Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Perrigo Company PLC before investing.

In this article, we go over a few key elements for understanding Perrigo Company PLC’s stock price such as:

• Perrigo Company PLC’s current stock price and volume
• Why Perrigo Company PLC’s stock price changed recently
• Upgrades and downgrades for PRGO from analysts
• PRGO’s stock price momentum as measured by its relative strength

About Perrigo Company PLC (PRGO)

Before we jump into Perrigo Company PLC’s stock price, history, target price and what caused it to recently dip, let’s take a look at some background.

Perrigo Company plc is an Ireland-based provider of over the counter (OTC) health and wellness solutions that are designed to enhance individual well-being. The Company's segments include Consumer Self-Care Americas (CSCA) and Consumer Self-Care International (CSCI). The CSCA segment comprises its consumer self-care business (OTC, infant formula, and oral care categories, and contract manufacturing) in the United States and Canada, including the HRA Pharma self-care business (Women's Health and Skin-Care categories) in the United States and Canada. The CSCI segment comprises its consumer self-care business in Europe and Australia, which are primarily branded, its store brand business in the United Kingdom and parts of Europe and Asia and includes the HRA Pharma self-care business (Women's Health, Skin-Care and Rare-Disease categories) in Europe. Its product categories include Upper Respiratory, Pain and Sleep-Aids, Skincare and Personal Hygiene, Digestive Health, Nutrition and others.

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Perrigo Company PLC’s Stock Price as of Market Close

As of December 06, 2023, 4:00 PM, CST, Perrigo Company PLC’s stock price was $29.62.

Perrigo Company PLC is down 4.17% from its previous closing price of $30.91.

During the last market session, Perrigo Company PLC’s stock traded between $30.71 and $31.30. Currently, there are 135.50 million shares of Perrigo Company PLC stock available for purchase.

Perrigo Company PLC’s price-earnings (P/E) ratio is currently at 410.6, which is high compared to the Pharmaceuticals industry median of 27.1. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

Perrigo Company PLC Stock Price History

Perrigo Company PLC’s (PRGO) price is currently down 2.76% so far this month.

During the month of December, Perrigo Company PLC’s stock price has reached a high of $31.55 and a low of $29.34.

Over the last year, Perrigo Company PLC has hit prices as high as $40.28 and as low as $26.81. Year to date, Perrigo Company PLC’s stock is down 23.86%.

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What Caused Perrigo Company PLC Stock’s Price to Dip?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of December 05, 2023, there were 2 analysts who downgraded Perrigo Company PLC’s stock and 0 analysts who upgraded over the last month.

Additionally, you'll want to evaluate Perrigo Company PLC’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Perrigo Company PLC’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Perrigo Company PLC’s current valuation based on AAII’s Value Grade is a D, which means it is considered to be Expensive.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Perrigo Company PLC (PRGO) by visiting AAII Stock Evaluator.

Relative Price Strength of Perrigo Company PLC

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of December 05, 2023, Perrigo Company PLC has a weighted four-quarter relative price strength of -4.24%, which translates to a Momentum Score of 48 and is considered to be Average.

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Perrigo Company PLC Stock Price: Bottom Line

As of December 6, 2023, Perrigo Company PLC’s stock price is $29.62, which is down 4.17% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Perrigo Company PLC stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

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