2. As of noon trading, Mead Johnson Nutrition Company ( MJN) is down $2.68 (-3.4%) to $76.28 on heavy volume Thus far, 2.5 million shares of Mead Johnson Nutrition Company exchanged hands as compared to its average daily volume of 1.8 million shares. The stock has ranged in price between $75.43-$77.68 after having opened the day at $76.84 as compared to the previous trading day's close of $78.96.

Mead Johnson Nutrition Company manufactures, distributes, and sells infant formulas, children's nutrition, and other nutritional products. Mead Johnson Nutrition Company has a market cap of $15.9 billion and is part of the food & beverage industry. The company has a P/E ratio of 26.5, above the S&P 500 P/E ratio of 17.7. Shares are up 18.5% year to date as of the close of trading on Friday. Currently there are 6 analysts that rate Mead Johnson Nutrition Company a buy, no analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates Mead Johnson Nutrition Company as a buy. The company's strengths can be seen in multiple areas, such as its notable return on equity, expanding profit margins, good cash flow from operations, impressive record of earnings per share growth and compelling growth in net income. We feel these strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value. Get the full Mead Johnson Nutrition Company Ratings Report now.

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