What Are The Chances Of Organon & Co. (NYSE: OGN) Becoming A Clear Buy?

After Hours

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. The stock was recently discussed on Yahoo Finance as it revealed that On International Women’s Day, Organon Canada is encouraging businesses to Invest in HER and help address gender inequities through women’s health.

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Stocks Info

As a NYSE listed company, OGN falls under the Healthcare sector while operating within the Drug Manufacturers – General industry segment. The current market capitalization of Organon & Co. is $4.63B. A total of 1.56 million shares were traded on the day, compared to an average of 2.89M shares.

In the most recent transaction, Weaver Kirke bought 2,720 shares of OGN for 18.36 per share on Feb 22 ’24. After the transaction, the Gen. Counsel & Corp. Secy. now owns 15,181 company shares.

Dividend

Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. Organon & Co. pays an annual dividend of $1.12, resulting in a dividend yield of 6.18%, and it has a price to earnings (P/E) ratio of 4.54. OGN’s most recent ex-dividend date was 2/23/2024 when it declared a $0.28 quarterly dividend that was paid in cash on 3/14/2024. Previously, the company paid the dividend on 12/14/2023 with an ex-dividend date of 11/10/2023. The OGN stock dividend was $0.28 per share in cash.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. In terms of 52-week highs and lows, OGN has a high of $24.79 and a low of $10.84.

As of this writing, OGN has an earnings estimate of $1.06 per share for the current quarter. EPS was calculated based on a consensus of 6 estimates, with a high estimate of $1.19 per share and a lower estimate of $0.9. The company reported an EPS of $0.87 in the last quarter, which was -17.90% lower than expectations of $1.06.

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. 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 -$0.27, while its Total Shareholder’s Equity was -$1.51B.

Analysts Opinion

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. 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 3.43.

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