Zacks Investment Research upgraded shares of Johnson Controls International PLC from a "sell" rating to a "hold" rating in a research note on Tuesday, April 11th. Below is a brief commentary on my key takeaways on how market analysts perceive Johnson Controls International's earnings growth outlook over the next few years and whether the future looks even brighter than the past. Cowen reaffirmed a "buy" rating and issued a $48.00 target price on shares of Johnson Controls International plc Ordinary Share in a report on Thursday, November 9th. They issued an "outperform" rating and a $54.00 target price for the company.
In September 2017, Johnson Controls International plc (NYSE:JCI) released its latest earnings announcement, which revealed that the company experienced a significant tailwind, more than doubling its earnings from the prior year. Two research analysts have rated the stock with a sell rating, nine have assigned a hold rating, thirteen have assigned a buy rating and one has given a strong buy rating to the company.
Here's what's interesting to note about Nabors Industries Ltd. (NYSE:NBR) right now: Its price-to-sales ratio of 1.07, is cheap relative to the Oil & Gas Drilling & Exploration universe at large. Overall, the share price is up 18.89% so far this year. Following the transaction, the chief executive officer now directly owns 1,296,407 shares of the company's stock, valued at $54,397,237.72. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Company insiders own 0.48% of the company's stock.
In other news, CEO George Oliver bought 27,300 shares of the firm's stock in a transaction that occurred on Friday, November 24th. This showed a surprise of 0% in the last quarter earnings. According to their predictions high & low revenue estimates are 7.34 Billion and 6.94 Billion respectively. Johnson Controls International plc Ordinary Share earned a daily sentiment score of 0.15 on Accern's scale. Trading volume for Johnson Controls International plc was 7.44 Million in its previous trading session. Johnson Controls International plc Ordinary Share's dividend payout ratio is now 60.82%. Quadrant Capital Group LLC boosted its position in shares of Johnson Controls International PLC by 1.0% in the first quarter. Finally, Banced Corp boosted its position in shares of Johnson Controls International PLC by 0.7% in the second quarter. Following the transaction, the vice president now owns 286,842 shares of the company's stock, valued at approximately $10,326,312.
Johnson Controls International PLC (NYSE:JCI) opened at 39.46 on Monday.
Johnson Controls International plc (NYSE:JCI) touched its 1-Year High price of $44.70 on 01/27/17 and its 1-Year Low price of $34.51 on 11/15/17. The stock is now moving above its 20-Day Simple Moving Average of 4.19% with a 50-Day Simple Moving Average of 6.76 percent. The firm's market cap is $36.79 billion. Johnson Controls International PLC had a negative net margin of 0.43% and a positive return on equity of 11.74%. The firm had revenue of $7.67 billion during the quarter, compared to analyst estimates of $7.72 billion. In the past 13-year record, this ratio went down as low as 0.43 and as high as 2.74.
The firm also recently declared a quarterly dividend, which was paid on Friday, January 12th. This represents a $1.04 annualized dividend and a dividend yield of 2.55%. The ex-dividend date of this dividend was Monday, June 26th. Johnson Controls International PLC's dividend payout ratio (DPR) is presently -196.08%.
Johnson Controls, Inc is a technology company. The Company provides products, services and solutions to optimize energy and operational efficiencies of buildings; lead-acid automotive batteries and advanced batteries for hybrid and electric vehicles, and seating and interior systems for automobiles. The Company operates in two segments: Building Efficiency and Power Solutions.