In recent trading session, Organon & Co. (NYSE:OGN) saw 1.14 million shares changing hands at last check today with its beta currently measuring 0.77. Company’s recent per share price level of $18.26 trading at -$0.57 or -3.00% at last check today assigns it a market valuation of $4.67B. That closing price of OGN’s stock is at a discount of -34.61% from its 52-week high price of $24.58 and is indicating a premium of 40.64% from its 52-week low price of $10.84. Taking a look at company’s average trading volume volume of 2.34 million if we extend that period to 3-months.
Organon & Co. (NYSE:OGN) trade information
Upright in the red during last session for losing -3.00%, in the last five days OGN remained trading in the red while hitting it’s week-highest on Thursday, 05/02/24 when the stock touched $18.26 price level, adding 8.2% to its value on the day. Organon & Co.’s shares saw a change of 26.66% in year-to-date performance and have moved -0.84% in past 5-day. Organon & Co. (NYSE:OGN) showed a performance of 1.98% in past 30-days.
Organon & Co. (OGN) estimates and forecasts
Statistics highlight that Organon & Co. is scoring comparatively lower than the scores of other players of the relevant industry. The company added 23.49% of value to its shares in past 6 months, showing an annual growth rate of 2.66% while that of industry is 12.40. Apart from that, the company came raising its revenue forecast for fiscal year 2024. This year revenue growth is estimated to rise 1.80% from the last financial year’s standing.
5 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 1.56B for the same. And 5 analysts are in estimates of company making revenue of 1.63B in the next quarter. Company posted 1.55B and 1.57B of sales in current and next quarters respectively a year earlier.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -14.04% during past 5 years. In 2024, company’s earnings growth rate is likely to be around 3.66% while estimates for its earnings growth in next 5 years are of -5.00%.
OGN Dividends
Organon & Co. is more likely to be releasing its next quarterly report in June and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.
