Currently, Johnson Controls International plc [JCI] is trading at $61.32, up 1.34%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The JCI shares have gain 3.46% over the last week, with a monthly amount glided 15.13%, and seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
On 5, March 2024, JOHNSON CONTROLS OPENS NEW OFFICE AND INNOVATION CENTER IN SINGAPORE, CEO VISIT UNDERSCORES COMMITMENT TO REGIONAL GROWTH AND SUSTAINABILITY. In a post published today on Yahoo Finance, George Oliver, chairman and CEO, unveiled Johnson Controls’ new office at one-north in Singapore.
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.
This stock has fluctuated between a low of $47.90 and a high of $70.43 over the last 52 weeks. 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 $61.32 at the most recent close of the market. An investor can expect a potential return of 17.51% 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 0.33% with Operating Profit Margin at 0.1%, Pretax Profit Margin comes in at 0.07%, and Net Profit Margin reading is 0.08%. To continue investigating profitability, this company’s Return on Assets is posted at 0.05, Equity is 0.13 and Total Capital is 0.08. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.64.
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 60.99 points at the first support level, and at 60.65 for the second support level. However, for the 1st resistance point, the stock is sitting at 61.52, and for the 2nd resistance point, it is at 61.71.
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. In addition, the Quick Ratio stands at 0.71 and the Cash Ratio stands at 0.15. Considering the valuation of this stock, the price to sales ratio is 1.56, the price to book ratio is 2.50 and price to earnings (TTM) ratio is 19.95.
Transactions by insiders
Recent insider trading involved Vandiepenbeeck Marc, EVP and CFO, that happened on Mar 04 ’24 when 186.0 shares were sold. EVP and CFO, Vandiepenbeeck Marc completed a deal on Feb 20 ’24 to sell 187.0 shares. Meanwhile, EVP and CFO Vandiepenbeeck Marc sold 186.0 shares on Feb 05 ’24.
