Mead Johnson Nutrition Co. MJN Company Overview
Mead Johnson Nutrition Co. produces infant and children's pediatric nutrition. It develops, manufactures, markets and distributes nutritional products worldwide. The company's product portfolio addresses a broad range of nutritional needs for infants, children and expectant and nursing mothers. It markets its portfolio of more than seventy products to mothers, health care professionals and retailers in more than fifty countries in Asia, North America, Latin America and Europe. The company's pediatric nutrition products are grouped by category of feeding: infant formula products, children's nutrition products and other products. The infant formula products include formulas for routine feeding, solutions formulas for mild intolerance and specialty formula products, including formulas for severe intolerance, formulas for premature and low birth weight infants and medical nutrition products. The children's nutrition products are designed to provide children with enhanced nutrition, primarily in Asia and Latin America. It is further divided into two categories: Enfa branded children's nutrition products and other children's nutrition products. The Enfa branded children's nutrition products are marketed under the Enfa family of brands. It designs these products to meet the changing nutrition needs of children at different stages of development. The company also produces a range of other products, including pre-natal and post-natal nutritional supplements for expectant and nursing mothers, including Expecta LIPIL and EnfaMama A+. Its products for expectant or nursing mothers provide the developing fetus or breastfed infant with vitamin supplements and/or an increased supply of DHA for brain, visual and nervous system development. These products also supplement the mother's diet by providing either DHA or ARA with increased proteins, as well as vitamins and minerals. Its pediatric vitamin products, such as Enfamil Poly-Vi-Sol, provide a range of benefits for infants, including multivitamins and iron supplements. Mead Johnson Nutrition was founded by Edward Mead Johnson, Sr. in 1905 and is headquartered in Glenview, IL.
MJN Last Price: 81.09
Last Updated: October 26, 2013 11:17 AM
MJN Stock Message Board and Forum http://investorshangout.com/search?q=MJN&...mp;yt0=Go!
Mead Johnson Nutrition Co. MJN Officers and Executives
Name Age Officer Since Title
Mr. James M. Cornelius 69 2009 Non-Executive Chairman
Mr. Peter Kasper Jakobsen 51 1998 President, CEO, COO, Director & Executive VP
Mr. Peter G. Leemputte 55 2008 Chief Financial Officer & Executive Vice President
Dr. Dirk H. Hondmann 49 2005 Senior VP-Global Research & Development
Ms. Sandra Yu 43 2010 Senior Vice President & GM-Greater China
Mead Johnson Nutrition Co.
2701 Patriot Boulevard
4th floor
Glenview, Illinois 60026-8039
Phone
1 8478322420
Industry
Food Products
Sector
Consumer Goods
Fiscal Year-end
12/2013
View SEC Filings Below
Revenue
$3.90B
Net Income
$603.10M
2012 Sales Growth
6.1%
Employees
6,800
Annual Report Below for MJN
Mead Johnson Nutrition Co. MJN Recent Headlines
MarketWatch News on MJN
Mead Johnson raises outlook as profit climbs 15% 8:43 a.m. Oct. 24, 2013 - MarketWatch.com
Ford, Microsoft, Amazon are stocks to watch 5:00 a.m. Oct. 24, 2013 - Sue Chang
Monday’s movers: Tyson Foods, Fossil 4:47 p.m. Aug. 5, 2013 - Maria LaMagna
Thursday’s movers: Facebook has its best day ever 4:55 p.m. July 25, 2013 - Sue Chang
Boston Scientific, Mead Johnson soar after beating earnings forecasts 10:54 a.m. July 25, 2013 - Russ Britt
Stocks to watch: Facebook, Qualcomm, GM 9:19 a.m. July 25, 2013 - Victor Reklaitis
Mead Johnson profit slips 2.2% amid China probe 8:09 a.m. July 25, 2013 - MarketWatch.com
Mead Johnson follows rivals, cuts prices in China — and shares rise 3:25 p.m. July 10, 2013 - Russ Britt
Mead Johnson cuts price of Chinese products 2:29 p.m. July 10, 2013 - MarketWatch.com
