Merck & Co., Inc. (MRK)

NYSE: MRK · IEX Real-Time Price · USD
130.72
+3.72 (2.93%)
At close: Apr 25, 2024, 4:02 PM
130.66
-0.06 (-0.05%)
Pre-market: Apr 26, 2024, 6:11 AM EDT
2.93%
Market Cap 331.07B
Revenue (ttm) 60.12B
Net Income (ttm) 365.00M
Shares Out 2.53B
EPS (ttm) 0.14
PE Ratio 933.71
Forward PE 15.15
Dividend $3.08 (2.36%)
Ex-Dividend Date Mar 14, 2024
Volume 12,739,818
Open 129.69
Previous Close 127.00
Day's Range 128.76 - 132.80
52-Week Range 99.14 - 133.10
Beta 0.40
Analysts Buy
Price Target 131.08 (+0.28%)
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 $131.08, which is an increase of 0.28% from the latest price.

Price Target
$131.08
(0.28% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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...

18 hours 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.

22 hours 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.

1 day 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.

1 day 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.

1 day ago - Market Watch

Merck Announces First-Quarter 2024 Financial Results

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

1 day 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.

1 day 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
6 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...

21 days 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
22 days 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.

22 days 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.

22 days 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.

22 days 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...

22 days 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.

23 days 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
23 days 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.

24 days 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.

4 weeks ago - Bloomberg Markets and Finance

European Commission Approves Merck's KEYTRUDA® (pembrolizumab) Plus Chemotherapy as Neoadjuvant Treatment, Then Continued as Monotherapy as Adjuvant Treatment, for Resectable Non-Small Cell Lung Cancer (NSCLC) at High Risk of Recurrence in Adults

RAHWAY, N.J.--(BUSINESS WIRE)---- $MRK #MRK--Merck (NYSE: MRK), known as MSD outside of the United States and Canada, today announced that the European Commission (EC) has approved KEYTRUDA, Merck's a...

4 weeks ago - Business Wire

Stock Market Today: Dow Outperforms as Merck Hits New High

The S&P 500 and Dow Jones Industrial Average snapped three-day losing streaks as drugmaker Merck rallied.

4 weeks ago - Kiplinger

Three-Stock Lunch: Tesla, Merck, and RH

Jerry Castellini, Castle Ark Management president and CIO, joins 'Power Lunch' to discuss Castellini's investing take on three stocks: Tesla, Merck, and RH.

Other symbols: RHTSLA
4 weeks ago - CNBC Television

MRK Rallies on Drug Approval & MRNA Researches Flu

Merck (MRK) rallies after FDA drug approval. Kevin Green discusses this as Merck receives FDA approval for drug Winrevair to treat pulmonary arterial hypertension.

4 weeks ago - Schwab Network

FDA approves Merck treatment for lung disease, stock rises

The Food and Drug Administration has approved Winrevair, Merck's (MRK) latest drug to treat pulmonary arterial hypertension, a lung condition. Investors have been anxiously awaiting the approval as th...

4 weeks ago - Yahoo Finance

Merck's stock rallies toward a record after FDA OKs arterial-hypertension drug

Shares of Merck & Co. Inc. rallied into record territory Wednesday, after the drug giant's treatment for pulmonary arterial hypertension, Winrevair, was approved by the U.S. Food and Drug Administrati...

4 weeks ago - Market Watch

FDA Approves Merck's WINREVAIR™ (sotatercept-csrk), a First-in-Class Treatment for Adults with Pulmonary Arterial Hypertension (PAH, WHO* Group 1)

RAHWAY, N.J.--(BUSINESS WIRE)---- $MRK #MRK--FDA Approves Merck's WINREVAIR™ (sotatercept-csrk), a First-in-Class Treatment for Adults with Pulmonary Arterial Hypertension.

4 weeks ago - Business Wire