What's Happening with JNJ
Johnson & Johnson (JNJ) is scheduled to report Quarter 1 numbers before the market open on April 20. Analysts forecast earnings of $0.81 per share for the quarter. During the same period last year the company earned $0.79, and the stock is up 3.0% on the year.
Technical Analysis
JNJ was recently trading at $162.18 down $11.47 from its 12-month high and $28.53 above its 12-month low. InvestorsObserver gives JNJ a 48 long-term technical score and a 42 short-term technical score. The stock has recent support above $158.62 and recent resistance below $166.02. Of the 11 analysts who cover the stock 7 rate it Strong Buy, 1 rate it Buy, 3 rate it Hold, 0 rate it Sell, and 0 rate it Strong Sell, JNJ gets an overall score of 52 from InvestorsObserver.
Analysts' Thoughts
JNJ has shown annual earnings growth of 9.93% over the last five years, and looking ahead analysts expect the company to grow profits 8.14% per annum the next five years. Last quarter the company posted better than expected EPS and this quarter the street expects $1.99 EPS. JNJ is currently trading at $162.18 with an average price target of $185.44.