Wednesday movers: Mead Johnson tanks 11% on China 1:28 p.m. July 3, 2013 - Sue Chang
Mead Johnson takes a beating as two key analysts downgrade shares 11:54 a.m. July 3, 2013 - Russ Britt
6 gut checks before the stock market's opening bell 8:06 a.m. July 3, 2013 - Shawn Langlois
Mead Johnson, Abbott are stocks to watch Wednesday 5:31 a.m. July 3, 2013 - Sue Chang
Tuesday’s movers: Apple gains for third session 4:49 p.m. July 2, 2013 - Sue Chang
Mead Johnson gets hit hardest for China baby formula price-fix probe 2:25 p.m. July 2, 2013 - Russ Britt
The most profitable products in America 6:00 a.m. June 25, 2013 - MarketWatch
Billionaire Stephen Mandel likes these stocks 12:40 p.m. June 14, 2013 - Insider Monkey
Renaissance and insiders like these stocks 12:36 p.m. June 14, 2013 - Insider Monkey
Stephen Mandel's consumer stock picks 4:23 p.m. June 11, 2013 - Insider Monkey
Wednesday’s movers: Saks rallies for third day 4:25 p.m. May 22, 2013 - Sue Chang
MJN Beats on Earnings & Revs, Ups Guidance - Analyst Blog 4:33 p.m. Oct. 25, 2013 - Zacks.com
Mead Johnson Nutrition Management Discusses Q3 2013 Results - Earnings Call Transcript 1:00 p.m. Oct. 24, 2013 - Seeking Alpha
SEC Asks Mead Johnson for China Documents 10:23 a.m. Oct. 24, 2013 - WSJ.com
Mead Johnson Nutrition Company (MJN) Showing Signs Of Being Water-Logged And Getting Wetter 9:49 a.m. Oct. 24, 2013 - TheStreet.com
Mead Johnson Nutrition Company Discusses Q3 2013 Results (Webcast) 9:25 a.m. Oct. 24, 2013 - Seeking Alpha
10-Q: MEAD JOHNSON NUTRITION CO 8:14 a.m. Oct. 24, 2013 - Edgar Online - (EDG = 10Q, 10K)
Analysts: Salesforce’s Outlook Is Positive and 3 More Research Notes to Browse 10:10 a.m. Oct. 21, 2013 - Wall St. Cheat Sheet
UPDATE: Citigroup Upgrades Mead Johnson Nutrition on Improving Chinese Operations 9:56 a.m. Oct. 21, 2013 - benzinga.com
Google CEO Sells 20K Shares and 4 Insider Sales to Note 8:46 a.m. Oct. 17, 2013 - Wall St. Cheat Sheet
Insider Trading Alert - Stryker Corporation And 4 Others Traded By Insiders 11:30 a.m. Oct. 16, 2013 - TheStreet.com
ZMH Expands with Global Spine Deal - Analyst Blog 7:28 p.m. Oct. 14, 2013 - Zacks.com
Mead Johnson Nutrition Company (MJN): Today's Featured Food & Beverage Winner 5:00 p.m. Oct. 4, 2013 - TheStreet.com
Credit Suisse Reiterates Outperform on Mead Johnson Nutrition Following Management Meetings in China 8:32 a.m. Oct. 3, 2013 - benzinga.com
Credit Suisse Top Stocks to Buy with Big Upside Targets 7:56 a.m. Oct. 2, 2013 - 247WallSt.com
Mead Johnson Nutrition Company (MJN): Today's Featured Food & Beverage Laggard 5:01 p.m. Sept. 24, 2013 - TheStreet.com
Analysts: Chances of US Airways Merger Lay at 50/50 and 3 Other Research Notes to Check Out 1:01 p.m. Sept. 17, 2013 - Wall St. Cheat Sheet
UPDATE: J.P. Morgan Upgrades Mead Johnson Nutrition on Multiple Positive Factors 11:10 a.m. Sept. 17, 2013 - benzinga.com
Mead Johnson Nutrition Company (MJN): Today's Featured Food & Beverage Winner 5:00 p.m. Sept. 13, 2013 - TheStreet.com
Mead Johnson's New Buyback Program - Analyst Blog 3:30 p.m. Sept. 12, 2013 - Zacks.com
5 With Upcoming Ex-Dividend Dates: CCUR, ENH, SPW, PTEN, MJN 10:00 a.m. Sept. 11, 2013 - TheStreet.com
Press Releases on MJN
Mead Johnson Nutrition Reports Third Quarter Constant Dollar Sales Growth of 16 Percent; Raises Full-Year Guidance 7:30 a.m. Oct. 24, 2013 - BusinessWire
Mead Johnson Nutrition Company Investor Day November 7, 2013 4:55 p.m. Oct. 15, 2013 - BusinessWire
Talks on Social Reform, Upcoming Financial Results Schedules and New Leadership Roles - Research Report on Unilever, Mead Johnson, Ingredion, Dean Foods, and Pilgrim's 8:00 a.m. Oct. 14, 2013 - PR Newswire
Mead Johnson Schedules Third Quarter 2013 Earnings Conference Call 9:30 a.m. Oct. 3, 2013 - BusinessWire
Mead Johnson to Present at CLSA Investors' Forum 12:14 p.m. Sept. 20, 2013 - BusinessWire
