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.

A number of analysts gave price targets for MNK. The most optimistic analyst gave a price target of 87, implying potential capital gains of 85.94 percent. The most pessimistic analyst gave a price target of 52, implying a possible loss of 11.13 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.

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.

People are often interested in whether analysts were united in the direction of their revisions. Over the past month, 2 analysts increased their quarterly estimates, while 2 analysts made negative revisions. Over the same time period, 2 analysts revised their FY earnings estimates upwards, while 3 analysts made negative revisions to their fiscal year's estimates.

The growth rate of MNK's earnings is estimated by analysts to be 76.67 percent. The PEG ratio of a stock is another value frequently studied by investors. Investors like to see smaller values for the PEG ratio, because people typically see that as an indicator of higher growth relative to stock price. PEG ratios below 1 are often considered desirable, 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. The current market price is above the trailing year's low by 20.59 percent, 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 stock has a market capitalization of $4.71 billion. MNK will post this quarters earnings in days, on 0000-00-00.