Market Resilience: Organon & Co. (OGN) Finishes Weak at 19.97, Down -2.82

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Organon & Co. (NYSE: OGN) closed the day trading at $19.97 down -2.82% from the previous closing price of $20.55. In other words, the price has decreased by -$2.82 from its previous closing price. On the day, 3.86 million shares were traded. OGN stock price reached its highest trading level at $20.57 during the session, while it also had its lowest trading level at $19.42.

Ratios:

For a better understanding of OGN, 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 7.30 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 6.02. For the most recent quarter (mrq), Quick Ratio is recorded 1.17 and its Current Ratio is at 1.64. In the meantime, Its Debt-to-Equity ratio is 60.11 whereas as Long-Term Debt/Eq ratio is at 60.05.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, JP Morgan on September 06, 2024, Downgraded its rating to Underweight and sets its target price to $20 from $18 previously.

On November 03, 2023, Goldman Downgraded its rating to Neutral which previously was Buy and also lowered its target price recommendation from $33 to $16.

On September 21, 2023, Barclays started tracking the stock assigning a Overweight rating and target price of $28.Barclays initiated its Overweight rating on September 21, 2023, with a $28 target price.

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 Feb 22 ’24 when Weaver Kirke bought 2,720 shares for $18.36 per share. The transaction valued at 49,939 led to the insider holds 15,181 shares of the business.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, OGN now has a Market Capitalization of 5141735424 and an Enterprise Value of 13093745664. As of this moment, Organon’s Price-to-Earnings (P/E) ratio for their current fiscal year is 5.14, and their Forward P/E ratio for the next fiscal year is 4.39. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.66. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.81 while its Price-to-Book (P/B) ratio in mrq is 35.71. Its current Enterprise Value per Revenue stands at 2.063 whereas that against EBITDA is 8.194.

Stock Price History:

Over the past 52 weeks, OGN has reached a high of $23.10, while it has fallen to a 52-week low of $10.84. The 50-Day Moving Average of the stock is -4.91%, while the 200-Day Moving Average is calculated to be 7.52%.

Shares Statistics:

Over the past 3-months, OGN traded about 1.62M shares per day on average, while over the past 10 days, OGN traded about 1545850 shares per day. A total of 257.47M shares are outstanding, with a floating share count of 256.93M. Insiders hold about 0.21% of the company’s shares, while institutions hold 80.41% stake in the company. Shares short for OGN as of 1724976000 were 7801231 with a Short Ratio of 4.82, compared to 1722384000 on 7858815. Therefore, it implies a Short% of Shares Outstanding of 7801231 and a Short% of Float of 4.04.

Dividends & Splits

OGN’s forward annual dividend rate is 1.12, up from 1.12 a year ago. Against a Trailing Annual Dividend Yield of 0.05450122

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