Perrigo Stock Performance

PRGO
 Stock
  

USD 39.63  2.21  5.28%   

Perrigo has a performance score of 10 on a scale of 0 to 100. The company holds a Beta of 0.7624, which implies possible diversification benefits within a given portfolio. Let's try to break down what Perrigo's beta means in this case. As returns on the market increase, Perrigo returns are expected to increase less than the market. However, during the bear market, the loss on holding Perrigo will be expected to be smaller as well. Although it is important to respect Perrigo Company current trending patterns, it is better to be realistic regarding the information on the equity's existing price patterns. The philosophy towards forecasting future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By analyzing Perrigo Company technical indicators, you can presently evaluate if the expected return of 0.19% will be sustainable into the future. Perrigo Company right now holds a risk of 1.41%. Please check Perrigo Company potential upside, as well as the relationship between the kurtosis and day typical price to decide if Perrigo Company will be following its historical price patterns.
  
Perrigo Performance
10 of 100
Compared to the overall equity markets, risk-adjusted returns on investments in Perrigo Company are ranked lower than 10 (%) of all global equities and portfolios over the last 90 days. Despite quite unsteady technical and fundamental indicators, Perrigo may actually be approaching a critical reversion point that can send shares even higher in September 2022. ...more

Structure and Payout Changes

Forward Annual Dividend Yield
0.025
Payout Ratio
0.56
Last Split Factor
2:1
Forward Annual Dividend Rate
1.04
Dividend Date
2022-09-20
Ex Dividend Date
2022-09-01

Perrigo Price Channel

Quick Ratio2.73
Fifty Two Week Low31.32
Fifty Two Week High50.90
Trailing Annual Dividend Yield2.22%

Perrigo Relative Risk vs. Return Landscape

If you would invest  3,734  in Perrigo Company on May 19, 2022 and sell it today you would earn a total of  450.00  from holding Perrigo Company or generate 12.05% return on investment over 90 days. Perrigo Company is currently generating 0.1934% in daily expected returns and assumes 1.4054% risk (volatility on return distribution) over the 90 days horizon. In different words, 12% of stocks are less volatile than Perrigo, and 97% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon.
  Daily Expected Return (%)  
       Risk (%)  
Given the investment horizon of 90 days Perrigo is expected to generate 1.2 times more return on investment than the market. However, the company is 1.2 times more volatile than its market benchmark. It trades about 0.14 of its potential returns per unit of risk. The DOW is currently generating roughly 0.12 per unit of risk.

Perrigo Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Perrigo's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Perrigo Company, and traders can use it to determine the average amount a Perrigo's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = 0.1376

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Estimated Market Risk
 1.41
  actual daily
 
 12 %
of total potential
 
1212
Expected Return
 0.19
  actual daily
 
 3 %
of total potential
 
33
Risk-Adjusted Return
 0.14
  actual daily
 
 10 %
of total potential
 
1010
Based on monthly moving average Perrigo is performing at about 10% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Perrigo by adding it to a well-diversified portfolio.

About Perrigo Performance

To evaluate Perrigo Company Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Perrigo generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Perrigo Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Perrigo Company market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Perrigo's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
Perrigo Company plc provides over-the-counter health and wellness solutions that enhance individual well-being by empowering consumers to prevent or treat conditions that can be self-managed. Perrigo Company plc was founded in 1887 and is headquartered in Dublin, Ireland. Perrigo operates under Drug ManufacturersSpecialty Generic classification in the United States and is traded on New York Stock Exchange. It employs 9900 people.

Things to note about Perrigo Company

Checking the ongoing alerts about Perrigo for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Perrigo Company help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

Perrigo Alerts

Equity 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
Please check Your Equity Center. 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 Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.

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When running Perrigo Company price analysis, check to measure Perrigo's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Perrigo is operating at the current time. Most of Perrigo's value examination focuses on studying past and present price action to predict the probability of Perrigo's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Perrigo's price. Additionally, you may evaluate how the addition of Perrigo to your portfolios can decrease your overall portfolio volatility.
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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.
Quarterly Earnings Growth YOY
-0.64
Market Capitalization
5.6 B
Quarterly Revenue Growth YOY
0.14
Return On Assets
0.0089
Return On Equity
-0.017
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.