In the latest trading session, 3.08 million Johnson Controls International plc (NYSE:JCI) shares changed hands as the company’s beta touched 1.36. With the company’s most recent per share price at $86.19 changing hands around $8.9 or 11.52% at last look, the market valuation stands at $56.90B. JCI’s current price is a discount, trading about -1.13% off its 52-week high of $87.16. The share price had its 52-week low at $52.79, which suggests the last value was 38.75% up since then. When we look at Johnson Controls International plc’s average trading volume, we note the 10-day average is 5.4 million shares, with the 3-month average coming to 3.76 million.
Analysts gave the Johnson Controls International plc (JCI) stock a consensus recommendation rating of Buy, calculated at a mean rating of 2.08. If we narrow down to specifics, the data shows that 0 out of 10 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 3 recommended JCI as a Hold, 7 felt it is a Buy and 0 rated the stock as Underweight. Johnson Controls International plc’s EPS for the current quarter is expected to be 0.74.
Johnson Controls International plc (NYSE:JCI) trade information
Instantly JCI is in green as seen in intraday trades today. With action 13.00%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 9.20%, with the 5-day performance at 13.00% in the green. However, in the 30-day time frame, Johnson Controls International plc (NYSE:JCI) is 7.85% up. Looking at the short shares, we see there were 8.79 million shares sold at short interest cover period of 2.97 days.
The consensus price target for the stock as assigned by Wall Street analysts is 85, meaning bulls need a downside of -1.4% from its recent market value. According to analyst projections, JCI’s forecast low is 69 with 92 as the target high. To hit the forecast high, the stock’s price needs a -6.74% plunge from its current level, while the stock would need to tank 19.94% for it to hit the projected low.
Johnson Controls International plc (JCI) estimates and forecasts
Data shows that the Johnson Controls International plc share is performing relatively much not better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot 31.17% over the past 6 months, a -7.01% in annual growth rate that is considerably lower than the industry average of -0.20%. Year-over-year growth is forecast to reach -15.33% down from the last financial year.
Consensus estimates given by 10 financial analysts project the company’s revenue in the current quarter to hit an average of 5.62B. 10 analysts are of the opinion that Johnson Controls International plc’s revenue for the current quarter will be 5.96B. The company’s revenue for the corresponding quarters a year ago was 6.7B and 7.23B respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -16.12%. The estimates for the next quarter sales put growth at -17.59%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 36.00%. The 2025 estimates are for Johnson Controls International plc earnings to decrease by -5.61%, but the outlook for the next 5-year period is at 8.16% per year.
JCI Dividends
Johnson Controls International plc is expected to release its next quarterly earnings report in March. The 1.72% annual yield figure for the share gives it an annual dividend of 1.48. It is important to note, however, that the 1.72% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision. During the past 5 years, the average dividend yield was 2.23 per year.
Johnson Controls International plc (NYSE:JCI)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 0.27% of Johnson Controls International plc shares while 91.97% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 92.22%. There are 91.97% institutions holding the Johnson Controls International plc stock share, with DODGE & COX the top institutional holder. As of 2024-06-30, the company held 12.5586% of the shares, roughly 85.27 million JCI shares worth $5.67 billion.
VANGUARD GROUP INC holds the second largest percentage of outstanding shares, with 10.0327% or 68.12 million shares worth $4.53 billion as of 2024-06-30.
Among Mutual Funds, the top two as of Sep 30, 2024 were Dodge & Cox Stock Fund and Vanguard Total Stock Market Index Fund. With 41.75 shares estimated at $3.61 billion under it, the former controlled 6.32% of total outstanding shares. On the other hand, Vanguard Total Stock Market Index Fund held about 3.21% of the shares, roughly 21.16 shares worth around $1.83 billion.
