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; and 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. It also offers controls software and software services for residential and commercial applications. Johnson Controls International plc was founded in 1885 and is headquartered in Cork, Ireland.
Johnson Controls International Price Performance
Shares of NYSE:JCI traded up $1.69 during midday trading on Friday, hitting $58.05. The stock had a trading volume of 4,084,886 shares, compared to its average volume of 3,644,763. The company's 50-day moving average price is $50.52 and its 200-day moving average price is $57.97. The company has a market capitalization of $39.99 billion, a P/E ratio of 38.96, a price-to-earnings-growth ratio of 1.30 and a beta of 1.18. The company has a quick ratio of 0.76, a current ratio of 0.97 and a debt-to-equity ratio of 0.42. Johnson Controls International has a fifty-two week low of $45.52 and a fifty-two week high of $81.77.
Johnson Controls International (NYSE:JCI - Get Rating) last issued its earnings results on Thursday, August 4th. The company reported $0.85 EPS for the quarter, meeting the consensus estimate of $0.85. The company had revenue of $6.61 billion during the quarter, compared to analysts' expectations of $6.76 billion. Johnson Controls International had a net margin of 4.17% and a return on equity of 11.35%. The business's revenue for the quarter was up 4.3% compared to the same quarter last year. During the same period in the previous year, the company earned $0.83 EPS. As a group, equities research analysts predict that Johnson Controls International will post 3 EPS for the current fiscal year.
Johnson Controls International Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Friday, July 15th. Stockholders of record on Tuesday, June 21st were given a $0.35 dividend. This represents a $1.40 annualized dividend and a dividend yield of 2.41%. The ex-dividend date of this dividend was Friday, June 17th. Johnson Controls International's payout ratio is presently 93.96%.
Analyst Ratings Changes
Several research analysts have recently weighed in on JCI shares. TheStreet lowered shares of Johnson Controls International from a "b" rating to a "c+" rating in a research note on Wednesday, May 4th. Morgan Stanley lifted their target price on shares of Johnson Controls International from $54.00 to $61.00 and gave the stock an "overweight" rating in a report on Monday, August 8th. Oppenheimer lifted their target price on shares of Johnson Controls International from $62.00 to $63.00 and gave the stock an "outperform" rating in a report on Monday, August 8th. Barclays reduced their target price on shares of Johnson Controls International from $65.00 to $60.00 and set an "overweight" rating for the company in a report on Friday, July 8th. Finally, William Blair reaffirmed a "market perform" rating on shares of Johnson Controls International in a report on Thursday, May 5th. Three equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. According to MarketBeat.com, Johnson Controls International currently has an average rating of "Moderate Buy" and an average target price of $67.64.