Brokerages expect Merck & Company, Inc. (NYSE:MRK) to announce sales of $10.44 billion for the current fiscal quarter, according to Zacks Investment Research. Four analysts have made estimates for Merck &’s earnings. The highest sales estimate is $10.52 billion and the lowest is $10.32 billion. Merck & reported sales of $10.54 billion during the same quarter last year, which indicates a negative year over year growth rate of 0.9%. The business is expected to issue its next quarterly earnings results before the market opens on Friday, October 27th.

On average, analysts expect that Merck & will report full year sales of $10.44 billion for the current year, with estimates ranging from $40.12 billion to $40.48 billion. For the next year, analysts anticipate that the firm will report sales of $41.25 billion per share, with estimates ranging from $40.60 billion to $41.87 billion. Zacks Investment Research’s sales averages are a mean average based on a survey of sell-side research analysts that that provide coverage for Merck &.

Merck & (NYSE:MRK) last released its earnings results on Friday, July 28th. The company reported $1.01 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.87 by $0.14. Merck & had a return on equity of 26.02% and a net margin of 17.14%. The business had revenue of $9.93 billion for the quarter, compared to the consensus estimate of $9.75 billion. During the same period in the previous year, the company posted $0.93 earnings per share. The company’s revenue for the quarter was up .9% compared to the same quarter last year.

Several equities research analysts have recently weighed in on the stock. BMO Capital Markets reiterated an “outperform” rating and set a $72.00 target price on shares of Merck & in a research note on Thursday. Zacks Investment Research downgraded shares of Merck & from a “hold” rating to a “sell” rating in a research note on Wednesday. Credit Suisse Group reiterated an “outperform” rating and set a $74.00 target price (down previously from $75.00) on shares of Merck & in a research note on Tuesday, September 5th. Cowen and Company reiterated a “hold” rating and set a $70.00 target price on shares of Merck & in a research note on Friday, September 1st. Finally, Jefferies Group LLC reiterated a “sell” rating and set a $52.00 target price on shares of Merck & in a research note on Sunday, August 20th. Three research analysts have rated the stock with a sell rating, seven have assigned a hold rating and eleven have issued a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus price target of $70.13.

Shares of Merck & (NYSE:MRK) opened at 63.83 on Friday. The company has a market capitalization of $174.09 billion, a P/E ratio of 34.56 and a beta of 0.80. The firm has a 50-day moving average price of $64.51 and a 200 day moving average price of $63.70. Merck & has a 12-month low of $58.29 and a 12-month high of $66.80.

The company also recently declared a quarterly dividend, which was paid on Friday, October 6th. Investors of record on Friday, September 15th were issued a dividend of $0.47 per share. The ex-dividend date of this dividend was Thursday, September 14th. This represents a $1.88 annualized dividend and a yield of 2.95%. Merck &’s dividend payout ratio is currently 76.11%.

A number of institutional investors have recently modified their holdings of MRK. Vanguard Group Inc. increased its holdings in Merck & by 1.7% in the second quarter. Vanguard Group Inc. now owns 194,144,317 shares of the company’s stock valued at $12,442,709,000 after buying an additional 3,312,459 shares in the last quarter. Arrowstreet Capital Limited Partnership increased its holdings in Merck & by 71.5% in the second quarter. Arrowstreet Capital Limited Partnership now owns 6,281,855 shares of the company’s stock valued at $402,604,000 after buying an additional 2,618,435 shares in the last quarter. Principal Financial Group Inc. increased its holdings in Merck & by 40.4% in the second quarter. Principal Financial Group Inc. now owns 8,012,726 shares of the company’s stock valued at $513,535,000 after buying an additional 2,304,142 shares in the last quarter. Canada Pension Plan Investment Board increased its holdings in Merck & by 70.4% in the first quarter. Canada Pension Plan Investment Board now owns 5,568,791 shares of the company’s stock valued at $353,841,000 after buying an additional 2,300,200 shares in the last quarter. Finally, Parametric Portfolio Associates LLC increased its holdings in Merck & by 36.3% in the second quarter. Parametric Portfolio Associates LLC now owns 7,766,906 shares of the company’s stock valued at $497,774,000 after buying an additional 2,070,487 shares in the last quarter. 72.91% of the stock is owned by institutional investors.

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About Merck &

Merck & Co, Inc is a global healthcare company. The Company offers health solutions through its prescription medicines, vaccines, biologic therapies and animal health products. It operates through four segments: Pharmaceutical, Animal Health, Healthcare Services and Alliances. The Company’s Pharmaceutical segment includes human health pharmaceutical and vaccine products marketed either directly by the Company or through joint ventures.

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Earnings History and Estimates for Merck & (NYSE:MRK)

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