Mead Johnson Nutrition Companys in-depth stock price analysis indicates that the stock price has rallied 23.55% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 5.37% . Looking at the past 52 week period, the stock price is up at 24.37% . Relative price strength is a important factor used by wealth management firms while investing in stocks since the indicator compares the stock performance with the overall market. The relative price strength of Mead Johnson Nutrition Company has a negative value of -16.72 compared to overall market performance. Mead Johnson Nutrition Company (NYSE:MJN) has climbed 4.33% in the past week and advanced 24.62% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 3.49% and the outperformance has advanced to 22.39% for the last 4 weeks period.
Mead Johnson Nutrition Company (NYSE:MJN) : On Friday heightened volatility was witnessed in Mead Johnson Nutrition Company (NYSE:MJN) which led to swings in the share price. The stock opened for trading at $86.99 and hit $87.84 on the upside , eventually ending the session at $87.72, with a gain of 5.62% or 4.67 points. The heightened volatility saw the trading volume jump to 50,308,024 shares. The 52-week high of the share price is $94.4 and the company has a market cap of $16,204 million. The 52-week low of the share price is at $68.58 .
Mead Johnson Nutrition CO Last issued its quarterly earnings results on Jan 26, 2017. The company reported $0.78 EPS for the quarter, missing the analyst consensus estimate by $ -0.03. Analyst had a consensus of $0.81. The company had revenue of $901.60 million for the quarter, compared to analysts expectations of $923.43 million. The companys revenue was down -6.8 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.78 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Company shares were Downgraded by BMO Capital Markets on Feb 10, 2017 to Market Perform, Raises Price Target to $ 90 from a previous price target of $84 .Mead Johnson Nutrition CO was Upgraded by Berenberg to Hold on Feb 2, 2017. Mead Johnson Nutrition CO was Initiated by Berenberg to Sell on Jan 18, 2017.
Company has reported several Insider transactions to the SEC, on Nov 1, 2016, Anna C Catalano (director) sold 656 shares at 74.99 per share price.On Aug 15, 2016, Kimberly A Casiano (director) sold 710 shares at 89.75 per share price.On Aug 5, 2016, Graciela Monteagudo (SVP&PresAmericas&Glob.Marketg) sold 45,873 shares at 87.69 per share price.
Mead Johnson, a global leader in pediatric nutrition, develops, manufactures, markets and distributes more than 70 products in over 50 markets worldwide. The companys mission is to nourish the worlds children for the best start in life. The Mead Johnson name has been associated with science-based pediatric nutrition products for over 100 years. The companys Enfa family of brands, including Enfamil? infant formula, is the worlds leading brand franchise in pediatric nutrition.