Johnson Johnson Earnings Estimate

JNJ
 Stock
  

USD 179.52  2.01  1.13%   

Many public companies, such as Johnson Johnson, manage the perception of their earnings on a regular basis to make sure that analyst estimates are accurate. Future earnings calculations are also an essential input when attempting to value a firm. By analyzing Johnson Johnson's earnings estimates, investors can diagnose different trends across Johnson Johnson's analyst sentiment over time as well as compare current estimates against different timeframes.
Johnson Johnson is projected to generate 9.8 in earnings per share on the 31st of December 2021. Johnson Johnson earnings estimates module stress-tests analyst consensus about projected Johnson Johnson EPS (Earning Per Share) to derive its highest and lowest estimates based on its historical volatility. Please see Risk vs Return Analysis.
  
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The current Gross Profit is estimated to decrease to about 60.5 B. The current Profit Margin is estimated to decrease to 0.13
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Johnson Johnson Earnings Estimation Breakdown

Calculation of earning per share of Johnson Johnson is based on official Zacks consensus of 5 analysts regarding Johnson Johnson future annual earnings. Given the historical accuracy of 92.4%, the future earnings per share of Johnson Johnson is estimated to be 9.8 with the lowest and highest values of 9.78 and 9.81, respectively. Please note that this consensus of annual earnings estimates for Johnson Johnson is an estimate of EPS before non-recurring items and including employee stock options expenses
  Current EPS 6.69
9.78
Lowest
Expected EPS 9.8
9.81
Highest

Johnson Johnson Earnings Projection Consensus

Suppose the current estimates of Johnson Johnson's value are higher than the current market price of the Johnson Johnson stock. In this case, investors may conclude that Johnson Johnson is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and Johnson Johnson's stock will quickly adjusts to the new information provided by the consensus estimate.
Number of AnalystsHistorical AccuracyCurrent EPSEPS Estimate for 31st of December 2021

5

92.4%

6.69

9.8

Johnson Johnson Earnings History

Earnings estimate consensus by Johnson Johnson analysts from Wall Street is used by the market to judge Johnson Johnson's stock performance. The investors also use these earnings estimates to evaluate and project the stock performance into the future in order to make their investment decisions. However, we recommend analyzing not only Johnson Johnson's upcoming profit reports and earnings-per-share forecasts but also compare them to our different valuation methods.

Johnson Johnson Quarterly Earnings Before Interest Taxes and Depreciation Amortization EBITDA

7.64 Billion

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The current Price to Earnings Ratio is estimated to increase to 164.55, while Accumulated Retained Earnings Deficit are projected to decrease to under 118.3 B. Johnson Johnson Weighted Average Shares is decreasing as compared to previous years. The last year's value of Weighted Average Shares was reported at 2.63 Billion. The current Weighted Average Shares Diluted is estimated to increase to about 2.9 B, while Issuance Purchase of Equity Shares is projected to decrease to (4.1 B).
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Johnson Johnson's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Johnson Johnson in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
178.37179.59180.81
Details
Intrinsic
Valuation
LowReal ValueHigh
161.57200.32201.54
Details
Naive
Forecast
LowNext ValueHigh
183.29184.51185.73
Details
9 Analysts
Consensus
LowTarget PriceHigh
175.00190.56215.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Johnson Johnson. Your research has to be compared to or analyzed against Johnson Johnson's peers to derive any actionable benefits. When done correctly, Johnson Johnson's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Johnson Johnson.
Note that many institutional investors and large investment bankers can move markets due to the volume of Johnson assets they manage. They also follow analysts to some degree and often drive overall investor sentiments towards Johnson Johnson. With so many stockholders watching consensus numbers, the difference between actual and projected earnings is one of the most critical factors driving Johnson stock price in the short term.

Johnson Johnson Earnings per Share Projection vs Actual

Actual Earning per Share of Johnson Johnson refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering Johnson Johnson predict the company's earnings will be in the future. The higher the earnings per share of Johnson Johnson, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.

Johnson Johnson Estimated Earnings per Share

For an investor who is primarily interested in generating an income out of investing in entities such as Johnson Johnson, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of Johnson Johnson should always be considered in relation to other companies to make a more educated investment decision.

