Johnson Controls International plc [NYSE: JCI] gained 4.22% or 1.97 points to close at $48.66 with a heavy trading volume of 3805404 shares. The company report on July 18, 2022 that Solid Power Appoints Seasoned Automotive Industry Executive MaryAnn Wright to Board of Directors.
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– Wright brings to the Solid Power board extensive experience in automotive industry as well as public company, leadership and energy storage expertise.
Solid Power, Inc. (“Solid Power”) (Nasdaq: SLDP), an industry-leading developer of all-solid-state battery cells for electric vehicles, today announced its board of directors appointed MaryAnn Wright to the board, effective July 18, 2022, bringing the total number of board members to nine.
It opened the trading session at $47.29, the shares rose to $48.76 and dropped to $47.29, the range by which the price of stock traded the whole day. The daily chart for JCI points out that the company has recorded -36.44% loss over the past six months. However, it is still -6.9% lower than its most recent low trading price.
If we look at the average trading volume of 5.07M shares, JCI reached to a volume of 3805404 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Johnson Controls International plc [JCI]:
BofA Securities have made an estimate for Johnson Controls International plc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on May 02, 2022. While these analysts kept the previous recommendation, Deutsche Bank dropped their target price from $80 to $79. The new note on the price target was released on March 24, 2022, representing the official price target for Johnson Controls International plc stock. Previously, the target price had yet another raise to $93, while Mizuho analysts kept a Buy rating on JCI stock. On November 08, 2021, analysts increased their price target for JCI shares from 82 to 83.
The Average True Range (ATR) for Johnson Controls International plc is set at 1.50, with the Price to Sales ratio for JCI stock in the period of the last 12 months amounting to 1.35. The Price to Book ratio for the last quarter was 2.06, with the Price to Cash per share for the same quarter was set at 2.60. Price to Free Cash Flow for JCI in the course of the last twelve months was 131.54 with Quick ratio for the last quarter at 0.80.
Trading performance analysis for JCI stock
Johnson Controls International plc [JCI] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 3.44. With this latest performance, JCI shares gained by 2.72% in over the last four-week period, additionally sinking by -36.44% over the last 6 months – not to mention a drop of -28.47% 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 49.37, with the RSI for the last a single of trading hit 57.77, and the three-weeks RSI is set at 44.82 for Johnson Controls International plc [JCI]. The present Moving Average for the last 50 days of trading for this stock 50.39, while it was recorded at 47.17 for the last single week of trading, and 65.65 for the last 200 days.
Johnson Controls International plc [JCI]: A deeper dive into fundamental analysis
Operating Margin for any stock indicates how profitable investing would be, and Johnson Controls International plc [JCI] shares currently have an operating margin of +11.69 and a Gross Margin at +34.02. Johnson Controls International plc’s Net Margin is presently recorded at +6.39.
Return on Total Capital for JCI is now 9.98, given the latest momentum, and Return on Invested Capital for the company is 5.82. Return on Equity for this stock inclined to 8.64, with Return on Assets sitting at 3.66. 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 51.90. Additionally, JCI Total Debt to Total Capital is recorded at 34.17, with Total Debt to Total Assets ending up at 21.76. Long-Term Debt to Equity for the company is recorded at 48.75, with the Long-Term Debt to Total Capital now at 32.09.
Reflecting on the efficiency of the workforce at the company, Johnson Controls International plc [JCI] managed to generate an average of $14,980 per employee. Receivables Turnover for the company is 4.24 with a Total Asset Turnover recorded at a value of 0.57.Johnson Controls International plc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.80 and a Current Ratio set at 1.00.
Johnson Controls International plc [JCI]: An earnings per share (EPS) analysis
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 16.16%.
An analysis of insider ownership at Johnson Controls International plc [JCI]
There are presently around $30,099 million, or 96.60% of JCI stock, in the hands of institutional investors. The top three institutional holders of JCI stocks are: DODGE & COX with ownership of 62,254,487, which is approximately 1.755% of the company’s market cap and around 0.10% of the total institutional ownership; BLACKROCK INC., holding 59,426,849 shares of the stock with an approximate value of $2.89 billion in JCI stocks shares; and VANGUARD GROUP INC, currently with $2.88 billion in JCI stock with ownership of nearly 1.406% of the company’s market capitalization.
Positions in Johnson Controls International plc stocks held by institutional investors increased at the end of August and at the time of the August reporting period, where 407 institutional holders increased their position in Johnson Controls International plc [NYSE:JCI] by around 41,111,976 shares. Additionally, 498 investors decreased positions by around 47,515,067 shares, while 162 investors held positions by with 529,929,321 shares. The mentioned changes placed institutional holdings at 618,556,364 shares, according to the latest SEC report filing. JCI stock had 73 new institutional investments in for a total of 6,285,312 shares, while 138 institutional investors sold positions of 3,422,020 shares during the same period.