As of Thursday close, Johnson Controls International plc’s (NYSE:JCI) stock was down -$0.12, moving down -0.20 percent to $59.16. The average number of shares traded per day over the past five days has been 3,839,900 shares. 2 times new highs have been achieved over the past 5 days, with a -$0.50 fall in that time frame. In the last twenty days, the average volume was 4,429,580, while in the previous 50 days, it was 3,802,804.
Since last month, JCI stock retreated -14.84%. Shares of the company fell to $58.63 on 08/15/23, the lowest level in the past month. A 52-week high of $70.43 was reached on 08/01/23 after having rallying from a 52-week low of $48.82. Since the beginning of this year, JCI’s stock price has dropped by -7.56% or -$4.84, and marked a new high 13 times. However, the stock has declined by -16.00% since its 52-week high.
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JCI stock investors should be aware that Johnson Controls International plc (JCI) stock had its last reported insider trading activity 92 days ago on May 18. MANNING NATHAN D, the COO, Global Field Ops of the company, disposed of 35,478 shares for $63.01 on May 18. It resulted in a $2,235,437 divestment by the insider. Donofrio John sold 14,253 shares at an average price of $63.02 on May 09. The insider now owns 37,090 shares following the transaction. On May 08, EVP and CFO LEONETTI OLIVIER sold 30,997 shares at $62.36 apiece. The transaction was valued at $1,932,973.
Valuation Metrics
Right now, Johnson Controls International plc (JCI) has a P/E ratio of about 19.77. The stock’s beta is 1.27. Besides these, the trailing price-to-sales (P/S) ratio of 1.52, the price-to-book (PB) ratio of 2.48, and the price-to-cash flow ratio of 27.28 may also be considered.
The latest dividend of $0.37 per share was paid out, which is 2.78% more than last year’s $0.36. On Wednesday June 7 2023, a $0.01 dividend increase was announced.
Financial Health
In the three months ended June 29, Johnson Controls International plc’s quick ratio stood at 0.80, while its current ratio was 1.10, showing that the company is not able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending June 29 was 0.52, and the total debt-to-equity ratio was 0.60. On the profitability front, the trailing twelve-month gross margin is 34.00% percent. In the year ended June 29, EBITDA margin amounted to 12.67%, whereas operating margins totaled 7.80%. Based on annual data, JCI earned $8.34 billion in gross profit and brought in $25.3 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 7.70%. Return on equity (ROE) for the past 12 months was 12.80%.
In Johnson Controls International plc’s quarter-end financial report for June 29, it reported total debt of $7.83 billion. According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. JCI’s revenue rose 8.79% to $6.07 billion during the quarter, while net income inched up to $6.69 billion. While analysts expected Johnson Controls International plc to report $1.03 quarterly earnings, the actual figure was $1.03 per share. During the quarter, the company generated $1.01 billion in EBITDA. The liabilities of Johnson Controls International plc were 25.32 billion at the end of its most recent quarter ended June 29, and its total debt was $11.2 billion. The value of shareholders’ equity is $680.32 million.
Technical Picture
This quick technical analysis looks at Johnson Controls International plc’s (JCI) price momentum. With a historical volatility rate of 9.89%, the RSI 9-day stood at 17.42% on 17 August.
With respect to its five-day moving average, the current Johnson Controls International plc price is down by -0.84% percent or -$0.50. At present, JCI shares trade -13.97% below its 20-day simple moving average and +1.60% percent above its 100-day simple moving average. However, the stock is currently trading approximately -5.42% below its SMA50 and +0.78% above its SMA200.
Stochastic coefficient K was 4.75% and Stochastic coefficient D was 4.72%, while ATR was 1.32. Given the Stochastic reading of 4.49% for the 14-day period, the RSI (14) reading has been calculated as 23.50%. As of today, the MACD Oscillator reading stands at -0.87, while the 14-day reading stands at -2.85.
Analyst Ratings
Johnson Controls International plc downgraded its rating on Johnson Controls International plc (NYSE: JCI) to an Equal weight in a note to investors on June 01, 2023. The analysts firm previously had an Overweight rating on the stock.Johnson Controls International plc (JCI) has been rated Overweight by analysts. According to 0 brokerage firms, JCI is a sell, and 6 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 1 analyst rate Johnson Controls International plc stock as buy, with 16 recommending it as overweight.
With a median target price of $73.00, the current consensus forecast for the stock is $67.00 – $86.00. Based on these forecasts, analysts predict Johnson Controls International plc (JCI) will achieve an average price target of $74.25.
