Johnson Controls International plc (NYSE:JCI) Given Average Rating of “Buy” by Analysts

Johnson Controls International plc (NYSE:JCIGet Rating) has received a consensus recommendation of “Buy” from the eighteen analysts that are currently covering the stock, Marketbeat reports. Four research analysts have rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average twelve-month target price among brokers that have updated their coverage on the stock in the last year is $74.53.

Several analysts recently commented on the company. TheStreet downgraded Johnson Controls International from a “b” rating to a “c+” rating in a research note on Wednesday, May 4th. Cowen dropped their price objective on Johnson Controls International from $86.00 to $70.00 in a research note on Thursday, May 5th. William Blair reaffirmed a “market perform” rating on shares of Johnson Controls International in a research note on Thursday, May 5th. Barclays dropped their price objective on Johnson Controls International from $68.00 to $65.00 and set an “overweight” rating on the stock in a research note on Tuesday. Finally, StockNews.com downgraded Johnson Controls International from a “buy” rating to a “hold” rating in a research note on Tuesday, March 29th.

Several hedge funds and other institutional investors have recently made changes to their positions in JCI. M Holdings Securities Inc. bought a new position in Johnson Controls International during the first quarter worth about $330,000. Roffman Miller Associates Inc. PA grew its holdings in Johnson Controls International by 3.0% during the first quarter. Roffman Miller Associates Inc. PA now owns 341,295 shares of the company’s stock worth $22,379,000 after purchasing an additional 10,015 shares during the period. Advisory Services Network LLC grew its holdings in Johnson Controls International by 55.4% during the first quarter. Advisory Services Network LLC now owns 17,312 shares of the company’s stock worth $1,135,000 after purchasing an additional 6,175 shares during the period. Aurora Investment Counsel bought a new position in Johnson Controls International during the first quarter worth about $1,130,000. Finally, The Manufacturers Life Insurance Company grew its holdings in Johnson Controls International by 44.9% during the first quarter. The Manufacturers Life Insurance Company now owns 2,234,419 shares of the company’s stock worth $146,536,000 after purchasing an additional 691,936 shares during the period. Institutional investors own 88.54% of the company’s stock.

JCI stock opened at $53.60 on Friday. The business’s fifty day moving average is $60.02 and its 200-day moving average is $68.58. The company has a quick ratio of 0.78, a current ratio of 1.00 and a debt-to-equity ratio of 0.42. The company has a market cap of $37.29 billion, a P/E ratio of 30.80, a price-to-earnings-growth ratio of 1.15 and a beta of 1.14. Johnson Controls International has a twelve month low of $49.42 and a twelve month high of $81.77.

Johnson Controls International (NYSE:JCIGet Rating) last posted its quarterly earnings results on Wednesday, May 4th. The company reported $0.63 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.63. The company had revenue of $6.10 billion for the quarter, compared to the consensus estimate of $6.16 billion. Johnson Controls International had a return on equity of 11.10% and a net margin of 5.00%. The firm’s quarterly revenue was up 9.0% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.52 EPS. Research analysts anticipate that Johnson Controls International will post 3 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Thursday, April 14th. Stockholders of record on Monday, March 21st were issued a $0.35 dividend. This is a boost from Johnson Controls International’s previous quarterly dividend of $0.34. The ex-dividend date was Friday, March 18th. This represents a $1.40 annualized dividend and a dividend yield of 2.61%. Johnson Controls International’s dividend payout ratio (DPR) is presently 80.46%.

Johnson Controls International Company Profile (Get Rating)

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.

See Also

Analyst Recommendations for Johnson Controls International (NYSE:JCI)

Receive News & Ratings for Johnson Controls International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Johnson Controls International and related companies with MarketBeat.com's FREE daily email newsletter.