In yesterday’s Wall Street session, Johnson Controls International plc (NYSE:JCI) shares traded at $63.22, up 0.05% from the previous session.
23 analysts cover Johnson Controls International plc (NYSE:JCI), according to research data. The consensus rating among analysts is ‘Overweight’. As we calculate the median target price by taking the range between a high of $87.00 and a low of $58.00, we find $72.00. Given the previous closing price of $63.19, this indicates a potential upside of 13.94 percent. JCI stock price is now 6.26% away from the 50-day moving average and 4.58% away from the 200-day moving average. The market capitalization of the company currently stands at $43.35B.
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The stock has received a hold rating from 5 analysts and a buy rating from 14. Brokers who have rated the stock have averaged $72.35 as their price target over the next twelve months.
In other news, MANNING NATHAN D, COO, Global Field Ops sold 35,478 shares of the company’s stock on May 18. The stock was sold for $2,235,437 at an average price of $63.01. Upon completion of the transaction, the COO, Global Field Ops now directly owns 90,485 shares in the company, valued at $5.72 million. An SEC document containing details of the transaction can be found on the SEC’s website. On May 09, Exec VP & General Counsel Donofrio John sold 14,253 shares of the business’s stock. A total of $898,247 was realized by selling the stock at an average price of $63.02. This leaves the insider owning 37,090 shares of the company worth $2.34 million. Insiders disposed of 554,145 shares of company stock worth roughly $35.03 million over the past 1 year. A total of 0.20% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in JCI stock. A new stake in Johnson Controls International plc shares was purchased by CULLEN CAPITAL MANAGEMENT, LLC during the first quarter worth $214,726,000. CANOE FINANCIAL LP invested $54,614,000 in shares of JCI during the first quarter. In the first quarter, QUBE RESEARCH & TECHNOLOGIES LTD acquired a new stake in Johnson Controls International plc valued at approximately $46,089,000. POINT72 ASSET MANAGEMENT, L.P. acquired a new stake in JCI for approximately $44,671,000. ABEILLE ASSET MANAGEMENT SA purchased a new stake in JCI valued at around $33,050,000 in the second quarter. In total, there are 1,407 active investors with 97.80% ownership of the company’s stock.
On Friday morning Johnson Controls International plc (NYSE: JCI) stock kicked off with the opening price of $64.05. During the past 12 months, Johnson Controls International plc has had a low of $45.52 and a high of $69.60. As of last week, the company has a debt-to-equity ratio of 0.66, a current ratio of 1.00, and a quick ratio of 0.80. According to the stock market information, the enterprise value for the company is $50.90B, which is based on a 31.42 price-to-earnings ratio, a 2.00 price-to-earnings-growth ratio, and a beta of 1.23. The fifty day moving average price for JCI is $59.49 and a two-hundred day moving average price translates $60.50 for the stock.
The latest earnings results from Johnson Controls International plc (NYSE: JCI) was released for Mar, 2023. According to the Building Products & Equipment Company, earnings per share came in at $0.75, beating analysts’ expectations of $0.73 by 0.02. This compares to $0.07 EPS in the same period last year. The net profit margin was 5.30% and return on equity was 8.70% for JCI. The company reported revenue of $6.69 billion for the quarter, compared to $6.1 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 9.64 percent. For the current quarter, analysts expect JCI to generate $7.2B in revenue.
Moreover, the firm recently paid out its quarterly dividend on 04/14/2023. Investors who held shares on 03/20/2023 were paid a $0.36 dividend. On an annualized basis, this represents a $1.44 dividend and a 2.28% percent yield. There was an ex-dividend date of 03/17/2023 for this dividend. In terms of dividend payout ratio, JCI is presently at 69.90%.
Johnson Controls International plc(JCI) Company Profile
Johnson Controls International plc, together with its subsidiaries, engages in engineering, manufacturing, commissioning, and retrofitting building products and systems in the United States, Europe, the Asia Pacific, and internationally. It operates in four segments: Building Solutions North America, Building Solutions EMEA/LA, Building Solutions Asia Pacific, and Global Products. The company designs, sells, installs, and services heating, ventilating, air conditioning, controls, building management, refrigeration, integrated electronic security, integrated fire detection and suppression systems, and fire protection and security products for commercial, industrial, retail, small business, institutional, and governmental customers. It also provides energy efficiency solutions and technical services, including inspection, scheduled maintenance, and repair and replacement of mechanical and control systems, as well as data-driven smart building solutions to non-residential building and industrial applications. In addition, the company offers control software and software services for residential and commercial applications. Johnson Controls International plc was incorporated in 1885 and is headquartered in Cork, Ireland.
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