The price of Johnson & Johnson (NYSE:JNJ) shares last traded on Wall Street fell -2.71% to $142.27.
JNJ stock price is now -5.86% away from the 50-day moving average and -7.71% away from the 200-day moving average. The market capitalization of the company currently stands at $342.53B.
On November 15, 2024, Wolfe Research recently initiated its ‘Outperform’ rating on the stock quoting a target price of $190, while ‘Daiwa Securities’ rates the stock as ‘Neutral’
In other news, WEINBERGER MARK A, Director bought 1,000 shares of the company’s stock on Dec 12 ’24. The stock was bought for $147,220 at an average price of $147.22. Upon completion of the transaction, the Director now directly owns 1,000 shares in the company, valued at $0.14 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Dec 04 ’24, Former Officer Hait William bought 25,742 shares of the business’s stock. A total of $3,858,598 was incurred on buying the stock at an average price of $149.90. A total of 0.12% of the company’s stock is owned by insiders.
During the past 12 months, Johnson & Johnson has had a low of $142.75 and a high of $168.85. As of last week, the company has a debt-to-equity ratio of 0.51, a current ratio of 1.03, and a quick ratio of 0.79. According to the stock market information, the enterprise value for the company is $357986533376, which is based on a 23.52 price-to-earnings ratio, a 3.92 price-to-earnings-growth ratio, and a beta of 0.51. The fifty day moving average price for JNJ is $151.1188 and a two-hundred day moving average price translates $154.15816 for the stock.
The latest earnings results from Johnson & Johnson (NYSE: JNJ) was released for 2024-09-29. The net profit margin was 16.75% and return on equity was 20.89% for JNJ. The company reported revenue of $22.47 billion for the quarter, compared to $21.35 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 5.25 percent.
