Analyst Ratings for Mead Johnson Nutrition Co. (MJN)Updated: 2017-06-08
An average rating of Hold has been given to Mead Johnson Nutrition Co. (NYSE:MJN) by analysts covering the stock. MJN had previously received a consensus rating of Hold a month ago.
Of the 9 analysts covering the stock, 0 gave it a buy rating, 0 issued an overweight rating, 9 issued a hold rating, 0 issued an underweight rating, and 0 gave a sell rating. Compared to three months ago, there has been an decrease of 1 in the number of analysts with a positive outlook on the stock. Meanwhile, the number of analysts pessimistic about the company has increased by 0.
Many analysts weighed in on price targets for MJN. The most optimistic price target was 90, implying a possible profit of 0.01 percent. The most pessimistic price target was 87, implying potential capital losses of -3.32 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. The average change in earnings estimates over the last 90 days is -3.22 percent. On the other hand, earnings estimates for the fiscal year have been revised downwards by -0.47 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of -2.63 percent in FY estimates.
People are often interested in whether analysts were united in the direction of their revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts revised their estimates downwards. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 2 analysts made negative revisions to their fiscal year's estimates.
The growth rate of MJN's earnings is estimated by analysts to be -0.88 percent. The PEG ratio of a stock is another value frequently studied by investors. Investors like to see smaller values for the PEG ratio, because people typically see that as an indicator of higher growth relative to stock price. Many investors consider PEG ratios between 0 and 1 as preferrable, though it could be better to see where the ratio stands relative to peers in the industry. MJN has a PEG ratio of -32.06.
MJN has traded between a high of 94.40 and a low of 69.25 over the past year. Today's price is 29.95 percent above the 52-week low, and 4.67 percent lower than its 52-week high. MJN has a P/E ratio of 28.21. Investors typically compare the P/E ratio to a company's peers in the industry. The MJN value stock report compares MJN to some of its peers using value stock charts. The stock has a market capitalization of $16.52 billion. MJN is estimated to release their earnings results for the quarter on 0000-00-00, days from today.