Johnson Controls International plc (JCI) stock price forecast predicts $74 value

At the time of writing, Johnson Controls International plc [JCI] stock is trading at $83.33, down -0.82%. An important factor to consider is whether the stock is rising or falling in short-term value. The JCI shares have gain 0.29% over the last week, with a monthly amount drifted -2.15%, and not seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Previously, BofA Securities upgraded its rating to Buy on September 10, 2024, and elevated its price target to $80. On September 06, 2024, Morgan Stanley initiated with a Overweight rating and assigned a price target of $85 on the stock. RBC Capital Mkts upgraded its rating to a Sector Perform and increased its price target to $69 on August 14, 2024. UBS downgraded its rating to a Neutral and reduced its price target to $68 on May 06, 2024. Mizuho downgraded its rating to Neutral for this stock on February 23, 2024, but kept the price target unchanged to $62. In a note dated February 20, 2024, Argus downgraded an Hold rating on this stock.

For the past year, the stock price of Johnson Controls International plc fluctuated between $51.70 and $87.16. Currently, Wall Street analysts expect the stock to reach $74 within the next 12 months. Johnson Controls International plc [NYSE: JCI] shares were valued at $83.33 at the most recent close of the market. An investor can expect a potential drop of -11.2% based on the average JCI price forecast.

Analyzing the JCI fundamentals

According to Johnson Controls International plc [NYSE:JCI], the company’s sales were 26.27B for trailing twelve months, which represents an -9.53% plunge. Gross Profit Margin for this corporation currently stands at 0.35% with Operating Profit Margin at 0.1%, Pretax Profit Margin comes in at 0.09%, and Net Profit Margin reading is 0.07%. To continue investigating profitability, this company’s Return on Assets is posted at 0.04, Equity is 0.11 and Total Capital is 0.08. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.59.

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 82.93 points at the first support level, and at 82.53 for the second support level. However, for the 1st resistance point, the stock is sitting at 84.11, and for the 2nd resistance point, it is at 84.88.

Ratios To Look Out For

It is important to note that Johnson Controls International plc [NYSE:JCI] has a current ratio of 0.91. On the other hand, the Quick Ratio is 0.76, and the Cash Ratio is 0.05. Considering the valuation of this stock, the price to sales ratio is 2.10, the price to book ratio is 3.43 and price to earnings (TTM) ratio is 32.85.

Transactions by insiders

Recent insider trading involved Oliver George, Chairman & CEO, that happened on Dec 11 ’24 when 0.12 million shares were sold. EVP and CHRO, SULLIVAN MARLON completed a deal on Dec 11 ’24 to sell 7230.0 shares. Meanwhile, Officer MARLON SULLIVAN bought 7230.0 shares on Dec 11 ’24.

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