Johnson Controls International plc (NYSE:JCI) Receives Consensus Rating of “Hold” from Brokerages

Johnson Controls International plc (NYSE:JCI) has been given a consensus recommendation of “Hold” by the fourteen analysts that are presently covering the company, MarketBeat.com reports. One analyst has rated the stock with a sell rating, eight have given a hold rating and five have issued a buy rating on the company. The average twelve-month price objective among brokers that have updated their coverage on the stock in the last year is $64.50.

Several brokerages have weighed in on JCI. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a $60.00 target price (down from $65.00) on shares of Johnson Controls International in a research note on Wednesday, January 31st. Oppenheimer lifted their price objective on shares of Johnson Controls International from $66.00 to $71.00 and gave the company an “outperform” rating in a research report on Thursday, April 18th. Melius Research restated a “hold” rating on shares of Johnson Controls International in a research report on Tuesday, January 30th. HSBC cut shares of Johnson Controls International from a “buy” rating to a “hold” rating and set a $60.00 target price for the company. in a research note on Wednesday, January 31st. Finally, Barclays lifted their price objective on Johnson Controls International from $59.00 to $61.00 and gave the company an “equal weight” rating in a report on Tuesday, April 2nd.

Johnson Controls International Stock Down 0.2 %

JCI stock opened at $64.45 on Friday. The company has a market cap of $43.92 billion, a price-to-earnings ratio of 20.99, a price-to-earnings-growth ratio of 1.64 and a beta of 1.24. The company has a fifty day moving average price of $62.63 and a 200 day moving average price of $56.78. The company has a debt-to-equity ratio of 0.45, a current ratio of 0.97 and a quick ratio of 0.73. Johnson Controls International has a 12 month low of $47.90 and a 12 month high of $70.43.

Johnson Controls International (NYSE:JCI) last posted its quarterly earnings data on Tuesday, January 30th. The company reported $0.51 EPS for the quarter, meeting analysts’ consensus estimates of $0.51. Johnson Controls International had a net margin of 7.85% and a return on equity of 13.08%. The company had revenue of $6.09 billion for the quarter, compared to analyst estimates of $6.94 billion. During the same period in the previous year, the business posted $0.67 earnings per share. Johnson Controls International’s quarterly revenue was up .4% on a year-over-year basis. Sell-side analysts expect that Johnson Controls International will post 3.61 earnings per share for the current year.

Johnson Controls International Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, April 19th. Shareholders of record on Monday, March 25th were given a dividend of $0.37 per share. The ex-dividend date was Friday, March 22nd. This represents a $1.48 dividend on an annualized basis and a yield of 2.30%. Johnson Controls International’s payout ratio is 48.21%.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. Turtle Creek Wealth Advisors LLC acquired a new stake in Johnson Controls International in the 4th quarter valued at about $25,000. Rise Advisors LLC acquired a new position in shares of Johnson Controls International during the 1st quarter valued at about $25,000. NBC Securities Inc. acquired a new position in Johnson Controls International during the third quarter worth approximately $26,000. EdgeRock Capital LLC purchased a new stake in Johnson Controls International during the fourth quarter valued at about $27,000. Finally, Hexagon Capital Partners LLC grew its holdings in shares of Johnson Controls International by 114.0% during the 4th quarter. Hexagon Capital Partners LLC now owns 503 shares of the company’s stock worth $29,000 after purchasing an additional 268 shares during the period. Hedge funds and other institutional investors own 90.05% of the company’s stock.

Johnson Controls International Company Profile

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.