Johnson Controls International plc (NYSE: JCI)’s stock price has gone rise by 1.53 in comparison to its previous close of 69.38, however, the company has experienced a 5.83% increase in its stock price over the last five trading days. fool.com reported 2024-08-08 that 3M’s new CEO is off to a strong start. Boeing’s problems run deep, but its new CEO has an excellent track record.
Is It Worth Investing in Johnson Controls International plc (NYSE: JCI) Right Now?
Johnson Controls International plc (NYSE: JCI) has a higher price-to-earnings ratio of 29.44x compared to its average ratio. JCI has 36-month beta value of 1.30. Analysts have mixed views on the stock, with 6 analysts rating it as a “buy,” 3 as “overweight,” 10 as “hold,” and 0 as “sell.”
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The public float for JCI is 664.73M, and currently, short sellers hold a 1.28% ratio of that float. The average trading volume of JCI on August 19, 2024 was 4.98M shares.
JCI’s Market Performance
The stock of Johnson Controls International plc (JCI) has seen a 5.83% increase in the past week, with a 2.16% rise in the past month, and a 2.06% gain in the past quarter. The volatility ratio for the week is 1.61%, and the volatility levels for the past 30 days are at 2.52% for JCI. The simple moving average for the past 20 days is 3.16% for JCI’s stock, with a 14.01% simple moving average for the past 200 days.
Analysts’ Opinion of JCI
Many brokerage firms have already submitted their reports for JCI stocks, with RBC Capital Mkts repeating the rating for JCI by listing it as a “Sector Perform.” The predicted price for JCI in the upcoming period, according to RBC Capital Mkts is $69 based on the research report published on August 14, 2024 of the current year 2024.
UBS, on the other hand, stated in their research note that they expect to see JCI reach a price target of $68, previously predicting the price at $74. The rating they have provided for JCI stocks is “Neutral” according to the report published on May 06th, 2024.
Mizuho gave a rating of “Neutral” to JCI, setting the target price at $62 in the report published on February 23rd of the current year.
JCI Trading at 2.80% 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 -6.53% of loss for the given period.
Volatility was left at 2.52%, however, over the last 30 days, the volatility rate increased by 1.61%, as shares sank -0.11% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +0.78% upper at present.
During the last 5 trading sessions, JCI rose by +5.35%, which changed the moving average for the period of 200-days by +43.04% in comparison to the 20-day moving average, which settled at $68.28. In addition, Johnson Controls International plc saw 22.20% 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 $65.60 back on Aug 05 ’24. After this action, Vandiepenbeeck Marc now owns 84,260 shares of Johnson Controls International plc, valued at $12,202 using the latest closing price.
MANNING NATHAN D, the COO, Global Field Ops of Johnson Controls International plc, sale 1,167 shares at $70.71 during a trade that took place back on Aug 01 ’24, which means that MANNING NATHAN D is holding 103,866 shares at $82,519 based on the most recent closing price.
Stock Fundamentals for JCI
Current profitability levels for the company are sitting at:
- 0.09 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 0.08. Equity return is now at value 10.04, with 3.77 for asset returns.
Based on Johnson Controls International plc (JCI), the company’s capital structure generated 0.4 points at debt to capital in total, while cash flow to debt ratio is standing at 0.18. The debt to equity ratio resting at 0.67. The interest coverage ratio of the stock is 9.97.
Currently, EBITDA for the company is 3.9 billion with net debt to EBITDA at 2.97. When we switch over and look at the enterprise to sales, we see a ratio of 2.15. The receivables turnover for the company is 4.04for 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 0.94.
Conclusion
To put it simply, Johnson Controls International plc (JCI) has had a better performance in recent times. Analysts have a bullish opinion on the stock, with some rating 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.
