Understanding the Financial Health of Mallinckrodt plc (MNK)

    Publicly-traded company Mallinckrodt plc (NYSE:MNK) had a closing price of $3.33 yesterday. Meanwhile, the average 12-month price target from Wall Street analysts is currently $5.43, this means that the stock is underpriced by 38.67%. In the past 52 weeks the company’s stock price has moved within the range of $1.43 to $32.34.

    This particular stock’s 5-day moving average is 3.37, its 20-day moving average is 2.83 and its 100-day moving average is 4.88. Mallinckrodt plc (MNK) currently has 83.80M shares outstanding, which means that its market capitalization is $279.05M.

    The Details: Mallinckrodt plc (MNK) Financial Health

    We can also look at Return on Assets, which is a percentage that tells us how good a public company is at using its current assets to generate a profit. Higher percentages mean that the company is better at using its assets. At the moment, Mallinckrodt plc Return on Assets is -29.60%.

    What Does Wall Street Say about Company?

    When selecting stocks to purchase, many investors want to know what Wall Street analysts are thinking before they pull the trigger. They often look for the average analyst rating. At the moment, the average analyst rating for MNK is Hold. Out of 13 total analysts who were surveyed, 1 rated it a sell, 1 rated it a underweight, 0 rated it an overweight, 10 rated it hold, and 1 rated it a Buy.

    Three months ago, on the other hand, the average analyst rating for Mallinckrodt plc (MNK) was a Hold – from a survey of 16 analysts. Of the analysts who provided ratings, 11 rated the company a Hold, 1 rated it a Sell, 0 rated it an overweight, 1 rated it an underweight, and 3 rated it a Buy.

    Understanding Profitability at Mallinckrodt plc (MNK)

    A good method of evaluating a public company’s profitability is by taking a look at its Earnings per Share (EPS) performance. In the most recent financial results released by Mallinckrodt plc, for the quarter ending on 09/2019, the company posted EPS of 1.98. The average estimate of Wall Street analysts had projected 2.09.

    Wall Street analysts, on average, are forecasting the company’s EPS to be 1.97, compared to 2.18 reported in the same quarter last year. When it comes to net revenue, the average estimate from a total of 12 analysts is 794.26M – compared to 834.9M posted in the year-ago period.