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 opened at $54.11 on Wednesday. The stock's fifty day moving average is $50.40 and its two-hundred day moving average is $58.31. The firm has a market capitalization of $37.27 billion, a P/E ratio of 36.32, a price-to-earnings-growth ratio of 1.24 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. 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 released its quarterly earnings data on Thursday, August 4th. The company reported $0.85 earnings per share for the quarter, hitting analysts' consensus estimates of $0.85. The company 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 firm's revenue for the quarter was up 4.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.83 earnings per share. On average, research analysts anticipate that Johnson Controls International will post 3 earnings per share for the current year.
Johnson Controls International Dividend Announcement
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 2.59%. The ex-dividend date was Friday, June 17th. Johnson Controls International's dividend payout ratio (DPR) is currently 93.96%.
Analyst Upgrades and Downgrades
JCI has been the subject of a number of recent analyst reports. Deutsche Bank Aktiengesellschaft cut their price objective on Johnson Controls International from $70.00 to $61.00 in a research report on Wednesday, July 13th. TheStreet cut Johnson Controls International from a "b" rating to a "c+" rating in a research report on Wednesday, May 4th. The Goldman Sachs Group cut their price objective on Johnson Controls International from $73.00 to $62.00 and set a "buy" rating for the company in a research report on Thursday, June 23rd. Bank of America started coverage on Johnson Controls International in a research report on Monday, May 2nd. They issued a "buy" rating and a $85.00 price objective for the company. Finally, Wells Fargo & Company dropped their price target on Johnson Controls International from $60.00 to $56.00 in a research report on Tuesday, July 12th. Three equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the company's stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $67.64.