Market Insight: Johnson Controls International plc (JCI)’s Notable Drop, Closing at 69.12

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In the latest session, Johnson Controls International plc (NYSE: JCI) closed at $69.12 down -1.54% from its previous closing price of $70.20. In other words, the price has decreased by -$1.54 from its previous closing price. On the day, 7.07 million shares were traded. JCI stock price reached its highest trading level at $69.98 during the session, while it also had its lowest trading level at $68.21.

Ratios:

For a deeper understanding of Johnson Controls International plc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 54.33 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 37.40. For the most recent quarter (mrq), Quick Ratio is recorded 0.64 and its Current Ratio is at 0.86. In the meantime, Its Debt-to-Equity ratio is 0.77 whereas as Long-Term Debt/Eq ratio is at 0.54.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, UBS on May 06, 2024, Downgraded its rating to Neutral and sets its target price to $68 from $74 previously.

On February 23, 2024, Mizuho Downgraded its rating to Neutral which previously was Buy but kept the price unchanged to $62.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Jul 22 ’24 when Vandiepenbeeck Marc sold 186 shares for $69.64 per share. The transaction valued at 12,953 led to the insider holds 43,439 shares of the business.

Vandiepenbeeck Marc sold 186 shares of JCI for $12,304 on Jul 03 ’24. The EVP and CFO now owns 43,625 shares after completing the transaction at $66.15 per share. On Jul 01 ’24, another insider, MANNING NATHAN D, who serves as the COO, Global Field Ops of the company, sold 1,167 shares for $66.01 each. As a result, the insider received 77,029 and left with 104,556 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, JCI now has a Market Capitalization of 47292043264 and an Enterprise Value of 58983456768. As of this moment, Johnson’s Price-to-Earnings (P/E) ratio for their current fiscal year is 27.96, and their Forward P/E ratio for the next fiscal year is 17.09. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.42. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.74 while its Price-to-Book (P/B) ratio in mrq is 2.97. Its current Enterprise Value per Revenue stands at 2.198 whereas that against EBITDA is 19.907.

Stock Price History:

The Beta on a monthly basis for JCI is 1.30, which has changed by 0.0053818226 over the last 52 weeks, in comparison to a change of 0.21656322 over the same period for the S&P500. Over the past 52 weeks, JCI has reached a high of $74.23, while it has fallen to a 52-week low of $47.90. The 50-Day Moving Average of the stock is -0.30%, while the 200-Day Moving Average is calculated to be 14.96%.

Shares Statistics:

For the past three months, JCI has traded an average of 4.97M shares per day and 3551030 over the past ten days. A total of 680.37M shares are outstanding, with a floating share count of 671.27M. Insiders hold about 0.36% of the company’s shares, while institutions hold 93.62% stake in the company. Shares short for JCI as of 1719532800 were 10150601 with a Short Ratio of 2.04, compared to 1717113600 on 15183946. Therefore, it implies a Short% of Shares Outstanding of 10150601 and a Short% of Float of 1.6900001000000002.

Dividends & Splits

According to the company, the forward annual dividend rate for JCI is 1.48, from 1.48 in the trailing year. Against a Trailing Annual Dividend Yield of 0.021082623The stock’s 5-year Average Dividend Yield is 2.29. The current Payout Ratio is 53.91% for JCI, which recently paid a dividend on 2024-06-24 with an ex-dividend date of 1719187200. Stock splits for the company last occurred on 2016-09-06 when the company split stock in a 955:1000 ratio.

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