A share price of Merck & Co Inc [MRK] is currently trading at $99.86, up 2.48%. An important factor to consider is whether the stock is rising or falling in short-term value. The MRK shares have gain 1.53% over the last week, with a monthly amount drifted -6.13%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Previously, Daiwa Securities downgraded its rating to Neutral on November 11, 2024. On October 17, 2024, Bernstein initiated with a Mkt Perform rating and assigned a price target of $115 on the stock. Societe Generale downgraded its rating to a Sell but stick to its price target of $104 on March 11, 2024. TD Cowen upgraded its rating to a Outperform and raised its price target to $135 on January 04, 2024. Deutsche Bank started tracking with a Buy rating for this stock on November 09, 2023, and assigned it a price target of $115. In a note dated October 27, 2023, BMO Capital Markets upgraded an Outperform rating on this stock but restated the target price of $132.
Merck & Co Inc experienced fluctuations in its stock price throughout the past year between $94.48 and $134.63. Currently, Wall Street analysts expect the stock to reach $128.89 within the next 12 months. Merck & Co Inc [NYSE: MRK] shares were valued at $99.86 at the most recent close of the market. An investor can expect a potential return of 29.07% based on the average MRK price forecast.
Analyzing the MRK fundamentals
Trailing Twelve Months sales for Merck & Co Inc [NYSE:MRK] were 62.89B which represents 4.42% growth. Gross Profit Margin for this corporation currently stands at 0.76% with Operating Profit Margin at 0.25%, Pretax Profit Margin comes in at 0.22%, and Net Profit Margin reading is 0.19%. To continue investigating profitability, this company’s Return on Assets is posted at 0.12, Equity is 0.29 and Total Capital is 0.21. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.86.
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 97.71 points at the first support level, and at 95.57 for the second support level. However, for the 1st resistance point, the stock is sitting at 101.24, and for the 2nd resistance point, it is at 102.63.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Merck & Co Inc [NYSE:MRK] is 1.36. On the other hand, the Quick Ratio is 1.15, and the Cash Ratio is 0.49. Considering the valuation of this stock, the price to sales ratio is 4.02, the price to book ratio is 5.68 and price to earnings (TTM) ratio is 20.92.
Transactions by insiders
Recent insider trading involved Merck & Co., Inc., 10% Owner, that happened on Mar 11 ’24 when 21.4 million shares were purchased. EVP & CFO, Litchfield Caroline completed a deal on Feb 14 ’24 to sell 38291.0 shares. Meanwhile, Chairman, CEO & President Davis Robert M sold 0.15 million shares on Feb 13 ’24.