Johnson Controls International plc [JCI] Stock trading around $68.18 per share: What’s Next?

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Johnson Controls International plc [NYSE: JCI] stock went on an upward path that rose over 1.94% on Wednesday, amounting to a one-week price increase of more than 4.51%.

Over the last 12 months, JCI stock rose by 9.23%. The one-year Johnson Controls International plc stock forecast points to a potential downside of -1.72. The average equity rating for JCI stock is currently 2.29, trading closer to a bullish pattern in the stock market.

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The market cap for the stock reached $45.93 billion, with 680.37 million shares outstanding and 670.19 million shares in the current float. Compared to the average trading volume of 5.21M shares, JCI stock reached a trading volume of 5961250 in the most recent trading day, which is why market watchdogs consider the stock to be active.

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 $67.03 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 2.29. 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.

UBS have made an estimate for Johnson Controls International plc shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on May 06, 2024. The new note on the price target was released on February 23, 2024, representing the official price target for Johnson Controls International plc stock.

The Average True Range (ATR) for Johnson Controls International plc is set at 1.27, with the Price to Sales ratio for JCI stock in the period of the last 12 months amounting to 1.71. The Price to Book ratio for the last quarter was 2.93, with the Price to Cash per share for the same quarter was set at 1.27. Price to Free Cash Flow for JCI in the course of the last twelve months was 36.89 with Quick ratio for the last quarter at 0.64.

JCI Stock Performance Analysis:

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 4.51. With this latest performance, JCI shares gained by 6.15% in over the last four-week period, additionally plugging by 34.24% over the last 6 months – not to mention a rise of 9.23% 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 67.78, with the RSI for the last a single of trading hit 73.41, and the three-weeks RSI is set at 65.08 for Johnson Controls International plc [JCI]. The present Moving Average for the last 50 days of trading for this stock 64.16, while it was recorded at 66.49 for the last single week of trading, and 57.55 for the last 200 days.

Insight into Johnson Controls International plc Fundamentals:

Johnson Controls International plc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.64 and a Current Ratio set at 0.86.

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 11.51%.

Johnson Controls International plc [JCI] Institutonal Ownership Details

The top three institutional holders of JCI stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.4983%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $200.69 billion in JCI stocks shares; and BERKSHIRE HATHAWAY INC, currently with $174.35 billion in JCI stock with ownership which is approximately 5.8386%.

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