In yesterday’s Wall Street session, Johnson Controls International plc (NYSE:JCI) shares traded at $55.04, up 1.14% from the previous session.
22 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 $80.00 and a low of $58.00, we find $72.00. Given the previous closing price of $54.42, this indicates a potential upside of 32.3 percent. JCI stock price is now 6.65% away from the 50-day moving average and -7.06% away from the 200-day moving average. The market capitalization of the company currently stands at $37.44B.
The stock has received a hold rating from 5 analysts and a buy rating from 15. Brokers who have rated the stock have averaged $69.53 as their price target over the next twelve months.
With the price target enhanced from $58 to $69, HSBC Securities Upgraded its rating from Hold to Buy for Johnson Controls International plc (NYSE: JCI).
In other news, Oliver George, Chairman & CEO sold 103,332 shares of the company’s stock on Nov 15. The stock was sold for $5,404,098 at an average price of $52.30. Upon completion of the transaction, the Chairman & CEO now directly owns 980,403 shares in the company, valued at $53.96 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Oct 16, Chairman & CEO Oliver George sold 103,332 shares of the business’s stock. A total of $5,411,497 was realized by selling the stock at an average price of $52.37. This leaves the insider owning 979,759 shares of the company worth $53.93 million. Insiders disposed of 871,876 shares of company stock worth roughly $47.99 million over the past 1 year. A total of 0.73% of the company’s stock is owned by insiders.
On Wednesday morning Johnson Controls International plc (NYSE: JCI) stock kicked off with the opening price of $54.81. During the past 12 months, Johnson Controls International plc has had a low of $47.90 and a high of $70.43. As of last week, the company has a debt-to-equity ratio of 0.69, a current ratio of 1.06, and a quick ratio of 0.79. According to the stock market information, the enterprise value for the company is $46.15B, which is based on a 18.39 price-to-earnings ratio, a 1.17 price-to-earnings-growth ratio, and a beta of 1.24. The fifty day moving average price for JCI is $51.61 and a two-hundred day moving average price translates $59.22 for the stock.
The latest earnings results from Johnson Controls International plc (NYSE: JCI) was released for Jun, 2023. According to the Building Products & Equipment Company, earnings per share came in at $1.03, inline with analysts’ expectations of $1.03. This compares to $0.64 EPS in the same period last year. The net profit margin was 7.74% and return on equity was 12.76% for JCI. The company reported revenue of $7.13 billion for the quarter, compared to $6.61 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 7.85 percent. For the current quarter, analysts expect JCI to generate $7.09B in revenue.
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.
