Equities analysts forecast that Johnson Controls International plc (NYSE:JCI – Get Rating) will post $6.80 billion in sales for the current fiscal quarter, according to Zacks Investment Research. Six analysts have provided estimates for Johnson Controls International’s earnings, with estimates ranging from $6.75 billion to $6.90 billion. Johnson Controls International reported sales of $6.34 billion in the same quarter last year, which indicates a positive year-over-year growth rate of 7.3%. The firm is expected to issue its next quarterly earnings report on Monday, January 1st.
According to Zacks, analysts expect that Johnson Controls International will report full year sales of $25.63 billion for the current year, with estimates ranging from $25.52 billion to $25.81 billion. For the next fiscal year, analysts expect that the company will post sales of $27.25 billion, with estimates ranging from $26.93 billion to $27.49 billion. Zacks’ sales averages are a mean average based on a survey of sell-side analysts that follow Johnson Controls International.
Johnson Controls International (NYSE:JCI – Get Rating) last released its quarterly earnings results on Wednesday, May 4th. The company reported $0.63 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.63. The business had revenue of $6.10 billion during the quarter, compared to analysts’ expectations of $6.16 billion. Johnson Controls International had a return on equity of 11.10% and a net margin of 5.00%. The company’s revenue was up 9.0% compared to the same quarter last year. During the same period in the prior year, the business posted $0.52 EPS.
Hedge funds have recently bought and sold shares of the business. RFG Advisory LLC raised its position in shares of Johnson Controls International by 3.2% during the 4th quarter. RFG Advisory LLC now owns 9,266 shares of the company’s stock worth $753,000 after acquiring an additional 285 shares in the last quarter. Fifth Third Bancorp raised its position in shares of Johnson Controls International by 12.4% during the 4th quarter. Fifth Third Bancorp now owns 17,510 shares of the company’s stock worth $1,424,000 after acquiring an additional 1,938 shares in the last quarter. Yousif Capital Management LLC acquired a new stake in shares of Johnson Controls International during the 4th quarter worth about $9,479,000. Profund Advisors LLC raised its position in shares of Johnson Controls International by 6.3% during the 4th quarter. Profund Advisors LLC now owns 10,258 shares of the company’s stock worth $834,000 after acquiring an additional 609 shares in the last quarter. Finally, Xponance Inc. raised its position in shares of Johnson Controls International by 30.8% during the 4th quarter. Xponance Inc. now owns 47,292 shares of the company’s stock worth $3,845,000 after acquiring an additional 11,137 shares in the last quarter. 88.54% of the stock is currently owned by institutional investors.
NYSE JCI opened at $54.51 on Wednesday. The stock has a market cap of $37.92 billion, a PE ratio of 31.33, a P/E/G ratio of 1.22 and a beta of 1.14. The company has a current ratio of 1.00, a quick ratio of 0.78 and a debt-to-equity ratio of 0.42. Johnson Controls International has a twelve month low of $49.42 and a twelve month high of $81.77. The stock has a fifty day simple moving average of $59.36 and a 200-day simple moving average of $68.06.
The business also recently declared a quarterly dividend, which was paid on Thursday, April 14th. Shareholders of record on Monday, March 21st were given a $0.35 dividend. The ex-dividend date of this dividend was Friday, March 18th. This represents a $1.40 dividend on an annualized basis and a yield of 2.57%. This is a positive change from Johnson Controls International’s previous quarterly dividend of $0.34. Johnson Controls International’s dividend payout ratio (DPR) is currently 80.46%.
Johnson Controls International Company Profile (Get Rating)
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.
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