Let’s Jump Into The Johnson & Johnson (NYSE: JNJ) Stock Forecast

In the last trading session, 7.03 million Johnson & Johnson (NYSE:JNJ) shares changed hands as the company’s beta touched 0.53. With the company’s per share price at $148.72 changed hands at $0.14 or 0.09% during last session, the market valuation stood at $357.92B. JNJ’s last price was a discount, traded about -18.32% off its 52-week high of $175.97. The share price had its 52-week low at $143.13, which suggests the last value was 3.76% up since then. When we look at Johnson & Johnson’s average trading volume, we note the 3-month average coming to 7.65 million.

Johnson & Johnson (NYSE:JNJ) trade information

Instantly JNJ was in green as seen at the end of in last trading. With action 2.86%, the performance over the past five days has been green. The jump to weekly highs of 152.33 added 0.09% to the stock’s daily price. The company’s shares are showing year-to-date downside of -5.12%, with the 5-day performance at 2.86% in the green. However, in the 30-day time frame, Johnson & Johnson (NYSE:JNJ) is -1.89% down.

Johnson & Johnson (JNJ) estimates and forecasts

Data shows that the Johnson & Johnson share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot -1.73% over the past 6 months, a 7.36% in annual growth rate that is considerably higher than the industry average of 5.00%.

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -0.27%. The 2024 estimates are for Johnson & Johnson earnings to increase by 7.40%, but the outlook for the next 5-year period is at 5.23% per year.

JNJ Dividends

Johnson & Johnson is expected to release its next quarterly earnings report in June. The 3.20% annual yield figure for the share gives it an annual dividend of 4.76. It is important to note, however, that the 3.20% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision.