Bank of America just raised its EUR/USD forecast
Perrigo Co . PLC (NYSE:PRGO) Executive Vice President and Chief Financial Officer Eduardo Guarita Bezerra acquired 3,000 shares of the company’s ordinary shares on August 18, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The shares were purchased at a price of $22.7356, totaling approximately $68,206. The purchase comes as InvestingPro analysis indicates the stock is currently undervalued, with analyst price targets ranging from $27 to $40.
Following the transaction, Bezerra directly owns 48,949 shares of Perrigo Co. PLC. While the company posted losses in the last twelve months, InvestingPro data shows strong fundamentals with a healthy 5% dividend yield and robust free cash flow. Analysts expect a return to profitability this year, according to InvestingPro’s comprehensive analysis of over 30 financial metrics available in the Pro Research Report.
In other recent news, Perrigo Company plc reported its second-quarter earnings, which fell slightly short of analyst expectations. Despite this, the company maintained its full-year guidance, indicating confidence in its future performance amid challenging market conditions. This development is noteworthy as it suggests that Perrigo remains optimistic about its financial outlook for the rest of the year. While the earnings report did not meet projections, the company’s reaffirmation of its guidance provided a positive signal to investors. The market responded favorably, reflecting a degree of investor confidence in Perrigo’s ability to navigate the current economic environment. These recent developments highlight Perrigo’s strategic stance in maintaining its forecast despite external pressures.
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