Johnson and Johnson
is a multinational company that has around 250 companies located in more than
60 countries around the world. It has three major business segments that
include Consumer Healthcare, Medical Devices and Diagnostics and
Pharmaceuticals.
JNJ’s revenues
have been growing for the past 3 years with 2013 revenues announced at $71.3
billion. The EPS has been increasing as well with
EPS for 2013 announced at $5.52.
Annually, EPS are expected to grow 5.33%. JNJ
Net sales are also appreciating around 4% annually. 2013 sales were
announced at $71.3 billion
Johnson and Johnson stock
price today as of 26th March is trading at $97.38 up 2.29% from
last night’s closing price of $95.2. Johnson
and Johnson stock has appreciated 6% since the start of 2014 and is
expected to appreciate to $102 in the upcoming 12 months.
Johnson and Johnsonstock price has appreciated 21% since 26th March, 2013. The
company’s stock had recently hit a 52 week high and investors are buying the
shares as if there is no tomorrow.
At a time when many drug companies are finding it hard to
add new revenue sources as their patents are expiring, JNJ has continued to
grow its revenues and Earnings year over year (YoY).
JNJ stock price
is still not as expensive and is rated as a buy by majority analysts.
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