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The closing price of Organon & Co (NYSE: OGN) was $12.64 for the day, up 8.50% from the previous closing price of $11.65. In other words, the price has increased by $8.50 from its previous closing price. On the day, 7.08 million shares were traded. OGN stock price reached its highest trading level at $12.7 during the session, while it also had its lowest trading level at $11.05.
Ratios:
Our analysis of OGN’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.83 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 4.27. For the most recent quarter (mrq), Quick Ratio is recorded 1.11 and its Current Ratio is at 1.60. In the meantime, Its Debt-to-Equity ratio is 19.14 whereas as Long-Term Debt/Eq ratio is at 19.01.
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.
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 3260488192 and an Enterprise Value of 11727249408. As of this moment, Organon’s Price-to-Earnings (P/E) ratio for their current fiscal year is 3.79, and their Forward P/E ratio for the next fiscal year is 3.14. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 11.85. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.51 while its Price-to-Book (P/B) ratio in mrq is 6.90. Its current Enterprise Value per Revenue stands at 1.832 whereas that against EBITDA is 6.644.
Stock Price History:
The Beta on a monthly basis for OGN is 0.81, which has changed by -0.3085339 over the last 52 weeks, in comparison to a change of 0.049593568 over the same period for the S&P500. Over the past 52 weeks, OGN has reached a high of $23.10, while it has fallen to a 52-week low of $11.47. The 50-Day Moving Average of the stock is -15.38%, while the 200-Day Moving Average is calculated to be -27.55%.
Shares Statistics:
OGN traded an average of 3.45M shares per day over the past three months and 4165810 shares per day over the past ten days. A total of 257.80M shares are outstanding, with a floating share count of 257.08M. Insiders hold about 0.34% of the company’s shares, while institutions hold 82.24% stake in the company. Shares short for OGN as of 1741910400 were 18361214 with a Short Ratio of 5.32, compared to 1739491200 on 18450673. Therefore, it implies a Short% of Shares Outstanding of 18361214 and a Short% of Float of 9.49.
Dividends & Splits
With its trailing 12-month dividend rate of 1.12, OGN has a forward annual dividend rate of 1.12. Against a Trailing Annual Dividend Yield of 0.096137345
