How to Buy Johnson & Johnson Stock
Johnson & Johnson
Johnson & Johnson is a general drug manufacturer company located in New Jersey, United States, which is part of the Healthcare sector, and is traded under the ticker JNJ on the NYSE exchange.
Johnson & Johnson stock last closed at $161.46, up 0.59% from the previous day, and has increased 3.38% in one year. It has underperformed other stocks in the Drug Manufacturers - General industry by 0.15 percentage points. Johnson & Johnson stock is currently +12.81% from its 52-week low of $143.13, and -4.38% from its 52-week high of $168.85.
As of Oct 11, 2024, there are 2.41B shares of JNJ outstanding. The market capitalization of JNJ is $388.67B. In the last 24 hours, 5.18M JNJ shares were traded.
How to Buy Johnson & Johnson Stock
Not sure how to invest in Johnson & Johnson stock? Here's how.
- Figure out where to buy Johnson & Johnson stock: You need to choose a stock brokerage, but don't worry - we've analyzed dozens of online brokerages and apps to help you figure out where to buy Johnson & Johnson stock.
- Open your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Deposit funds into your investment account: Select your method of payment and add your details.
- Evaluate Johnson & Johnson stock: The Johnson & Johnson ticker symbol is JNJ. Is Johnson & Johnson stock a good investment? Should you buy shares of JNJ? How do JNJ's underlying business fundamentals look? Do top analysts think Johnson & Johnson is a good buy? Why has JNJ's stock price moved recently? (Hint: Our stock research website can help you understand if JNJ is a good stock to buy).
- Make your JNJ purchase: Decide if you will purchase JNJ shares at the current market price or use a limit order to purchase JNJ shares at a particular price.
- Watch your investment in JNJ: Create a watchlist to the latest updates on your investment in Johnson & Johnson stock.
Step 1: Figure out where to buy Johnson & Johnson stock
You need a brokerage account in order to access the NYSE market and buy JNJ stock.
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Open eToro AccountStep 2: Open your brokerage account
Now that you've selected the best brokerage, you'll need to fill out some personal details so you can invest in JNJ stock today.
How to Open a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal data to open a new brokerage account.
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Step 3: Deposit funds into your investment account
Now that you've filled out your info on one of the best stock trading apps, you can securely and quickly fund your account:
Watch the video below if you need help transferring money into your brokerage account.
Step 4: Evaluate Johnson & Johnson stock
After you have identified the best place to buy Johnson & Johnson stock, it's crucial to evaluate their stock before you buy, so you truly comprehend the risk as well as the upside.
Johnson & Johnson Metrics
Johnson & Johnson Overview
WallStreetZen was created to help average investors perform better fundamental analysis.
You can see all of the due diligence checks on JNJ's stock page.
Is JNJ stock undervalued?
Analysts use many financial metrics, analyses, models, and charts to gauge JNJ's fair value.
Using relative valuations measures:
- JNJ could be undervalued based on its P/E ratio of 10.6x, relative to Drug Manufacturers - General industry P/E ratio of 50.38x
- JNJ could be undervalued based on its P/B ratio of 5.43x, relative to Drug Manufacturers - General industry P/B ratio of 6.83x
You can access more valuation research on JNJ's stock here.
JNJ Financial Overview
Passed Health Checks:
- Total JNJ debt is lower than 5 years ago, relative to shareholder equity.
- There are more short-term assets than long-term liabilities on the JNJ balance sheet.
- JNJ's operating cash flow of $24.64B allows it to safely service it's debt of $41.49B.
- JNJ earnings of $40.96B is not sufficient to cover its interest payments.
- JNJ profit margin has gone up from 17.4% to 48.3% in the past year.
- There are more short-term assets than short-term liabilities on the JNJ balance sheet.
Failed Health Checks:
- JNJ has a relatively high debt to equity ratio of 1.53.
Is JNJ stock a Buy, Hold, or Sell, according to analysts?
Out of 8 Equities analysts who research JNJ, the consensus analyst rating on JNJ is a Buy
Please keep in mind that analyst forecasts are not recommendations, nor are they investment advice.
Latest JNJ Analyst Ratings
Terence Flynn, a top 7% analyst from Morgan Stanley maintains JNJ with a hold rating and raises their JNJ price target from $167.00 to $169.00, on Jul 18, 2024.
Morten Herholdt, a bottom 18% analyst from HSBC upgrades JNJ to a strong buy rating and raises their JNJ price target from $169.00 to $170.00, on Apr 18, 2024.
HSBC's Morten Herholdt upgraded their rating on Johnson & Johnson (NYSE: JNJ) from Hold to Strong Buy on 2024/04/18. The analyst also raised their price target by 0.6% from $169 to $170.
Johnson & Johnson stock has discounted to a three-year low in spite of "unchanged fundamentals and well-known headwinds," the analyst pointed out.
At its current valuation, the stock has "asymmetric risk, attractive upside, and diversity that limits material operational downside," Herholdt argued, adding that a resolution of the Talc lawsuit would be positive for the share price.
Geoff Meacham, a bottom 5% analyst from Bank of America maintains JNJ with a hold rating and lowers their JNJ price target from $180.00 to $170.00, on Apr 17, 2024.
You can dig deeper into what analysts are forecasting on the Johnson & Johnson stock forecast page.
JNJ Technicals
JNJ Growth Metrics
Last year, JNJ earnings were $38.02B. During the past 5 year, JNJ's earnings have grown by 20% per year. This was faster than the Drug Manufacturers - General industry average of 3.53%.
Last year, JNJ revenue was $78.71B. Over the past 5 year, JNJ's revenue has gone up by -0.65% per year. This was slower than the Drug Manufacturers - General industry average of 7.9%.
You can analyze JNJ's earnings and revenue performance here.
What are JNJ insiders up to?
In the past year, executives and large shareholders at JNJ have sold more shares than they have bought.
Robert J. Decker, VP Corporate Controller of JNJ, was the latest JNJ insider to sell. They sold $930,113.10 worth of JNJ stock on Aug 30, 2024.
Learn more about who owns JNJ shares here.
Can I get consistent income from JNJ stock?
Johnson & Johnson pays a dividend of 3.01%, compared to the Drug Manufacturers - General industry's average dividend yield of 3.18%. If you owned $1,000 of JNJ stock, you would have been paid $30.10 in the past year.
Johnson & Johnson dividend payments have consistently grown over the past decade and have remained stable.
Get more info about Johnson & Johnson dividend yield and history here.
What others are saying about JNJ
One of the reasons eToro is our highest-rated brokerage is because of its social trading community.
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Step 5: Make your JNJ purchase
There are two main options:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are usually fine. - Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
If you want to ensure you're buying or selling at an exact price, use a limit order.
Press the Open Trade button and your broker will execute the order.
If you want additional assistance investing in stocks on eToro, click the helpful video below:
Step 6: Watch your investment in JNJ
Now that you own some JNJ stock, you'll want to keep up with your new shares.
Start a watchlist to keep track of your JNJ stock.
JNJ Feed
How to Buy Stock in Johnson & Johnson
To reiterate, here are the 6 steps to buy stock in Johnson & Johnson:
- Figure out where to buy Johnson & Johnson stock
- Open your brokerage account
- Deposit funds into your investment account
- Evaluate Johnson & Johnson stock
- Make your JNJ purchase
- Watch your investment in JNJ
If you are looking for a place to buy stocks, eToro is our favorite option.
Get Started with eToro TodayIf you want to get the latest scoop on your new investment in Johnson & Johnson, add JNJ to your watchlist below.
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