Johnson Controls International plc (NYSE:JCI) finished Thursday with a subtraction of -$1.35 to close at $53.19, a downside of -2.48 percent. An average of 4,550,800 shares of common stock have been traded in the last five days. There was a fall of -$2.03 in the past week, and it reached a new high 29 times over the past 12 months. The last 20 days have seen an average of 4,422,430 shares traded, while the 50-day average volume stands at 4,205,082.
JCI stock has decreased by -9.79% in the last month. The company shares reached their 1-month lowest point of $51.46 on 09/28/23. With the stock rallying to its 52-week high on 08/01/23, shares of the company touched a low of $49.14 and a high of $70.43 in 52 weeks. It has reached a new high 13 times so far this year and lost -16.89% or -$10.81 in price. In spite of this, the price is down -24.48% from the 52-week high.
Insider Transactions
JCI stock investors should be aware that Johnson Controls International plc (JCI) stock had its last reported insider trading activity 37 days ago on Aug 23. In this transaction, the insider spent $6,120,354. COO, Global Field Ops, MANNING NATHAN D, disposed of 35,478 shares at a price of $63.01 on May 18. The insider now owns more than $2,235,437 worth of shares. Prior to that, Exec VP & General Counsel Donofrio John went on to Sale 14,253 shares at $63.02 each on May 09. An amount of $898,247 was transacted.
Valuation Metrics
Johnson Controls International plc (JCI) has a trailing price-to-earnings (P/E) ratio of 17.77. The stock’s beta is 1.27. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 1.36, the price-to-book (PB) ratio at 2.22, and the price-to-cash flow ratio at 24.42.
The company has a payout ratio of 63.48%. The company’s most recent quarterly dividend payment was $0.37 a share, without any change from last year. Its latest increase dividend $0.01 reported on Wednesday June 7 2023.
Financial Health
The quick ratio of Johnson Controls International plc for the three months ended June 29 was 0.79, and the current ratio was 1.06, indicating that the company is not able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.59 and a total debt to equity ratio of 0.69 for the quarter ending June 29. Johnson Controls International plc’s EBITDA margin for the year ending June 29 is 12.67%, while its operating margin for the same period stands at 10.66%. Its gross profit as reported stood at $8.34 billion compared to revenue of $25.3 billion.
Earnings Surprise
For the three-month period that ended June 29, Johnson Controls International plc had $7.83 billion in total debt. In the quarter under review, the net income was up than the previous quarter. The company posted a net income of $133.0 million in the quarter, while revenues were grew 91.73%. The analyst consensus anticipated Johnson Controls International plc’s latest quarter earnings to come in at $1.03 per share, but it turned out to be $1.03, a 0.00% surprise. For the quarter, EBITDA amounted to $1.01 billion. Shareholders own equity worth $680.32 million.
Technical Picture
From a technical analysis perspective, let’s take a brief look at Johnson Controls International plc (JCI) price momentum. RSI 9-day as of the close on 28 September was 16.45%, suggesting the stock is oversold, with historical volatility in this time frame at 16.94%.
As of today, JCI’s price is $54.43 -3.68% or -$2.03 from its 5-day moving average. JCI is currently trading -9.89% lower than its 20-day SMA and -14.33% lower than its 100-day SMA. However, the stock’s current price level is -23.43% below the SMA50 and -19.13% below the SMA200.
The stochastic %K and %D were 12.19% and 9.80%, respectively, and the average true range (ATR) was 1.33. With the 14-day stochastic at 25.98% and the average true range at 1.27, the RSI (14) stands at 20.04%. The stock has reached -1.44 on the 9-day MACD Oscillator while the 14-day reading was at -2.07.
Analyst Ratings
HSBC Securities upgraded Johnson Controls International plc (NYSE: JCI) to a a Buy rating in its most recent analyst report. Previously, the stock was rated as a Hold.
