Trading Day Triumph: Organon & Co. (OGN) Ends at 20.14, a 0.15 Surge/Plunge

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Organon & Co. (NYSE: OGN) closed the day trading at $20.14 up 0.15% from the previous closing price of $20.11. In other words, the price has increased by $0.15 from its previous closing price. On the day, 1.07 million shares were traded. OGN stock price reached its highest trading level at $20.46 during the session, while it also had its lowest trading level at $20.12.

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 9.01 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 10.16. For the most recent quarter (mrq), Quick Ratio is recorded 1.15 and its Current Ratio is at 1.65. In the meantime, Its Debt-to-Equity ratio is 181.54 whereas as Long-Term Debt/Eq ratio is at 181.35.

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, Goldman on November 03, 2023, Downgraded its rating to Neutral and sets its target price to $16 from $33 previously.

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

On March 16, 2023, Raymond James started tracking the stock assigning a Outperform rating and target price of $33.Raymond James initiated its Outperform rating on March 16, 2023, with a $33 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 5179423744 and an Enterprise Value of 13318418432. As of this moment, Organon’s Price-to-Earnings (P/E) ratio for their current fiscal year is 4.94, 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 1.70. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.82 while its Price-to-Book (P/B) ratio in mrq is 107.35. Its current Enterprise Value per Revenue stands at 2.098 whereas that against EBITDA is 8.361.

Stock Price History:

The Beta on a monthly basis for OGN is 0.81, which has changed by -0.03126502 over the last 52 weeks, in comparison to a change of 0.2553556 over the same period for the S&P500. Over the past 52 weeks, OGN has reached a high of $24.08, while it has fallen to a 52-week low of $10.84. The 50-Day Moving Average of the stock is -1.90%, while the 200-Day Moving Average is calculated to be 18.56%.

Shares Statistics:

Over the past 3-months, OGN traded about 1.87M shares per day on average, while over the past 10 days, OGN traded about 1229510 shares per day. A total of 257.17M shares are outstanding, with a floating share count of 256.65M. Insiders hold about 0.20% of the company’s shares, while institutions hold 80.26% stake in the company. Shares short for OGN as of 1718323200 were 7957192 with a Short Ratio of 4.25, compared to 1715731200 on 8112079. Therefore, it implies a Short% of Shares Outstanding of 7957192 and a Short% of Float of 4.1300002000000005.

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 0.055693682

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