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 price target was 75, which equates to a potential upside of 17.76 percent. The lowest price target was 52, implying potential capital losses of -18.35 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.

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. Meanwhile, fiscal year estimates have been revised upwards by 0.13 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of 0.92 percent in FY estimates.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 3 analysts increased their quarterly estimates, while 3 analysts revised their estimates downwards. 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. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. Many investors consider PEG ratios between 0 and 1 as preferrable, although it is frequently more appropriate to compare PEG ratios to the company's peers. The PEG ratio of MRK is 0.26.

In the trailing 52-weeks, MRK hit 66.80 at the highest peak, while it's lowest trading point was 57.18. Currently the stock is 11.39 percent higher than its low, and 4.66 percent lower than its 52-week high. MRK has a price/earnings 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 will post this quarters earnings in days, on 0000-00-00.