How have the shares performed?
Johnson Controls International plc (JCI) saw an uptrend of 1.93% in the recent trading with $65.55 being its most recent. The current price level -1.72% lower than the highest price of $66.69 marked by the stock while trading over the past 52-weeks, whereas it is 149.95% higher than the lowest price of $26.23 the company dropped to over past 52-weeks. The latest news story on JCI appeared in Simply Wall St. under the title “Johnson Controls International plc’s (NYSE:JCI) On An Uptrend But Financial Prospects Look Pretty Weak: Is The Stock Overpriced?” on May-16-21.
Squeezing the time span to 30 day period shows us the stock is currently trading -1.72% below one month high and is +9.05% above of the lowest during that time. Looking into the simple moving average, Johnson Controls International plc (JCI)’s stock stands at a SMA-50 of $61.77 while that of 5-day is reading $64.58.
Daily rise and fall of price influence many of the traders, and in order to overcome the fluctuating effect of that and to watch the stock closely, traders focus more on stock’s 200-day moving average. At various points in trading activity, investors are more likely to be making use of that measure as a strong indicator in figuring out their support and resistance levels, and JCI’s SMA-200 as of now is $49.66.
Do analysts rate it as a buy, sell or hold?
Irrespective of recent performance, what’s important is what the future holds. In uncertain economic times, a clear picture is difficult to get. Analysts generally have a good understanding of the market works, which gives them a leg up in making predictions. Currently, the stock has been recommended as Moderate Buy by 20 of the brokerage firms. Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 2.30 for the stock.
Johnson Controls International plc Earnings – What Happened With JCI
Coming around sales and income figures, publically trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor. Johnson Controls International plc (JCI) last released financial results for the quarter that ended 3/30/2021, posting a surprise factor of 6.10% for net revenue. During the reported three-month period, company’s sales were $5.59 billion while analysts on average were estimating the same to be $6.21 billion.
JCI – Johnson Controls International plc Stock Earnings Estimates
The perspective of Johnson Controls International plc (NYSE:JCI)’s current quarter earnings identifies that analysts are in consensus over the estimate of 0.49 for stock’s EPS in the current quarter. 16 analysts covering the stock at Wall Street were agreed upon that EPS consensus. Company’s EPS for the last quarter was 0.52.
Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 717.10 million. JCI does have institutional investors; and they hold 92.80% of the stock.
Johnson Controls International plc – Insider Activity and Holdings
Moreover, the latest SEC filings also revealed that stock came across 14 new insider purchases involving 63,465 shares. On the other hand, JCI declared 377,414 shares have been sold in 59 insider transactions over the past three months.
As on Dec 30, 2020, Dodge & Cox Inc was the top most holder in Johnson Controls International plc (NYSE:JCI) with an ownership of 81.66 million shares of the company or 11.39% of the stake worth $3.8 billion. The filing also reveals Vanguard Group, Inc. (The) as the second largest holder in the company with a control over 8.17% of the outstanding shares. Its stake is worth $2.73 billion for having 58.54 million shares in hand.
Blackrock Inc. also came holding a key position in the company during the recent quarter and it now holds 7.68% of the outstanding shares. With this there are now 1,219 institutions which have possession in JCI’s shares.
Currently, the stock has been recommended as Moderate Buy by 20 of the brokerage firms. Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 2.30 for the stock.
The liquidity is a key characteristic of any stock and is the main point of focus of both short-term as well as long term investors before start trading into a stock. In recently reported quarter, current ratio recorded by Johnson Controls International plc was 1.20 while posting a debt to equity ratio of 0.44. The count was 48.15 for long-term debt to equity ratio.
Johnson Controls International plc’s return on equity, or ROE, is 6.00%, compared to the industry average of 5.92% for Industrials – Engineering & Construction. Although this indicates that JCI uses its equity well, the metric will vary significantly depending on the industry.