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In the latest session, Johnson & Johnson (NYSE: JNJ) closed at $156.73 down -0.73% from its previous closing price of $157.88. In other words, the price has decreased by -$0.73 from its previous closing price. On the day, 7.49 million shares were traded. JNJ stock price reached its highest trading level at $158.75 during the session, while it also had its lowest trading level at $156.52.
Ratios:
For a deeper understanding of Johnson & Johnson’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 18.59 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 18.19. For the most recent quarter (mrq), Quick Ratio is recorded 0.79 and its Current Ratio is at 1.03. In the meantime, Its Debt-to-Equity ratio is 0.51 whereas as Long-Term Debt/Eq ratio is at 0.45.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Daiwa Securities on July 23, 2024, Downgraded its rating to Neutral and sets its target price to $150 from $160 previously.
HSBC Securities Upgraded its Hold to Buy on April 18, 2024, while the target price for the stock was maintained at $170.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Aug 30 ’24 when Decker Robert J sold 5,635 shares for $165.06 per share. The transaction valued at 930,113 led to the insider holds 18,973 shares of the business.
Decker Robert J bought 5,635 shares of JNJ for $930,113 on Aug 30 ’24. On Mar 13 ’24, another insider, Broadhurst Vanessa, who serves as the EVP, Global Corp Affairs of the company, sold 8,891 shares for $162.16 each. As a result, the insider received 1,441,765 and left with 15,043 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 380115681280 and an Enterprise Value of 392800763904. As of this moment, Johnson’s Price-to-Earnings (P/E) ratio for their current fiscal year is 25.91, and their Forward P/E ratio for the next fiscal year is 14.80. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 7.85. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.30 while its Price-to-Book (P/B) ratio in mrq is 5.38. Its current Enterprise Value per Revenue stands at 4.479 whereas that against EBITDA is 13.071.
Stock Price History:
Over the past 52 weeks, JNJ has reached a high of $168.85, while it has fallen to a 52-week low of $143.13. The 50-Day Moving Average of the stock is -3.72%, while the 200-Day Moving Average is calculated to be 0.42%.
Shares Statistics:
For the past three months, JNJ has traded an average of 6.02M shares per day and 6165460 over the past ten days. A total of 2.41B shares are outstanding, with a floating share count of 2.40B. Insiders hold about 0.12% of the company’s shares, while institutions hold 72.18% stake in the company. Shares short for JNJ as of 1728950400 were 18659251 with a Short Ratio of 3.10, compared to 1726185600 on 23027472. Therefore, it implies a Short% of Shares Outstanding of 18659251 and a Short% of Float of 0.7799999999999999.
Dividends & Splits
According to the company, the forward annual dividend rate for JNJ is 4.86, from 4.86 in the trailing year. Against a Trailing Annual Dividend Yield of 0.030782873The stock’s 5-year Average Dividend Yield is 2.71.
