Johnson Controls International plc (JCI) stock poised to deliver a potential return of 10.62%

At the time of writing, Johnson Controls International plc [JCI] stock is trading at $64.40, down -1.36%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The JCI shares have lost -0.69% over the last week, with a monthly amount glided 2.08%, and seem to be holding up well over a long-time horizon.

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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.

For the past year, the stock price of Johnson Controls International plc fluctuated between $47.90 and $70.43. Currently, Wall Street analysts expect the stock to reach $71.24 within the next 12 months. Johnson Controls International plc [NYSE: JCI] shares were valued at $64.40 at the most recent close of the market. An investor can expect a potential return of 10.62% based on the average JCI price forecast.

Analyzing the JCI fundamentals

According to Johnson Controls International plc [NYSE:JCI], the company’s sales were 26.82B for trailing twelve months, which represents an 0.43% jump. 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 63.62 points at the first support level, and at 62.84 for the second support level. However, for the 1st resistance point, the stock is sitting at 65.74, and for the 2nd resistance point, it is at 67.08.

Ratios To Look Out For

It is important to note that Johnson Controls International plc [NYSE:JCI] has a current ratio of 0.96. Further, the Quick Ratio stands at 0.71, while the Cash Ratio is 0.15. Considering the valuation of this stock, the price to sales ratio is 1.64, the price to book ratio is 2.63 and price to earnings (TTM) ratio is 20.96.

Transactions by insiders

Recent insider trading involved Vandiepenbeeck Marc, EVP and CFO, that happened on Apr 03 ’24 when 186.0 shares were sold. EVP and CFO, Vandiepenbeeck Marc completed a deal on Mar 20 ’24 to sell 186.0 shares. Meanwhile, EVP and CFO Vandiepenbeeck Marc sold 186.0 shares on Mar 04 ’24.

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