Jefferies raised the price target for the Johnson Controls International plc (NYSE:JCI) stock to “a Buy”. The rating was released on July 08, 2021. We previously noted in another research note published on June 08, 2021 by JP Morgan that upgraded the stock from a Neutral to an Overweight with a price target of $75 for JCI stock. The research report from Barclays has upgraded the stock from Equal Weight to Overweight, with a price target set at $75. The stock was downgraded by RBC Capital Mkts, who disclosed in a research note on March 31, 2021, from Outperform to Sector Perform and set the price objective to $66. In their research brief published March 29, 2021, Morgan Stanley analysts upgraded the Johnson Controls International plc stock from Equal-Weight to Overweight with a price target of $73.
The latest trade, Performances and Moving Averages give us the following Picture
The share price of Johnson Controls International plc (NYSE:JCI) dipped -0.89% to close Thursday’s market session at $68.91, lower as compared to yesterday’s close. The stock price fluctuated between $68.00 and $69.22 throughout the trading session with the volume trading being 5094332 shares, which represented a significant variation when compared to the three months average volume of 4.30 million shares. The firm’s stock price fluctuated 0.41% within the last five trades and 2.48% within the last 30 trades, which was a significant change from the beginning of this year. Despite the fact that the share price increased 38.51% in the last 6 months and 14.00% was added to its value over the previous 3 months. JCI stock is trading at a margin of 2.41%, 4.61% and 26.86% 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 -1.13 percent below its 52-week high and 106.87 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 97.18. 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 7.50 percent and the profit margin is 4.70 percent, and the company has reported a gross margin of 33.60 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 $49.27 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 53.88. 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 21.58. 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 2.22 that mirrors the cost to be found for sales by the market. The firm managed a Price-to-Book ratio of 2.79, 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, 0.20 percent of Johnson Controls International plc shares are owned by insiders, and 92.10 percent are held by financial institutions. Oliver George, the Chairman & CEO at Johnson Controls International plc (JCI) has sold 176,754 shares of firm on Jul 06 at a price of $68.17 against the total amount of $12.05 million. In another inside trade, MINELLA LYNN C, Vice President, CHRO of Johnson Controls International plc (NYSE:JCI) sold 75,325 shares of the firm on Jun 07 for a total worth of $5.0 million at a price of $66.44. An inside trade which took place on Jun 03, Exec VP & General Counsel of Johnson Controls International plc Donofrio John sold 40,000 shares of firm against total price of $2.63 million at the cost of $65.83 per share.