Merck & Co., Inc. (MRK)

NYSE: MRK · IEX Real-Time Price · USD
130.23
+0.68 (0.52%)
At close: May 9, 2024, 4:00 PM
130.27
+0.04 (0.03%)
After-hours: May 9, 2024, 7:42 PM EDT
0.52%
Market Cap 329.85B
Revenue (ttm) 61.40B
Net Income (ttm) 2.31B
Shares Out 2.53B
EPS (ttm) 0.90
PE Ratio 144.70
Forward PE 14.46
Dividend $3.08 (2.37%)
Ex-Dividend Date Mar 14, 2024
Volume 9,095,656
Open 128.94
Previous Close 129.55
Day's Range 128.94 - 130.50
52-Week Range 99.14 - 133.10
Beta 0.40
Analysts Buy
Price Target 131.15 (+0.71%)
Earnings Date Apr 25, 2024

About MRK

Merck & Co., Inc. operates as a healthcare company worldwide. It operates through two segments, Pharmaceutical and Animal Health. The Pharmaceutical segment offers human health pharmaceutical products in the areas of oncology, hospital acute care, immunology, neuroscience, virology, cardiovascular, and diabetes under the Keytruda, Bridion, Adempas, Lagevrio, Belsomra, Simponi, and Januvia brands, as well as vaccine products consisting of preventive pediatric, adolescent, and adult vaccines under the Gardasil/Gardasil 9, ProQuad, M-M-R II, Variv... [Read more]

Sector Healthcare
Founded 2000
Employees 72,000
Stock Exchange NYSE
Ticker Symbol MRK
Full Company Profile

Financial Performance

In 2023, Merck & Co.'s revenue was $60.12 billion, an increase of 1.40% compared to the previous year's $59.28 billion. Earnings were $365.00 million, a decrease of -97.49%.

Financial Statements

Analyst Forecast

According to 13 analysts, the average rating for MRK stock is "Buy." The 12-month stock price forecast is $131.15, which is an increase of 0.71% from the latest price.

Price Target
$131.15
(0.71% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Merck treatment for a type of uterus cancer fails trial

Merck said on Thursday its treatment for a type of uterus cancer did not meet the main goal of disease-free survival in a late-stage trial.

18 hours ago - Reuters

Merck to Participate in the Bank of America Securities 2024 Healthcare Conference

RAHWAY, N.J.--(BUSINESS WIRE)---- $MRK #MRK--Merck to Participate in the Bank of America Securities 2024 Healthcare Conference.

1 day ago - Business Wire

Press Release Biocartis NV: Biocartis and Merck to Collaborate on Improving Patient Access to Personalized Medicine in Middle East and North Africa (MEA) Region

PRESS RELEASE - 06/05/2024, 07:00 CEST Biocartis and Merck to Collaborate on Improving Patient Access to Personalized Medicine in Middle East and North Africa (MEA) Region Biocartis (Mechelen, Belgium...

4 days ago - GlobeNewsWire

Merck Announces Phase 3 KEYNOTE-811 Trial Met Dual Primary Endpoint of Overall Survival (OS) as First-Line Treatment in Patients With HER2-Positive Advanced Gastric or Gastroesophageal Junction (GEJ) Adenocarcinoma

RAHWAY, N.J.--(BUSINESS WIRE)---- $MRK #MRK--Merck Announces KEYNOTE-811 Trial Met Dual Primary Endpoint as First-Line Treatment in Patients With HER2-Positive Advanced Gastric or GEJ Cancer.

8 days ago - Business Wire

Is Merck Stock Fully Valued At $130?

Merck (NYSE: MRK) recently reported its Q1 results, with revenues and earnings exceeding our estimates. The company garnered $15.8 billion in revenue and adjusted earnings of $2.07 per share, compared...

8 days ago - Forbes

Merck Announces Positive Data for V116, an Investigational, 21-Valent Pneumococcal Conjugate Vaccine Specifically Designed for Adults

RAHWAY, N.J.--(BUSINESS WIRE)---- $MRK #MRK--Merck Announces Positive Data for V116, an Investigational, 21-Valent Pneumococcal Conjugate Vaccine Specifically Designed for Adults.

10 days ago - Business Wire

Merck's Cancer Drug and Vaccine Sales Drive Better-Than-Expected Results

Merck (MRK) shares advanced in intraday trading Thursday after the pharmaceutical firm reported better-than-expected quarterly results, and raised and narrowed its guidance on strong sales of its bloc...

14 days ago - Investopedia

Merck beats earnings expectations; raises outlook on strong Keytruda and vaccine sales

CNBC's Joe Kernen reports on the company's quarterly earnings results.

14 days ago - CNBC Television

Merck raises 2024 profit forecast on strong cancer, HPV drugs sales

Merck & Co on Thursday raised its annual profit and revenue forecast on the back of strong sales for its blockbuster cancer drug Keytruda and human papillomavirus (HPV) vaccine Gardasil.

