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.

Many analysts weighed in on price targets for MNK. The maximum price target given was 87, implying a possible profit of 85.94 percent. The lowest 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.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is -11.51 percent. Over the past 30 days, FY earnings estimates have also changed downwards by -0.07 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -0.4 percent.

Another thing investors often look at is the level of agreement among analysts' revisions. Over the past month, 2 analysts increased their quarterly estimates, 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.

MNK has an estimated earnings growth rate of 76.67 percent as forecasted by analysts. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Investors like to see smaller values for the PEG ratio, as that can indicate whether the high price level of a stock is warranted by high growth. People often look for the PEG ratio to be under 1, although it is frequently more appropriate to compare PEG ratios to the company's peers. The PEG ratio of MNK is 0.15.

MNK has a 52-week high of 85.83 and a 52-week low of 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 P/E 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.