Currently, there are 2.54B common shares owned by the public and among those 2.53B shares have been available to trade.
Insiders at the company have transacted a total of 67 times over the past 12 months, according to data filed with the U.S. Securities and Exchange Commission (SEC). 29 of these insider trades were purchases, accounting for 542,343 shares. Insider sales of the common stock occurred on 38 occasions, with total insider shares sold totaling 609,135 shares.
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The company’s stock has a 5-day price change of 4.63% and 22.91% over the past three months. MRK shares are trading 15.95% year to date (YTD), with the 12-month market performance up to 18.16% higher. It has a 12-month low price of $99.14 and touched a high of $126.43 over the same period. MRK has an average intraday trading volume of 8.48 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 5.82%, 13.86%, and 15.65% respectively.
Institutional ownership of Merck & Co Inc (NYSE: MRK) shares accounts for 77.02% of the company’s 2.54B shares outstanding.
It has a market capitalization of $320.33B and a beta (3y monthly) value of 0.38. The stock’s trailing 12-month PE ratio is 956.20, while the earnings-per-share (ttm) stands at $0.13. The company has a PEG of 14.19 and a Quick Ratio of 1.12 with the debt-to-equity ratio at 0.85. Price movements for the stock have been influenced by the stock’s volatility, which stands at 1.64% over the week and 1.43% over the month.
Analysts forecast that Merck & Co Inc (MRK) will achieve an EPS of $Remark Holdings, Inc. for the current quarter, $0.60 for the next quarter and $Stocks for Type. The lowest estimate earnings-per-share for the quarter is $Marathon Oil Corporation while analysts give the company a high EPS estimate of $Vanguard Mega Cap Growth ETF. Comparatively, EPS for the current quarter was $McKesson Corporation a year ago. Earnings per share for the fiscal year are expected to increase by 463.88%, and 13.40% over the next financial year. EPS should grow at an annualized rate of 67.41% over the next five years, compared to -42.70% over the past 5-year period.
Looking at the support for the MRK, a number of firms have released research notes about the stock. TD Cowen stated their Outperform rating for the stock in a research note on January 04, 2024, with the firm’s price target at $125-$135.
