Look At Analyst Expectations For A Better Read On Johnson & Johnson (NYSE: JNJ)

Currently, there are 2.41B common shares owned by the public and among those 2.40B shares have been available to trade.

The company’s stock has a 5-day price change of 0.76% and 6.88% over the past three months. JNJ shares are trading 3.89% year to date (YTD), with the 12-month market performance up to 6.90% higher. It has a 12-month low price of $143.13 and touched a high of $168.85 over the same period. JNJ has an average intraday trading volume of 6.39 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 0.62%, -0.06%, and 4.30% respectively.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Institutional ownership of Johnson & Johnson (NYSE: JNJ) shares accounts for 72.40% of the company’s 2.41B shares outstanding.

It has a market capitalization of $391.97B and a beta (3y monthly) value of 0.52. The stock’s trailing 12-month PE ratio is 26.92, while the earnings-per-share (ttm) stands at $6.05. The company has a PEG of 8.16 and a Quick Ratio of 0.85 with the debt-to-equity ratio at 0.58. Price movements for the stock have been influenced by the stock’s volatility, which stands at 1.96% over the week and 1.25% over the month.

Earnings per share for the fiscal year are expected to increase by 0.03%, and 7.06% over the next financial year. EPS should grow at an annualized rate of 3.30% over the next five years, compared to -0.27% over the past 5-year period.

Looking at the support for the JNJ, a number of firms have released research notes about the stock. Daiwa Securities stated their Neutral rating for the stock in a research note on July 23, 2024, with the firm’s price target at $160-$150. Goldman coverage for the Johnson & Johnson (JNJ) stock in a research note released on May 30, 2024 offered a Neutral rating with a price target of $160. HSBC Securities was of a view on April 18, 2024 that the stock is Buy, while Wells Fargo gave the stock Equal Weight rating on December 13, 2023, issuing a price target of $170- $163. UBS on their part issued Buy rating on December 01, 2023.

Most Popular

Related Posts