Updated Outlook, Strategic Collaborations, New Repurchase Programs, and Recognitions - Research Report on ConAgra, GMCR, Mead Johnson, Campbell, and Ingredion 8:00 a.m. Sept. 17, 2013 - PR Newswire
Under AAAResearchReports.com Microscope: Mead Johnson Nutrition Co., Harley-Davidson Inc., Molson Coors Brewing Co., and Pinnacle Foods Inc. 8:52 a.m. Sept. 13, 2013 - PR Newswire
Mead Johnson Announces New $500 Million Share Repurchase Program 4:45 p.m. Sept. 11, 2013 - BusinessWire
Mead Johnson Board of Directors Declares Dividend 7:30 a.m. Sept. 5, 2013 - BusinessWire
Mead Johnson to Present at Barclays Back-to-School Consumer Conference 5:37 p.m. Aug. 29, 2013 - BusinessWire
Technical Scrutiny: General Mills, Mead Johnson Nutrition, Unilever N.V., and Unilever PLC 8:00 a.m. Aug. 7, 2013 - PR Newswire
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Mead Johnson Nutrition Company -- MJN 3:13 p.m. Aug. 2, 2013 - GlobeNewswire
RDInvesting Provides Investors with Free In-Depth Equity Reports on MJN, NX, NOV and ULTI 8:30 a.m. Aug. 1, 2013 - ACCESSWIRE
Margin Improvements and Demand-Generation Investments Boost Growth - Research Report on Colgate, Kimberly-Clark, Mead Johnson, Campbell, and Dole 8:00 a.m. July 31, 2013 - PR Newswire
CORRECTING and REPLACING Mead Johnson Nutrition Reports Second Quarter Earnings 9:10 a.m. July 25, 2013 - BusinessWire
Mead Johnson Nutrition Reports Second Quarter Earnings 7:30 a.m. July 25, 2013 - BusinessWire
Law Offices of Howard G. Smith Announces Investigation on Behalf of Investors of Mead Johnson Nutrition Company 9:04 p.m. July 10, 2013 - BusinessWire
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Mead Johnson Nutrition Company - MJN 6:55 p.m. July 10, 2013 - PR Newswire
Mead Johnson Nutrition Updates China Statement 11:31 a.m. July 10, 2013 - BusinessWire
Earnings Releases, Hunger Relief Programs, and Summer Promotions - Research Report on Mead Johnson, Hershey, Hormel Foods, Ingredion, and Hillshire Brands 8:00 a.m. July 9, 2013 - PR Newswire
Valuation
P/E Current
27.23
P/E Ratio (with extraordinary items)
25.88
P/E Ratio (without extraordinary items)
22.34
Price to Sales Ratio
3.44
Price to Book Ratio
713.48
Price to Cash Flow Ratio
19.43
Enterprise Value to EBITDA
17.22
Enterprise Value to Sales
4.03
Total Debt to Enterprise Value
0.12
Efficiency
Revenue/Employee
0.57
Income Per Employee
0.09
Receivables Turnover
10.45
Total Asset Turnover
1.30
Liquidity
Current Ratio
1.47
Quick Ratio
1.15
Cash Ratio
0.76
Profitability
Gross Margin
61.91
Operating Margin
22.77
Pretax Margin
20.63
Net Margin
15.46
Return on Assets
20.02
Return on Total Capital
39.14
Return on Invested Capital
41.67
Capital Structure
Total Debt to Total Equity
9,145.45
Total Debt to Total Capital
98.92
Total Debt to Total Assets
52.49
Long-Term Debt to Equity
8,145.45
Long-Term Debt to Total Capital
88.10
Mead Johnson Nutrition Co. MJN Financials
Fiscal year is January-December. All values USD millions. 2008 2009 2010 2011 2012 5-year trend
Sales/Revenue 2.88B 2.83B 3.14B 3.68B 3.9B
Cost of Goods Sold (COGS) incl. D&A 1.08B 972.9M 1.16B 1.37B 1.49B
COGS excluding D&A 1.03B 914M 1.09B 1.29B 1.41B
Depreciation & Amortization Expense 52.1M 58.9M 64.7M 75.3M 76.9M
Depreciation 44.1M 50.3M 54.6M 57.2M 55.8M
Amortization of Intangibles 8M 8.6M 10.1M 18.1M 21.1M
Gross Income 1.8B 1.85B 1.98B 2.31B 2.42B
2008 2009 2010 2011 2012 5-year trend
SG&A Expense 1.05B 1.09B 1.22B 1.45B 1.51B
Research & Development 72.8M 71.9M 78.5M 92.5M 95.4M
Other SG&A 979.2M 1.02B 1.14B 1.35B 1.41B
Other Operating Expense 8.3M 0 23.6M 19.8M 20.9M
Unusual Expense 45.7M 92M 34.6M 69.5M 18.5M
EBIT after Unusual Expense (45.7M) (92M) (34.6M) (69.5M) (18.5M)
Non Operating Income/Expense (900,000) 9.7M (2.9M) 9.7M 9.6M
Non-Operating Interest Income 0 3.3M 4.6M 8M 5.9M
Equity in Affiliates (Pretax) - - - - -
Interest Expense 43.3M 98.7M 70.6M 72M 80.2M
Gross Interest Expense 43.3M 98.7M 73.2M 72.2M 80.8M
Interest Capitalized 0 0 2.6M 200,000 600,000
Pretax Income 652.4M 587M 634.3M 721.9M 805M
