Investors may find better financial performance in Organon & Co. (OGN)

A share price of Organon & Co. [OGN] is currently trading at $18.50, down -1.60%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The OGN shares have gain 4.05% over the last week, with a monthly amount glided 6.26%, and seem to be holding up well over a long-time horizon.

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On 8, March 2024, On International Women’s Day, Organon Canada is encouraging businesses to Invest in HER and help address gender inequities through women’s health. In a post published today on Yahoo Finance, Organon Canada launches ‘HER Professional Journey’ to support female employees to navigate their career paths, and announces a new commitment to funding menopause-related education.

From an analyst’s perspective:

Organon & Co. [NYSE: OGN] stock has seen the most recent analyst activity on November 03, 2023, when Goldman downgraded its rating to a Neutral and also revised its price target to $16 from $33. Previously, Barclays started tracking the stock with Overweight rating on September 21, 2023, and set its price target to $28. On March 16, 2023, Raymond James initiated with a Outperform rating and assigned a price target of $33 on the stock. BofA Securities downgraded its rating to a Underperform and decreased its price target to $25 on October 14, 2022. Piper Sandler upgraded its rating to a Overweight and reduced its price target to $34 on September 06, 2022. BofA Securities downgraded its rating to Neutral for this stock on August 05, 2022, and downed its price target to $37. In a note dated April 27, 2022, Goldman initiated an Buy rating and provided a target price of $40 on this stock.

Organon & Co. experienced fluctuations in its stock price throughout the past year between $10.84 and $24.79. Currently, Wall Street analysts expect the stock to reach $34 within the next 12 months. Organon & Co. [NYSE: OGN] shares were valued at $18.50 at the most recent close of the market. An investor can expect a potential return of 83.78% based on the average OGN price forecast.

Analyzing the OGN fundamentals

Trailing Twelve Months sales for Organon & Co. [NYSE:OGN] were 6.26B which represents 7.61% growth. Gross Profit Margin for this corporation currently stands at 0.6% with Operating Profit Margin at 0.1%, Pretax Profit Margin comes in at 0.11%, and Net Profit Margin reading is 0.16%. To continue investigating profitability, this company’s Return on Assets is posted at 0.08, Equity is -2.1 and Total Capital is 0.07. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of-125.14.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 18.28 points at the first support level, and at 18.06 for the second support level. However, for the 1st resistance point, the stock is sitting at 18.77, and for the 2nd resistance point, it is at 19.04.

Organon & Co. [OGN] reported earnings per share of $0.88 for its fiscal quarter that ended on 12/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $0.83/share, meaning a difference of $0.05 and a surprise factor of 6.00%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were $0.87 per share as compared to estimates of $1.06 per share, a difference of -$0.19 representing a surprise of -17.90%.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Organon & Co. [NYSE:OGN] is 1.54. Further, the Quick Ratio stands at 1.09, while the Cash Ratio is 0.24. Considering the valuation of this stock, the price to sales ratio is 0.76 and price to earnings (TTM) ratio is 4.64.

Transactions by insiders

Recent insider trading involved Weaver Kirke, Gen. Counsel & Corp. Secy., that happened on Feb 22 ’24 when 2720.0 shares were purchased.

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