Johnson Controls International (NYSE:JCI) issued an update on its FY19 earnings guidance on Thursday morning. The company provided EPS guidance of $2.90-3.05 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.03. Johnson Controls International also updated its FY 2019 guidance to $2.90-3.05 EPS.

JCI opened at $34.35 on Friday. Johnson Controls International has a fifty-two week low of $30.60 and a fifty-two week high of $41.53. The company has a quick ratio of 0.79, a current ratio of 1.10 and a debt-to-equity ratio of 0.48. The company has a market cap of $30.89 billion, a P/E ratio of 12.15, a price-to-earnings-growth ratio of 1.01 and a beta of 0.87.

Johnson Controls International (NYSE:JCI) last issued its earnings results on Thursday, November 8th. The auto parts company reported $0.93 EPS for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.93. Johnson Controls International had a net margin of 7.27% and a return on equity of 11.84%. The firm had revenue of $8.37 billion during the quarter, compared to the consensus estimate of $8.28 billion. During the same quarter in the prior year, the firm earned $0.87 earnings per share. The business’s quarterly revenue was up 2.9% on a year-over-year basis. On average, equities research analysts anticipate that Johnson Controls International will post 2.97 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Friday, October 12th. Shareholders of record on Monday, September 24th were paid a $0.26 dividend. This represents a $1.04 annualized dividend and a yield of 3.03%. The ex-dividend date was Friday, September 21st.

JCI has been the subject of several recent analyst reports. Wells Fargo & Co lowered their target price on shares of Johnson Controls International from $41.00 to $38.00 and set a market perform rating for the company in a research note on Friday, September 28th. Morgan Stanley initiated coverage on shares of Johnson Controls International in a research note on Monday, August 20th. They issued an equal weight rating and a $40.00 target price for the company. Zacks Investment Research downgraded shares of Johnson Controls International from a buy rating to a hold rating in a research note on Monday, July 16th. JPMorgan Chase & Co. downgraded shares of Johnson Controls International from a neutral rating to an underweight rating and set a $44.00 target price for the company. in a research note on Friday, September 21st. Finally, Royal Bank of Canada reaffirmed a sell rating and issued a $31.00 target price on shares of Johnson Controls International in a research note on Friday, July 13th. Four investment analysts have rated the stock with a sell rating, twelve have given a hold rating and three have issued a buy rating to the company. The stock has an average rating of Hold and a consensus target price of $40.29.

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About Johnson Controls International

Johnson Controls International plc operates as a diversified technology and multi industrial company worldwide. The company operates through Building Technologies & Solutions and Power Solutions segments. It designs, sells, controls, installs heating, ventilating, and air conditioning systems. The company also provides residential air conditioning and heating systems, and industrial refrigeration products, as well as technical and energy management consulting services.

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Earnings History and Estimates for Johnson Controls International (NYSE:JCI)

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