NYSE:PRGO

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Executive Summary

Perrigo Company plc provides over-the-counter (OTC) health and wellness solutions that enhance individual well-being by empowering consumers to prevent or treat conditions that can be self-managed. More Details


Snowflake Analysis

Established dividend payer with proven track record.


Similar Companies

Share Price & News

How has Perrigo's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: PRGO's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-3.8%

PRGO

-5.6%

US Pharmaceuticals

-5.3%

US Market


1 Year Return

-19.7%

PRGO

1.7%

US Pharmaceuticals

10.4%

US Market

Return vs Industry: PRGO underperformed the US Pharmaceuticals industry which returned 1.5% over the past year.

Return vs Market: PRGO underperformed the US Market which returned 12% over the past year.


Shareholder returns

PRGOIndustryMarket
7 Day-3.8%-5.6%-5.3%
30 Day-3.1%-5.6%-2.1%
90 Day-17.3%-5.2%1.7%
1 Year-18.3%-19.7%4.3%1.7%12.9%10.4%
3 Year-44.5%-46.7%19.1%10.3%34.3%25.4%
5 Year-71.4%-73.0%30.8%15.7%73.7%54.3%

Price Volatility Vs. Market

How volatile is Perrigo's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Perrigo undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: PRGO ($43.87) is trading below our estimate of fair value ($92.95)

Significantly Below Fair Value: PRGO is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: PRGO is poor value based on its PE Ratio (24.9x) compared to the US Pharmaceuticals industry average (21.4x).

PE vs Market: PRGO is poor value based on its PE Ratio (24.9x) compared to the US market (18.1x).


Price to Earnings Growth Ratio

PEG Ratio: PRGO is poor value based on its PEG Ratio (1.6x)


Price to Book Ratio

PB vs Industry: PRGO is good value based on its PB Ratio (1x) compared to the US Pharmaceuticals industry average (2.9x).


Next Steps

Future Growth

How is Perrigo forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?

15.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: PRGO's forecast earnings growth (15.6% per year) is above the savings rate (2.2%).

Earnings vs Market: PRGO's earnings (15.6% per year) are forecast to grow slower than the US market (22% per year).

High Growth Earnings: PRGO's earnings are forecast to grow, but not significantly.

Revenue vs Market: PRGO's revenue (2% per year) is forecast to grow slower than the US market (10% per year).

High Growth Revenue: PRGO's revenue (2% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: PRGO's Return on Equity is forecast to be low in 3 years time (9.3%).


Next Steps

Past Performance

How has Perrigo performed over the past 5 years?

38.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: PRGO has a large one-off loss of $124.7M impacting its June 27 2020 financial results.

Growing Profit Margin: PRGO's current net profit margins (4.7%) are higher than last year (1.9%).


Past Earnings Growth Analysis

Earnings Trend: PRGO has become profitable over the past 5 years, growing earnings by 38.7% per year.

Accelerating Growth: PRGO's earnings growth over the past year (175.5%) exceeds its 5-year average (38.7% per year).

Earnings vs Industry: PRGO earnings growth over the past year (175.5%) exceeded the Pharmaceuticals industry 18.7%.


Return on Equity

High ROE: PRGO's Return on Equity (4.1%) is considered low.


Next Steps

Financial Health

How is Perrigo's financial position?


Financial Position Analysis

Short Term Liabilities: PRGO's short term assets ($3.8B) exceed its short term liabilities ($1.9B).

Long Term Liabilities: PRGO's short term assets ($3.8B) do not cover its long term liabilities ($4.4B).


Debt to Equity History and Analysis

Debt Level: PRGO's debt to equity ratio (69.7%) is considered high.

Reducing Debt: PRGO's debt to equity ratio has increased from 50.5% to 69.7% over the past 5 years.

Debt Coverage: PRGO's debt is not well covered by operating cash flow (16.8%).

Interest Coverage: PRGO's interest payments on its debt are well covered by EBIT (3.7x coverage).


Balance Sheet


Next Steps

Dividend

What is Perrigo current dividend yield, its reliability and sustainability?

2.05%

Current Dividend Yield


Upcoming Dividend Payment


Dividend Yield vs Market

Notable Dividend: PRGO's dividend (2.05%) is higher than the bottom 25% of dividend payers in the US market (1.69%).

High Dividend: PRGO's dividend (2.05%) is low compared to the top 25% of dividend payers in the US market (4.78%).


Stability and Growth of Payments

Stable Dividend: PRGO's dividends per share have been stable in the past 10 years.

