Johnson Controls International PLC (NYSE:JCI) – Investment analysts at Oppenheimer issued their Q1 2019 earnings per share (EPS) estimates for shares of Johnson Controls International in a research note issued on Friday, November 9th. Oppenheimer analyst N. Kaye anticipates that the auto parts company will post earnings of $0.59 per share for the quarter. Oppenheimer also issued estimates for Johnson Controls International’s Q2 2019 earnings at $0.59 EPS, Q3 2019 earnings at $0.83 EPS and Q4 2019 earnings at $0.97 EPS.

Johnson Controls International (NYSE:JCI) last announced its quarterly earnings data on Thursday, November 8th. The auto parts company reported $0.93 earnings per share for the quarter, hitting the consensus estimate of $0.93. Johnson Controls International had a return on equity of 11.92% and a net margin of 6.89%. The business had revenue of $8.37 billion during the quarter, compared to the consensus estimate of $8.28 billion. During the same period in the prior year, the company earned $0.87 EPS. Johnson Controls International’s revenue for the quarter was up 2.9% on a year-over-year basis.

Other equities analysts also recently issued reports about the company. TheStreet upgraded Johnson Controls International from a “c+” rating to a “b-” rating in a research report on Friday, August 24th. UBS Group dropped their target price on Johnson Controls International from $46.00 to $44.00 and set a “buy” rating for the company in a research report on Thursday, August 30th. Argus upgraded Johnson Controls International from a “hold” rating to a “buy” rating in a research report on Tuesday, August 21st. Citigroup increased their target price on Johnson Controls International from $45.00 to $46.00 and gave the company a “buy” rating in a research report on Thursday, August 2nd. Finally, Barclays increased their target price on Johnson Controls International from $38.00 to $39.00 and gave the company an “equal weight” rating in a research report on Wednesday, August 1st. Four investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and three have issued a buy rating to the stock. Johnson Controls International presently has an average rating of “Hold” and an average target price of $40.29.

Shares of JCI stock opened at $34.78 on Monday. The company has a quick ratio of 0.76, a current ratio of 1.05 and a debt-to-equity ratio of 0.43. Johnson Controls International has a twelve month low of $30.60 and a twelve month high of $41.53. The firm has a market cap of $31.77 billion, a P/E ratio of 12.22, a price-to-earnings-growth ratio of 1.05 and a beta of 0.87.

Institutional investors have recently bought and sold shares of the business. BlackRock Inc. raised its position in shares of Johnson Controls International by 13.0% during the third quarter. BlackRock Inc. now owns 59,977,232 shares of the auto parts company’s stock worth $2,099,204,000 after acquiring an additional 6,907,864 shares during the last quarter. Franklin Resources Inc. raised its position in shares of Johnson Controls International by 13.0% during the third quarter. Franklin Resources Inc. now owns 24,324,526 shares of the auto parts company’s stock worth $851,362,000 after acquiring an additional 2,803,639 shares during the last quarter. Newport Trust Co bought a new position in shares of Johnson Controls International during the second quarter worth about $316,198,000. Bank of New York Mellon Corp raised its position in shares of Johnson Controls International by 11.1% during the third quarter. Bank of New York Mellon Corp now owns 7,074,686 shares of the auto parts company’s stock worth $247,614,000 after acquiring an additional 704,520 shares during the last quarter. Finally, Dimensional Fund Advisors LP raised its position in shares of Johnson Controls International by 12.8% during the third quarter. Dimensional Fund Advisors LP now owns 5,600,090 shares of the auto parts company’s stock worth $196,052,000 after acquiring an additional 635,357 shares during the last quarter. Hedge funds and other institutional investors own 92.39% of the company’s stock.

Johnson Controls International Company Profile

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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