$6.34M in average volume shows that Johnson & Johnson (JNJ) is heading in the right direction

On Friday, Johnson & Johnson (NYSE: JNJ) opened lower -1.70% from the last session, before settling in for the closing price of $163.67. Price fluctuations for JNJ have ranged from $143.13 to $168.85 over the past 52 weeks.

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Healthcare Sector giant saw their annual sales surged by 1.31% over the last five years. Company’s average yearly earnings per share was noted 0.22% at the time writing. With a float of $2.40 billion, this company’s outstanding shares have now reached $2.41 billion.

The firm has a total of 131900 workers. Let’s measure their productivity. In terms of profitability, gross margin is 69.26%, operating margin of 28.15%, and the pretax margin is 20.1%.

Johnson & Johnson (JNJ) Insider Activity

A key investor’s attitude towards the stock of the Drug Manufacturers – General industry is another important factor to consider. The insider ownership of Johnson & Johnson is 0.12%, while institutional ownership is 72.29%. The most recent insider transaction that took place on Aug 30 ’24, was worth 930,113. In this transaction VP Corporate Controller of this company sold 5,635 shares at a rate of $165.06, taking the stock ownership to the 18,973 shares. Before that another transaction happened on Aug 30 ’24, when Company’s Officer proposed sale 5,635 for $165.06, making the entire transaction worth $930,113.

Johnson & Johnson (JNJ) Earnings and Forecasts

If we go through the results of last quarter, which was made public on 9/30/2024, the company posted 2.29 earnings per share (EPS) for the quarter, besting the agreed prediction (set at 2.28) by 0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.66 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 0.22% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 3.30% during the next five years compared to -0.27% drop over the previous five years of trading.

Johnson & Johnson (NYSE: JNJ) Trading Performance Indicators

Check out the current performance indicators for Johnson & Johnson (JNJ). In the past quarter, the stock posted a quick ratio of 0.79. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.42. Likewise, its price to free cash flow for the trailing twelve months is 18.67.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 6.05, a number that is poised to hit 2.02 in the next quarter and is forecasted to reach 10.58 in one year’s time.

Technical Analysis of Johnson & Johnson (JNJ)

Analysing the last 5-days average volume posted by the [Johnson & Johnson, JNJ], we can find that recorded value of 6.2 million was lower than the volume posted last year of 7.01 million. As of the previous 9 days, the stock’s Stochastic %D was 57.68%. Additionally, its Average True Range was 2.36.

During the past 100 days, Johnson & Johnson’s (JNJ) raw stochastic average was set at 68.08%, which indicates a significant increase from 24.74% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 14.80% in the past 14 days, which was lower than the 15.41% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $163.28, while its 200-day Moving Average is $156.15. Now, the first resistance to watch is $163.00. This is followed by the second major resistance level at $165.11. The third major resistance level sits at $166.31. If the price goes on to break the first support level at $159.69, it is likely to go to the next support level at $158.49. Should the price break the second support level, the third support level stands at $156.38.

Johnson & Johnson (NYSE: JNJ) Key Stats

There are currently 2,406,679K shares outstanding in the company with a market cap of 387.34 billion. Presently, the company’s annual sales total 85,159 M according to its annual income of 35,153 M. Last quarter, the company’s sales amounted to 22,471 M and its income totaled 2,694 M.