JNJ will be announcing its quarterly results on the 20th of April according to a research report. Most of the analysts have expected the firm to be announcing an EPS of $2.30 for this quarter.
The Quarterly Estimates of JNJ
The stocks of JNJ previously announced their quarterly results on the 25th of January. The EPS reported by the company for this quarter is $1.86, which is considerably more than the consensus estimate of around $1.82. The net margin of the company is 21.01% with a 34.64% return on equity. Revenue for the quarter for this company has been $22.50 billion, with the analysts’ estimate set at $21.62 billion. The previous quarter of the company saw an EPS of $1.88.
The stocks of JNJ traded on Tuesday at $161.64. The debt-to-equity ratio of the company was 0.51, with a 1.48 current ratio, along with a 1.24 quick ratio. The market cap of the company is $425.55 billion, along with a 25.42 PE ratio, and a PEG ratio of around 3.06. The moving average price of the company for 50 days is $160.81, with a moving average price of the company over 200 days set at $154.79. The year low of the company is $133.65, with the year high set at $41.54.
There have been quite a few research equities that have commented on the stocks of JNJ. Raymond James has increased the price target of the company from $158 to $183 with a rating of outperform in a 27th January research report. Cantor Fitzgerald has also increased the price target of the company from $180 to $200 with a rating of overweight in a 26th January research report. Morgan Stanley has increased the price target of the company from $178 to $187 with a rating of overweight in a 27th January research report.
One of the analysts has already provided the stocks with a rating of sell, while three others have given the company a rating of hold. Currently, JNJ has a buy rating with a $178.60 price target.