Analyst Ratings for Mallinckrodt PLC (MNK)

Updated: 2017-07-26

Mallinckrodt PLC (NYSE:MNK) was awarded an average rating of Buy from investment analysts following the stock. MNK had previously received a consensus rating of Buy a month ago.

Of the 17 analysts covering the stock, 14 gave it a buy rating, 2 gave an overweight rating, 1 issued a hold rating, 0 gave an underweight rating, and 0 issued a sell rating. Today, there are 0 more analysts optimistic about the company future as compared with 90 days ago. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.

Several price targets were given for MNK by the analysts covering the stock. The most optimistic analyst gave a price target of 87, which equates to a potential upside of 85.94 percent. The minimum price target given was 52, which equates to a potential downside of 11.13 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.

Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. That number becomes -11.51 percent if we expand the time horizon to include the past 3 months instead of just one. On the other hand, earnings estimates for the fiscal year have been revised downwards by -0.07 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of -0.4 percent in FY estimates.

Another thing investors often look at is the level of agreement among analysts' revisions. 2 analysts have revised their quarterly estimates upwards in the past 30 days, while 2 analysts revised their estimates downwards. Also over the last month, 2 analysts increased their estimates for the FY earnings, while 3 analysts decreased their estimates.

The growth rate of MNK's earnings is estimated by analysts to be 76.67 percent. Another measure frequently examined by investors is the PEG ratio. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. People often look for the PEG ratio to be under 1, but many choose to perform ratio comparisons with other companies in the industry. MNK has a PEG ratio of 0.15.

In the trailing 52-weeks, MNK hit 85.83 at the highest peak, while it's lowest trading point was 38.80. Today's price is 20.59 percent above the 52-week low, and 45.49 percent lower than its 52-week high. MNK has a price/earnings ratio of 11.13. Investors typically compare the P/E ratio to a company's peers in the industry. The MNK value stock report compares MNK to some of its peers using value stock charts. The market cap of MNK is $4.71 billion. MNK will post this quarters earnings in days, on 0000-00-00.