Investors are on the edge of their seats, hoping that Perrigo
What analysts say:
- Buy, sell, or hold?: Analysts are bullish on Perrigo as seven analysts rate it as a buy and only one analyst rates it as a sell. Analysts don't like Perrigo as much as competitor Mylan Laboratories overall. While analysts still rate the stock a hold, they are a little more optimistic about it compared to three months ago.
- Revenue forecasts: On average, analysts predict $809.9 million in revenue this quarter. That would represent a rise of 12.9% from the year-ago quarter.
- Wall Street earnings expectations: The average analyst estimate is earnings of $1.16 per share. Estimates range from $1.12 to $1.20.
What our community says:
CAPS All-Stars are strongly backing the stock, with 94.8% assigning it an "outperform" rating. The greater community concurs with the All-Stars, as 93.6% give it a rating of "outperform." Fools are impressed with Perrigo and haven't been shy with their opinions lately, logging 121 posts in the past 30 days. Despite the majority sentiment in favor of Perrigo, the stock has a middling CAPS rating of three out of five stars.
Perrigo's profit has risen year-over-year by an average of 47.8% over the past five quarters.
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