Johnson & Johnson (NYSE:JNJ) Quarterly Sales Review

Will JNJ’s Medical Device Segment Momentum Continue in 3Q17

Will JNJ’s Medical Device Segment Momentum Continue in 3Q17

The company had revenue of $18.84 billion for the quarter, compared to analyst estimates of $18.94 billion. Ullmann Financial Group Inc. acquired a new stake in Johnson & Johnson in the 1st quarter valued at $186,000. About 12,896 shares traded. Jefferies maintained Johnson & Johnson (NYSE:JNJ) on Tuesday, August 15 with "Hold" rating. It has underperformed by 4.16% the S&P500. The North Dakota-based Viking Fund Management Llc has invested 1.33% in the stock. Johnson & Johnson now has $366.18 billion valuation. The beta factor is 0.80.Volatility shows sense of how far the stock will fall if the market takes a dive and how high stock will rise if the bull starts to climb. The institutional investor bought 2,978 shares of the company's stock, valued at approximately $394,000. Johnson & Johnson (NYSE:JNJ) has risen 12.54% since October 13, 2016 and is uptrending. It has outperformed by 8.68% the S&P500.

Investors sentiment decreased to 0.83 in Q2 2017. Its down 0.03, from 0.86 in 2017Q1.

Investors and Traders continue to monitor technical levels of shares of Johnson & Johnson (JNJ). 105 funds opened positions while 667 raised stakes. Foundry Prtnrs Limited Liability Corp reported 239,545 shares. Signature & Advsrs Ltd Limited Liability Company holds 0.07% of its portfolio in Johnson & Johnson (NYSE:JNJ) for 4,153 shares. Lenox Wealth Advisors has invested 0.04% in Johnson & Johnson (NYSE:JNJ). Kemnay Advisory Services stated it has 500 shares. Leuthold Group Llc, a Minnesota-based fund reported 372,057 shares.

Johnson & Johnson (NYSE:JNJ) continues to be a formidable company. Ellington Mngmt Lc reported 10,800 shares. D E Shaw And owns 0.8% invested in Johnson & Johnson (NYSE:JNJ) for 3.66 million shares. Bancorp Pictet & Cie (Asia) Limited reported 77,500 shares. National Planning Corp accumulated 53,978 shares. Investors use this ratio to decide what multiple of earnings a share is worth. Meritage Portfolio Mgmt reported 1.5% stake. Cranbrook Wealth Mngmt Ltd Co holds 0.11% or 1,827 shares.

Bartlett & Co decreased Grainger Ww Inc. Johnson & Johnson's revenue for the quarter was up 1.9% compared to the same quarter a year ago. It also reduced Mobileye N V Amstelveen Ord Sh (NYSE:MBLY) stake by 165,435 shares and now owns 3,500 shares. Schlumberger Ltd (NYSE:SLB) was reduced too.

Among 23 analysts covering Johnson & Johnson (NYSE:JNJ), 12 have Buy rating, 5 Sell and 6 Hold. This is apparently because shareholders use the 52-week high as an "anchor" against which they value stocks, thus they tend to be reluctant to buy a stock as it nears this point regardless of new positive information. On average, analysts forecast that Johnson & Johnson will post $7.18 EPS for the current fiscal year. As per Thursday, October 5, the company rating was maintained by BMO Capital Markets. BTIG Research downgraded Johnson & Johnson (NYSE:JNJ) on Friday, July 21 to "Sell" rating. The company now has an average rating of Hold and a consensus price target of $135.98. The company has the market capitalization of $368.33B while its P/B ratio was 5.12. UBS has "Buy" rating and $148.0 target. The stock of Johnson & Johnson (NYSE:JNJ) has "Neutral" rating given on Monday, March 14 by Goldman Sachs. The firm has "Hold" rating given on Wednesday, April 6 by Societe Generale. The stock of Johnson & Johnson (NYSE:JNJ) earned "Buy" rating by UBS on Wednesday, July 19. The rating was upgraded by Deutsche Bank on Tuesday, September 29 to "Buy". The firm has "Hold" rating given on Tuesday, March 15 by Jefferies. TER's profit will be $85.62 million for 22.45 P/E if the $0.43 EPS becomes a reality. After having $1.83 EPS previously, Johnson & Johnson's analysts see -2.19 % EPS growth.

Since January 1, 0001, it had 0 insider purchases, and 1 insider sale for $12,844 activity. The insider Campbell Ann Marie sold $1.10M. Hewett Wayne M. also bought $54,989 worth of Home Depot Inc (NYSE:HD) on Wednesday, May 17. The Price to Book ratio for Johnson & Johnson NYSE:JNJ is 4.97153. Following the completion of the sale, the vice president now owns 226,693 shares of the company's stock, valued at $30,993,466.96. Yhb Invest Advisors reported 80,853 shares.