Growing Dividend: PRGO's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (49.3%), PRGO's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: PRGO's dividends in 3 years are forecast to be well covered by earnings (22.1% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

4.3yrs

Average management tenure


CEO

Murray Kessler (60 yo)

2yrs

Tenure

US$10,807,772

Compensation

Mr. Murray S. Kessler has been the Chief Executive Officer, President and Director of Perrigo Company plc since October 8, 2018. Mr. Kessler had a 30 years of leadership experience in growing consumer prod ...


CEO Compensation Analysis

Compensation vs Market: Murray's total compensation ($USD10.81M) is above average for companies of similar size in the US market ($USD7.41M).

Compensation vs Earnings: Murray's compensation has increased by more than 20% in the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Murray Kessler
CEO, President & Director2yrsUS$10.81m0.011%
$ 666.9k
Raymond Silcock
CFO, Principal Accounting Officer & Executive VP1.58yrsUS$3.48m0.0019%
$ 110.9k
James Dillard
Executive VP & Chief Scientific Officer1.75yrsUS$2.71m0.0022%
$ 126.0k
Svend Andersen
Executive VP & President of Consumer Healthcare International3.58yrsUS$2.48m0.013%
$ 775.5k
Ronald Janish
Chief Transformation Officer and Executive VP of Global Operations & Supply Chain5yrsno data0.010%
$ 578.1k
Shannon Hukill
Senior Director of Technical Operations9yrsno datano data
Thomas Farrington
Chief Information Officer & Executive VP14yrsno data0.012%
$ 699.4k
Bradley Joseph
Vice President of Global Investor Relations & Corporate Communicationsno datano datano data
Todd Kingma
Executive VP17.17yrsUS$2.77m0.030%
$ 1.8m
Mary Reilly-Brest
Director of Global Organizational and Human Resource Developmentno datano datano data
Robert Willis
Chief Human Resources Officer & Executive VP1.58yrsno data0.0015%
$ 87.6k
Sharon Kochan
Executive VP & President of RX Pharmaceuticals8.17yrsUS$2.04m0.022%
$ 1.3m

4.3yrs

Average Tenure

59yo

Average Age

Experienced Management: PRGO's management team is considered experienced (4.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Murray Kessler
CEO, President & Director2yrsUS$10.81m0.011%
$ 666.9k
Jeffrey Kindler
Independent Director3.58yrsUS$399.98k0.0058%
$ 338.4k
Rolf Classon
Independent Chairman of the Board2.42yrsUS$530.44k0.0064%
$ 371.5k
Donal O'Connor
Independent Director5.83yrsUS$399.98k0.0085%
$ 495.1k
Bradley Alford
Independent Director3.58yrsUS$387.48k0.0058%
$ 338.4k
Theodore Samuels
Independent Director3.75yrsUS$388.96k0.020%
$ 1.2m
Geoffrey Parker
Independent Director3.83yrsUS$387.48k0.010%
$ 599.0k
Erica Mann
Independent Director1.42yrsUS$359.55k0.0021%
$ 123.6k
Adriana Karaboutis
Independent Director3.42yrsUS$384.48k0.0054%
$ 315.8k
Katherine Doyle
Director0.25yrno datano data

3.5yrs

Average Tenure

62.5yo

Average Age

Experienced Board: PRGO's board of directors are considered experienced (3.5 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: PRGO insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Perrigo Company plc's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Perrigo Company plc
  • Ticker: PRGO
  • Exchange: NYSE
  • Founded: 1887
  • Industry: Pharmaceuticals
  • Sector: Pharmaceuticals & Biotech
  • Market Cap: US$5.804b
  • Shares outstanding: 136.48m
  • Website: https://www.perrigo.com

Number of Employees


Location

  • Perrigo Company plc
  • The Sharp Building
  • Hogan Place
  • Dublin
  • Co. Dublin
  • 2
  • Ireland

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
PRGOTASE (The Tel-Aviv Stock Exchange)YesOrdinary SharesILILSDec 1991
PRGONYSE (New York Stock Exchange)YesOrdinary SharesUSUSDDec 1991
PIGDB (Deutsche Boerse AG)YesOrdinary SharesDEEURDec 1991
0Y5ELSE (London Stock Exchange)YesOrdinary SharesGBUSDDec 1991
PRGO NBMV (Bolsa Mexicana de Valores)YesOrdinary SharesMXMXNDec 1991
P1RG34BOVESPA (Bolsa de Valores de Sao Paulo)BDR EACH 1 REPR 1 SHS UNSPONBRBRLJan 2020

Biography

Perrigo Company plc provides over-the-counter (OTC) health and wellness solutions that enhance individual well-being by empowering consumers to prevent or treat conditions that can be self-managed. The com ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/31 01:19
End of Day Share Price2020/10/30 00:00
Earnings2020/06/27
Annual Earnings2019/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.