Company Performance - Organon (OGN) closed at 0.92, down 24.59% from the prior-year quarter, with projected net sales of 3.79 per share and revenue of $6.27 billion, marking changes of -7.79% and -2.14% respectively from last year [3] Analyst Forecasts and Valuation - Recent revisions to analyst forecasts for Organon are important as they reflect short-term business trends, with positive revisions indicating optimism about the company's outlook [4] - The Zacks Rank system, which incorporates estimate changes, currently ranks Organon at 3 (Hold), with a Forward P/E ratio of 4.12, indicating a discount compared to the industry's Forward P/E of 16.32 [6] - Organon's PEG ratio is 1.73, compared to the Medical Services industry's average PEG ratio of 1.43 [7] Industry Context - The Medical Services industry, part of the Medical sector, has a Zacks Industry Rank of 75, placing it in the top 30% of over 250 industries [7] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [8]
Organon (OGN) Stock Declines While Market Improves: Some Information for Investors