RBC Capital Mkts lowered the price target for the Johnson Controls International plc (NYSE:JCI) stock from “an Outperform” to “a Sector perform”. The rating was released on March 31, 2021. We previously noted in another research note published on March 29, 2021 by Morgan Stanley that upgraded the stock from an Equal-weight to an Overweight with a price target of $73 for JCI stock. The research report from HSBC Securities has downgraded the stock from Buy to Hold, with a price target set at $52. In their research brief published December 14, 2020, Citigroup analysts downgraded the Johnson Controls International plc stock from Buy to Neutral with a price target of $51.
Historical Earnings Surprises and Revenue Forecasts
Profit is the most critical financial performance measure. Every investor in a business is looking forward to the earnings report as stock price to increase when earnings exceed market expectations and progressively decrease when earnings do not meet expectations. The firm reported an earnings per share (EPS) of $0.43 during the last quarter as opposed to a consensus estimate of $0.4, which indicates the company beat its estimate by $0.03, which implies that the company surprised the market by 7.50%. It appears that the average earnings per share estimate for the current quarter (ending in Mar 2021) is $0.49. This is an average of 17 analysts’ earnings, where the high earnings per share estimate is $0.51 and the low earnings per share estimate is $0.46. According to 15 analyst estimates, an average revenue estimate of $5.6B is projected for the current quarter with a high revenue estimate of $5.69B and a low estimate of $5.45B.
The latest trade, Performances and Moving Averages give us the following Picture
The share price of Johnson Controls International plc (NYSE:JCI) dipped -0.47% to close Wednesday’s market session at $63.10, lower as compared to yesterday’s close. The stock price fluctuated between $62.97 and $64.085 throughout the trading session with the volume trading being 4802023 shares, which represented a significant variation when compared to the three months average volume of 4.31 million shares. The firm’s stock price fluctuated 1.97% within the last five trades and 4.35% within the last 30 trades, which was a significant change from the beginning of this year. Despite the fact that the share price increased 46.88% in the last 6 months and 30.37% was added to its value over the previous 3 months. JCI stock is trading at a margin of 2.53%, 5.74% and 31.82% apart from the 20-Day, 50-Day and 200-Day Simple Moving Average prices.
As of the close of trading, JCI deals in the Industrials domain. The stock is trading -1.10 percent below its 52-week high and 140.61 percent above its 52-week low. For example, looking both at the price and the high and low measurements of 52 weeks will give you a clearer picture of the direction the price is heading. The firm’s Weighted Alpha is 119.89. A positive weighted alpha indicates the firm has done well over the course of the year, whereas one below 0 indicates that the firm has done poorly.
What Does Johnson Controls International plc’s Profitability and Valuation Ratios Tell Us About the Stock?
With regard to the profitability of the company, the operating margin is currently at 6.00 percent and the profit margin is 4.20 percent, and the company has reported a gross margin of 33.20 percent. The profit margin, also known as the revenue ratio or gross profit ratio, is an efficiency figure used to estimate the business’s profitability by comparing net income and sales. The higher the number, the more profits are generated for the company and vice versa.
The stock’s market cap achieved a total value of $45.01 billion as of the last trading session. Market capitalization is the total value of all outstanding shares of a corporation and it is used to measure a company’s market value. The price-to-earnings ratio for Johnson Controls International plc (NYSE:JCI) is 58.16. The price-to-earnings ratio is a method of assessing corporate values by comparing them to their per-share profit. Forward P/E stands at 20.75. Forward price-to-earnings is calculated using predicted earnings for the next financial year’s P/E determination. The stock has achieved an effective Price-to-Sales Ratio of 2.04 that mirrors the cost to be found for sales by the market. The firm managed a Price-to-Book ratio of 2.58, which equates the market value of a stock with its book value.
Is Insider Trading a Real Thing?
Almost all investors and traders prefer to invest in shares controlled by the management of a corporation as a management company will be more likely to run the business itself and to never conduct things against the management’s desires and will always try to do what is best for their shareholders. Currently, 0.30 percent of Johnson Controls International plc shares are owned by insiders, and 92.60 percent are held by financial institutions. VanHimbergen Robert M, the VP Corporate Controller at Johnson Controls International plc (JCI) has sold 4,265 shares of firm on Mar 08 at a price of $60.06 against the total amount of $0.26 million. In another inside trade, RAMASWAMY SREEGANESH, VP & Pres, Global Services of Johnson Controls International plc (NYSE:JCI) sold 1,943 shares of the firm on Mar 08 for a total worth of $0.12 million at a price of $60.00. An inside trade which took place on Mar 03, VP Corporate Controller of Johnson Controls International plc VanHimbergen Robert M sold 13,500 shares of firm against total price of $0.78 million at the cost of $57.67 per share.
How Johnson Controls International plc (JCI) Stock Is Sustainable?
To Conclude, the score of Environmental, Social and Governance (ESG) has been traditionally used by investors to measure the actions of corporations and to make their future financial predictions. According to the ESG rating scale, there are five hazard levels in the scale: marginal, weak, moderate, high, and extreme. The next generation ESG score is a scale from 0 to 100 where 100 represents the most extreme situation. The score was designed to assist investors at safety and investment level in identifying and recognizing financially relevant ESG threats. A current assessment of the Johnson Controls International plc’s sustainability factors indicates that it scores at 14 or 14th percentile overall, with an Environment Score of 9 or 9 percentile, a Social Score of 3 or 3 percentile, and a Governance Score of 6 or 6 percentile.