Income Tax 251.4M 176.4M 176.1M 202.9M 192.6M
Income Tax - Current Domestic 120.7M 92.7M 42M 92M 35.8M
Income Tax - Current Foreign 124.7M 104.2M 114.9M 144.2M 139.7M
Income Tax - Deferred Domestic 1.2M (13.1M) 21M (9.6M) 12.5M
Income Tax - Deferred Foreign 4.8M (7.4M) (1.8M) (23.7M) 4.6M
Income Tax Credits 0 0 0 0 0
Equity in Affiliates 0 0 0 0 0
Other After Tax Income (Expense) 0 (700,000) (1.4M) (1.4M) (1.4M)
Consolidated Net Income 401M 409.9M 456.8M 517.6M 611M
Minority Interest Expense 7.1M 11M 5.5M 10.5M 7.9M
Net Income 393.9M 398.9M 451.3M 507.1M 603.1M
Extraordinaries & Discontinued Operations 0 0 0 0 0
Extra Items & Gain/Loss Sale Of Assets 0 0 0 0 0
Cumulative Effect - Accounting Chg 0 0 0 0 0
Discontinued Operations 0 0 0 0 0
Net Income After Extraordinaries 393.9M 398.9M 451.3M 507.1M 603.1M
Preferred Dividends 0 0 0 0 0
Net Income Available to Common 393.9M 398.9M 451.3M 507.1M 603.1M
EPS (Basic) 2.32 1.99 2.20 2.48 2.96
Basic Shares Outstanding 170M 200.6M 204.7M 204.3M 203.6M
EPS (Diluted) 2.32 1.99 2.20 2.47 2.95
Diluted Shares Outstanding 170M 200.7M 205.1M 205M 204.3M
EBITDA 794.4M 823.6M 802.5M 921M 965.1M
Mead Johnson Nutrition Co. MJN Filings
SEC Filings for Mead Johnson Nutrition Co.
Filing Date Document Date Type Category Amended
10/24/2013 09/30/2013 10-Q Quarterly Reports
10/24/2013 10/24/2013 8-K Special Events
08/06/2013 08/06/2013 8-K Special Events
07/25/2013 06/30/2013 10-Q Quarterly Reports
07/25/2013 07/25/2013 8-K/A Special Events *
07/25/2013 07/25/2013 8-K Special Events
07/02/2013 07/02/2013 8-K Special Events
04/30/2013 04/29/2013 8-K Special Events
04/25/2013 03/31/2013 10-Q Quarterly Reports
04/25/2013 04/25/2013 8-K Special Events
03/25/2013 04/30/2013 DEF 14A Proxy Statement
03/19/2013 03/19/2013 8-K Special Events
03/11/2013 N/A SC 13G/A Institutional Ownership *
02/25/2013 02/25/2013 8-K Special Events
02/21/2013 12/31/2012 10-K Annual Reports
02/14/2013 N/A SC 13G/A Institutional Ownership *
02/14/2013 N/A SC 13G/A Institutional Ownership *
02/06/2013 N/A SC 13G/A Institutional Ownership *
01/31/2013 N/A SC 13G/A Institutional Ownership *
01/31/2013 01/30/2013 8-K Special Events
SEC Filings provided by EDGAR Online, Inc.
Mead Johnson Nutrition Co. MJN Insider Actions
10/15/2013 Stephen W. Golsby
Director 10,000
Disposition at $75.28 per share. 752,800
09/16/2013 Stephen W. Golsby
Director 10,000
Disposition at $77.22 per share. 772,200
09/04/2013 Kimberly A. Casiano
Director 525
Disposition at $74.18 per share. 38,944
09/04/2013 Tom De Weerdt, MBA
Vice President & Controller 324
Derivative/Non-derivative trans. at $75.09 per share. 24,329
09/04/2013 Tom De Weerdt, MBA
Vice President & Controller 999
Derivative/Non-derivative trans. at $0 per share. 0
08/15/2013 James M. Cornelius, MBA
Director 10,000
Acquisition at $75.99 per share. 759,900
08/15/2013 Stephen W. Golsby
Director 10,000
Disposition at $75.75 per share. 757,500
07/15/2013 Stephen W. Golsby
Director 10,000
Disposition at $74.15 per share. 741,500
06/14/2013 Stephen W. Golsby
Director 2,781
Disposition at $82.52 per share. 229,488
06/14/2013 Stephen W. Golsby
Director 7,219
Disposition at $81.93 per share. 591,452
05/28/2013 Stephen W. Golsby
Director 93,478
Derivative/Non-derivative trans. at $86.19 per share. 8,056,868
05/28/2013 Stephen W. Golsby
Director 175,000
Derivative/Non-derivative trans. at $26.58 per share. 4,651,500
05/15/2013 Stephen W. Golsby
Director 10,000
Disposition at $79.97 per share. 799,700
05/03/2013 James Jeffrey Jobe, MBA
Senior Vice President-Global Supply Chain 12,510
Disposition at $81.03 per share. 1,013,685
04/30/2013 Stephen W. Golsby
Director 4,612
Derivative/Non-derivative trans. at $81.09 per share. 373,987
04/30/2013 Stephen W. Golsby
Director 9,823
Derivative/Non-derivative trans. at $0 per share. 0
04/30/2013 Howard B. Bernick
Director 3,511
Acquisition at $82.38 per share. 289,236
MJN Mead Johnson Nutrition Co. Research Links
