Tag: MJN

  • Consumer Goods New Highs: Apple Inc. (NASDAQ:AAPL), Altria Group (NYSE:MO), Hanesbrands (NYSE:HBI), Mead Johnson Nutrition CO (NYSE:MJN)

    Apple Inc. (NASDAQ:AAPL) traded up 0.73% during mid-day trading on Thursday, hitting $571.94. The stock had a trading volume of 13,857,547 shares. Apple Inc.(NASDAQ:AAPL) shares after opening at $564.53 moved to $571.99 on last trade day and at the end of the day closed at $571.94. Company price to sales ratio in past twelve months was calculated as 2.93 and price to cash ratio as 12.53. Apple Inc. (NASDAQ:AAPL) showed a positive weekly performance of 8.95%.

    Altria Group (NYSE:MO) had its neutral rating reaffirmed by analysts at Zacks. The firm currently has a $40.00 price target on the stock. Zacks’ analyst wrote, “Altria’s first-quarter 2014 earnings of $0.57 were inline with the Zacks Consensus. However, earnings were ahead of the year ago results by 5.6% backed by strong performance of leading premium brands. Sales missed Zacks Consensus Estimate by 1.0% as soft revenue in the Smokeable segment offset the gains in the smokeless segment. Altria Group Inc (NYSE:MO) shares advanced 1.85% in last trading session and ended the day on $39.11. MO return on equity ratio is recorded as 118.80% and its return on assets is 12.80%. Altria Group Inc (NYSE:MO) yearly performance is 14.59%.

    Hanesbrands (NYSE:HBI) has been given a consensus recommendation of “Buy” by the fifteen ratings firms that are currently covering the company, American Banking News reports. Six analysts have rated the stock with a hold rating and eight have issued a buy rating on the company. The average 12-month target price among brokerages that have covered the stock in the last year is $79.90.Hanesbrands Inc.(NYSE:HBI) shares moved up 4.65% in last trading session and was closed at $78.94, while trading in range of $78.49 – 81.83 . Hanesbrands Inc.(NYSE:HBI) year to date (YTD) performance is 12.80%.

    Mead Johnson Nutrition CO (NYSE:MJN) shares hit a new 52-week high during trading on Thursday following a better than expected earnings announcement, Stock Ratings Network reports. The stock traded as high as $88.49 and last traded at $87.69, with a volume of 2,913,471 shares traded. The stock had previously closed at $84.27.

    Mead Johnson Nutrition CO (NYSE:MJN) reported $1.02 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.91 by $0.11. The company had revenue of $1.11 billion for the quarter, compared to the consensus estimate of $1.10 billion. Mead Johnson Nutrition CO(NYSE:MJN) weekly performance is 3.14%. On last trading day company shares ended up $87.10. Mead Johnson Nutrition CO (NYSE:MJN) distance from 50-day simple moving average (SMA50) is 5.49%. Analysts mean target price for the company is $90.23.