Daily Balance Of Power0.4375
Rate Of Daily Change1.01
Day Median Price41.72
Day Typical Price41.79
Market Facilitation Index0.0
Price Action Indicator0.35

About Perrigo Buy or Sell Advice

When is the right time to buy or sell Perrigo Company? Buying financial instruments such as Perrigo Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the stock market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Although Perrigo investors may find it confusing at the beginning, most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.

Use Investing Ideas to Build Portfolios

In addition to having Perrigo in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run SRI Sustainable Growth Thematic Idea Now

SRI Sustainable Growth
SRI Sustainable Growth Theme
Socially responsible investments that include companies making a positive, sustainable or social impact and exclude those making a negative impact. The SRI Sustainable Growth theme has 47 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize SRI Sustainable Growth Theme or any other thematic opportunities.
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Please check Perrigo Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note that the Perrigo Company information on this page should be used as a complementary analysis to other Perrigo's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Equity Valuation module to check real value of public entities based on technical and fundamental data.

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Is Perrigo's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Perrigo. If investors know Perrigo will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Perrigo listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Perrigo Company is measured differently than its book value, which is the value of Perrigo that is recorded on the company's balance sheet. Investors also form their own opinion of Perrigo's value that differs from its market value or its book value, called intrinsic value, which is Perrigo's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Perrigo's market value can be influenced by many factors that don't directly affect Perrigo's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Perrigo's value and its price as these two are different measures arrived at by different means. Investors typically determine Perrigo value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Perrigo's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.