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Mead Johnson Nutrition Co. produces infant and children's pediatric nutrition. It develops, manufactures, markets and distributes nutritional products worldwide. The company's product portfolio addresses a broad range of nutritional needs for infants, children and expectant and nursing mothers. It markets its portfolio of more than seventy products to mothers, health care professionals and retailers in more than fifty countries in Asia, North America, Latin America and Europe. The company's pediatric nutrition products are grouped by category of feeding: infant formula products, children's nutrition products and other products. The infant formula products include formulas for routine feeding, solutions formulas for mild intolerance and specialty formula products, including formulas for severe intolerance, formulas for premature and low birth weight infants and medical nutrition products. The children's nutrition products are designed to provide children with enhanced nutrition, primarily in Asia and Latin America. It is further divided into two categories: Enfa branded children's nutrition products and other children's nutrition products. The Enfa branded children's nutrition products are marketed under the Enfa family of brands. It designs these products to meet the changing nutrition needs of children at different stages of development. The company also produces a range of other products, including pre-natal and post-natal nutritional supplements for expectant and nursing mothers, including Expecta LIPIL and EnfaMama A+. Its products for expectant or nursing mothers provide the developing fetus or breastfed infant with vitamin supplements and/or an increased supply of DHA for brain, visual and nervous system development. These products also supplement the mother's diet by providing either DHA or ARA with increased proteins, as well as vitamins and minerals. Its pediatric vitamin products, such as Enfamil Poly-Vi-Sol, provide a range of benefits for infants, including multivitamins and iron supplements. Mead Johnson Nutrition was founded by Edward Mead Johnson, Sr. in 1905 and is headquartered in Glenview, IL.
MJN Last Price: 81.09
Last Updated: October 26, 2013 11:17 AM
MJN Stock Message Board and Forum http://investorshangout.com/search?q=MJN&...mp;yt0=Go!
Mead Johnson Nutrition Co. MJN Officers and Executives
Name Age Officer Since Title
Mr. James M. Cornelius 69 2009 Non-Executive Chairman
Mr. Peter Kasper Jakobsen 51 1998 President, CEO, COO, Director & Executive VP
Mr. Peter G. Leemputte 55 2008 Chief Financial Officer & Executive Vice President
Dr. Dirk H. Hondmann 49 2005 Senior VP-Global Research & Development
Ms. Sandra Yu 43 2010 Senior Vice President & GM-Greater China
Mead Johnson Nutrition Co.
2701 Patriot Boulevard
4th floor
Glenview, Illinois 60026-8039
Phone
1 8478322420
Industry
Food Products
Sector
Consumer Goods
Fiscal Year-end
12/2013
View SEC Filings Below
Revenue
$3.90B
Net Income
$603.10M
2012 Sales Growth
6.1%
Employees
6,800
Annual Report Below for MJN
Mead Johnson Nutrition Co. MJN Recent Headlines
MarketWatch News on MJN
Mead Johnson raises outlook as profit climbs 15% 8:43 a.m. Oct. 24, 2013 - MarketWatch.com
Ford, Microsoft, Amazon are stocks to watch 5:00 a.m. Oct. 24, 2013 - Sue Chang
Monday’s movers: Tyson Foods, Fossil 4:47 p.m. Aug. 5, 2013 - Maria LaMagna
Thursday’s movers: Facebook has its best day ever 4:55 p.m. July 25, 2013 - Sue Chang
Boston Scientific, Mead Johnson soar after beating earnings forecasts 10:54 a.m. July 25, 2013 - Russ Britt
Stocks to watch: Facebook, Qualcomm, GM 9:19 a.m. July 25, 2013 - Victor Reklaitis
Mead Johnson profit slips 2.2% amid China probe 8:09 a.m. July 25, 2013 - MarketWatch.com
Mead Johnson follows rivals, cuts prices in China — and shares rise 3:25 p.m. July 10, 2013 - Russ Britt
Mead Johnson cuts price of Chinese products 2:29 p.m. July 10, 2013 - MarketWatch.com
