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.
Analyst Ratings Changes
Several analysts have recently commented on the stock. Wells Fargo & Company lowered their price target on shares of Johnson Controls International from $60.00 to $56.00 in a research report on Tuesday, July 12th. Barclays decreased their price objective 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. William Blair restated a "market perform" rating on shares of Johnson Controls International in a research report on Thursday, May 5th. StockNews.com upgraded shares of Johnson Controls International from a "hold" rating to a "buy" rating in a research report on Monday. Finally, Cowen dropped their target price on shares of Johnson Controls International from $86.00 to $70.00 in a research report on Thursday, May 5th. Two research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $67.64.
Johnson Controls International Stock Performance
NYSE:JCI traded down $0.21 during trading on Tuesday, reaching $58.58. The company's stock had a trading volume of 5,461 shares, compared to its average volume of 3,638,036. The firm has a market cap of $40.35 billion, a price-to-earnings ratio of 39.46, a price-to-earnings-growth ratio of 1.30 and a beta of 1.18. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.76 and a current ratio of 0.97. The firm has a 50 day moving average of $50.59 and a 200-day moving average of $57.78. Johnson Controls International has a 12 month low of $45.52 and a 12 month high of $81.77.
Johnson Controls International (NYSE:JCI - Get Rating) last announced its earnings results on Thursday, August 4th. The company reported $0.85 earnings per share for the quarter, hitting analysts' consensus estimates of $0.85. The business had revenue of $6.61 billion for the quarter, compared to analyst estimates of $6.76 billion. Johnson Controls International had a return on equity of 11.35% and a net margin of 4.17%. The company'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. Research analysts expect that Johnson Controls International will post 3 EPS for the current fiscal year.
Johnson Controls International Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Friday, July 15th. Shareholders of record on Tuesday, June 21st were paid a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a yield of 2.39%. The ex-dividend date of this dividend was Friday, June 17th. Johnson Controls International's payout ratio is 93.96%.