In the past week, JCI stock has gone down by -4.19%, with a monthly decline of -3.12% and a quarterly surge of 14.56%. The volatility ratio for the week is 2.42%, and the volatility levels for the last 30 days are 1.94% for Johnson Controls International plc The simple moving average for the last 20 days is -3.05% for JCI’s stock, with a simple moving average of 8.07% for the last 200 days.
Is It Worth Investing in Johnson Controls International plc (NYSE: JCI) Right Now?
The price-to-earnings ratio for Johnson Controls International plc (NYSE: JCI) is 25.23x, which is above its average ratio. Moreover, the 36-month beta value for JCI is 1.30. Analysts have varying opinions on the stock, with 6 analysts rating it as a “buy,” 3 as “overweight,” 10 as “hold,” and 0 as “sell.”
The public float for JCI is 670.18M and currently, short sellers hold a 1.71% of that float. On May 06, 2024, JCI’s average trading volume was 5.32M shares.
JCI) stock’s latest price update
Johnson Controls International plc (NYSE: JCI) has experienced a rise in its stock price by 2.68 compared to its previous closing price of 60.75. However, the company has seen a fall of -4.19% in its stock price over the last five trading days. Reuters reported 2024-05-03 that Johnson Controls International is considering the sale of its ADT alarms business as it offloads some non-core businesses, three people familiar with the matter told Reuters.
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 -1.13% 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 -11.43% of loss for the given period.
Volatility was left at 1.94%, however, over the last 30 days, the volatility rate increased by 2.42%, as shares sank -4.31% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +7.05% upper at present.
During the last 5 trading sessions, JCI fell by -4.19%, which changed the moving average for the period of 200-days by -10.21% in comparison to the 20-day moving average, which settled at $64.20. In addition, Johnson Controls International plc saw 8.22% 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 $61.25 back on May 03 ’24. After this action, Vandiepenbeeck Marc now owns 44,369 shares of Johnson Controls International plc, valued at $11,392 using the latest closing price.
Vandiepenbeeck Marc, the EVP and CFO of Johnson Controls International plc, sale 186 shares at $63.70 during a trade that took place back on Apr 22 ’24, which means that Vandiepenbeeck Marc is holding 44,315 shares at $11,848 based on the most recent closing price.
Stock Fundamentals for JCI
Current profitability levels for the company are sitting at:
- 0.07 for the present operating margin
- 0.33 for the gross margin
The net margin for Johnson Controls International plc stands at 0.06. The total capital return value is set at 0.06. Equity return is now at value 10.75, with 3.90 for asset returns.
Based on Johnson Controls International plc (JCI), the company’s capital structure generated 0.41 points at debt to capital in total, while cash flow to debt ratio is standing at 0.16. The debt to equity ratio resting at 0.68. The interest coverage ratio of the stock is 5.35.
Currently, EBITDA for the company is 3.9 billion with net debt to EBITDA at 3.11. When we switch over and look at the enterprise to sales, we see a ratio of 1.93. The receivables turnover for the company is 4.01for trailing twelve months and the total asset turnover is 0.62. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.86.
Conclusion
To wrap up, the performance of Johnson Controls International plc (JCI) has been mixed in recent times. The stock has received a bullish of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