Wednesday movers: Mead Johnson tanks 11% on China 1:28 p.m. July 3, 2013 - Sue Chang
Mead Johnson takes a beating as two key analysts downgrade shares 11:54 a.m. July 3, 2013 - Russ Britt
6 gut checks before the stock market's opening bell 8:06 a.m. July 3, 2013 - Shawn Langlois
Mead Johnson, Abbott are stocks to watch Wednesday 5:31 a.m. July 3, 2013 - Sue Chang
Tuesday’s movers: Apple gains for third session 4:49 p.m. July 2, 2013 - Sue Chang
Mead Johnson gets hit hardest for China baby formula price-fix probe 2:25 p.m. July 2, 2013 - Russ Britt
The most profitable products in America 6:00 a.m. June 25, 2013 - MarketWatch
Billionaire Stephen Mandel likes these stocks 12:40 p.m. June 14, 2013 - Insider Monkey
Renaissance and insiders like these stocks 12:36 p.m. June 14, 2013 - Insider Monkey
Stephen Mandel's consumer stock picks 4:23 p.m. June 11, 2013 - Insider Monkey
Wednesday’s movers: Saks rallies for third day 4:25 p.m. May 22, 2013 - Sue Chang
MJN Beats on Earnings & Revs, Ups Guidance - Analyst Blog 4:33 p.m. Oct. 25, 2013 - Zacks.com
Mead Johnson Nutrition Management Discusses Q3 2013 Results - Earnings Call Transcript 1:00 p.m. Oct. 24, 2013 - Seeking Alpha
SEC Asks Mead Johnson for China Documents 10:23 a.m. Oct. 24, 2013 - WSJ.com
Mead Johnson Nutrition Company (MJN) Showing Signs Of Being Water-Logged And Getting Wetter 9:49 a.m. Oct. 24, 2013 - TheStreet.com
Mead Johnson Nutrition Company Discusses Q3 2013 Results (Webcast) 9:25 a.m. Oct. 24, 2013 - Seeking Alpha
10-Q: MEAD JOHNSON NUTRITION CO 8:14 a.m. Oct. 24, 2013 - Edgar Online - (EDG = 10Q, 10K)
Analysts: Salesforce’s Outlook Is Positive and 3 More Research Notes to Browse 10:10 a.m. Oct. 21, 2013 - Wall St. Cheat Sheet
UPDATE: Citigroup Upgrades Mead Johnson Nutrition on Improving Chinese Operations 9:56 a.m. Oct. 21, 2013 - benzinga.com
Google CEO Sells 20K Shares and 4 Insider Sales to Note 8:46 a.m. Oct. 17, 2013 - Wall St. Cheat Sheet
Insider Trading Alert - Stryker Corporation And 4 Others Traded By Insiders 11:30 a.m. Oct. 16, 2013 - TheStreet.com
ZMH Expands with Global Spine Deal - Analyst Blog 7:28 p.m. Oct. 14, 2013 - Zacks.com
Mead Johnson Nutrition Company (MJN): Today's Featured Food & Beverage Winner 5:00 p.m. Oct. 4, 2013 - TheStreet.com
Credit Suisse Reiterates Outperform on Mead Johnson Nutrition Following Management Meetings in China 8:32 a.m. Oct. 3, 2013 - benzinga.com
Credit Suisse Top Stocks to Buy with Big Upside Targets 7:56 a.m. Oct. 2, 2013 - 247WallSt.com
Mead Johnson Nutrition Company (MJN): Today's Featured Food & Beverage Laggard 5:01 p.m. Sept. 24, 2013 - TheStreet.com
Analysts: Chances of US Airways Merger Lay at 50/50 and 3 Other Research Notes to Check Out 1:01 p.m. Sept. 17, 2013 - Wall St. Cheat Sheet
UPDATE: J.P. Morgan Upgrades Mead Johnson Nutrition on Multiple Positive Factors 11:10 a.m. Sept. 17, 2013 - benzinga.com
Mead Johnson Nutrition Company (MJN): Today's Featured Food & Beverage Winner 5:00 p.m. Sept. 13, 2013 - TheStreet.com
Mead Johnson's New Buyback Program - Analyst Blog 3:30 p.m. Sept. 12, 2013 - Zacks.com
5 With Upcoming Ex-Dividend Dates: CCUR, ENH, SPW, PTEN, MJN 10:00 a.m. Sept. 11, 2013 - TheStreet.com
Press Releases on MJN
Mead Johnson Nutrition Reports Third Quarter Constant Dollar Sales Growth of 16 Percent; Raises Full-Year Guidance 7:30 a.m. Oct. 24, 2013 - BusinessWire
Mead Johnson Nutrition Company Investor Day November 7, 2013 4:55 p.m. Oct. 15, 2013 - BusinessWire
Talks on Social Reform, Upcoming Financial Results Schedules and New Leadership Roles - Research Report on Unilever, Mead Johnson, Ingredion, Dean Foods, and Pilgrim's 8:00 a.m. Oct. 14, 2013 - PR Newswire
Mead Johnson Schedules Third Quarter 2013 Earnings Conference Call 9:30 a.m. Oct. 3, 2013 - BusinessWire
Mead Johnson to Present at CLSA Investors' Forum 12:14 p.m. Sept. 20, 2013 - BusinessWire
