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ETR:MRK

Merck KGaA (MRK) Stock Price, News & Analysis

€168.80
-1.15 (-0.68%)
(As of 09/6/2024 ET)
Today's Range
€167.65
€171.30
50-Day Range
€149.15
€175.85
52-Week Range
€134.30
€177.00
Volume
245,020 shs
Average Volume
N/A
Market Capitalization
$21.82 billion
P/E Ratio
27.99
Dividend Yield
1.30%
Price Target
N/A
MRK stock logo

About Merck KGaA Stock (ETR:MRK)

Merck KGaA operates as a science and technology company in Germany. It operates through Life Science, Healthcare, and Electronics segments. The company's Life Science segment offers tools, chemicals, and equipment for academic labs, biotech, and pharmaceutical manufacturers, as well as industrial sector. This segment provides drug manufacturers with process development expertise and technologies, such as continuous bioprocessing; testing kits and services; reagents and services; testing solutions that analyze air, water, and soil; and testing and tools, as well as products that help test nutritional value and identify quality inconsistencies. Its Healthcare segment discovers, develops, manufacturers, and markets prescription drugs and biopharmaceuticals for the treatment of oncology, neurology and immunology, fertility, endocrinology, as well as cardiovascular, diabetes, thyroid disorders, and multiple sclerosis; general medicines; and injection device and disease monitoring software. The Electronics segment supplies materials for the semiconductor and display industries and surface design, such as delivery systems and services, as well as surface solutions, including cosmetics, effect pigments, and functional solutions. In addition, it has in-licensing agreement with Debiopharm International SA for developing and commercializing drug candidates for the treatment of head and neck cancer; Jiangsu Hengrui Pharmaceuticals Co. Ltd. for developing, manufacturing, and commercializing drug candidates for the treatment of metastatic colorectal cancer; and Abbisko Therapeutics Co. Ltd. for developing and commercializing of drug candidates for the treatment of tenosynovial giant cell tumor, as well as license and collaboration agreement with Merck KGaA to discover two targeted protein degraders against critical oncogenic proteins. The company was founded in 1668 and is headquartered in Darmstadt, Germany. Merck KGaA operates as a subsidiary of E. Merck KGaA.

MRK Stock Price History

MRK Stock News Headlines

Merck's Winrevair Approved For Pulmonary Arterial Hypertension In Canada
The death of Nvidia?
Today, I’m warning of another looming catastrophe. Only this time, it’s not in pot stocks, cryptos, or U.S. housing… it's in artificial intelligence. And unless you know what’s really going on in this sector, you could be wiped out. You see, while there is no doubt that the recent advancements in artificial intelligence are game-changing and will drive colossal innovation in every sector of the economy... There's also no escaping that The Big AI Die-Up is coming.
Merck's Change To Profit Guidance Provides An Opportunity
Merck snaps six straight sessions of gains
The death of Nvidia?
Today, I’m warning of another looming catastrophe. Only this time, it’s not in pot stocks, cryptos, or U.S. housing… it's in artificial intelligence. And unless you know what’s really going on in this sector, you could be wiped out. You see, while there is no doubt that the recent advancements in artificial intelligence are game-changing and will drive colossal innovation in every sector of the economy... There's also no escaping that The Big AI Die-Up is coming.
Jefferies Keeps Their Buy Rating on Merck & Company (MRK)
See More Headlines
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Industry, Sector and Symbol

Sector
Medical
Industry
Drug Manufacturers - Specialty & Generic
Sub-Industry
Pharmaceutical Products
CIK
N/A
Fax
N/A
Employees
69,000
Year Founded
N/A

Profitability

Net Income
$2.63 billion
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$20.87 billion
Cash Flow
€4.20 per share
Book Value
€65.85 per share

Miscellaneous

Free Float
N/A
Market Cap
$21.82 billion
Optionable
Not Optionable
Beta
0.71
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Key Executives

  • Ms. Belen Garijo Lopez M.D. (Age 64)
    Chair of Executive Board & CEO
    Comp: $6.62M
  • Ms. Helene von Roeder (Age 54)
    CFO & Member of Executive Board
    Comp: $1.23M
  • Dr. Kai Beckmann (Age 59)
    CEO of Electronics & Member of the Executive Board
    Comp: $4.85M
  • Mr. Peter Guenter (Age 62)
    CEO of Healthcare Business & Member of Executive Board
    Comp: $5.58M
  • Dr. Matthias J. Heinzel (Age 57)
    CEO of Life Science Sector & Member of Executive Board
    Comp: $5.22M
  • Ms. Barbara Weiland (Age 50)
    Chief Compliance Officer
  • Mr. Dietmar Eidens (Age 66)
    Head of the Global HR Business Partner Organization
  • Mr. Frank Gotthardt
    Head of Corporate & Government Relations - Europe
  • Mr. Marc Horn (Age 49)
    Head of Life Science Controlling
  • Dr. Michael Heckmeier (Age 57)
    Head of the Display Materials Business Unit for Performance Materials

Should I Buy Merck KGaA Stock? MRK Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Merck KGaA:

  • Merck KGaA (MRK) stock is currently trading up 1.3% as of 08/11/2024, indicating positive market sentiment.
  • Merck KGaA operates in diverse segments including Life Science, Healthcare, and Electronics, providing a broad revenue base.
  • The company has a strong presence in drug manufacturing for various therapeutic areas, offering a wide range of prescription drugs and biopharmaceuticals.
  • Merck KGaA has strategic collaborations with reputable companies like Debiopharm International SA and Abbisko Therapeutics Co. Ltd., enhancing its drug development pipeline.
  • The company's focus on continuous bioprocessing and innovative technologies in the Life Science segment positions it well for future growth in the biotech and pharmaceutical industries.

Cons

Investors should be bearish about investing in Merck KGaA for these reasons:

  • Market volatility and regulatory challenges in the pharmaceutical industry can impact Merck KGaA's stock performance.
  • Competition from other pharmaceutical companies in developing new drugs and treatments may pose a threat to Merck KGaA's market share.
  • Global economic conditions and geopolitical factors can influence the demand for healthcare products, affecting Merck KGaA's revenue streams.
  • Risks associated with clinical trials and drug development processes could lead to delays or failures in bringing new products to market, impacting the company's financial performance.
  • Changes in healthcare policies and regulations in different regions may affect Merck KGaA's pricing strategies and market access for its products.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Monday, August 19, 2024. Please send any questions or comments about these Merck KGaA pros and cons to contact@marketbeat.com.

MRK Stock Analysis - Frequently Asked Questions

How have MRK shares performed this year?

Merck KGaA's stock was trading at €144.10 at the beginning of the year. Since then, MRK shares have increased by 17.1% and is now trading at €168.80.
View the best growth stocks for 2024 here
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What other stocks do shareholders of Merck KGaA own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Merck KGaA investors own include AbbVie (ABBV), Chevron (CVX), Dynavax Technologies (DVAX), Gilead Sciences (GILD), Eli Lilly and Company (LLY), Medtronic (MDT) and AT&T (T).

This page (ETR:MRK) was last updated on 9/7/2024 by MarketBeat.com Staff

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