Johnson Controls International (JCI) to Release Earnings on Wednesday

Johnson Controls International (NYSE:JCI) is scheduled to be announcing its earnings results before the market opens on Wednesday, May 1st. Analysts expect the company to announce earnings of $0.75 per share for the quarter. Parties that are interested in registering for the company’s conference call can do so using this link.

Johnson Controls International (NYSE:JCI) last posted its quarterly earnings results on Tuesday, January 30th. The company reported $0.51 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.51. Johnson Controls International had a net margin of 7.85% and a return on equity of 13.08%. The company had revenue of $6.09 billion for the quarter, compared to the consensus estimate of $6.94 billion. During the same period last year, the firm posted $0.67 EPS. The company’s revenue for the quarter was up .4% on a year-over-year basis. On average, analysts expect Johnson Controls International to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Johnson Controls International Price Performance

Shares of NYSE:JCI opened at $65.17 on Wednesday. The company has a market cap of $44.41 billion, a PE ratio of 21.23, a P/E/G ratio of 1.60 and a beta of 1.24. Johnson Controls International has a fifty-two week low of $47.90 and a fifty-two week high of $70.43. The firm has a 50-day simple moving average of $62.34 and a 200 day simple moving average of $56.67. The company has a quick ratio of 0.73, a current ratio of 0.97 and a debt-to-equity ratio of 0.45.

Johnson Controls International Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, April 19th. Stockholders of record on Monday, March 25th were issued a dividend of $0.37 per share. This represents a $1.48 annualized dividend and a dividend yield of 2.27%. The ex-dividend date of this dividend was Friday, March 22nd. Johnson Controls International’s dividend payout ratio (DPR) is presently 48.21%.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on JCI. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and issued a $60.00 price target (down previously from $65.00) on shares of Johnson Controls International in a report on Wednesday, January 31st. Citigroup boosted their price target on shares of Johnson Controls International from $59.00 to $68.00 and gave the company a “neutral” rating in a report on Monday, April 8th. Wells Fargo & Company increased their price objective on shares of Johnson Controls International from $64.00 to $73.00 and gave the stock an “overweight” rating in a report on Tuesday, April 2nd. Oppenheimer boosted their target price on shares of Johnson Controls International from $66.00 to $71.00 and gave the company an “outperform” rating in a research note on Thursday, April 18th. Finally, Barclays raised their price target on shares of Johnson Controls International from $59.00 to $61.00 and gave the company an “equal weight” rating in a research note on Tuesday, April 2nd. One equities research analyst has rated the stock with a sell rating, nine have issued a hold rating and five have given a buy rating to the company. Based on data from MarketBeat.com, Johnson Controls International has a consensus rating of “Hold” and an average target price of $64.50.

Johnson Controls International Company Profile

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.