Updated Outlook, Strategic Collaborations, New Repurchase Programs, and Recognitions - Research Report on ConAgra, GMCR, Mead Johnson, Campbell, and Ingredion 8:00 a.m. Sept. 17, 2013 - PR Newswire
Under AAAResearchReports.com Microscope: Mead Johnson Nutrition Co., Harley-Davidson Inc., Molson Coors Brewing Co., and Pinnacle Foods Inc. 8:52 a.m. Sept. 13, 2013 - PR Newswire
Mead Johnson Announces New $500 Million Share Repurchase Program 4:45 p.m. Sept. 11, 2013 - BusinessWire
Mead Johnson Board of Directors Declares Dividend 7:30 a.m. Sept. 5, 2013 - BusinessWire
Mead Johnson to Present at Barclays Back-to-School Consumer Conference 5:37 p.m. Aug. 29, 2013 - BusinessWire
Technical Scrutiny: General Mills, Mead Johnson Nutrition, Unilever N.V., and Unilever PLC 8:00 a.m. Aug. 7, 2013 - PR Newswire
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Mead Johnson Nutrition Company -- MJN 3:13 p.m. Aug. 2, 2013 - GlobeNewswire
RDInvesting Provides Investors with Free In-Depth Equity Reports on MJN, NX, NOV and ULTI 8:30 a.m. Aug. 1, 2013 - ACCESSWIRE
Margin Improvements and Demand-Generation Investments Boost Growth - Research Report on Colgate, Kimberly-Clark, Mead Johnson, Campbell, and Dole 8:00 a.m. July 31, 2013 - PR Newswire
CORRECTING and REPLACING Mead Johnson Nutrition Reports Second Quarter Earnings 9:10 a.m. July 25, 2013 - BusinessWire
Mead Johnson Nutrition Reports Second Quarter Earnings 7:30 a.m. July 25, 2013 - BusinessWire
Law Offices of Howard G. Smith Announces Investigation on Behalf of Investors of Mead Johnson Nutrition Company 9:04 p.m. July 10, 2013 - BusinessWire
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Mead Johnson Nutrition Company - MJN 6:55 p.m. July 10, 2013 - PR Newswire
Mead Johnson Nutrition Updates China Statement 11:31 a.m. July 10, 2013 - BusinessWire
Earnings Releases, Hunger Relief Programs, and Summer Promotions - Research Report on Mead Johnson, Hershey, Hormel Foods, Ingredion, and Hillshire Brands 8:00 a.m. July 9, 2013 - PR Newswire
Valuation
P/E Current
27.23
P/E Ratio (with extraordinary items)
25.88
P/E Ratio (without extraordinary items)
22.34
Price to Sales Ratio
3.44
Price to Book Ratio
713.48
Price to Cash Flow Ratio
19.43
Enterprise Value to EBITDA
17.22
Enterprise Value to Sales
4.03
Total Debt to Enterprise Value
0.12
Efficiency
Revenue/Employee
0.57
Income Per Employee
0.09
Receivables Turnover
10.45
Total Asset Turnover
1.30
Liquidity
Current Ratio
1.47
Quick Ratio
1.15
Cash Ratio
0.76
Profitability
Gross Margin
61.91
Operating Margin
22.77
Pretax Margin
20.63
Net Margin
15.46
Return on Assets
20.02
Return on Total Capital
39.14
Return on Invested Capital
41.67
Capital Structure
Total Debt to Total Equity
9,145.45
Total Debt to Total Capital
98.92
Total Debt to Total Assets
52.49
Long-Term Debt to Equity
8,145.45
Long-Term Debt to Total Capital
88.10
Mead Johnson Nutrition Co. MJN Financials
Fiscal year is January-December. All values USD millions. 2008 2009 2010 2011 2012 5-year trend
Sales/Revenue 2.88B 2.83B 3.14B 3.68B 3.9B
Cost of Goods Sold (COGS) incl. D&A 1.08B 972.9M 1.16B 1.37B 1.49B
COGS excluding D&A 1.03B 914M 1.09B 1.29B 1.41B
Depreciation & Amortization Expense 52.1M 58.9M 64.7M 75.3M 76.9M
Depreciation 44.1M 50.3M 54.6M 57.2M 55.8M
Amortization of Intangibles 8M 8.6M 10.1M 18.1M 21.1M
Gross Income 1.8B 1.85B 1.98B 2.31B 2.42B
2008 2009 2010 2011 2012 5-year trend
SG&A Expense 1.05B 1.09B 1.22B 1.45B 1.51B
Research & Development 72.8M 71.9M 78.5M 92.5M 95.4M
Other SG&A 979.2M 1.02B 1.14B 1.35B 1.41B
Other Operating Expense 8.3M 0 23.6M 19.8M 20.9M
Unusual Expense 45.7M 92M 34.6M 69.5M 18.5M
EBIT after Unusual Expense (45.7M) (92M) (34.6M) (69.5M) (18.5M)
Non Operating Income/Expense (900,000) 9.7M (2.9M) 9.7M 9.6M
Non-Operating Interest Income 0 3.3M 4.6M 8M 5.9M
Equity in Affiliates (Pretax) - - - - -
Interest Expense 43.3M 98.7M 70.6M 72M 80.2M
Gross Interest Expense 43.3M 98.7M 73.2M 72.2M 80.8M
Interest Capitalized 0 0 2.6M 200,000 600,000
Pretax Income 652.4M 587M 634.3M 721.9M 805M
