The growth track for Organon & Co (OGN) has changed recently

With 2.31 million shares changed hands, the volume of the stock remained heavier than its average volume of 2.26 million shares. During the session, the Drug Manufacturers – General company that operates in wider Healthcare sector, reached to the highest price of $14.77 whereas the lowest price it dropped to was $14.46. The 52-week range on OGN shows that it touched its highest point at $23.10 and its lowest point at $10.84 during that stretch. It currently has a 1-year price target of $22.38. With its current market cap of 3.79 billion, OGN has annualized dividend of $1.12 while the current yield stands at 7.60%. Beta for the stock currently stands at 0.73.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of OGN was down-trending over the past week, with a drop of -5.64%, but this was down by -15.10% over a month. Three-month performance dropped to -29.49% while six-month performance fell -32.92%. The stock gained 31.64% in the past year, while it has gained 2.15% so far this year. A look at the trailing 12-month EPS for OGN yields 5.04 with Next year EPS estimates of 4.24. For the next quarter, that number is 0.93. This implies an EPS growth rate of -0.39% for this year and 2.73% for next year. EPS is expected to grow by 4.83% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -14.04%.

Float and Shares Shorts:

At present, 257.54 million OGN shares are outstanding with a float of 256.97 million shares on hand for trading. On 2024-10-31, short shares totaled 14.15 million, which was 548.9999799999999 higher than short shares on 1727654400. In addition to Mr. Kevin Ali as the firm’s CEO & Director, Mr. Matthew M. Walsh C.F.A. serves as its Executive VP & CFO.

Institutional Ownership:

Through their ownership of 0.81689 of OGN’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, OGN reported revenue of $1582000000.0 and operating income of $390000000.0. The EBITDA in the recently reported quarter was $459000000.0 and diluted EPS was $1.38.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for OGN since 3 analysts follow the stock currently. There are 2 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With OGN analysts setting a high price target of 29.0 and a low target of 17.0, the average target price over the next 12 months is 22.375. Based on these targets, OGN could surge 96.88% to reach the target high and rise by 15.41% to reach the target low. Reaching the average price target will result in a growth of 51.9% from current levels.

Analysts have provided yearly estimates in a range of $4.30391 being high and $4.02366 being low. For OGN, this leads to a yearly average estimate of $4.12375.