Johnson Quarterly Analyst Estimates and Surprise Metrics

Earnings surprises can significantly impact Johnson Johnson's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2022-04-19
2022-03-312.562.670.11
2022-01-25
2021-12-312.122.130.01
2021-10-19
2021-09-302.35272.60.247310 
2021-07-21
2021-06-302.28332.480.1967
2021-04-20
2021-03-312.34532.590.244710 
2021-01-26
2020-12-311.82791.860.0321
2020-10-13
2020-09-301.98152.20.218511 
2020-07-16
2020-06-301.51121.670.158810 
2020-04-14
2020-03-311.9962.30.30415 
2020-01-22
2019-12-311.86631.880.0137
2019-10-15
2019-09-302.01492.120.1051
2019-07-16
2019-06-302.44262.580.1374
2019-04-16
2019-03-312.04342.10.0566
2019-01-22
2018-12-311.95261.970.0174
2018-10-16
2018-09-302.03182.050.0182
2018-07-17
2018-06-302.06722.10.0328
2018-04-17
2018-03-312.00222.060.0578
2018-01-23
2017-12-311.72381.740.0162
2017-10-17
2017-09-301.80351.90.0965
2017-07-18
2017-06-301.78691.830.0431
2017-04-18
2017-03-311.77351.830.0565
2017-01-24
2016-12-311.5641.580.016
2016-10-18
2016-09-301.65691.680.0231
2016-07-19
2016-06-301.67871.740.0613
2016-04-19
2016-03-311.65091.680.0291
2016-01-26
2015-12-311.41891.440.0211
2015-10-13
2015-09-301.451.490.04
2015-07-14
2015-06-301.671.710.04
2015-04-14
2015-03-311.541.560.02
2015-01-20
2014-12-311.251.270.02
2014-10-14
2014-09-301.451.50.05
2014-07-15
2014-06-301.551.660.11
2014-04-15
2014-03-311.481.540.06
2014-01-21
2013-12-311.21.240.04
2013-10-15
2013-09-301.321.360.04
2013-07-16
2013-06-301.391.480.09
2013-04-16
2013-03-311.41.440.04
2013-01-22
2012-12-311.171.190.02
2012-10-16
2012-09-301.211.250.04
2012-07-17
2012-06-301.291.30.01
2012-04-17
2012-03-311.351.370.02
2012-01-24
2011-12-311.091.130.04
2011-10-18
2011-09-301.211.240.03
2011-07-19
2011-06-301.241.280.04
2011-04-19
2011-03-311.261.350.09
2011-01-25
2010-12-311.031.030
2010-10-19
2010-09-301.151.230.08
2010-07-20
2010-06-301.211.210
2010-04-20
2010-03-311.271.290.02
2010-01-26
2009-12-310.971.020.05
2009-10-13
2009-09-301.131.20.07
2009-07-14
2009-06-301.121.150.03
2009-04-14
2009-03-311.221.260.04
2009-01-20
2008-12-310.920.940.02
2008-10-14
2008-09-301.111.170.06
2008-07-15
2008-06-301.121.180.06
2008-04-15
2008-03-311.21.260.06
2008-01-22
2007-12-310.860.880.02
2007-10-16
2007-09-300.991.060.07
2007-07-17
2007-06-3011.050.05
2007-04-17
2007-03-311.051.160.1110 
2007-01-23
2006-12-310.790.810.02
2006-10-17
2006-09-300.930.980.05
2006-07-18
2006-06-300.970.980.01
2006-04-18
2006-03-310.980.990.01
2006-01-24
2005-12-310.730.730
2005-10-18
2005-09-300.860.870.01
2005-07-19
2005-06-300.910.930.02
2005-04-19
2005-03-310.920.970.05
2005-01-25
2004-12-310.640.670.03
2004-10-12
2004-09-300.760.780.02
2004-07-13
2004-06-300.790.820.03
2004-04-13
2004-03-310.80.830.03
2004-01-20
2003-12-310.560.570.01
2003-10-14
2003-09-300.680.690.01
2003-07-15
2003-06-300.690.70.01
2003-04-15
2003-03-310.680.690.01
2003-01-21
2002-12-310.470.46-0.01
2002-10-15
2002-09-300.590.57-0.02
2002-07-16
2002-06-300.580.60.02
2002-04-16
2002-03-310.580.590.01
2002-01-22
2001-12-310.390.390
2001-10-16
2001-09-300.480.50.02
2001-07-17
2001-06-300.530.51-0.02
2001-04-17
2001-03-310.520.5-0.02
2001-01-23
2000-12-310.320.330.01
2000-10-17
2000-09-300.440.450.01
2000-07-18
2000-06-300.460.470.01
2000-04-18
2000-03-310.450.470.02
2000-01-25
1999-12-310.280.280
1999-10-19
1999-09-300.390.40.01
1999-07-20
1999-06-300.410.420.01
1999-04-20
1999-03-310.40.410.01
1999-01-26
1998-12-310.250.250
1998-10-13
1998-09-300.350.350
1998-07-14
1998-06-300.370.380.01
1998-04-14
1998-03-310.370.370
1998-01-20
1997-12-310.230.240.01
1997-10-14
1997-09-300.320.320
1997-07-15
1997-06-300.340.340
1997-04-15
1997-03-310.340.340
1997-01-21
1996-12-310.210.210
1996-10-16
1996-09-300.280.280
1996-07-16
1996-06-300.290.30.01
1996-04-16
1996-03-310.290.30.01

