JNJ stock: buy or sell?

JNJ stock price: $134.82 -0.01% At close on November 19th, 2019

Updated on:
November 19th, 2019

5

Johnson & Johnson closed yesterday at $134.82 and stayed steady a neutral -0.01%.

Johnson & Johnson, together with its subsidiaries, researches and develops, manufactures, and sells various products in the health care field worldwide.

Should I buy JNJ stock?

Make a decision about when to buy or sell stocks is one of the hardest parts of being a trader or investor. Following a trading plan helps to make decisions easier, quicker and with less hesitations. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.

Just 1 of our buy setups matches with Johnson & Johnson stock now:

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MAYes
100d MA crossing up 200d MANo

Is Johnson & Johnson stock a buy?

Everyday, hundreds of stock ratings are posted by financial analysts to indicate a particular stock's attractiveness. At Stocks2.com, we collected 14 ratings published for JNJ stock in the last 30 days.

The general sentiment of these ratings is bullish for JNJ stock, with 11 positive ratings.
Is JNJ a good stock to buy?
DateAnalyst / BrokerPrevious ratingCurrent rating
2019-8-27Morgan Stanleyn/aEqual Weight
2019-8-27Goldman Sachs Groupn/aBuy
2019-8-27Credit Suisse Groupn/aBuy
2019-7-18Credit Suisse Groupn/aBuy
2019-7-17Raymond Jamesn/aOutperform
2019-7-16Royal Bank of Canadan/aBuy
2019-7-16Bank of American/aHold
2019-7-12Credit Suisse Groupn/aOutperform
2019-5-6Wells Fargo & Con/aOutperform
2019-5-28Goldman Sachs Groupn/aBuy
2019-5-16Credit Suisse Groupn/aOutperform
2019-4-17Raymond JamesOutperformOutperform
2019-4-17Morgan StanleyEqual WeightEqual Weight
2019-4-17Credit Suisse GroupOutperformOutperform

JNJ stock analysis

Daily outlook

Johnson & Johnson stayed constant a neutral -0.01% and closed at $134.82.

Johnson & Johnson shares stayed stable -0.01% to $134.82 yesterday. In the last 5 days when JNJ stock price broke up the SMA200d line, it gained $3.86 (2.95%).

JNJ stock chart (daily)

Weekly outlook

After climbing for 4 weeks, this week Johnson & Johnson remained steady a tight -0.09%, closing at $134.82.

Since last week when JNJ stock price broke up the SMA40w line, it gained $1.82 (1.37%). Far behind is the all-time high Johnson & Johnson recorded early December but price is just -7.60% below that top.

JNJ stock chart (weekly)

JNJ stock price history

JNJ stock went public on August 18th, 1980 with a price of $0.011. Since then, JNJ stock surged a 1,348,100.00%, with an average of 34,566.70% per year. If you had invested right after JNJ's IPO a $1,000 in JNJ stock in 1980, it would worth $13,481,000.00 today.

1: Adjusted price after possible price splits or reverse-splits.

JNJ stock historical price chart

JNJ stock reached all-time highs on December with a price of $145.91.

JNJ stock price target is $152.90

Predicting the price evolution of a stock or any financial instrument in a reliable and repeatable way is probably impossible. However, banks and other financial institutions analysts, with the help of lots of data and algorithms do their best to predict the stock prices movement. You should not follow the analysts' JNJ stock price predictions in the hope that they will be met as they may be wrong and not met. For the last 30 days we found 12 price targets for Johnson & Johnson stock:
JNJ stock price predictions
DateAnalyst / BrokerActionPrevious targetCurrent targetDiff
2019-8-27Morgan StanleyReiteratesn/a$145.00-
2019-8-27Goldman Sachs GroupSet Price Targetn/a$169.00-
2019-8-27Credit Suisse GroupSet Price Targetn/a$156.00-
2019-7-18Credit Suisse GroupSet Price Targetn/a$156.00-
2019-7-17Raymond JamesLowers Target$147.00$146.00-0.7%
2019-7-16Bank of AmericaReiteratesn/a$150.00-
2019-7-12Credit Suisse GroupInitiatesn/a$156.00-
2019-5-6Wells Fargo & CoReiterates$152.00$157.003.3%
2019-5-16Credit Suisse GroupRaises Target$152.00$156.002.6%
2019-4-17Raymond JamesRaises Target$145.00$147.001.4%
2019-4-17Morgan StanleyRaises Target$134.00$145.008.2%
2019-4-17Credit Suisse GroupRaises Target$151.00$152.000.7%
(in average)$146.80$152.904.0%
The price prediction for Johnson & Johnson stock is $152.90, moving in a range between $169.00 and $145.00. In average, analysts' outlook on JNJ price forecast is positive, improving the forecast by a 4.00% from previous estimations.

