Johnson Controls International (JCI) Scheduled to Post Earnings on Wednesday

Johnson Controls International (NYSE:JCI) will be releasing its earnings data before the market opens on Wednesday, November 6th. Analysts expect Johnson Controls International to post earnings of $1.25 per share for the quarter. Parties that are interested in participating in the company’s conference call can do so using this link.

Johnson Controls International (NYSE:JCI) last posted its quarterly earnings data on Wednesday, July 31st. The company reported $1.14 EPS for the quarter, topping analysts’ consensus estimates of $1.08 by $0.06. The firm had revenue of $7.23 billion for the quarter, compared to analyst estimates of $7.53 billion. Johnson Controls International had a return on equity of 13.64% and a net margin of 6.02%. The company’s revenue was up 1.4% on a year-over-year basis. During the same quarter last year, the company earned $1.03 EPS. On average, analysts expect Johnson Controls International to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Johnson Controls International Stock Performance

NYSE:JCI opened at $77.10 on Wednesday. The company has a market cap of $51.50 billion, a price-to-earnings ratio of 32.26, a PEG ratio of 2.20 and a beta of 1.29. Johnson Controls International has a fifty-two week low of $48.13 and a fifty-two week high of $78.23. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.73 and a current ratio of 0.96. The stock has a fifty day moving average price of $74.23 and a 200-day moving average price of $70.24.

Johnson Controls International Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, October 18th. Investors of record on Wednesday, September 25th were given a dividend of $0.37 per share. The ex-dividend date of this dividend was Wednesday, September 25th. This represents a $1.48 annualized dividend and a yield of 1.92%. Johnson Controls International’s dividend payout ratio is 61.92%.

Insider Activity

In other Johnson Controls International news, COO Nathan D. Manning sold 1,167 shares of the business’s stock in a transaction that occurred on Tuesday, September 3rd. The shares were sold at an average price of $72.75, for a total transaction of $84,899.25. Following the sale, the chief operating officer now directly owns 143,488 shares of the company’s stock, valued at $10,438,752. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. In other Johnson Controls International news, COO Nathan D. Manning sold 1,167 shares of Johnson Controls International stock in a transaction dated Tuesday, September 3rd. The stock was sold at an average price of $72.75, for a total transaction of $84,899.25. Following the transaction, the chief operating officer now directly owns 143,488 shares of the company’s stock, valued at approximately $10,438,752. The trade was a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO George Oliver sold 110,615 shares of the stock in a transaction dated Monday, September 16th. The shares were sold at an average price of $72.67, for a total value of $8,038,392.05. Following the completion of the sale, the chief executive officer now directly owns 1,243,751 shares of the company’s stock, valued at approximately $90,383,385.17. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 227,494 shares of company stock valued at $16,999,239 over the last quarter. 0.69% of the stock is owned by company insiders.

Analysts Set New Price Targets

Several brokerages have recently commented on JCI. Robert W. Baird boosted their target price on shares of Johnson Controls International from $72.00 to $78.00 and gave the company a “neutral” rating in a research report on Thursday, August 1st. Wells Fargo & Company boosted their price objective on shares of Johnson Controls International from $80.00 to $84.00 and gave the company an “overweight” rating in a research report on Monday, October 7th. Mizuho upped their target price on Johnson Controls International from $62.00 to $75.00 and gave the stock a “neutral” rating in a research note on Thursday, October 17th. Royal Bank of Canada upgraded Johnson Controls International from an “underperform” rating to a “sector perform” rating and lifted their price target for the company from $61.00 to $69.00 in a research note on Wednesday, August 14th. Finally, Bank of America upped their price objective on Johnson Controls International from $80.00 to $95.00 and gave the stock a “buy” rating in a research report on Friday, September 27th. Twelve investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $73.43.

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.