Johnson & Johnson (NYSE:JNJ) – Equities research analysts at Leerink Swann issued their FY2022 EPS estimates for shares of Johnson & Johnson in a research report issued to clients and investors on Thursday, May 17th. Leerink Swann analyst D. Antalffy expects that the company will post earnings of $11.85 per share for the year. Leerink Swann has a “Outperform” rating and a $160.00 price target on the stock.

Johnson & Johnson (NYSE:JNJ) last released its quarterly earnings results on Tuesday, April 17th. The company reported $2.06 EPS for the quarter, beating analysts’ consensus estimates of $2.00 by $0.06. The firm had revenue of $20.01 billion during the quarter, compared to analyst estimates of $19.50 billion. Johnson & Johnson had a net margin of 1.58% and a return on equity of 30.65%. The business’s revenue for the quarter was up 12.6% on a year-over-year basis. During the same period in the previous year, the business earned $1.83 EPS.

A number of other research analysts have also commented on JNJ. Deutsche Bank restated a “buy” rating on shares of Johnson & Johnson in a research report on Wednesday, April 18th. Credit Suisse Group reduced their price target on shares of Johnson & Johnson from $154.00 to $151.00 and set an “outperform” rating for the company in a research report on Friday, April 20th. Jefferies Group set a $153.00 price target on shares of Johnson & Johnson and gave the company a “buy” rating in a research report on Friday, April 13th. Wells Fargo restated an “outperform” rating and set a $150.00 price target (down from $160.00) on shares of Johnson & Johnson in a research report on Wednesday, April 18th. Finally, Zacks Investment Research raised shares of Johnson & Johnson from a “hold” rating to a “buy” rating and set a $143.00 price objective for the company in a report on Wednesday, March 28th. Five investment analysts have rated the stock with a sell rating, eight have given a hold rating and ten have assigned a buy rating to the company’s stock. Johnson & Johnson has an average rating of “Hold” and an average target price of $142.23.

Johnson & Johnson opened at $123.85 on Friday, according to Marketbeat. The firm has a market cap of $336.30 billion, a PE ratio of 16.97, a PEG ratio of 1.92 and a beta of 0.74. The company has a quick ratio of 1.25, a current ratio of 1.58 and a debt-to-equity ratio of 0.47. Johnson & Johnson has a one year low of $125.00 and a one year high of $125.73.

A number of institutional investors have recently bought and sold shares of JNJ. BlackRock Inc. lifted its stake in Johnson & Johnson by 4.7% in the first quarter. BlackRock Inc. now owns 175,389,024 shares of the company’s stock worth $22,476,102,000 after purchasing an additional 7,853,141 shares during the last quarter. Boston Partners lifted its stake in Johnson & Johnson by 68.7% in the first quarter. Boston Partners now owns 12,783,909 shares of the company’s stock worth $1,638,258,000 after purchasing an additional 5,207,124 shares during the last quarter. Stifel Financial Corp increased its position in shares of Johnson & Johnson by 6,715.9% in the third quarter. Stifel Financial Corp now owns 2,572,663 shares of the company’s stock valued at $334,777,000 after acquiring an additional 2,534,918 shares during the period. Mackenzie Financial Corp increased its position in shares of Johnson & Johnson by 55.1% in the fourth quarter. Mackenzie Financial Corp now owns 4,243,594 shares of the company’s stock valued at $592,915,000 after acquiring an additional 1,507,278 shares during the period. Finally, Flossbach Von Storch AG increased its position in shares of Johnson & Johnson by 100.1% in the first quarter. Flossbach Von Storch AG now owns 2,318,450 shares of the company’s stock valued at $297,109,000 after acquiring an additional 1,159,690 shares during the period. 67.40% of the stock is owned by institutional investors and hedge funds.

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, June 12th. Shareholders of record on Tuesday, May 29th will be paid a $0.90 dividend. The ex-dividend date of this dividend is Friday, May 25th. This is an increase from Johnson & Johnson’s previous quarterly dividend of $0.84. This represents a $3.60 annualized dividend and a yield of 2.91%. Johnson & Johnson’s payout ratio is currently 46.03%.

About Johnson & Johnson

Johnson & Johnson, together with its subsidiaries, researches and develops, manufactures, and sells various products in the health care field worldwide. Its Consumer segment offers baby care products under the JOHNSON'S brand; oral care products under the LISTERINE brand; beauty products under the AVEENO, CLEAN & CLEAR, DABAO, JOHNSON'S Adult, LE PETITE MARSEILLAIS, NEUTROGENA, RoC, and OGX brands; over-the-counter medicines, including acetaminophen products under the TYLENOL brand; cold, flu, and allergy products under the SUDAFED brand; allergy products under the BENADRYL and ZYRTEC brands; ibuprofen products under the MOTRIN IB brand; and acid reflux products under the PEPCID brand.

Earnings History and Estimates for Johnson & Johnson (NYSE:JNJ)

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