The stock plummeted -34.64 percent over the past month and fell -56.32 percent year-to-date.
Several equities research analysts have commented on the company. Jefferies maintained it with "Buy" rating and $7000 target in Wednesday, August 2 report. BidaskClub upgraded shares of Mallinckrodt PLC from a "strong sell" rating to a "sell" rating in a report on Friday, August 25th. The firm has "Buy" rating by Citigroup given on Wednesday, June 15. Investors may also view volume levels when the stock price is nearing significant support or resistance levels, in order to confirm a breakout in either direction. The value of the total investment in Mallinckrodt Plc Ordinary Share decreased from $5,017,000 to $2,477,000 decreasing 50.6% quarter over quarter. Stifel Nicolaus maintained Mallinckrodt PLC (NYSE:MNK) on Wednesday, November 8 with "Buy" rating. Two investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating and ten have assigned a buy rating to the stock. Finally, Deutsche Bank AG cut their target price on Mallinckrodt PLC from $78.00 to $73.00 and set a "buy" rating on the stock in a research report on Wednesday, November 30th. Mallinckrodt Public Limited Company (NYSE:MNK) has noticeable measure of stock volatility, for this average true range is an exponential moving average (14 trading days) of the True Ranges. Some investors may prefer growth stocks while others may opt for value stocks. The company has a current ratio of 1.38, a quick ratio of 0.81 and a debt-to-equity ratio of 1.08. The company has a market cap of $2,067.31, a price-to-earnings ratio of 2.94, a price-to-earnings-growth ratio of 0.33 and a beta of 1.46.
Mallinckrodt PLC (NYSE:MNK) last posted its earnings results on Tuesday, November 7th. The company reported $1.97 EPS for the quarter, beating the consensus estimate of $1.80 by $0.17. Mallinckrodt PLC had a return on equity of 17.92% and a net margin of 17.44%. To make a proper assessment, investors seek a sound estimate of this year's and next year's earnings per share (EPS), as well as a strong sense of how much the company will earn even farther down the road.
8 number of analysts have estimated the sales of the company for the quarter ending Nov 6, 2017- Nov 10, 2017, analysts estimated mean sale target of 764.2 million while high and low sale targets are estimated at 803 million and 729.7 million respectively.
WARNING: "Mallinckrodt PLC (MNK) Given New $38.00 Price Target at BMO Capital Markets" was posted by BBNS and is the sole property of of BBNS. If you are accessing this story on another website, it was illegally stolen and republished in violation of United States and global copyright & trademark laws. FMR LLC boosted its stake in shares of Mallinckrodt PLC by 142.8% in the second quarter. The shares were purchased at an average cost of $39.63 per share, for a total transaction of $50,726.40. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.
Price to Sale ratio of the company stands at 0.63 while Price to Book Ratio stands at 0.41. It worsened, as 49 investors sold Mallinckrodt PLC shares while 136 reduced holdings. As of quarter end American International Group Inc had acquired 163,596 shares growing its holdings by 464.6%. OppenheimerFunds Inc. now owns 8,887 shares of the company's stock worth $396,000 after purchasing an additional 1,666 shares in the last quarter.
"Mallinckrodt PLC (MNK) Stock Rating Lowered by Goldman Sachs Group, Inc". American International Group Inc now owns 198,807 shares with a value of $7,429,000.
Riverhead Capital Management Llc increased Dillard's Inc (NYSE:DDS) stake by 6,064 shares to 40,291 valued at $2.32M in 2017Q2. Teachers Advisors LLC lifted its stake in Mallinckrodt PLC by 4.3% during the first quarter. Ameriprise Financial Inc. raised its holdings in shares of Mallinckrodt PLC by 2.6% in the third quarter. Company insiders own 0.53% of the company's stock.
Mallinckrodt Public Limited Company (MNK) is expected to post revenue of $830.23 Million in the current quarter, according to consensus of 15 analysts.