Johnson Controls International plc (NYSE:JCI) traded at $65.35 at last check on Tuesday, April 30, made an upward move of 0.06% on its previous day’s price.
Looking at the stock we see that its previous close was $65.31. The company has a trailing 12-month PE ratio of 21.27. In terms of its 52-week price range, JCI has a high of $70.43 and a low of $47.90. The company’s stock has gained about 0.34% over that past 30 days.
Johnson Controls International plc has a market cap of $44.53 billion. With its Forward Dividend at 1.48 and a yield of 2.26%, the company’s investors could be anxious for the JCI stock to gain ahead of the earnings release. Estimates by analysts give the company expected earnings per share (EPS) of $0.75, with the EPS growth for the year raised at $3.6 for 2024 and $4.11 for next year. These figures represent 2.90% and 14.20% growth in EPS for the two years respectively.
Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at $6.72 billion, with a low of $6.64 billion and a high of $6.79 billion. According to analyst consensus estimates figures, the company’s yearly revenue forecast for 2024 is expected to hit $27.81 billion, or 3.80% up from figures reported last year.
On the other hand, looking at the outlook for the JCI stock, short term indicators assign the stock an average of 100% Buy, while medium term indicators assign it an average of 100% Buy. Long term indicators on average place the stock in the category of 100% Buy.
Looking further, we note that the PEG ratio for the JCI stock currently stands at 1.83, and the most recent price level today is 0.85% off its SMA20 and 4.07% from its 50-day simple moving average. The RSI (14) is pointing at 60.33 while the volatility over the past week is 1.50% and jumps to 1.76% over the past one month. The beta value is 1.25, while the average true range (ATR) is currently pointing at 1.06.
Coming back to Johnson Controls International plc (NYSE:JCI), we note that the average 3-month trading volume was 5.33 million. Current shares outstanding are 680.37 million.
The insiders hold 0.84% of the company’s shares while institutions hold 92.24%. Investors should be excited about this stock as its upside potential is great, with today’s price pushing the stock 13.38% up in year-to-date price movement.
