PRGO Should I Buy
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Perrigo Company PLC (PRGO) is not a good buy at the moment for a beginner investor with a long-term strategy. The stock shows weak technical indicators, poor financial performance, and a lack of strong positive catalysts. Although insider buying is a positive signal, the overall sentiment and data suggest holding off on investing in this stock.
The technical indicators are bearish. The MACD is negative and expanding downward, the RSI is neutral, and the moving averages indicate a bearish trend (SMA_200 > SMA_20 > SMA_5). The stock is trading near its pivot level of 14.296, with resistance at 14.735 and support at 13.857. Overall, the trend suggests further downside potential.
Insiders are buying, with a 107.21% increase in buying activity over the last month. The stock offers an 8.2% dividend yield, which may attract income-focused investors.
The stock has fallen 90% over the past decade, and analysts warn of potential further declines. The company's financial performance is deteriorating, with significant YoY drops in revenue (-4.06%), net income (-135.71%), EPS (-133.33%), and gross margin (-2.82%). Technical indicators and options data suggest bearish sentiment. Analysts have lowered the price target from $20 to $18, maintaining a Neutral rating.
In Q3 2025, Perrigo's revenue dropped to $1.043 billion (-4.06% YoY), net income fell to $7.5 million (-135.71% YoY), EPS declined to $0.05 (-133.33% YoY), and gross margin decreased to 36.14% (-2.82% YoY). These metrics indicate significant financial challenges.
JPMorgan recently lowered the price target from $20 to $18, maintaining a Neutral rating. This reflects a lack of confidence in the stock's near-term performance.
