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.

MNK was given price targets by several analysts. The most optimistic analyst gave a price target of 87, implying potential capital gains of 85.94 percent. The most pessimistic price target was 52, which equates to a potential downside of 11.13 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. The average change in earnings estimates over the last 90 days is -11.51 percent. 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.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 2 analysts made positive revisions to their quarterly estimates over the past month, while 2 analysts revised their estimates downwards. During this time, 2 analysts made positive revisions in their estimates for this fiscal year's earnings, while 3 analysts decreased their estimates.

Analysts estimate earnings of MNK to grow at a rate of 76.67 percent. People on Wall Street often look at a company's PEG ratio. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. Many investors consider PEG ratios between 0 and 1 as preferrable, though it could be better to see where the ratio stands relative to peers 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 below the 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.