Earnings is just around the corner for Johnson & Johnson (NYSE:JNJ) as the firm is slated to issue their report on 10/18/2016 8:30:00 AM. The firm has most recently posted quarter over quarter growth of -10.90% and sales growth of 3.90% quarter over quarter.
In terms of the trend lines, Johnson & Johnson (NYSE:JNJ) shares are currently -5.63% off of their 52-week high and 29.17% off from the 52-week low point. The stock is 5.47% from the 200-day moving average and -1.10% from the 50-day average. The Relative Strength Index for the stock stands at 46.29.
Increased volatility should be expected heading into and immediately after the Johnson & Johnson (NYSE:JNJ) earnings report. According to the most recent data, the average true range stands at 1.30 which is a measure of the most recent volatility. The number is an exponential 14-day moving average of the True Ranges (range of each trading day’s high and low). The average volatility for the week stands at 1.22% and 1.04% for the past month. The relative volume (ratio between current volume and 3-month average) stands at 0.68.
So is there any potential upside for the stock if Johnson & Johnson is able to meet or beat earnings? Analysts, on a consensus basis have a $126.61 on the stock, compared to a recent bid of $118.18. The average broker recommendation yields a score of 2.50, which is an integer based calculation from all of the buy, sell and hold recommendations from sell-side analysts.
Heading into the earnings report, 0.02% shares are held by company insiders. On the institutional front, 67.20% of Johnson & Johnson (NYSE:JNJ) are owned by firms or funds. Over the past few months, insider transactions have trended -10.95% while institutions saw a change of 0.01% in company stock.
Year to date, Johnson & Johnson (NYSE:JNJ) holders have seen returns of 17.57%. Over the past month the stock moved 0.34% and most recently shares over the past five trading days have moved -0.41%.