Analyst Ratings for Johnson & Johnson (JNJ)

Updated: 2017-07-27

Analysts covering Johnson & Johnson (NYSE:JNJ) have given it a consensus rating of Overweight. JNJ had previously received a consensus rating of Overweight a month ago.

9 analysts declared JNJ a buy, 2 issued an overweight rating, 12 gave a hold rating, 1 issued an underweight rating, and 1 issued a sell rating. Today, there are 1 more analysts optimistic about the company future as compared with 90 days ago. During this time, the number of analysts bearish on the stock has increased by 2.

Several price targets were given for JNJ by the analysts covering the stock. The highest price target was 150, which equates to a potential upside of 14.65 percent. The most pessimistic analyst gave a price target of 110, implying a possible loss of -15.92 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.

Analysts have revised their earnings estimates upwards for this quarter, by about 1.13 percent on average, compared to last month. That number becomes 1.13 percent if we expand the time horizon to include the past 3 months instead of just one. On the other hand, earnings estimates for the fiscal year have been revised upwards by 1.06 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of 1.2 percent in FY estimates.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 6 analysts increased their quarterly estimates, while 4 analysts made negative revisions. Over the same time period, 12 analysts revised their FY earnings estimates upwards, compared to 0 analysts that revised their FY estimates downwards.

JNJ has an estimated earnings growth rate of 21.23 percent as forecasted by analysts. People on Wall Street often look at a company's PEG ratio. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. PEG ratios below 1 are often considered desirable, even though it may be more relevant to compare the ratio to that of a firm's competitors. JNJ has a PEG ratio of 1.04.

JNJ has a 52-week high of 137.08 and a 52-week low of 109.32. Currently the stock is 19.68 percent higher than its low, and 4.56 percent below the high. JNJ has a P/E ratio of 22.1. Investors typically compare the P/E ratio to a company's peers in the industry. The JNJ value stock report compares JNJ to some of its peers using value stock charts. The stock has a market capitalization of $352.76 billion. JNJ is estimated to release their earnings results for the quarter on 0000-00-00, days from today.