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NYSE:OGN

Organon & Co. (OGN) Stock Price, News & Analysis

Organon & Co. logo
$15.03 -0.28 (-1.83%)
(As of 11/15/2024 ET)

About Organon & Co. Stock (NYSE:OGN)

Key Stats

Today's Range
$14.86
$15.34
50-Day Range
$15.03
$20.88
52-Week Range
$10.84
$23.10
Volume
2.83 million shs
Average Volume
2.98 million shs
Market Capitalization
$3.87 billion
P/E Ratio
2.98
Dividend Yield
7.45%
Price Target
$21.33
Consensus Rating
Moderate Buy

Company Overview

Organon & Co. develops and delivers health solutions through a portfolio of prescription therapies and medical devices within women's health in the United States and internationally. Its women's health portfolio comprises contraception and fertility brands, such as Nexplanon, a long-acting reversible contraceptive; NuvaRing, a monthly vaginal contraceptive ring; Cerazette, a daily pill used to prevent pregnancy; Marvelon, progestin and estrogen used as daily pills to prevent pregnancy; Follistim AQ, used to promote the development of multiple ovarian follicles in assisted reproduction technology procedures; Elonva, an ovarian follicle stimulant; Ganirelix Acetate Injection, an injectable antagonist; and Jada, for abnormal postpartum uterine bleeding or hemorrhage. The company's biosimilars portfolio consists of immunology products, such as Brenzys, Renflexis, and Hadlima; and two oncology products, including Ontruzant and Aybintio. It offers cholesterol-modifying medicines under the Zetia, Ezetrol, Vytorin, Atozet, Inegy, Rosuzet, and Zocor brands; Cozaar and Hyzaar for the treatment of hypertension; respiratory products for treatments of control and prevent symptoms caused by asthma under the Singulair, Dulera, Zenhale, and Asmanex brand names; and Singulair, Nasonex, Clarinex, and Aerius for treating seasonal allergic rhinitis. The company provides dermatology products under the Diprosone and Elocon brand; bone health portfolio, including Fosamax brand name; non-opioid pain management products under the Arcoxia, Diprospan, and Celestone brand names; Proscar for the treatment of symptomatic benign prostatic hyperplasia; and Propecia for the treatment of male pattern hair loss. It sells its products to drug wholesalers and retailers, hospitals, pharmacies, clinics, government agencies, health maintenance organizations, pharmacy benefit managers, and other institutions. The company was incorporated in 2020 and is headquartered in Jersey City, New Jersey.

Organon & Co. Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
96th Percentile Overall Score

OGN MarketRank™: 

Organon & Co. scored higher than 96% of companies evaluated by MarketBeat, and ranked 63rd out of 970 stocks in the medical sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Organon & Co. has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and 1 sell rating.

  • Amount of Analyst Coverage

    Organon & Co. has only been the subject of 2 research reports in the past 90 days.

  • Read more about Organon & Co.'s stock forecast and price target.
  • Earnings Growth

    Earnings for Organon & Co. are expected to decrease by -0.77% in the coming year, from $3.89 to $3.86 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Organon & Co. is 2.98, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 120.61.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Organon & Co. is 2.98, which means that it is trading at a less expensive P/E ratio than the Medical sector average P/E ratio of about 100.60.

  • Price to Earnings Growth Ratio

    Organon & Co. has a PEG Ratio of 0.70. PEG Ratios below 1 indicate that a company could be undervalued.

  • Price to Book Value per Share Ratio

    Organon & Co. has a P/B Ratio of 7.87. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about Organon & Co.'s valuation and earnings.
  • Percentage of Shares Shorted

    5.51% of the float of Organon & Co. has been sold short.
  • Short Interest Ratio / Days to Cover

    Organon & Co. has a short interest ratio ("days to cover") of 6.6.
  • Change versus previous month

    Short interest in Organon & Co. has recently increased by 12.93%, indicating that investor sentiment is decreasing significantly.
  • Dividend Leadership

    Organon & Co. is a leading dividend payer. It pays a dividend yield of 7.45%, putting its dividend yield in the top 25% of dividend-paying stocks.

