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, implying a possible profit of 14.65 percent. The lowest price target was 110, implying potential capital losses of -15.92 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 1.13 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is 1.13 percent. Meanwhile, fiscal year estimates have been revised upwards by 1.06 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 1.2 percent.

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. During this time, 12 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts decreased their estimates.

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. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. PEG ratios below 1 are often considered desirable, although it is frequently more appropriate to compare PEG ratios to the company's peers. JNJ has a PEG ratio of 1.04.

In the trailing 52-weeks, JNJ hit 137.08 at the highest peak, while it's lowest trading point was 109.32. The current market price is above the trailing year's low by 19.68 percent, and below the high by 4.56 percent. JNJ has a price/earnings 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 market cap of JNJ is $352.76 billion. JNJ is estimated to release their earnings results for the quarter on 0000-00-00, days from today.