Merck & Co., Inc. (NYSE:MRK – Get Free Report) updated its FY 2025 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of 8.870-8.970 for the period, compared to the consensus estimate of 8.903. The company issued revenue guidance of $64.3 billion-$65.3 billion, compared to the consensus revenue estimate of $65.0 billion.
Analyst Upgrades and Downgrades
Several analysts have recently issued reports on MRK shares. Citigroup restated a “neutral” rating and issued a $84.00 price objective (down from $115.00) on shares of Merck & Co., Inc. in a research report on Wednesday, May 14th. Morgan Stanley dropped their price target on Merck & Co., Inc. from $99.00 to $98.00 and set an “equal weight” rating for the company in a research note on Thursday, July 10th. Wall Street Zen lowered Merck & Co., Inc. from a “strong-buy” rating to a “buy” rating in a research note on Friday, April 25th. Cantor Fitzgerald lowered Merck & Co., Inc. from an “overweight” rating to a “cautious” rating in a research note on Tuesday, May 20th. Finally, Wells Fargo & Company dropped their price target on Merck & Co., Inc. from $97.00 to $90.00 and set an “equal weight” rating for the company in a research note on Wednesday. One analyst has rated the stock with a sell rating, twelve have assigned a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, Merck & Co., Inc. presently has a consensus rating of “Hold” and a consensus price target of $107.44.
Check Out Our Latest Analysis on MRK
Merck & Co., Inc. Stock Performance
Merck & Co., Inc. (NYSE:MRK – Get Free Report) last posted its quarterly earnings data on Tuesday, July 29th. The company reported $2.13 EPS for the quarter, beating analysts’ consensus estimates of $2.03 by $0.10. The company had revenue of $15.81 billion during the quarter, compared to analyst estimates of $15.92 billion. Merck & Co., Inc. had a net margin of 25.79% and a return on equity of 41.63%. Analysts forecast that Merck & Co., Inc. will post 9.01 earnings per share for the current fiscal year.
Merck & Co., Inc. Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 7th. Investors of record on Monday, September 15th will be issued a $0.81 dividend. The ex-dividend date is Monday, September 15th. This represents a $3.24 dividend on an annualized basis and a yield of 3.96%. Merck & Co., Inc.’s dividend payout ratio is currently 47.16%.
Hedge Funds Weigh In On Merck & Co., Inc.
A hedge fund recently raised its stake in Merck & Co., Inc. stock. Brighton Jones LLC raised its stake in shares of Merck & Co., Inc. (NYSE:MRK – Free Report) by 29.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 38,278 shares of the company’s stock after purchasing an additional 8,710 shares during the period. Brighton Jones LLC’s holdings in Merck & Co., Inc. were worth $3,808,000 as of its most recent SEC filing. 76.07% of the stock is owned by institutional investors and hedge funds.
About Merck & Co., Inc.
Merck & Co, Inc is a health care company, which engages in the provision of health solutions through its prescription medicines, vaccines, biologic therapies, animal health, and consumer care products. It operates through the following segments: Pharmaceutical, Animal Health, and Other. The Pharmaceutical segment includes human health pharmaceutical and vaccine products.
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