  • Dividend Growth

    Organon & Co. does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Organon & Co. is 22.22%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, Organon & Co. will have a dividend payout ratio of 29.02% next year. This indicates that Organon & Co. will be able to sustain or increase its dividend.

  • Read more about Organon & Co.'s dividend.
  • Percentage of Shares Shorted

    5.51% of the float of Organon & Co. has been sold short.
  • Short Interest Ratio / Days to Cover

    Organon & Co. has a short interest ratio ("days to cover") of 6.6.
  • Change versus previous month

    Short interest in Organon & Co. has recently increased by 12.93%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    Organon & Co. has a news sentiment score of 1.05. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.55 average news sentiment score of Medical companies.
  • News Coverage This Week

    MarketBeat has tracked 7 news articles for Organon & Co. this week, compared to 5 articles on an average week.
  • Search Interest

    41 people have searched for OGN on MarketBeat in the last 30 days. This is an increase of 37% compared to the previous 30 days.
  • MarketBeat Follows

    Only 5 people have added Organon & Co. to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Organon & Co. insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    Only 1.40% of the stock of Organon & Co. is held by insiders.

  • Percentage Held by Institutions

    77.43% of the stock of Organon & Co. is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Organon & Co.'s insider trading history.
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OGN Stock News Headlines

Organon: 7% Yield, 4x P/E, Big Upside Potential
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Organon's (NYSE:OGN) Earnings Are Weaker Than They Seem
Evercore ISI Sticks to Its Buy Rating for Organon (OGN)
Organon & Co. (OGN) Q3 2024 Earnings Call Transcript
See More Headlines

OGN Stock Analysis - Frequently Asked Questions

Organon & Co.'s stock was trading at $14.42 at the beginning of 2024. Since then, OGN stock has increased by 4.2% and is now trading at $15.03.
View the best growth stocks for 2024 here
.

Organon & Co. (NYSE:OGN) released its quarterly earnings data on Thursday, October, 31st. The company reported $0.87 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.90 by $0.03. The firm's revenue for the quarter was up 4.1% on a year-over-year basis.
Read the conference call transcript
.

Top institutional shareholders of Organon & Co. include Massachusetts Financial Services Co. MA (3.79%), State Street Corp (3.49%), Geode Capital Management LLC (1.65%) and Charles Schwab Investment Management Inc. (1.29%).
View institutional ownership trends
.

Shares of OGN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Organon & Co. investors own include Chevron (CVX), Bristol-Myers Squibb (BMY), McKesson (MCK), Comcast (CMCSA), Charles Schwab (SCHW), Edwards Lifesciences (EW) and Yum! Brands (YUM).

Company Calendar

Ex-Dividend for 9/12 Dividend
8/16/2024
Dividend Payable
9/12/2024
Last Earnings
10/31/2024
Ex-Dividend for 12/12 Dividend
11/12/2024
Today
11/16/2024
Dividend Payable
12/12/2024
Fiscal Year End
12/31/2024
Next Earnings (Estimated)
2/20/2025

Industry, Sector and Symbol

Sector
Medical
Industry
Pharmaceutical preparations
Sub-Industry
Pharmaceutical Products
Fax
N/A
Employees
10,000
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$21.33
High Stock Price Target
$24.00
Low Stock Price Target
$20.00
Potential Upside/Downside
+41.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
4 Analysts

Profitability

Net Income
$1.02 billion
Pretax Margin
12.20%

Debt

Sales & Book Value

Annual Sales
$6.41 billion
Cash Flow
$4.83 per share
Book Value
$1.91 per share

Miscellaneous

Free Float
253,933,000
Market Cap
$3.87 billion
Optionable
Not Optionable
Beta
0.84
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This page (NYSE:OGN) was last updated on 11/17/2024 by MarketBeat.com Staff
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