Analyst Ratings for Merck & Co. Inc. (MRK)

Updated: 2017-07-28

Shares of Merck & Co. Inc. (NYSE:MRK) have received a consensus rating of Overweight from Wall Street analysts. About 30 days ago, MRK was issued an average rating of Overweight.

A buy rating was issued by 11 analysts, 1 gave an overweight rating, 9 issued a hold rating, 0 gave an underweight rating, and 1 issued a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has decreased by 1. Meanwhile, the number of analysts pessimistic about the company has increased by 0.

Many analysts weighed in on price targets for MRK. The most optimistic analyst gave a price target of 75, implying potential capital gains of 17.76 percent. The most pessimistic price target was 52, implying potential capital losses of -18.35 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. The average change in earnings estimates over the last 90 days is -1.14 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0.13 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of 0.92 percent in FY estimates.

Another thing investors often look at is the level of agreement among analysts' revisions. 3 analysts made positive revisions to their quarterly estimates over the past month, while 3 analysts made negative revisions. During this time, 5 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts decreased their estimates.

MRK has an estimated earnings growth rate of 156.17 percent as forecasted by analysts. Another measure frequently examined by investors is the PEG ratio. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. PEG ratios below 1 are often considered desirable, even though it may be more relevant to compare the ratio to that of a firm's competitors. The PEG ratio of MRK is 0.26.

MRK has traded between a high of 66.80 and a low of 57.18 over the past year. Currently the stock is 11.39 percent higher than its low, and 4.66 percent below the high. MRK has a P/E ratio of 41.09. Investors typically compare the P/E ratio to a company's peers in the industry. The MRK value stock report compares MRK to some of its peers using value stock charts. The market cap of MRK is $169.03 billion. MRK's next earnings release will be on 0000-00-00, which is days away.