Among 6 analysts covering FLY Leasing (NYSE:FLY), 4 have Buy rating, 1 Sell and 1 Hold. Therefore 94% are positive. Flowserve Corporation had 67 analyst reports since July 28, 2015 according to SRatingsIntel. The rating was maintained by Needham with "Buy" on Thursday, June 8. The company was initiated on Friday, May 20 by Standpoint Research. The rating was upgraded by Wells Fargo on Monday, October 9 to "Buy". The firm has "Buy" rating given on Thursday, August 24 by Cowen & Co. The Piotroski score is used to determine the best value stocks, nine being the best. The company was maintained on Saturday, August 22 by JP Morgan. The firm has "Outperform" rating by RBC Capital Markets given on Wednesday, October 7. Flowserve Corp now has $5.81 billion valuation. "Separately, Exec VP, Finance; CFO Caruso Dominic J Sell 82591 shares of the company at a price of $136.72 on 2017-07-20".

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Notícias recomendadas

  • Pokken Tournament DX Adding Online Team Battles

    Pokken Tournament DX Adding Online Team Battles

    Coming soon after the update, there will be official Group Matches where players can battle to receive new special titles. Originally, fans weren't a fan of the limited online options, though Nintendo promised to update that eventually.
    Three fire victims identified in Mendocino County

    Three fire victims identified in Mendocino County

    Between the Redwood fire and the 2,500-acre Sulphur fire, about 8,000 people have been evacuated, according to Cal Fire. The Mendocino County coroner has identified two more of the eight people who have died in a wildfire in Redwood Valley.
    Arrow Season 6 Episode 2 Trailer and Details

    Arrow Season 6 Episode 2 Trailer and Details

    Oliver (Stephen Amell) struggles to connect with William (guest star Jack Moore) so he reaches out to a surprising source for help.
  • WeChat apologizes after turning 'black foreigner' into racial slur

    WeChat apologizes after turning 'black foreigner' into racial slur

    Google's own translation product, widely seen as the best on the market, can offer up problematic outputs. James said she was pleased by WeChat's response.
    Nouvelle stratégie africaine pour Maroc Telecom

    Nouvelle stratégie africaine pour Maroc Telecom

    Le patron de Maroc Telecom a ainsi adoubé le judoka français en marge de la présentation de la nouvelle stratégie de Branding.
    125-1 English outsider Matt Wallace leads Italian Open leaderboard at halfway

    125-1 English outsider Matt Wallace leads Italian Open leaderboard at halfway

    Donaldson had the shot of the day when he used his driver off the fairway on the ninth, his final hole, and hit to within 18 inches from 291 yards.
  • PayPal Holdings, Inc. (PYPL) Position Trimmed by Peapack Gladstone Financial Corp

    Morgan Stanley raised shares of PayPal Holdings from an "equal weight" rating to an "overweight" rating in a report on Wednesday. Equities analysts forecast that PayPal Holdings, Inc. will post $1.84 earnings per share for the current year.
    Ulster consign Wasps to fifth straight defeat in Champions Cup opener

    Ulster consign Wasps to fifth straight defeat in Champions Cup opener

    A very scrappy first half ended with a scrum penalty against Ulster and Jimmy Gopperth nudged Wasps ahead 6-3 in the 40th minute. The Ulster winger was then tackled by Christian Wade but threw a high pass inside which McCloskey collected to dot down.

    Southwest Airlines Co (LUV) Earns Buy Rating from Stifel Nicolaus

    It turned negative, as 48 investors sold LUV shares while 291 reduced holdings. 0 funds opened positions while 0 raised stakes. The airline reported $0.61 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.62 by $0.01.
  • Lam Research Corporation (LRCX) PT Raised to $215.00

    Currently, 132.41 million total shares are owned by the public and among those 132.03 million shares have been available to trade. The volume of LRCX witnessed a shift from 2.15 million shares, based on a 50-day average, to 2.13 million shares. (NYSE:WHG).
    Hyatt Hotels Says Card Data Breach Affected 41 Properties

    Hyatt Hotels Says Card Data Breach Affected 41 Properties

    In all, details stored by over 500 companies on Sabre Hospitality Solutions' Central Reservation system were breached. It was the latest significant hack to target the hotel chain since its last data breach in December 2015 .
    Police shoot man in Brooklyn

    Police shoot man in Brooklyn

    Police have not released the suspect's name, but sources say he does have prior arrests, including robbery, Doris reported. Authorities are investigating a police-involved shooting in Brooklyn Thursday night that left a man in critical condition.

We are pleased to provide this opportunity to share information, experiences and observations about what's in the news.
Some of the comments may be reprinted elsewhere in the site or in the newspaper.
Thank you for taking the time to offer your thoughts.