Johnson Controls International plc [NYSE: JCI] price plunged by -0.26 percent to reach at -$0.15. The company report on September 13, 2023 at 10:00 AM that Johnson Controls-Hitachi Air Conditioning Launches Emissions-Reducing Residential HVAC Dual Fuel Heat Pump System.
New Hitachi air365 Hybrid system automatically switches between heat pump and furnace operation according to outdoor temperature sensors for a more efficient performance year-round.
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Johnson Controls-Hitachi Air Conditioning today introduced the Hitachi air365 Hybrid dual fuel system, which combines a heat pump and furnace to provide efficient, economical home comfort year-round while reducing carbon emissions. The air365 Hybrid system features an electric Hitachi Mini VRF heat pump as the primary heating and cooling source and an innovative dual fuel module that attaches to a home’s new or existing gas furnace.
A sum of 5799523 shares traded at recent session while its average daily volume was at 3.89M shares. Johnson Controls International plc shares reached a high of $58.118 and dropped to a low of $56.93 until finishing in the latest session at $57.18.
The one-year JCI stock forecast points to a potential upside of 21.1. The average equity rating for JCI stock is currently 2.00, trading closer to a bullish pattern in the stock market.
Guru’s Opinion on 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 $72.47 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 2.00. 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.
Barclays have made an estimate for Johnson Controls International plc shares, keeping their opinion on the stock as Equal Weight, with their previous recommendation back on June 01, 2023.
The Average True Range (ATR) for Johnson Controls International plc is set at 1.12, with the Price to Sales ratio for JCI stock in the period of the last 12 months amounting to 1.45. The Price to Book ratio for the last quarter was 2.39, with the Price to Cash per share for the same quarter was set at 1.56. Price to Free Cash Flow for JCI in the course of the last twelve months was 26.09 with Quick ratio for the last quarter at 0.80.
JCI Stock Performance Analysis:
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 -0.69. With this latest performance, JCI shares dropped by -3.77% in over the last four-week period, additionally sinking by -8.61% over the last 6 months – not to mention a drop of -2.85% 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 30.55, with the RSI for the last a single of trading hit 30.70, and the three-weeks RSI is set at 32.43 for Johnson Controls International plc [JCI]. The present Moving Average for the last 50 days of trading for this stock 63.07, while it was recorded at 57.21 for the last single week of trading, and 63.19 for the last 200 days.
Insight into Johnson Controls International plc 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 +9.39 and a Gross Margin at +32.87. Johnson Controls International plc’s Net Margin is presently recorded at +6.06.
Return on Total Capital for JCI is now 8.56, given the latest momentum, and Return on Invested Capital for the company is 6.03. Return on Equity for this stock inclined to 9.06, with Return on Assets sitting at 3.62. 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 62.87. Additionally, JCI Total Debt to Total Capital is recorded at 38.60, with Total Debt to Total Assets ending up at 23.97. Long-Term Debt to Equity for the company is recorded at 51.72, with the Long-Term Debt to Total Capital now at 31.75.
Reflecting on the efficiency of the workforce at the company, Johnson Controls International plc [JCI] managed to generate an average of $15,020 per employee. Receivables Turnover for the company is 4.54 with a Total Asset Turnover recorded at a value of 0.60.Johnson Controls International plc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.80 and a Current Ratio set at 1.10.
JCI Stock EPS
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 15.62%.
Johnson Controls International plc [JCI] Institutonal Ownership Details
The top three institutional holders of JCI stocks are: VANGUARD GROUP INC with ownership of 1.31 billion shares, which is approximately 8.2089%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $170.67 trillion in JCI stocks shares; and BERKSHIRE HATHAWAY INC, currently with $150.98 trillion in JCI stock with ownership which is approximately 5.7381%.
