Is Merck & Co Inc (NYSE: MRK) Still On The Rise?

After Hours

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Stocks Info

This NYSE-listed company operates within the Drug Manufacturers – General industry segment, falling under the Healthcare sector. The current market capitalization of Merck & Co Inc is $281.52B. A total of 9.69 million shares were traded on the day, compared to an average of 9.34M shares.

In the most recent transaction, Merck & Co., Inc. bought 21,397,205 shares of MRK for 23.00 per share on Mar 11 ’24. After the transaction, the 10% Owner now owns 1,000 company shares. In a previous transaction on Feb 14 ’24, Davis Robert M sold 85,021 shares at 125.40 per share. MRK shares that Chairman, CEO & President owns now total 348,327.

Among the insiders who sold shares, Litchfield Caroline disposed of 38,291 shares on Feb 14 ’24 at a per-share price of $125.50. This resulted in the EVP & CFO holding 50,908 shares of MRK after the transaction. In another insider transaction, Davis Robert M sold 150,000 shares at $125.85 per share on Feb 13 ’24. Company shares held by the Chairman, CEO & President now total 348,327.

Dividend

The income generated by dividends is an indication that a company is improving its financial position, which is why investors prefer companies paying dividends. Merck & Co Inc pays an annual dividend of $3.04, resulting in a dividend yield of 2.74%, and it has a price to earnings (P/E) ratio of 20.60. MRK’s most recent ex-dividend date was 9/16/2024 when it declared a $0.77 quarterly dividend that was paid in cash on 10/7/2024. Previously, the company paid the dividend on 7/8/2024 with an ex-dividend date of 6/17/2024. The MRK stock dividend was $0.77 per share in cash.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. In terms of 52-week highs and lows, MRK has a high of $134.63 and a low of $99.14.

As of this writing, MRK has an earnings estimate of $1.79 per share for the current quarter. EPS was calculated based on a consensus of 14.0 estimates, with a high estimate of $2.13 per share and a lower estimate of $1.62.

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. MRK’s latest balance sheet shows that the firm has $8.10B in Cash & Short Term Investments as of fiscal 2021. There were $33.10B in debt and $23.87B in liabilities at the time. Its Book Value Per Share was $17.19, while its Total Shareholder’s Equity was $38.26B.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for MRK is Buy with a score of 4.83.

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