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After finishing at $150.47 in the prior trading day, Johnson & Johnson (NYSE: JNJ) closed at $149.52, down -0.63%. In other words, the price has decreased by -$0.63 from its previous closing price. On the day, 7.87 million shares were traded. JNJ stock price reached its highest trading level at $150.38 during the session, while it also had its lowest trading level at $148.96.
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 17.74 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 17.35. 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 this company, Wolfe Research on November 15, 2024, initiated with a Outperform rating and assigned the stock a target price of $190.
On July 23, 2024, Daiwa Securities Downgraded its rating to Neutral which previously was Outperform and also lowered its target price recommendation from $160 to $150.
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 Dec 04 ’24 when Hait William bought 25,742 shares for $149.90 per share.
Decker Robert J sold 5,635 shares of JNJ for $930,113 on Aug 30 ’24. The VP Corporate Controller now owns 18,973 shares after completing the transaction at $165.06 per share. On Aug 30 ’24, another insider, Decker Robert J, who serves as the Officer of the company, bought 5,635 shares for $165.06 each.
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 362275012608 and an Enterprise Value of 375441784832. As of this moment, Johnson’s Price-to-Earnings (P/E) ratio for their current fiscal year is 24.72, and their Forward P/E ratio for the next fiscal year is 14.12. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.12. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.11 while its Price-to-Book (P/B) ratio in mrq is 5.13. Its current Enterprise Value per Revenue stands at 4.281 whereas that against EBITDA is 12.493.
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 -5.63%, while the 200-Day Moving Average is calculated to be -3.97%.
Shares Statistics:
The stock has traded on average 6.54M shares per day over the past 3-months and 8119030 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 0.12% of the company’s shares, while institutions hold 72.76% stake in the company. Shares short for JNJ as of 1731628800 were 17476968 with a Short Ratio of 2.67, compared to 1728950400 on 18659251. Therefore, it implies a Short% of Shares Outstanding of 17476968 and a Short% of Float of 0.73.
Dividends & Splits
In the trailing 12 months, JNJ’s forward annual dividend rate was 4.86, compared to 4.91 this year. Against a Trailing Annual Dividend Yield of 0.032298796The stock’s 5-year Average Dividend Yield is 2.72.