Income Tax 251.4M 176.4M 176.1M 202.9M 192.6M
Income Tax - Current Domestic 120.7M 92.7M 42M 92M 35.8M
Income Tax - Current Foreign 124.7M 104.2M 114.9M 144.2M 139.7M
Income Tax - Deferred Domestic 1.2M (13.1M) 21M (9.6M) 12.5M
Income Tax - Deferred Foreign 4.8M (7.4M) (1.8M) (23.7M) 4.6M
Income Tax Credits 0 0 0 0 0
Equity in Affiliates 0 0 0 0 0
Other After Tax Income (Expense) 0 (700,000) (1.4M) (1.4M) (1.4M)
Consolidated Net Income 401M 409.9M 456.8M 517.6M 611M
Minority Interest Expense 7.1M 11M 5.5M 10.5M 7.9M
Net Income 393.9M 398.9M 451.3M 507.1M 603.1M
Extraordinaries & Discontinued Operations 0 0 0 0 0
Extra Items & Gain/Loss Sale Of Assets 0 0 0 0 0
Cumulative Effect - Accounting Chg 0 0 0 0 0
Discontinued Operations 0 0 0 0 0
Net Income After Extraordinaries 393.9M 398.9M 451.3M 507.1M 603.1M
Preferred Dividends 0 0 0 0 0
Net Income Available to Common 393.9M 398.9M 451.3M 507.1M 603.1M
EPS (Basic) 2.32 1.99 2.20 2.48 2.96
Basic Shares Outstanding 170M 200.6M 204.7M 204.3M 203.6M
EPS (Diluted) 2.32 1.99 2.20 2.47 2.95
Diluted Shares Outstanding 170M 200.7M 205.1M 205M 204.3M
EBITDA 794.4M 823.6M 802.5M 921M 965.1M
Mead Johnson Nutrition Co. MJN Filings
SEC Filings for Mead Johnson Nutrition Co.
Filing Date Document Date Type Category Amended
10/24/2013 09/30/2013 10-Q Quarterly Reports
10/24/2013 10/24/2013 8-K Special Events
08/06/2013 08/06/2013 8-K Special Events
07/25/2013 06/30/2013 10-Q Quarterly Reports
07/25/2013 07/25/2013 8-K/A Special Events *
07/25/2013 07/25/2013 8-K Special Events
07/02/2013 07/02/2013 8-K Special Events
04/30/2013 04/29/2013 8-K Special Events
04/25/2013 03/31/2013 10-Q Quarterly Reports
04/25/2013 04/25/2013 8-K Special Events
03/25/2013 04/30/2013 DEF 14A Proxy Statement
03/19/2013 03/19/2013 8-K Special Events
03/11/2013 N/A SC 13G/A Institutional Ownership *
02/25/2013 02/25/2013 8-K Special Events
02/21/2013 12/31/2012 10-K Annual Reports
02/14/2013 N/A SC 13G/A Institutional Ownership *
02/14/2013 N/A SC 13G/A Institutional Ownership *
02/06/2013 N/A SC 13G/A Institutional Ownership *
01/31/2013 N/A SC 13G/A Institutional Ownership *
01/31/2013 01/30/2013 8-K Special Events
SEC Filings provided by EDGAR Online, Inc.
Mead Johnson Nutrition Co. MJN Insider Actions
10/15/2013 Stephen W. Golsby
Director 10,000
Disposition at $75.28 per share. 752,800
09/16/2013 Stephen W. Golsby
Director 10,000
Disposition at $77.22 per share. 772,200
09/04/2013 Kimberly A. Casiano
Director 525
Disposition at $74.18 per share. 38,944
09/04/2013 Tom De Weerdt, MBA
Vice President & Controller 324
Derivative/Non-derivative trans. at $75.09 per share. 24,329
09/04/2013 Tom De Weerdt, MBA
Vice President & Controller 999
Derivative/Non-derivative trans. at $0 per share. 0
08/15/2013 James M. Cornelius, MBA
Director 10,000
Acquisition at $75.99 per share. 759,900
08/15/2013 Stephen W. Golsby
Director 10,000
Disposition at $75.75 per share. 757,500
07/15/2013 Stephen W. Golsby
Director 10,000
Disposition at $74.15 per share. 741,500
06/14/2013 Stephen W. Golsby
Director 2,781
Disposition at $82.52 per share. 229,488
06/14/2013 Stephen W. Golsby
Director 7,219
Disposition at $81.93 per share. 591,452
05/28/2013 Stephen W. Golsby
Director 93,478
Derivative/Non-derivative trans. at $86.19 per share. 8,056,868
05/28/2013 Stephen W. Golsby
Director 175,000
Derivative/Non-derivative trans. at $26.58 per share. 4,651,500
05/15/2013 Stephen W. Golsby
Director 10,000
Disposition at $79.97 per share. 799,700
05/03/2013 James Jeffrey Jobe, MBA
Senior Vice President-Global Supply Chain 12,510
Disposition at $81.03 per share. 1,013,685
04/30/2013 Stephen W. Golsby
Director 4,612
Derivative/Non-derivative trans. at $81.09 per share. 373,987
04/30/2013 Stephen W. Golsby
Director 9,823
Derivative/Non-derivative trans. at $0 per share. 0
04/30/2013 Howard B. Bernick
Director 3,511
Acquisition at $82.38 per share. 289,236
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