14 days ago - Reuters

Merck beats earnings expectations, raises outlook on strong Keytruda and vaccine sales

The first-quarter results come as Merck shows substantial progress in preparing for Keytruda's patent expiration in 2028.

14 days ago - CNBC

Merck's first-quarter results beat expectations amid healthy vaccine-sales growth

Merck & Co. Inc. on Thursday reported first-quarter results that beat analysts' expectations amid strong sales of vaccines and cancer drug Keytruda.

14 days ago - Market Watch

Merck Announces First-Quarter 2024 Financial Results

RAHWAY, N.J.--(BUSINESS WIRE)---- $MRK #MRK--Merck Announces First-Quarter 2024 Financial Results.

14 days ago - Business Wire

Higher Keytruda Sales To Drive Merck's Q1?

Merck (NYSE: MRK) will report its Q1 2024 results on Thursday, April 25. We expect the company to post revenue of $15.2 billion and adjusted earnings of $1.97, slightly ahead of the street estimates.

15 days ago - Forbes

Cramer's week ahead: Earnings from Tesla, Merck and Big Tech

CNBC's Jim Cramer said next week's PCE index report will be the real gauge of inflation.

Other symbols: TSLA
20 days ago - CNBC

Merck Initiates Phase 3 Clinical Trial of MK-1084, an Investigational Oral KRAS G12C Inhibitor, in Combination with KEYTRUDA® (pembrolizumab) for First-Line Treatment of Certain Patients With Metastatic Non-Small Cell Lung Cancer

RAHWAY, N.J.--(BUSINESS WIRE)--Merck (NYSE: MRK), known as MSD outside of the United States and Canada, today announced it has initiated a Phase 3 clinical trial evaluating MK-1084, an investigational...

5 weeks ago - Business Wire

Big Pharma Stocks Need a Rethink. Investors Keep Making the Same Mistake.

Pfizer's patent expirations are great for humanity but terrible for investors. It's a common story across the drug industry.

Other symbols: BMYJNJPFE
5 weeks ago - Barrons

Merck Foundation announced ‘‘Diabetes and Hypertension'' Media Recognition Awards 2024 for Asian Countries

MUMBAI, India--(BUSINESS WIRE)-- #Diabetes--Merck Foundation announced "Diabetes and Hypertension" Media Recognition Awards 2024 for Asian Countries.

5 weeks ago - Business Wire

Merck Foundation Announced "Diabetes and Hypertension" Media Recognition Awards 2024 for Latin American Countries

SAN JOSÉ, Costa Rica--(BUSINESS WIRE)-- #Diabetes--Merck Foundation announced "Diabetes and Hypertension" Media Recognition Awards 2024 for Latin American Countries.

5 weeks ago - Business Wire

REJOICE-Ovarian01 Phase 2/3 Trial of Raludotatug Deruxtecan Initiated in Patients with Platinum-Resistant Ovarian Cancer

BASKING RIDGE, N.J. & RAHWAY, N.J.--(BUSINESS WIRE)--REJOICE-Ovarian01 Phase 2/3 Trial of Raludotatug Deruxtecan Initiated in Patients with Platinum-Resistant Ovarian Cancer.

5 weeks ago - Business Wire

Merck's Corporate Venture M Ventures Arm Backs Nucleai to Advance Its First-in-class Spatial AI Biomarker in Active Clinical Enrollment

CHICAGO--(BUSINESS WIRE)--Nucleai, a spatial AI biomarker company that deciphers cellular conversations and maps cellular interactions within tissue samples to predict therapeutic outcomes, has secure...

5 weeks ago - Business Wire

Merck Continues the Fight against Schistosomiasis in a Storytelling Lab

ADDIS ABABA, Ethiopia--(BUSINESS WIRE)-- #BilharziaStorytellingLab--On March 22, 2024, Merck announced the winners of its third Bilharzia Storytelling Lab in Addis Ababa, Ethiopia.

5 weeks ago - Business Wire

After A 30% Fall In A Year Is Pfizer Stock A Better Pick Over Merck?

Given its attractive valuation, we believe Pfizer stock (NYSE: PFE) is a better pick than its peer — Merck stock (NYSE: MRK). MRK trades at a higher valuation multiple of 5.6x revenues vs.

Other symbols: PFE
5 weeks ago - Forbes

Merck to Hold First-Quarter 2024 Sales and Earnings Conference Call April 25

RAHWAY, N.J.--(BUSINESS WIRE)---- $MRK #MRK--Merck to Hold First-Quarter 2024 Sales and Earnings Conference Call April 25.

5 weeks ago - Business Wire

Merck CEO on Winrevair Approval, Obesity Drug, Health Costs

Merck Chair and CEO Robert M. Davis discusses the US approval of Winrevair, a new treatment for a rare, dangerous form of high blood pressure.

6 weeks ago - Bloomberg Markets and Finance