Core Insights - Organon (OGN) shares closed at $10.84, reflecting a decline of 1.54% from the previous trading session, underperforming the S&P 500's gain of 0.37% [1] - Over the past month, Organon shares have increased by 6.07%, surpassing the Medical sector's gain of 5.9% and the S&P 500's gain of 4.26% [1] Earnings Performance - The upcoming earnings per share (EPS) for Organon is projected at $0.93, indicating a 6.90% increase compared to the same quarter last year [2] - Quarterly revenue is estimated at $1.57 billion, which represents a decrease of 0.63% from the previous year [2] Fiscal Year Estimates - For the entire fiscal year, earnings are expected to be $3.81 per share, with revenue projected at $6.3 billion, reflecting changes of -7.3% and -1.59% respectively from the prior year [3] - Recent adjustments to analyst estimates suggest a favorable outlook on Organon's business health and profitability [3] Valuation Metrics - Organon has a Forward P/E ratio of 2.89, which is significantly lower than the industry average Forward P/E of 17.42, indicating a valuation discount [5] - The company also has a PEG ratio of 0.96, compared to the Medical Services industry's average PEG ratio of 1.66 [6] Industry Context - The Medical Services industry, which includes Organon, holds a Zacks Industry Rank of 143, placing it in the bottom 43% of over 250 industries [6] - The strength of individual industry groups is measured by the Zacks Industry Rank, with the top 50% rated industries outperforming the bottom half by a factor of 2 to 1 [7]
Organon (OGN) Stock Slides as Market Rises: Facts to Know Before You Trade