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NYSE:JCI

Johnson Controls International (JCI) Stock Price, News & Analysis

$69.43
-1.19 (-1.69%)
(As of 06/14/2024 ET)
Today's Range
$68.61
$70.17
50-Day Range
$60.44
$73.90
52-Week Range
$47.90
$74.23
Volume
4.53 million shs
Average Volume
5.17 million shs
Market Capitalization
$46.77 billion
P/E Ratio
28.11
Dividend Yield
2.13%
Price Target
$63.00

Johnson Controls International MarketRank™ Stock Analysis

Analyst Rating
Hold
2.21 Rating Score
Upside/​Downside
9.3% Downside
$63.00 Price Target
Short Interest
Healthy
2.26% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-1.50
Upright™ Environmental Score
News Sentiment
1.04mentions of Johnson Controls International in the last 14 days
Based on 14 Articles This Week
Insider Trading
Selling Shares
$1.10 M Sold Last Quarter
Proj. Earnings Growth
13.93%
From $3.59 to $4.09 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.26 out of 5 stars

Industrial Products Sector

34th out of 166 stocks

Refrigeration & Heating Equipment Industry

2nd out of 4 stocks

JCI stock logo

About Johnson Controls International Stock (NYSE:JCI)

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.

JCI Stock Price History

JCI Stock News Headlines

JOHNSON CONTROLS ANNOUNCES QUARTERLY DIVIDEND
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Company Calendar

Ex-Dividend for 4/19 Dividend
3/22/2024
Dividend Payable
4/19/2024
Last Earnings
5/01/2024
Today
6/15/2024
Ex-Dividend for 7/19 Dividend
6/24/2024
Dividend Payable
7/19/2024
Next Earnings (Estimated)
8/07/2024
Fiscal Year End
9/30/2024

Industry, Sector and Symbol

Industry
Refrigeration & heating equipment
Sub-Industry
N/A
CUSIP
47836610
Employees
100,000
Year Founded
1885

Price Target and Rating

Average Stock Price Target
$63.00
High Stock Price Target
$73.00
Low Stock Price Target
$48.00
Potential Upside/Downside
-9.3%
Consensus Rating
Hold
Rating Score (0-4)
2.21
Research Coverage
14 Analysts

Profitability

Net Income
$1.85 billion
Pretax Margin
5.06%

Debt

Sales & Book Value

Annual Sales
$26.79 billion
Cash Flow
$4.70 per share
Book Value
$26.01 per share

Miscellaneous

Free Float
669,028,000
Market Cap
$46.77 billion
Optionable
Optionable
Beta
1.29

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Should I Buy Johnson Controls International Stock? JCI Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Johnson Controls International plc:

  • Johnson Controls International has shown consistent growth in institutional investments, indicating confidence from major financial entities like Vanguard Group Inc. and Capital World Investors.
  • The company has a strong dividend payout ratio of 59.92%, providing investors with a steady income stream.
  • Recent earnings results have exceeded analyst expectations, with a reported earnings per share of $0.78 for the quarter, beating the consensus estimate by $0.03.
  • Johnson Controls International has a diverse product portfolio, including central processing units, chipsets, SoCs, and other semiconductor products, which can help mitigate risks associated with relying on a single product line.
  • The stock has shown a positive trend in its stock performance, with a 12-month high of $70.43, indicating potential for capital appreciation.

Cons

Investors should be bearish about investing in Johnson Controls International plc for these reasons:

  • Despite the positive earnings results, the company's quarterly revenue was down 6.1% compared to the same quarter last year, signaling a potential slowdown in growth.
  • Analysts have issued mixed reports on the company, with some lowering target prices, which could indicate uncertainty in the company's future performance.
  • The company's debt-to-equity ratio of 0.44 may raise concerns about its financial leverage and ability to manage debt obligations.
  • Johnson Controls International's business is subject to market risks, including competition in the technology sector and potential disruptions in supply chains.
  • Investors should consider the company's beta of 1.23, indicating higher volatility compared to the market average, which may lead to fluctuations in stock price.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Saturday, June 8, 2024. Please send any questions or comments about these Johnson Controls International pros and cons to contact@marketbeat.com.

JCI Stock Analysis - Frequently Asked Questions

Should I buy or sell Johnson Controls International stock right now?

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Johnson Controls International in the last twelve months. There are currently 1 sell rating, 9 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" JCI shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in JCI, but not buy additional shares or sell existing shares.
View JCI analyst ratings
or view top-rated stocks.

What is Johnson Controls International's stock price target for 2024?

