Shares fell 0.2% to $91.40 on Thursday.
The first-quarter dividend is in line with the dividend offered for the fourth quarter of 2013. The dividend is payable on March 11, 2014, to shareholders of record as of Feb. 25. The ex-dividend sate if set for Feb. 21, 2014.
TheStreet Ratings team rates JOHNSON & JOHNSON as a Buy with a ratings score of A. TheStreet Ratings Team has this to say about its recommendation:
"We rate JOHNSON & JOHNSON (JNJ) a BUY. This is based on the convergence of positive investment measures, which should help this stock outperform the majority of stocks that we rate. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, reasonable valuation levels, good cash flow from operations and expanding profit margins. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook."
Highlights from the analysis by TheStreet Ratings Team goes as follows:
- JNJ's revenue growth has slightly outpaced the industry average of 2.4%. Since the same quarter one year prior, revenues slightly increased by 3.1%. This growth in revenue does not appear to have trickled down to the company's bottom line, displayed by a decline in earnings per share.
- JNJ's debt-to-equity ratio is very low at 0.22 and is currently below that of the industry average, implying that there has been very successful management of debt levels. Along with the favorable debt-to-equity ratio, the company maintains an adequate quick ratio of 1.44, which illustrates the ability to avoid short-term cash problems.
- Net operating cash flow has increased to $5,947.00 million or 32.24% when compared to the same quarter last year. In addition, JOHNSON & JOHNSON has also modestly surpassed the industry average cash flow growth rate of 29.46%.
- JOHNSON & JOHNSON reported flat earnings per share in the most recent quarter. This company has reported somewhat volatile earnings recently. But, we feel it is poised for EPS growth in the coming year. During the past fiscal year, JOHNSON & JOHNSON increased its bottom line by earning $3.87 versus $3.48 in the prior year. This year, the market expects an improvement in earnings ($5.48 versus $3.87).
- You can view the full analysis from the report here: JNJ Ratings Report