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 maximum price target given was 87, which equates to a potential upside of 85.94 percent. The most pessimistic price target was 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.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average 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. 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. 2 analysts made positive revisions to their quarterly estimates over the past month, while 2 analysts revised their estimates downwards. 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.

MNK has an estimated earnings growth rate of 76.67 percent as forecasted by analysts. People on Wall Street often look at a company's PEG ratio. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. Wall Street investors typically prefer a PEG ratio to be smaller than 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 traded between a high of 85.83 and a low of 38.80 over the past year. Currently the stock is 20.59 percent higher than its 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's next earnings release will be on 0000-00-00, which is days away.