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How Does Mead Johnson Compare to Key Moving Averages?

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Dec. 4 2020, Updated 10:53 a.m. ET

Moving averages

On May 4, 2016, Mead Johnson (MJN) closed at $84.87. That’s 9.5% above its 100-day moving average, 4.2% above its 50-day moving average, and 0.1% above its 20-day moving average. So far, the stock has risen 7.5% in 2016.

Mead Johnson’s peers in the industry include Kellogg (K), Flowers Foods (FLO), and Campbell Soup (CPB).

Kellogg closed at $77.02 on May 4. That’s 4.0% above its 100-day moving average, 1.3% above its 50-day moving average, and 0.4% above its 20-day moving average. So far, it has risen ~7% in 2016. Flowers Foods closed at $19.17 the same day. That’s 0.8% below its 100-day moving average, 4.9% above its 50-day moving average, and 2.2% above its 20-day moving average. So far, it has fallen 11% in 2016.

Campbell Soup is trading 6.0% above its 100-day moving average, 0.7% below its 50-day moving average, and 0.4% above its 20-day moving average. So far, it has risen by almost 19% in 2016. Campbell Soup closed at $62.37 on May 4.

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The Guggenheim S&P Equal Weight Consumer Staples ETF (RHS) invests 2.3% in Mead Johnson, 2.6% in Kellogg, and 2.7% in Campbell Soup. RHS is trading 3.5% above its 100-day moving average, 0.85% above its 50-day moving average, and 0.60% above its 20-day moving average. It rose by 5% in the last two months. It closed at $121.60 on May 4. The Consumer Staples Select Sector SPDR Fund (XLP) invests 1.2% in Kellogg.

Analysts’ estimates

For the next 12 months, analysts’ estimates indicate upsides of 4.4% for Mead Johnson and 1.3% for Kellogg from their current levels on May 4. Meanwhile, Flowers Foods and Campbell Soup already beat analysts’ estimates by 0.89% and 1.6%, respectively.

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