Those determined to outshine the market strategically focus on the selection of individual stocks. Well-chosen stocks have the potential to substantially boost your wealth.
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
After finishing at $149.24 in the prior trading day, Johnson & Johnson (NYSE: JNJ) closed at $151.01, up 1.19%. In other words, the price has increased by $1.19 from its previous closing price. On the day, 6.35 million shares were traded. JNJ stock price reached its highest trading level at $151.08 during the session, while it also had its lowest trading level at $149.16.
Ratios:
Our goal is to gain a better understanding of JNJ by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 13.86 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 19.43. For the most recent quarter (mrq), Quick Ratio is recorded 0.94 and its Current Ratio is at 1.17. In the meantime, Its Debt-to-Equity ratio is 0.48 whereas as Long-Term Debt/Eq ratio is at 0.36.
On April 18, 2024, HSBC Securities Upgraded its rating to Buy which previously was Hold but kept the price unchanged to $170.
Wells Fargo Downgraded its Overweight to Equal Weight on December 13, 2023, whereas the target price for the stock was revised from $170 to $163.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 13 ’24 when Broadhurst Vanessa sold 8,891 shares for $162.16 per share. The transaction valued at 1,441,765 led to the insider holds 15,043 shares of the business.
JOHNSON & JOHNSON sold 3,725 shares of JNJ for $96,142 on Feb 16 ’24. The 10% Owner now owns 4,099,575 shares after completing the transaction at $25.81 per share. On Feb 09 ’24, another insider, Taubert Jennifer L, who serves as the EVP, WW Chair, Pharmaceuticals of the company, sold 59,397 shares for $156.27 each. As a result, the insider received 9,281,969 and left with 141,416 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, JNJ now has a Market Capitalization of 363432738816 and an Enterprise Value of 370846629888. As of this moment, Johnson’s Price-to-Earnings (P/E) ratio for their current fiscal year is 21.75, and their Forward P/E ratio for the next fiscal year is 13.90. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.55. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.05 while its Price-to-Book (P/B) ratio in mrq is 5.19. Its current Enterprise Value per Revenue stands at 4.33 whereas that against EBITDA is 12.114.
Stock Price History:
The Beta on a monthly basis for JNJ is 0.52, which has changed by -0.04869598 over the last 52 weeks, in comparison to a change of 0.24125004 over the same period for the S&P500. Over the past 52 weeks, JNJ has reached a high of $175.97, while it has fallen to a 52-week low of $143.13. The 50-Day Moving Average of the stock is 1.94%, while the 200-Day Moving Average is calculated to be -1.57%.
Shares Statistics:
The stock has traded on average 7.46M shares per day over the past 3-months and 5572360 shares per day over the last 10 days, according to various share statistics. A total of 2.41B shares are outstanding, with a floating share count of 2.40B. Insiders hold about 0.16% of the company’s shares, while institutions hold 71.62% stake in the company. Shares short for JNJ as of 1719532800 were 21174103 with a Short Ratio of 2.84, compared to 1717113600 on 19934592. Therefore, it implies a Short% of Shares Outstanding of 21174103 and a Short% of Float of 0.88.
Dividends & Splits
In the trailing 12 months, JNJ’s forward annual dividend rate was 4.76, compared to 4.81 this year. Against a Trailing Annual Dividend Yield of 0.031894933The stock’s 5-year Average Dividend Yield is 2.7. The current Payout Ratio is 84.93% for JNJ, which recently paid a dividend on 2024-05-20 with an ex-dividend date of 1716163200. Stock splits for the company last occurred on 2001-06-13 when the company split stock in a 2:1 ratio.
