As we discussed earlier, Pfizer (PFE) stock has risen ~5.8% to date in September, and its closing price was $43.93 on September 24, while Merck & Co. (MRK) stock has risen ~3.2% in the same period, with a closing price of $70.78 on September 24.
The above chart compares Pfizer’s and Merck’s normalized stock prices for September. Pfizer’s market cap is ~$257.2 billion, while Merck & Co.’s market cap is ~$188.2 billion as of September 25.
Revenue and EPS performance
Merck & Co. reported adjusted EPS of $1.06 on revenue of ~$10.5 billion in the second quarter, a 5.4% year-over-year rise in revenue compared to its adjusted EPS of $1.01 on revenue of ~$9.9 billion in the second quarter of 2017.
Merck & Co. stock is currently trading ~1.8% higher than its 20-day simple moving average. The stock is also trading ~5.4% higher than its 50-day simple moving average and ~17.5% higher than its 200-day simple moving average as of September 24, which shows that its stock price could increase further in the near future.
Analysts have given Merck & Co. a 12-month target price of $73.04 per share, a ~3.2% rise compared to its last price of $70.78 per share on September 24.