Financials and fundamental analysis

Earnings date and Earnings per Share

Since April, when Johnson & Johnson posted its last earnings report, it . Unfortunately, reported EPS is not yet available in our database.
JNJ earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q2-n/a1.67n/a
2017-Q32017-10-171.81.95.6%
2017-Q42018-01-231.721.741.2%
2018-Q12018-04-172.012.062.5%
2018-Q22018-07-172.062.11.9%
2018-Q32018-10-162.032.051.0%
2018-Q42019-01-221.951.971.0%
2019-Q12019-04-162.14n/an/a
2019-Q2-n/an/an/a
2019-Q3-n/an/an/a

Annual financial results

In 2018, Johnson & Johnson annual turnover jumped a great 6.71% to $81,581.00 million dollars from $76,450.00 marked in 2017. However, its income margin (compared to sales) boosted to 18.75%, that is $15,297.00 million.

Johnson & Johnson fiscal year ends in December, and to compare its evolution since then, we estimate annual sales and income figures by adding results from the last 4 quarters. This is called TTM (or Twelve Trailing Months). So, Johnson & Johnson TTM sales up to March 2019 were $81,593.00 and income $14,679.00 M dollars. If we compare this TTM figures with the last reported annuality, we can esteem Johnson & Johnson business evolution since December 2018: Annual revenues up to March, compared to lastest yearly report, stayed constant a neutral 0.01%. In line, profit margin (net income/revenues) remained stable at 18.75%.

JNJ annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$71,260 M-$13,830 M19.4%-
2014$74,331 M4.31%$16,323 M22.0%18.03%
2015$70,074 M-5.73%$15,409 M22.0%-5.60%
2016$71,890 M2.59%$16,540 M23.0%7.34%
2017$76,450 M6.34%$1,300 M1.7%-92.14%
2018$81,581 M6.71%$15,297 M18.8%1,076.69%
TTM $81,593 M0.01%$14,679 M18.0%-4.04%

Quarterly financial results

Johnson & Johnson posted $20,021.00 M in sales for 2019-Q1, a -1.83% less compared to previous quarter. Reported quarter earnings marked $3,749.00 million with a profit margin of 18.73%. Profit margin appreciated a 3.81% compared to previous quarter when profit margin was 14.92%. When comparing sales to same quarter last year, Johnson & Johnson sales marked a tight move and remained steady a 0.06%.
JNJ quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q2$18,850 M-$3,830 M20.3%-
2017-Q3$19,650 M4.24%$3,760 M19.1%-1.83%
2017-Q4$20,195 M2.77%$-10,713 M-53.0%-384.92%
2018-Q1$20,009 M-0.92%$4,367 M21.8%-140.76%
2018-Q2$20,830 M4.10%$3,954 M19.0%-9.46%
2018-Q3$20,348 M-2.31%$3,934 M19.3%-0.51%
2018-Q4$20,394 M0.23%$3,042 M14.9%-22.67%
2019-Q1$20,021 M-1.83%$3,749 M18.7%23.24%

Johnson & Johnson ownership

When you are planning to buy a company, it's always worth to review its ownership structure.

Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For Johnson & Johnson, 0.07% of all outstanding shares are owned by its staff.

In case of Johnson & Johnson stock, 69.23% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions). Bearish positions for JNJ stock account 0.00%, no big difference from last month.

The following table compares ownership indicators for other stocks related to Johnson & Johnson:

JNJABTGSKLLYMDT
Market cap$354.6 B$149.2 B$110.8 B$110.5 B$149.1 B
Total shares2,630.0 M1,770.0 M2,490.0 M960.1 M1,340.0 M
Float shares2,630.0 M1,760.0 M2,450.0 M842.1 M1,340.0 M
  - Institutional holdings (%)69.2%76.5%11.0%81.5%84.2%
  - Insider holdings (%)0.1%0.7%0.0%0.1%0.1%
Shares in short selling0.0%0.0%0.0%0.0%0.0%

JNJ summary

Tuesday, November 19th, 2019
Open$135.00
Close$134.82
Day range$134.39 - $135.19
Previous close$134.83
Session gain-0.01%
Average true range$1.82
50d mov avg$131.05
100d mov avg$131.21
200d mov avg$133.60
Daily pattern
Weekly pattern

Johnson & Johnson performance

Performance as an absolute value is never valid if it's not benchmarked against competitors or related stocks in the industry. For Johnson & Johnson, the benchmark is made against , GlaxoSmithKline, Eli Lilly and, Medtronic, Merck, Novartis, Pfizer, and Stryker.
Stock3m6m12m
JNJ6.34%-2.18%-2.59%
ABT3.30%10.34%25.81%
GSKGlaxoSmithKline9.20%13.26%14.93%
LLYEli Lilly and5.71%-0.32%4.28%
MDTMedtronic5.43%20.85%23.56%
MRKMerck0.34%5.71%16.50%
NVSNovartis2.22%3.29%18.31%
PFEPfizer9.44%-9.57%-10.53%
SNY8.55%9.32%7.19%
SYKStryker-3.99%11.54%25.80%

Johnson & Johnson competitors

One check before trading any stock is to have a look a list of its competitors, in this case for Johnson & Johnson. We picked 9 companies as Johnson & Johnson competitors as they are in the same industry or have similar market objectives.

Latest JNJ stock news