About Johnson Johnson Earnings Estimate

The earnings estimate module is a useful tool to check what professional financial analysts are assuming about the future of Johnson Johnson earnings. We show available consensus EPS estimates for the upcoming years and quarters. Investors can also examine how these consensus opinions have evolved historically. We show current Johnson Johnson estimates, future projections, as well as estimates 1, 2, and three years ago. Investors can search for a specific entity to conduct investment planning and build diversified portfolios. Please note, earnings estimates provided by Macroaxis are the average expectations of expert analysts that we track. If a given stock such as Johnson Johnson fails to match professional earnings estimates, it usually performs purely. Wall Street refers to that as a 'negative surprise.' If a company 'beats' future estimates, it's usually called an 'upside surprise.'
Please read more on our stock advisor page.
Last ReportedProjected for 2022
Accumulated Retained Earnings Deficit123.1 B118.3 B
Earning Before Interest and Taxes EBIT23 B21.9 B
Earnings per Basic Share 7.93  4.43 
Earnings per Diluted Share 7.81  4.36 
Price to Earnings Ratio 21.57  164.55 
Earnings Before Interest Taxes and Depreciation Amortization EBITDA30.3 B28.7 B
Earnings before Tax22.8 B21.3 B
Johnson Johnson researches and develops, manufactures, and sells various products in the healthcare field worldwide. Johnson Johnson was founded in 1886 and is based in New Brunswick, New Jersey. Johnson Johnson operates under Drug ManufacturersGeneral classification in the United States and is traded on New York Stock Exchange. It employs 144000 people.

Johnson Johnson Investors Sentiment

The influence of Johnson Johnson's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Johnson. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.

Johnson Johnson Implied Volatility

    
  19.55  
Johnson Johnson's implied volatility exposes the market's sentiment of Johnson Johnson stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Johnson Johnson's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Johnson Johnson stock will not fluctuate a lot when Johnson Johnson's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Johnson Johnson in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Johnson Johnson's short interest history, or implied volatility extrapolated from Johnson Johnson options trading.

Current Sentiment - JNJ

Johnson Johnson Investor Sentiment

Predominant part of Macroaxis users are currently bullish on Johnson Johnson. What is your judgment towards investing in Johnson Johnson? Are you bullish or bearish?
Bullish
Bearish
98% Bullish
2% Bearish

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Please see Risk vs Return Analysis. Note that the Johnson Johnson information on this page should be used as a complementary analysis to other Johnson Johnson's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.

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Is Johnson Johnson's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Johnson Johnson. If investors know Johnson will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Johnson Johnson listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
-0.17
Market Capitalization
472.4 B
Quarterly Revenue Growth YOY
0.05
Return On Assets
0.0896
Return On Equity
0.28
The market value of Johnson Johnson is measured differently than its book value, which is the value of Johnson that is recorded on the company's balance sheet. Investors also form their own opinion of Johnson Johnson's value that differs from its market value or its book value, called intrinsic value, which is Johnson Johnson's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Johnson Johnson's market value can be influenced by many factors that don't directly affect Johnson Johnson's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Johnson Johnson's value and its price as these two are different measures arrived at by different means. Investors typically determine Johnson Johnson value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Johnson Johnson's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.