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As of close of business last night, Johnson & Johnson’s stock clocked out at $164.82, down -0.80% from its previous closing price of $166.15. In other words, the price has decreased by -$0.80 from its previous closing price. On the day, 4.89 million shares were traded. JNJ stock price reached its highest trading level at $166.33 during the session, while it also had its lowest trading level at $164.42.
Ratios:
To gain a deeper understanding of JNJ’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 15.57 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 19.54. For the most recent quarter (mrq), Quick Ratio is recorded 0.85 and its Current Ratio is at 1.07. In the meantime, Its Debt-to-Equity ratio is 0.58 whereas as Long-Term Debt/Eq ratio is at 0.44.
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:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. 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 396761300992 and an Enterprise Value of 412777906176. As of this moment, Johnson’s Price-to-Earnings (P/E) ratio for their current fiscal year is 23.82, and their Forward P/E ratio for the next fiscal year is 15.42. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.31. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.58 while its Price-to-Book (P/B) ratio in mrq is 5.55. Its current Enterprise Value per Revenue stands at 4.768 whereas that against EBITDA is 13.3.
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 2.76%, while the 200-Day Moving Average is calculated to be 6.00%.
Shares Statistics:
It appears that JNJ traded 6.81M shares on average per day over the past three months and 5420170 shares per day over the past ten days. A total of 2.41B shares are outstanding, with a floating share count of 2.40B. Insiders hold about 0.14% of the company’s shares, while institutions hold 72.36% stake in the company. Shares short for JNJ as of 1724976000 were 21126116 with a Short Ratio of 3.10, compared to 1722384000 on 18848671. Therefore, it implies a Short% of Shares Outstanding of 21126116 and a Short% of Float of 0.88.
Dividends & Splits
With its trailing 12-month dividend rate of 4.81, JNJ has a forward annual dividend rate of 4.86. Against a Trailing Annual Dividend Yield of 0.028949745The stock’s 5-year Average Dividend Yield is 2.71.
