Currently, there are 2.53B common shares owned by the public and among those 2.53B shares have been available to trade.
The company’s stock has a 5-day price change of 1.86% and -7.70% over the past three months. MRK shares are trading 1.51% year to date (YTD), with the 12-month market performance down to -15.04% lower. It has a 12-month low price of $94.48 and touched a high of $134.63 over the same period. MRK has an average intraday trading volume of 11.09 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 1.25%, 0.65%, and -13.25% respectively.
Institutional ownership of Merck & Co Inc (NYSE: MRK) shares accounts for 78.96% of the company’s 2.53B shares outstanding.
It has a market capitalization of $255.44B and a beta (3y monthly) value of 0.40. The stock’s trailing 12-month PE ratio is 21.15, while the earnings-per-share (ttm) stands at $4.77. The company has a PEG of 0.76 and a Quick Ratio of 1.15 with the debt-to-equity ratio at 0.86. Price movements for the stock have been influenced by the stock’s volatility, which stands at 2.29% over the week and 1.86% over the month.
Earnings per share for the fiscal year are expected to increase by 409.82%, and 20.67% over the next financial year. EPS should grow at an annualized rate of 28.00% 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. Truist stated their Hold rating for the stock in a research note on January 08, 2025, with the firm’s price target at $110. BMO Capital Markets coverage for the Merck & Co Inc (MRK) stock in a research note released on December 20, 2024 offered a Market Perform rating with a price target of $105. BofA Securities was of a view on December 10, 2024 that the stock is Buy, while HSBC Securities gave the stock Buy rating on December 04, 2024, issuing a price target of $130. Wolfe Research on their part issued Peer Perform rating on November 15, 2024.
