Johnson & Johnson (JNJ) gains as Q2 earnings, revenue beat estimates

RBC Capital Reiterates Outperform Rating on Johnson & Johnson (JNJ)

July 18, 2024 6:14 AM EDT

RBC Capital analyst Shagun Singh reiterated an Outperform rating and $175.00 price target on Johnson & Johnson (NYSE: JNJ).

The analyst comments "JNJ's stock traded higher (+3.7%) post-Q2'24 beat. It maintained its FY24 adjusted operational sales growth outlook but lowered adjusted EPS to reflect M&A-related... More

Johnson & Johnson (JNJ) PT Raised to $160 at Stifel

July 17, 2024 1:58 PM EDT

Stifel analyst Rick Wise raised the price target on Johnson & Johnson (NYSE: JNJ) to $160.00 (from $155.00) while maintaining a Hold rating.

The analyst comments "Offsetting concerns about China and competitive pressures, JNJs robust Innovative Medicine (65.5% of sales, +8.8% y/y) performance reiterated a still-positive 2H24 growth... More

Johnson & Johnson (JNJ) Declares $1.24 Quarterly Dividend; 3.3% Yield

July 17, 2024 6:25 AM EDT

Johnson & Johnson (NYSE: JNJ) declared a quarterly dividend of $1.24 per share, or $4.96 annualized.

The dividend will be payable on September 10, 2024, to stockholders of record on August 27, 2024, with an ex-dividend date of August 26, 2024.

The annual yield on the dividend is 3.3... More

Johnson & Johnson (JNJ) Tops Q2 EPS by 10c, Beats on Revenue; Offers FY24 EPS Guidance

July 17, 2024 6:21 AM EDT

Johnson & Johnson (NYSE: JNJ) reported Q2 EPS of $2.82, $0.10 better than the analyst estimate of $2.72. Revenue for the quarter came in at $22.45 billion versus the consensus estimate of $22.34 billion.

GUIDANCE:

Johnson & Johnson sees FY2024 EPS of $10.05, versus the consensus of... More

Stocks expected to have increasing option volume: JNJ ELV USB SYF CFG ALLY BE SAVE JBHT

July 17, 2024 6:00 AM EDT

Stocks expected to have increasing option volume: JNJ ELV USB SYF CFG ALLY BE SAVE JBHT

... More

Tech weakness, Taiwan concerns, Amazon's Prime Day - what's moving markets

July 17, 2024 5:47 AM EDT

Investing.com -- Tech stocks look set to drop sharply at the U.S. open Wednesday, after ASML's disappointing guidance and worries about Taiwan. Amazon looks set o benefit from its Prime Day, while U.K inflation shows underlying strength. 

1. Futures slip as tech stocks slump 

U.S. stock futures fell Wednesday, retreating from record levels with the tech sector taking the brunt of the selling after a downbeat forecast from Dutch semiconductor firm ASML (AS: ASML). 

By 04:30 ET (08:30 GMT), the... More

Johnson & Johnson (JNJ) call put ratio 5.5 calls to 1 put with focus on July and August 155 calls into quarter results

July 16, 2024 11:04 AM EDT

Johnson & Johnson (NYSE: JNJ) July call option implied volatility is at 37, August is at 17; compared to its 52-week range of 12 to 21 into the expected release of quarter results before the bell on July 17. Call put ratio 5.5 calls to 1 put with focus on July and August 155 calls.

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Johnson & Johnson (JNJ) July 149 straddle into quarter results

July 16, 2024 5:19 AM EDT

Johnson & Johnson (NYSE: JNJ) July 149 straddle priced for a move of 3% into the expected release of quarter results before the bell on July 17.

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JNJ Q2 earnings preview: This is what analysts expect

July 16, 2024 4:00 AM EDT

Pharmaceutical giant Johnson & Johnson (NYSE: JNJ) is set to release its fiscal Q2 2024 earnings before the markets open on Wednesday, July 17.

Per consensus estimates, analysts on Wall Street expect JNJ to report a profit of $2.73 per share, marking a 2.5% decrease from the $2.80 per share reported in the same quarter last year. Revenue is projected to be $22.3 billion, also a decline from the $25.53 billion recorded in the previous year.

Meanwhile, Wells Fargo analysts expect the companys Q2 earnings per share (EPS) to come in at $2.75, ahead of consensus.

Even our above-consensus forecast... More