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In the latest session, Merck & Co Inc (NYSE: MRK) closed at $114.96 down -0.58% from its previous closing price of $115.63. In other words, the price has decreased by -$0.58 from its previous closing price. On the day, 9.83 million shares were traded. MRK stock price reached its highest trading level at $116.24 during the session, while it also had its lowest trading level at $114.32.
Ratios:
For a deeper understanding of Merck & Co Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 25.57 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 22.16. For the most recent quarter (mrq), Quick Ratio is recorded 1.22 and its Current Ratio is at 1.47. In the meantime, Its Debt-to-Equity ratio is 0.87 whereas as Long-Term Debt/Eq ratio is at 0.80.
On January 04, 2024, TD Cowen Upgraded its rating to Outperform which previously was Market Perform and also upped its target price recommendation from $125 to $135.
On November 09, 2023, Deutsche Bank started tracking the stock assigning a Buy rating and target price of $115.Deutsche Bank initiated its Buy rating on November 09, 2023, with a $115 target price.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, MRK now has a Market Capitalization of 291401760768 and an Enterprise Value of 317901668352. As of this moment, Merck’s Price-to-Earnings (P/E) ratio for their current fiscal year is 21.31, and their Forward P/E ratio for the next fiscal year is 11.81. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.69 while its Price-to-Book (P/B) ratio in mrq is 6.69. Its current Enterprise Value per Revenue stands at 5.088 whereas that against EBITDA is 13.452.
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 $99.14. The 50-Day Moving Average of the stock is -2.41%, while the 200-Day Moving Average is calculated to be -6.05%.
Shares Statistics:
For the past three months, MRK has traded an average of 9.87M shares per day and 9744290 over the past ten days. A total of 2.53B shares are outstanding, with a floating share count of 2.53B. Insiders hold about 0.10% of the company’s shares, while institutions hold 78.82% stake in the company. Shares short for MRK as of 1724976000 were 25914739 with a Short Ratio of 2.63, compared to 1722384000 on 26717858. Therefore, it implies a Short% of Shares Outstanding of 25914739 and a Short% of Float of 1.0199999.
Dividends & Splits
According to the company, the forward annual dividend rate for MRK is 3.08, from 3.0 in the trailing year. Against a Trailing Annual Dividend Yield of 0.025944825The stock’s 5-year Average Dividend Yield is 2.89.
