A share price of Johnson Controls International plc [JCI] is currently trading at $59.42, up 1.43%. An important factor to consider is whether the stock is rising or falling in short-term value. The JCI shares have gain 4.93% over the last week, with a monthly amount glided 5.00%, and seem to be holding up well over a long-time horizon.
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On 15, February 2024, JOHNSON CONTROLS TO PRESENT AT THE CITI’S 2024 GLOBAL INDUSTRIAL TECH AND MOBILITY CONFERENCE. In a post published today on Yahoo Finance, Johnson Controls International plc (NYSE: JCI), the global leader for smart, healthy and sustainable buildings, will present at the Citi’s 2024 Global Industrial Tech and Mobility Conference in Miami Beach, Florida. Chairman and CEO, George Oliver, will participate on Thursday, Feb. 22, 2024, at 9:40 a.m. EST.
From an analyst’s perspective:
Johnson Controls International plc [NYSE: JCI] stock has seen the most recent analyst activity on February 23, 2024, when Mizuho downgraded its rating to a Neutral but kept the price target unchanged to $62 for it. Previously, Argus downgraded its rating to Hold on February 20, 2024. On January 31, 2024, downgrade downgraded it’s rating to Hold but maintained its price target of $60 on the stock. Deutsche Bank downgraded its rating to a Hold and decreased its price target to $60 on January 31, 2024. RBC Capital Mkts downgraded its rating to a Underperform and reduced its price target to $50 on January 12, 2024. Vertical Research downgraded its rating to Hold for this stock on December 13, 2023, but kept the price target unchanged to $55. In a note dated September 27, 2023, HSBC Securities upgraded an Buy rating on this stock and boosted its target price from $58 to $69.
Johnson Controls International plc experienced fluctuations in its stock price throughout the past year between $47.90 and $70.43. Currently, Wall Street analysts expect the stock to reach $72.06 within the next 12 months. Johnson Controls International plc [NYSE: JCI] shares were valued at $59.42 at the most recent close of the market. An investor can expect a potential return of 21.27% based on the average JCI price forecast.
Analyzing the JCI fundamentals
Trailing Twelve Months sales for Johnson Controls International plc [NYSE:JCI] were 26.82B which represents 0.43% growth. Gross Profit Margin for this corporation currently stands at -0.03% with Operating Profit Margin at -0.22%, Pretax Profit Margin comes in at -0.24%, and Net Profit Margin reading is -0.51%. To continue investigating profitability, this company’s Return on Assets is posted at -1.53, Equity is -2.61 and Total Capital is -22.65. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of-6.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 59.03 points at the first support level, and at 58.64 for the second support level. However, for the 1st resistance point, the stock is sitting at 59.68, and for the 2nd resistance point, it is at 59.94.
Johnson Controls International plc [JCI] reported earnings per share of $0.51 for its fiscal quarter that ended on 12/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $0.51/share, meaning a difference of $0 and a surprise factor of 0.00%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were $1.05 per share as compared to estimates of $1.09 per share, a difference of -$0.04 representing a surprise of -3.70%.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Johnson Controls International plc [NYSE:JCI] is 0.96. On the other hand, the Quick Ratio is 0.71, and the Cash Ratio is 0.05. Considering the valuation of this stock, the price to sales ratio is 1.51, the price to book ratio is 2.43 and price to earnings (TTM) ratio is 19.34.
Transactions by insiders
Recent insider trading involved Vandiepenbeeck Marc, EVP and CFO, that happened on Feb 20 when 187.0 shares were sold. EVP and CFO, Vandiepenbeeck Marc completed a deal on Feb 05 to sell 186.0 shares. Meanwhile, VP & Pres, EMEALA Vandiepenbeeck Marc sold 186.0 shares on Jan 22.
