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 Stock Performance
NYSE:JCI traded up $1.69 during trading hours on Friday, hitting $58.05. 4,084,886 shares of the company traded hands, compared to its average volume of 3,644,763. The stock has a market capitalization of $39.99 billion, a price-to-earnings ratio of 38.96, a P/E/G ratio of 1.26 and a beta of 1.18. Johnson Controls International has a twelve month low of $45.52 and a twelve month high of $81.77. The firm has a 50-day moving average of $50.52 and a 200 day moving average of $58.07. The company has a current ratio of 0.97, a quick ratio of 0.76 and a debt-to-equity ratio of 0.42.
Johnson Controls International (NYSE:JCI - Get Rating) last released its earnings results on Thursday, August 4th. The company reported $0.85 EPS for the quarter, meeting the consensus estimate of $0.85. The firm 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 quarterly revenue was up 4.3% compared to the same quarter last year. During the same period in the prior year, the company earned $0.83 EPS. On average, analysts forecast that Johnson Controls International will post 3 EPS for the current year.
Johnson Controls International Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Friday, July 15th. Investors of record on Tuesday, June 21st were paid a dividend of $0.35 per share. This represents a $1.40 annualized dividend and a yield of 2.41%. The ex-dividend date was Friday, June 17th. Johnson Controls International's payout ratio is currently 93.96%.
Wall Street Analyst Weigh In
Several research firms have commented on JCI. Morgan Stanley boosted their target price on shares of Johnson Controls International from $54.00 to $61.00 and gave the stock an "overweight" rating in a research report on Monday, August 8th. Barclays decreased 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 research report on Friday, July 8th. William Blair reissued a "market perform" rating on shares of Johnson Controls International in a research report on Thursday, May 5th. Cowen decreased their target price on shares of Johnson Controls International from $86.00 to $70.00 in a research report on Thursday, May 5th. Finally, Wells Fargo & Company decreased their target price on shares of Johnson Controls International from $60.00 to $56.00 in a research report on Tuesday, July 12th. Three investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $67.64.