News headlines about Mead Johnson Nutrition CO (NYSE:MJN) have trended somewhat positive this week, according to Accern Sentiment Analysis. Accern identifies negative and positive news coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Mead Johnson Nutrition CO earned a media sentiment score of 0.17 on Accern’s scale. Accern also assigned media headlines about the company an impact score of 45.3777947815074 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
These are some of the news stories that may have effected Accern’s rankings:
- Mead Johnson Nutrition CO (NYSE:MJN) Given Consensus Rating of “Hold” by Analysts (americanbankingnews.com)
- Mead Johnson Nutrition CO (NYSE:MJN) Earns Slightly Trending News Reporting, Report Finds - Insider Tradings (insidertradings.org)
- Skender completes office for Mead Johnson (rejournals.com)
- Abbott Laboratories’ 2Q17 Results: Which Segment Fared Best? - Market Realist (marketrealist.com)
- Inc. Raises Stake in Mead Johnson Nutrition CO (MJN) (techzolix.com)
A number of brokerages have weighed in on MJN. Susquehanna Bancshares Inc set a $90.00 target price on Mead Johnson Nutrition CO and gave the company a “hold” rating in a report on Saturday, April 1st. BMO Capital Markets reaffirmed a “hold” rating and issued a $90.00 target price on shares of Mead Johnson Nutrition CO in a report on Thursday, June 15th. BidaskClub raised Mead Johnson Nutrition CO from a “sell” rating to a “hold” rating in a report on Wednesday, June 14th. Zacks Investment Research raised Mead Johnson Nutrition CO from a “sell” rating to a “hold” rating in a report on Wednesday, April 5th. Finally, Wells Fargo & Company downgraded Mead Johnson Nutrition CO from an “outperform” rating to a “market perform” rating and set a $89.00 target price on the stock. in a report on Monday, April 3rd. Two analysts have rated the stock with a sell rating and fourteen have given a hold rating to the stock. The company currently has a consensus rating of “Hold” and an average price target of $84.17.
Shares of Mead Johnson Nutrition CO (NYSE MJN) traded down 0.01% during mid-day trading on Friday, reaching $89.98. The company’s stock had a trading volume of 11,923,467 shares. Mead Johnson Nutrition CO has a 12 month low of $69.25 and a 12 month high of $94.40. The company’s 50-day moving average is $89.62 and its 200 day moving average is $84.34.
Mead Johnson Nutrition CO (NYSE:MJN) last released its quarterly earnings results on Thursday, April 27th. The company reported $0.80 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.79 by $0.01. The company had revenue of $883.50 million during the quarter, compared to the consensus estimate of $911.63 million. During the same period in the previous year, the company earned $0.87 earnings per share. Mead Johnson Nutrition CO’s quarterly revenue was down 8.2% on a year-over-year basis. Equities research analysts forecast that Mead Johnson Nutrition CO will post $3.30 earnings per share for the current year.
The business also recently declared a quarterly dividend, which was paid on Wednesday, July 5th. Investors of record on Tuesday, June 20th were paid a $0.4125 dividend. This represents a $1.65 dividend on an annualized basis and a yield of 1.83%. The ex-dividend date was Friday, June 16th. Mead Johnson Nutrition CO’s payout ratio is currently 51.72%.
TRADEMARK VIOLATION WARNING: “Mead Johnson Nutrition CO (NYSE:MJN) Given News Impact Score of 0.17” was first published by StockNewsTimes and is the sole property of of StockNewsTimes. If you are reading this news story on another publication, it was copied illegally and reposted in violation of United States & international copyright and trademark laws. The legal version of this news story can be viewed at https://stocknewstimes.com/2017/07/29/mead-johnson-nutrition-co-nysemjn-given-news-impact-score-of-0-17.html.
About Mead Johnson Nutrition CO
Mead Johnson Nutrition Company (Mead Johnson) is a pediatric nutrition company. The Company manufactures, distributes and sells infant formulas, children’s nutrition and other nutritional products. The Company operates through three segments: Asia, Latin America and North America/Europe. Its product portfolio includes routine and specialty infant formulas, children’s milks and milk modifiers, dietary supplements for pregnant and breastfeeding mothers, pediatric vitamins, and products for pediatric metabolic disorders.
Receive News & Ratings for Mead Johnson Nutrition CO Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mead Johnson Nutrition CO and related companies with MarketBeat.com's FREE daily email newsletter.
