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    Johnson & Johnson's Q4 Earnings Show Much Work Remains For Management

    Tue, 01/24/2012 - 13:12 EDT - Seeking Alpha
    • ABT
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    • JNJ
    • MDT
    • SJM
    • Stephen Simpson
    • SYK

    By Stephen Simpson:Going into this earnings release cycle, the growth expectations for med-tech companies like Johnson & Johnson (JNJ) were already pretty modest. Although this healthcare and consumer giant is actually doing reasonably well from a revenue perspective, operating leverage has been lacking. Though JNJ is among the long list of med-tech names that are trading below fair value, there are more compelling names to own today.
    Fourth Quarter Results - Started Okay, But Got Worse
    With Stryker (SYK) and St. Jude (SJM) already paving the way to relatively low expectations for the quarter, JNJ's fourth quarter performance didn't disappoint. In point of fact, 4% sales growth is actually pretty good in a market like this. Consumer sales growth was a little soft (up 2.7%), while devices/diagnostics was as expected (up 2.4%) and pharmaceuticals (up 6.6%) were actually stronger than expected.Where JNJ seems especially challenged now, though, is in its operatingComplete Story »

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    • Stryker Seems Back On Track, But There's Work To Do

      By Stephen Simpson:Over the past year or so, investors have come back to the med-tech space and pushed valuations back up to levels closer to historical norms. Although that means a lot of easy money is gone, many of these companies still hold worthwhile potential as long-term holdings. Among them, Stryker (SYK) may still be among the most interesting.

    • Why Johnson & Johnson's Long-Term Tailwinds Are Intact

      By Valuentum: Diversified medical and consumer products firm Johnson & Johnson (JNJ) reported solid fourth-quarter results Tuesday morning. Sales jumped 8% year-over-year to $17.6 billion, roughly in-line with consensus expectations. Earnings were slightly better than anticipated, growing 5.3% year-over-year to $1.19 per share-after adjusting for several special items.

    • Earnings Analysis: Medtronic Inc.

      By AnalytixInsight:Medtronic Inc. recently reported its preliminary financial results based on which CapitalCube provides a unique peer-based analysis of the company. Our analysis is based on the company's performance over the last twelve months (unless stated otherwise).

    • How Safe Are Johnson & Johnson's Dividends?

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    • Johnson & Johnson: Buying This Cash Cow With 4.8% Discount Through Options

      ByNick Chiu:Johnson & Johnson (JNJ) is the world's largest and most diverse health-care company, which comprises three divisions: pharmaceutical, medical devices and diagnostics, and consumer.

    • J&J: Earnings Recap And Dividend Growth Profile

      By Valuentum: Johnson & Johnson (JNJ) reported mixed fourth-quarter results Tuesday. Though we weren't exactly enthralled by the firm's performance, we believe JNJ to be a key holding in the portfolio of our Dividend Growth Newsletter. Our fair value estimate for JNJ is unchanged at this time.

    • Johnson & Johnson: Why This Healthcare Giant Is Still A Buy

      The Dividend Pig submits:Johnson and Johnson (NYSE: JNJ) and its subsidiaries are engaged in the research and development, manufacture and sale of a range of products in the health care field. It has more than 250 operating companies conducting business in 60 countries worldwide.

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