The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for Organon & Co. (OGN) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$0.18, or -0.88%, to $20.29. The Organon & Co. has recorded 19,987 volume in the after hours trading session. The stock was recently discussed on Yahoo Finance as it revealed that ORGANON CANADA TO SUPPORT LE CHAÎNON BY FUNDING THE INITIAL CONSTRUCTION PHASE OF ITS MEDICAL CLINIC.
Unlock the Hottest Top 10 Penny Stocks Today! Discover Now
Dive into the world of lucrative penny stocks with MarketClub's groundbreaking "Smart Scan" technology! Get an instant snapshot of the top 50 high volume stocks with a clear direction and outstanding liquidity - in other words, the strongest trending. To unlock this exclusive list, simply provide your first name, last name, and email for instant access.
Gain Access to Top 10 Penny Stocks Now!.
The company is listed on the NYSE and operates within the Drug Manufacturers – General industry segment. At the end of the last regular session, the stock closed at $20.47 and fluctuated between $20.58 as its day high and $20.14 as its day low. The current market capitalization of Organon & Co. is $5.29B. A total of 1.41 million shares were traded on the day, compared to an average of 2.05M shares.
Furthermore, investors take into consideration insider trades when predicting a stock’s future trajectory. During the recent three months, OGN has seen 26 BUY and 27 SELL insider trades, representing the acquisition of 129,759 and the disposition of 53,184 shares. Over the last 12 months, there were 29 BUYs and 30 SELLs from insiders. Insiders purchased 166,861 shares during that period but sold 69,130.
The dividend paying company demonstrates a positive outlook for investors and helps them generate immediate cash. Organon & Co. pays an annual dividend of $1.12, resulting in a dividend yield of 5.47%, and it has a price to earnings (P/E) ratio of 7.01. OGN’s most recent ex-dividend date was 5/12/2023 when it declared a $0.28 quarterly dividend that was paid in cash on 6/15/2023. Previously, the company paid the dividend on 3/16/2023 with an ex-dividend date of 2/24/2023. The OGN stock dividend was $0.28 per share in cash.
It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. According to analysts who have offered 12-month price targets for OGN in the last 3 months, the mean price target is $30.75 with high estimates of $43.00 and low estimates of $23.00. In terms of 52-week highs and lows, OGN has a high of $39.09 and a low of $20.12.
As of this writing, OGN has an earnings estimate of $1.03 per share for the current quarter. EPS was calculated based on a consensus of 5 estimates, with a high estimate of $1.1 per share and a lower estimate of $0.98. The company reported an EPS of $0.81 in the last quarter, which was -10.00% lower than expectations of $0.9.
Balance Sheet Annually/Quarterly
An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. OGN’s latest balance sheet shows that the firm has $737.00M in Cash & Short Term Investments as of fiscal 2021. There were $9.13B in debt and $2.60B in liabilities at the time. Its Book Value Per Share was -$2.90, while its Total Shareholder’s Equity was -$1.51B.
There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for OGN is Buy with a score of 3.50.