Johnson Controls International plc [JCI] stock Downgrade by RBC Capital Mkts analyst, price target now $66

Johnson Controls International plc [NYSE: JCI] closed the trading session at $63.83 on 05/18/21. The day’s price range saw the stock hit a low of $63.77, while the highest price level was $66.19. The company report on May 18, 2021 that Johnson Controls named to prestigious FT European Climate Leaders list.

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– Johnson Controls is one of only 300 companies selected from more than 4000.

– Company has reduced emissions intensity more than 70 percent since 2002, equivalent to carbon sequestered by 17,000 acres of forest.

The stocks have a year to date performance of 37.00 percent and weekly performance of -0.47 percent. The stock has been moved at 42.96 percent over the last six months. The stock has performed 2.42 percent around the most recent 30 days and changed 15.63 percent over the most recent 3-months.

If compared to the average trading volume of 4.55M shares, JCI reached to a volume of 5326838 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about Johnson Controls International plc [JCI]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for JCI shares is $68.07 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on JCI stock is a recommendation set at 2.30. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

RBC Capital Mkts have made an estimate for Johnson Controls International plc shares, keeping their opinion on the stock as Sector Perform, with their previous recommendation back on March 31, 2021. While these analysts kept the previous recommendation, Morgan Stanley raised their target price from $52 to $73. The new note on the price target was released on March 29, 2021, representing the official price target for Johnson Controls International plc stock. Previously, the target price had yet another raise to $52, while HSBC Securities analysts kept a Hold rating on JCI stock.

The Average True Range (ATR) for Johnson Controls International plc is set at 1.44, with the Price to Sales ratio for JCI stock in the period of the last 12 months amounting to 2.02. The Price to Book ratio for the last quarter was 2.59, with the Price to Cash per share for the same quarter was set at 2.68. Price to Free Cash Flow for JCI in the course of the last twelve months was 25.96 with Quick ratio for the last quarter at 0.90.

JCI stock trade performance evaluation

Johnson Controls International plc [JCI] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -0.47. With this latest performance, JCI shares gained by 2.42% in over the last four-week period, additionally plugging by 42.96% over the last 6 months – not to mention a rise of 116.15% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for JCI stock in for the last two-week period is set at 52.27, with the RSI for the last a single of trading hit 48.55, and the three-weeks RSI is set at 54.79 for Johnson Controls International plc [JCI]. The present Moving Average for the last 50 days of trading for this stock 61.98, while it was recorded at 64.53 for the last single week of trading, and 49.93 for the last 200 days.

Johnson Controls International plc [JCI]: An insightful look at the core fundamentals

Operating Margin for any stock indicates how profitable investing would be, and Johnson Controls International plc [JCI] shares currently have an operating margin of +7.86 and a Gross Margin at +33.23. Johnson Controls International plc’s Net Margin is presently recorded at +2.83.

Return on Total Capital for JCI is now 6.31, given the latest momentum, and Return on Invested Capital for the company is 2.41. Return on Equity for this stock inclined to 3.39, with Return on Assets sitting at 1.52. When it comes to the capital structure of this company, Johnson Controls International plc [JCI] has a Total Debt to Total Equity ratio set at 51.73. Additionally, JCI Total Debt to Total Capital is recorded at 34.10, with Total Debt to Total Assets ending up at 22.11. Long-Term Debt to Equity for the company is recorded at 48.15, with the Long-Term Debt to Total Capital now at 31.73.

Reflecting on the efficiency of the workforce at the company, Johnson Controls International plc [JCI] managed to generate an average of $6,505 per employee. Receivables Turnover for the company is 3.94 with a Total Asset Turnover recorded at a value of 0.54.Johnson Controls International plc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.90 and a Current Ratio set at 1.20.

Earnings per share (EPS) analysis for Johnson Controls International plc [JCI] stock

With the latest financial reports released by the company, Johnson Controls International plc posted 0.67/share EPS, while the average EPS was predicted by analysts to be reported at 0.48/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 39.60%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for JCI. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Johnson Controls International plc go to 17.35%.

Johnson Controls International plc [JCI]: Insider Ownership positions

There are presently around $40,886 million, or 92.80% of JCI stock, in the hands of institutional investors. The top three institutional holders of JCI stocks are: DODGE & COX with ownership of 72,593,832, which is approximately -11.108% of the company’s market cap and around 0.30% of the total institutional ownership; VANGUARD GROUP INC, holding 58,839,516 shares of the stock with an approximate value of $3.76 billion in JCI stocks shares; and BLACKROCK INC., currently with $3.51 billion in JCI stock with ownership of nearly 1.912% of the company’s market capitalization.

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Positions in Johnson Controls International plc stocks held by institutional investors increased at the end of April and at the time of the April reporting period, where 373 institutional holders increased their position in Johnson Controls International plc [NYSE:JCI] by around 64,077,896 shares. Additionally, 407 investors decreased positions by around 63,926,237 shares, while 152 investors held positions by with 512,533,298 shares. The mentioned changes placed institutional holdings at 640,537,431 shares, according to the latest SEC report filing. JCI stock had 127 new institutional investments in for a total of 6,252,748 shares, while 70 institutional investors sold positions of 6,142,265 shares during the same period.

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