Johnson Controls International (JCI) to Release Quarterly Earnings on Wednesday

Johnson Controls International (NYSE:JCIGet Free Report) is expected to be announcing its earnings results before the market opens on Wednesday, February 5th. Analysts expect the company to announce earnings of $0.61 per share and revenue of $5.32 billion for the quarter. Parties interested in listening to the company’s conference call can do so using this link.

Johnson Controls International Price Performance

Shares of NYSE JCI opened at $76.18 on Wednesday. The firm has a market capitalization of $50.29 billion, a P/E ratio of 29.99, a P/E/G ratio of 2.35 and a beta of 1.32. The company has a quick ratio of 0.79, a current ratio of 0.94 and a debt-to-equity ratio of 0.46. The stock’s 50-day simple moving average is $81.48 and its two-hundred day simple moving average is $76.39. Johnson Controls International has a twelve month low of $52.02 and a twelve month high of $87.16.

Johnson Controls International Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, January 17th. Shareholders of record on Monday, December 23rd were given a dividend of $0.37 per share. The ex-dividend date was Monday, December 23rd. This represents a $1.48 dividend on an annualized basis and a yield of 1.94%. Johnson Controls International’s payout ratio is 58.27%.

Insider Buying and Selling

In related news, EVP Marlon Sullivan sold 7,230 shares of the business’s stock in a transaction dated Wednesday, December 11th. The shares were sold at an average price of $83.35, for a total value of $602,620.50. Following the sale, the executive vice president now directly owns 32,246 shares in the company, valued at approximately $2,687,704.10. The trade was a 18.31 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO George Oliver sold 224,152 shares of the stock in a transaction dated Wednesday, November 20th. The stock was sold at an average price of $82.72, for a total transaction of $18,541,853.44. Following the transaction, the chief executive officer now directly owns 1,166,992 shares of the company’s stock, valued at approximately $96,533,578.24. This trade represents a 16.11 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 647,787 shares of company stock worth $53,972,452. Insiders own 0.69% of the company’s stock.

Analyst Upgrades and Downgrades

JCI has been the topic of a number of recent research reports. JPMorgan Chase & Co. reduced their price objective on Johnson Controls International from $88.00 to $87.00 and set an “overweight” rating on the stock in a research note on Wednesday, January 15th. Oppenheimer boosted their target price on Johnson Controls International from $86.00 to $87.00 and gave the stock an “outperform” rating in a report on Thursday, November 7th. Melius Research restated a “hold” rating and set a $95.00 target price on shares of Johnson Controls International in a research note on Tuesday. Royal Bank of Canada increased their price target on shares of Johnson Controls International from $81.00 to $86.00 and gave the stock a “sector perform” rating in a research report on Thursday, November 7th. Finally, Melius downgraded shares of Johnson Controls International from a “buy” rating to a “hold” rating and set a $95.00 target price for the company. in a report on Tuesday. Eleven analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $84.00.

View Our Latest Research Report on Johnson Controls International

Johnson Controls International Company Profile

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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.

Further Reading

Earnings History for Johnson Controls International (NYSE:JCI)

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