Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
Merck & Co Inc (NYSE: MRK) closed the day trading at $90.74 down -9.07% from the previous closing price of $99.79. In other words, the price has decreased by -$9.07 from its previous closing price. On the day, 50.74 million shares were traded.
Ratios:
For a better understanding of MRK, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 15.68 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 15.47. For the most recent quarter (mrq), Quick Ratio is recorded 1.15 and its Current Ratio is at 1.36. In the meantime, Its Debt-to-Equity ratio is 0.86 whereas as Long-Term Debt/Eq ratio is at 0.79.
On December 20, 2024, BMO Capital Markets Downgraded its rating to Market Perform which previously was Outperform and also lowered its target price recommendation from $136 to $105.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 11 ’24 when Merck & Co., Inc. bought 21,397,205 shares for $23.00 per share. The transaction valued at 492,135,715 led to the insider holds 1,000 shares of the business.
Litchfield Caroline sold 38,291 shares of MRK for $4,805,520 on Feb 14 ’24. The EVP & CFO now owns 50,908 shares after completing the transaction at $125.50 per share. On Feb 13 ’24, another insider, Davis Robert M, who serves as the Chairman, CEO & President of the company, sold 150,000 shares for $125.85 each. As a result, the insider received 18,877,424 and left with 348,327 shares of the company.
Valuation Measures:
As of this moment, Merck’s Price-to-Earnings (P/E) ratio for their current fiscal year is 19.01, and their Forward P/E ratio for the next fiscal year is 9.05. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.58. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.65 while its Price-to-Book (P/B) ratio in mrq is 5.16.
Stock Price History:
Over the past 52 weeks, MRK has reached a high of $134.63, while it has fallen to a 52-week low of $94.48. The 50-Day Moving Average of the stock is -8.86%, while the 200-Day Moving Average is calculated to be -20.49%.
Shares Statistics:
A total of 2.53B shares are outstanding, with a floating share count of 2.53B. Insiders hold about 0.11% of the company’s shares, while institutions hold 78.91% stake in the company.
