The stock price of Johnson Controls International plc (NYSE: JCI) has dropped by -1.36 compared to previous close of 65.29. Despite this, the company has seen a fall of -0.69% in its stock price over the last five trading days. The Motley Fool reported 2024-04-09 that Johnson Controls investors are hopeful about a potential sale of noncore assets. The company is an interesting way to play the theme of helping building owners meet their net zero carbon emissions goals.
Is It Worth Investing in Johnson Controls International plc (NYSE: JCI) Right Now?
Johnson Controls International plc (NYSE: JCI) has a price-to-earnings ratio that is above its average at 20.96x. The stock has a 36-month beta value of 1.25. Opinions on the stock are mixed, with 6 analysts rating it as a “buy,” 3 as “overweight,” 10 as “hold,” and 0 as “sell.”
The public float for JCI is 675.78M, and at present, short sellers hold a 1.70% of that float. On April 16, 2024, the average trading volume of JCI was 5.78M shares.
JCI’s Market Performance
JCI stock saw an increase of -0.69% in the past week, with a monthly gain of 2.08% and a quarterly increase of 14.31%. The volatility ratio for the week is 2.10%, and the volatility levels for the last 30 days are 1.53% for Johnson Controls International plc (JCI). The simple moving average for the last 20 days is -0.37% for JCI’s stock, with a simple moving average of 11.02% for the last 200 days.
Analysts’ Opinion of JCI
Many brokerage firms have already submitted their reports for JCI stocks, with Mizuho repeating the rating for JCI by listing it as a “Neutral.” The predicted price for JCI in the upcoming period, according to Mizuho is $62 based on the research report published on February 23, 2024 of the current year 2024.
HSBC Securities gave a rating of “Hold” to JCI, setting the target price at $60 in the report published on January 31st of the current year.
JCI Trading at 6.08% from the 50-Day Moving Average
After a stumble in the market that brought JCI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -8.56% of loss for the given period.
Volatility was left at 1.53%, however, over the last 30 days, the volatility rate increased by 2.10%, as shares surge +1.91% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +19.19% upper at present.
During the last 5 trading sessions, JCI fell by -0.69%, which changed the moving average for the period of 200-days by -3.59% in comparison to the 20-day moving average, which settled at $64.70. In addition, Johnson Controls International plc saw 11.73% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at JCI starting from Vandiepenbeeck Marc, who sale 186 shares at the price of $65.50 back on Apr 03 ’24. After this action, Vandiepenbeeck Marc now owns 44,501 shares of Johnson Controls International plc, valued at $12,183 using the latest closing price.
Vandiepenbeeck Marc, the EVP and CFO of Johnson Controls International plc, sale 186 shares at $63.87 during a trade that took place back on Mar 20 ’24, which means that Vandiepenbeeck Marc is holding 44,687 shares at $11,880 based on the most recent closing price.
Stock Fundamentals for JCI
Current profitability levels for the company are sitting at:
- 0.1 for the present operating margin
- 0.33 for the gross margin
The net margin for Johnson Controls International plc stands at 0.08. The total capital return value is set at 0.08. Equity return is now at value 12.86, with 4.85 for asset returns.
Based on Johnson Controls International plc (JCI), the company’s capital structure generated 0.39 points at debt to capital in total, while cash flow to debt ratio is standing at 0.21. The debt to equity ratio resting at 0.64. The interest coverage ratio of the stock is 8.42.
Currently, EBITDA for the company is 3.9 billion with net debt to EBITDA at 2.28. When we switch over and look at the enterprise to sales, we see a ratio of 1.96. The receivables turnover for the company is 4.44for trailing twelve months and the total asset turnover is 0.61. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.96.
Conclusion
To sum up, Johnson Controls International plc (JCI) has seen a better performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
