Johnson & Johnson (NYSE: JNJ) is -6.59% lower on its value in year-to-date trading and has touched a low of $143.13 and a high of $168.85 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The JNJ stock was last observed hovering at around $143.85 in the last trading session, with the day’s gains setting it 2.56%.
Currently trading at $146.41, the stock is -3.12% and -6.29% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 10.33 million and changing 1.78% at the moment leaves the stock -5.63% off its SMA200. JNJ registered -5.64% loss for a year compared to 6-month gain of 0.52%. The firm has a 50-day simple moving average (SMA 50) of $156.495 and a 200-day simple moving average (SMA200) of $155.21025.
The stock witnessed a -4.93% loss in the last 1 month and extending the period to 3 months gives it a -11.88%, and is -1.89% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.72% over the week and 1.46% over the month.
Johnson & Johnson (JNJ) has around 131900 employees, a market worth around $352.50B and $87.69B in sales. Current P/E ratio is 24.20 and Fwd P/E is 13.84. Profit margin for the company is 16.75%. Distance from 52-week low is 2.29% and -13.29% from its 52-week high. The company has generated returns on investments over the last 12 months (14.47%).
with sales reaching $22.46B over the same period.The EPS is expected to grow by 0.36% this year, but quarterly earnings will post 4.26% year-over-year. Quarterly sales are estimated to grow 4.96% in year-over-year returns.
Johnson & Johnson (JNJ) Top Institutional Holders
4828.0 institutions hold shares in Johnson & Johnson (JNJ), with institutional investors hold 73.19% of the company’s shares. The shares outstanding are 2.41B, and float is at 2.40B with Short Float at 0.77%. Institutions hold 73.13% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 229.04 million shares valued at $33.48 billion. The investor’s holdings represent 9.5109% of the JNJ Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 198.19 million shares valued at $28.97 billion to account for 8.2297 of the shares outstanding. The other top investors are STATE STREET CORP which holds 133.09 million shares representing 5.5266% and valued at over $19.45 billion, while GEODE CAPITAL MANAGEMENT, LLC holds 2.2881 of the shares totaling 55.1 million with a market value of $8.03 billion.
Johnson & Johnson (JNJ) Insider Activity
The most recent transaction is an insider purchase by WEINBERGER MARK A, the company’s Director. SEC filings show that WEINBERGER MARK A bought 1,000 shares of the company’s common stock on Dec 12 ’24 at a price of $147.22 per share for a total of $0.15 million. Following the purchase, the insider now owns 1000.0 shares.
Still, SEC filings show that on Aug 30 ’24, Decker Robert J (VP Corporate Controller) disposed off 5,635 shares at an average price of $165.06 for $0.93 million. The insider now directly holds 18,973 shares of Johnson & Johnson (JNJ).
