Johnson & Johnson (NYSE: JNJ) is -0.66% lower on its value in year-to-date trading and has touched a low of $142.75 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 $144.19 in the last trading session, with the day’s loss setting it -0.53%.
Currently trading at $143.66, the stock is -1.34% and -5.39% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 7.91 million and changing -0.37% at the moment leaves the stock -6.88% off its SMA200. JNJ registered -10.56% loss for a year compared to 6-month gain of -1.25%. The firm has a 50-day simple moving average (SMA 50) of $152.2838 and a 200-day simple moving average (SMA200) of $154.33105.
The stock witnessed a -4.53% loss in the last 1 month and extending the period to 3 months gives it a -10.37%, and is -0.96% 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 1.13% over the week and 1.38% over the month.
Johnson & Johnson (JNJ) has around 131900 employees, a market worth around $346.29B and $87.69B in sales. Current P/E ratio is 23.75 and Fwd P/E is 13.56. Profit margin for the company is 16.75%. Distance from 52-week low is 0.64% and -14.92% from its 52-week high. The company has generated returns on investments over the last 12 months (14.47%).
The EPS is expected to grow by 0.40% this year.
Johnson & Johnson (JNJ) Top Institutional Holders
4795.0 institutions hold shares in Johnson & Johnson (JNJ), with institutional investors hold 73.18% of the company’s shares. The shares outstanding are 2.41B, and float is at 2.40B with Short Float at 0.73%. Institutions hold 73.14% 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’sDirector. 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).