14 brokers have issued 12-month price targets for Johnson Controls International's stock. Their JCI share price targets range from $48.00 to $73.00. On average, they anticipate the company's share price to reach $63.00 in the next year. This suggests that the stock has a possible downside of 9.3%.
View analysts price targets for JCI
or view top-rated stocks among Wall Street analysts.

How have JCI shares performed in 2024?

Johnson Controls International's stock was trading at $57.64 on January 1st, 2024. Since then, JCI shares have increased by 20.5% and is now trading at $69.43.
View the best growth stocks for 2024 here
.

Are investors shorting Johnson Controls International?

Johnson Controls International saw a increase in short interest in May. As of May 31st, there was short interest totaling 15,180,000 shares, an increase of 25.7% from the May 15th total of 12,080,000 shares. Based on an average daily volume of 5,370,000 shares, the short-interest ratio is currently 2.8 days. Currently, 2.3% of the shares of the stock are short sold.
View Johnson Controls International's Short Interest
.

When is Johnson Controls International's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 7th 2024.
View our JCI earnings forecast
.

How were Johnson Controls International's earnings last quarter?

Johnson Controls International plc (NYSE:JCI) issued its quarterly earnings data on Wednesday, May, 1st. The company reported $0.78 EPS for the quarter, beating analysts' consensus estimates of $0.75 by $0.03. The company earned $6.70 billion during the quarter, compared to analyst estimates of $7.51 billion. Johnson Controls International had a trailing twelve-month return on equity of 13.21% and a net margin of 6.32%. Johnson Controls International's quarterly revenue was down 6.1% on a year-over-year basis. During the same quarter last year, the firm posted $0.75 EPS.

How often does Johnson Controls International pay dividends? What is the dividend yield for Johnson Controls International?

Johnson Controls International declared a quarterly dividend on Wednesday, June 12th. Investors of record on Monday, June 24th will be paid a dividend of $0.37 per share on Friday, July 19th. This represents a $1.48 dividend on an annualized basis and a dividend yield of 2.13%. The ex-dividend date is Monday, June 24th.
Read our dividend analysis for JCI
.

Is Johnson Controls International a good dividend stock?

Johnson Controls International (NYSE:JCI) pays an annual dividend of $1.48 per share and currently has a dividend yield of 2.10%. The dividend payout ratio is 59.92%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, JCI will have a dividend payout ratio of 36.19% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for JCI.

What guidance has Johnson Controls International issued on next quarter's earnings?

Johnson Controls International updated its third quarter 2024 earnings guidance on Wednesday, May, 1st. The company provided earnings per share (EPS) guidance of 1.050-1.100 for the period, compared to the consensus EPS estimate of 1.120. The company issued revenue guidance of -.

What is George Oliver's approval rating as Johnson Controls International's CEO?

868 employees have rated Johnson Controls International Chief Executive Officer George Oliver on Glassdoor.com. George Oliver has an approval rating of 62% among the company's employees. This puts George Oliver in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Johnson Controls International own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Johnson Controls International investors own include AbbVie (ABBV), Hawkins (HWKN), Chicago Bridge Iron (CBI), Bristol-Myers Squibb (BMY), Diebold Nixdorf (DBD), General Electric (GE), KKR & Co. Inc. (KKR), Philip Morris International (PM), AT&T (T) and Intel (INTC).

Who are Johnson Controls International's major shareholders?

Johnson Controls International's stock is owned by a number of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (10.49%), Capital World Investors (2.10%), Bank of New York Mellon Corp (1.87%), Clearbridge Investments LLC (0.83%), Raymond James & Associates (0.62%) and Saturna Capital Corp (0.33%). Insiders that own company stock include Daniel C Mcconeghy, George Oliver, Jeffrey M Williams, John Donofrio, Juergen Tinggren, Marc Vandiepenbeeck, Michael J Ellis, Nathan D Manning, Olivier Leonetti, Robert M Vanhimbergen and Visal Leng.
View institutional ownership trends
.

How do I buy shares of Johnson Controls International?

Shares of JCI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does Johnson Controls International have any subsidiaries?
The following companies are subsidiares of Johnson Controls International: Brookfield Business Partners L.P., EnergyConnect, Esotec, FogHorn, Gridlogix, Johnson Controls Fire Protection LP, Johnson Controls Inc., Johnson Controls Security Solutions LLC, LUX, Qolsys Inc, SCIENTECH, Silent-Aire Manufacturing Incorporated, Smartvue, Synchrony, Triatek, and YORK International.
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This page (NYSE:JCI) was last updated on 6/15/2024 by MarketBeat.com Staff

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