Johnson Controls International plc (NYSE: JCI)’s stock price has plunge by -0.35relation to previous closing price of 77.44. Nevertheless, the company has seen a -0.66% plunge in its stock price over the last five trading sessions. zacks.com reported 2024-10-17 that Johnson Controls (JCI) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
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 32.25x, 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.”
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The public float for JCI is 665.56M and currently, short sellers hold a 1.58% of that float. On October 22, 2024, JCI’s average trading volume was 4.35M shares.
JCI’s Market Performance
The stock of Johnson Controls International plc (JCI) has seen a -0.66% decrease in the past week, with a 4.14% rise in the past month, and a 11.65% gain in the past quarter. The volatility ratio for the week is 1.29%, and the volatility levels for the past 30 days are at 1.43% for JCI. The simple moving average for the last 20 days is 0.62% for JCI stock, with a simple moving average of 16.35% for the last 200 days.
Analysts’ Opinion of JCI
Many brokerage firms have already submitted their reports for JCI stocks, with BofA Securities repeating the rating for JCI by listing it as a “Buy.” The predicted price for JCI in the upcoming period, according to BofA Securities is $80 based on the research report published on September 10, 2024 of the current year 2024.
Morgan Stanley, on the other hand, stated in their research note that they expect to see JCI reach a price target of $85. The rating they have provided for JCI stocks is “Overweight” according to the report published on September 06th, 2024.
RBC Capital Mkts gave a rating of “Sector Perform” to JCI, setting the target price at $69 in the report published on August 14th of the current year.
JCI Trading at 5.42% 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 -1.35% of loss for the given period.
Volatility was left at 1.43%, however, over the last 30 days, the volatility rate increased by 1.29%, as shares surge +2.52% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +14.07% upper at present.
During the last 5 trading sessions, JCI fell by -0.66%, which changed the moving average for the period of 200-days by +36.05% in comparison to the 20-day moving average, which settled at $76.70. In addition, Johnson Controls International plc saw 33.88% 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 $77.47 back on Oct 21 ’24. After this action, Vandiepenbeeck Marc now owns 83,330 shares of Johnson Controls International plc, valued at $14,409 using the latest closing price.
Oliver George, the Chairman & CEO of Johnson Controls International plc, sale 110,615 shares at $76.79 during a trade that took place back on Oct 15 ’24, which means that Oliver George is holding 1,243,751 shares at $8,493,742 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 7.06.
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 2.31. 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 wrap up, the performance of Johnson Controls International plc (JCI) has been better in recent times. The stock has received a bullish of “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
