Johnson Controls International (JCI) Projected to Post Quarterly Earnings on Wednesday

Johnson Controls International (NYSE:JCI) will likely be releasing its earnings data before the market opens on Wednesday, February 5th. Analysts expect Johnson Controls International to post earnings of $0.59 per share and revenue of $5.32 billion for the quarter. Parties that wish to register for the company’s conference call can do so using this link.

Johnson Controls International Price Performance

Shares of JCI opened at $78.00 on Monday. Johnson Controls International has a fifty-two week low of $52.02 and a fifty-two week high of $87.16. The firm’s 50-day simple moving average is $80.97 and its two-hundred day simple moving average is $76.53. The stock has a market cap of $51.49 billion, a PE ratio of 30.71, a price-to-earnings-growth ratio of 2.19 and a beta of 1.32. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.79 and a current ratio of 0.94.

Johnson Controls International Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, January 17th. Investors of record on Monday, December 23rd were paid a $0.37 dividend. The ex-dividend date of this dividend was Monday, December 23rd. This represents a $1.48 annualized dividend and a dividend yield of 1.90%. Johnson Controls International’s payout ratio is currently 58.27%.

Insider Buying and Selling at Johnson Controls International

In other news, EVP Marlon Sullivan sold 7,230 shares of the business’s stock in a transaction on Wednesday, December 11th. The shares were sold at an average price of $83.35, for a total value of $602,620.50. Following the transaction, the executive vice president now owns 32,246 shares of the company’s stock, valued at approximately $2,687,704.10. The trade was a 18.31 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO George Oliver sold 110,616 shares of the business’s stock in a transaction dated Friday, November 15th. The stock was sold at an average price of $84.60, for a total value of $9,358,113.60. Following the completion of the sale, the chief executive officer now owns 1,244,617 shares in the company, valued at $105,294,598.20. This represents a 8.16 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 647,787 shares of company stock valued at $53,972,452. Insiders own 0.54% of the company’s stock.

Analyst Ratings Changes

JCI has been the topic of several analyst reports. StockNews.com downgraded Johnson Controls International from a “buy” rating to a “hold” rating in a report on Wednesday, November 20th. Oppenheimer increased their price objective on shares of Johnson Controls International from $86.00 to $87.00 and gave the company an “outperform” rating in a research report on Thursday, November 7th. Mizuho upped their target price on shares of Johnson Controls International from $62.00 to $75.00 and gave the stock a “neutral” rating in a research note on Thursday, October 17th. Barclays raised their price target on shares of Johnson Controls International from $75.00 to $83.00 and gave the company an “equal weight” rating in a research report on Thursday, December 5th. Finally, UBS Group began coverage on Johnson Controls International in a research report on Wednesday, November 13th. They issued a “neutral” rating and a $90.00 price objective on the stock. Nine research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $87.20.

About Johnson Controls International

Johnson Controls International plc, together with its subsidiaries, engages in engineering, manufacturing, commissioning, and retrofitting building products and systems in the United States, Europe, the Asia Pacific, and internationally. It operates in four segments: Building Solutions North America, Building Solutions EMEA/LA, Building Solutions Asia Pacific, and Global Products.