Johnson & Johnson Q1 Earnings Preview: Shockwave Could Be A Good Fit Despite Headwinds [Seeking Alpha]
ShockWave Medical, Inc. (SWAV)
Last shockwave medical, inc. earnings: 2/13 04:03 pm
Check Earnings Report
Company Research
Source: Seeking Alpha
In this earnings preview, I share my thoughts on JNJ's previous earnings and what can be expected from the upcoming report. I also discuss the acquisition of Shockwave Medical, which, at 70 times earnings and 13 times sales, seems very expensive. In particular, I examine JNJ's latest move in light of the company's acquisition-related track record. After all, Johnson & Johnson has spent more than $72 billion on acquisitions since 2012. Finally, I provide a brief valuation update and share whether I think JNJ stock is a good buy ahead of Q1 earnings. Introduction The shares of pharmaceutical and medical technology giant Johnson & Johnson NYSE: JNJ ) have had a rather sobering performance over the last couple of years and lagged the broader market. Of course, it is currently difficult for a "boring" value stock of Recommended For You Recommended For You
Show less
Read more
Impact Snapshot
Event Time:
SWAV
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
SWAV alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
SWAV alerts
High impacting ShockWave Medical, Inc. news events
Weekly update
A roundup of the hottest topics
SWAV
News
- Why the Market Dipped But Shockwave Medical (SWAV) Gained Today [Yahoo! Finance]Yahoo! Finance
- Is Invesco S&P MidCap 400 GARP ETF (GRPM) a Strong ETF Right Now? [Yahoo! Finance]Yahoo! Finance
- Shockwave Medical (SWAV) Rose on an Acquisition News and Solid Financial Result [Yahoo! Finance]Yahoo! Finance
- Baron Health Care Fund Q1 2024 Shareholder Letter [Seeking Alpha]Seeking Alpha
- Why Investors Need to Take Advantage of These 2 Medical Stocks Now [Yahoo! Finance]Yahoo! Finance
SWAV
Earnings
- 2/15/24 - Beat
SWAV
Sec Filings
- 4/29/24 - Form DEFM14A
- 4/26/24 - Form 10-K/A
- 4/18/24 - Form PREM14A
- SWAV's page on the SEC website