Johnson Controls International plc (NYSE:JCI) saw an upside of 1.99% to close Tuesday at $68.06 after adding $1.33 on the day. The 5-day average trading volume is 3,211,700 shares of the company’s common stock. It has gained $68.39 in the past week and touched a new high 2 times within the past 5 days. An average of 2,564,305 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 3,332,442.
JCI’s 1-month performance is 5.32% or $3.96 on its low of $63.22 reached on 12/28/22. The company’s shares have touched a 52-week low of $45.52 and high of $75.20, with the stock’s rally to the 52-week high happening on 01/17/23. YTD, JCI has achieved 6.34% or $4.06 and has reached a new high 7 times. However, the current price is down -9.49% from the 52-week high price.
JCI stock investors last saw insider trading activity on Dec 12.ELLIS MICHAEL J (EVP Chief Digital & Customer O) most recently sold 28,825 shares at $65.15 per share on Dec 12. This transaction cost the insider $1,877,885. EVP Chief Digital & Customer O, ELLIS MICHAEL J, sold 1,194 shares at a price of $66.16 on Dec 09. Then, on Dec 08, EVP Chief Digital & Customer O ELLIS MICHAEL J sold 113,730 shares at a price of $66.57 per share. This transaction amounted to $7,570,874.
JCI stock has a beta of 1.24. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 1.81 while the price-to-book (PB) in the most recent quarter is 2.88, with the price to cash flow ratio at 95.97.
Johnson Controls International plc’s quick ratio for the period ended June 29 was 0.80, with the current ratio over the same period at 1.00. As well, the company’s long term debt to equity for the quarter ending June 29 was 0.46, while the total debt to equity was 0.55.. In terms of profitability, the gross margin trailing 12 months is 33.00%. The firm’s gross profit as reported stood at $8.34 billion against revenue of $25.3 billion.
For the quarterly period ending June 29 this year, Net income and sales went up compared to those figures reported in the previous quarter. Net income grew 64.65% to $761.0 million, while revenue of $379.0 million was 50.2% off the previous quarter. Analysts expected JCI to announce $0.88 per share in earnings in its latest quarter, but it posted $0.88, representing a 0.00% surprise. EBITDA for the quarter stood at more than $792.0 million. JCI stock balance sheet for the quarter ending June 29 shows that total liabilities totaled 24.76 billion, with total debt at $10.78 billion. Shareholders hold equity totaling $686.7 million.
Let’s look briefly at Johnson Controls International plc (JCI) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 24 January was 60.31% to suggest the stock is trending Neutral, with historical volatility in this time period at 25.11%.
The stock’s 5-day moving average is $66.37, reflecting a +0.43% or $0.29 change from its current price. JCI is currently trading +6.13% above its 20-day SMA, +24.90% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by +6.59% and SMA200 by+3.34%.
Stochastic %K and %D was 58.43% and 47.07% and the average true range (ATR) pointed at 1.51. The RSI (14) points at 58.56%, while the 14-day stochastic is at 75.56% with the period’s ATR at 1.50. The stock’s 9-day MACD Oscillator is pointing at -0.21 and 0.06 on the 14-day charts.
In the most recent analyst report for Johnson Controls International plc (NYSE: JCI), BofA Securities downgraded it to a Neutral rating. They previously had a Buy rating on the stock.