Johnson Controls International (JCI) Set to Announce Earnings on Wednesday

Johnson Controls International (NYSE:JCI) is set to post its quarterly earnings results before the market opens on Wednesday, May 1st. Analysts expect Johnson Controls International to post earnings of $0.75 per share for the quarter. Persons that wish to listen to the company’s earnings conference call can do so using this link.

Johnson Controls International (NYSE:JCI) last posted its quarterly earnings results on Tuesday, January 30th. The company reported $0.51 EPS for the quarter, hitting the consensus estimate of $0.51. Johnson Controls International had a net margin of 7.85% and a return on equity of 13.08%. The firm had revenue of $6.09 billion for the quarter, compared to the consensus estimate of $6.94 billion. During the same period last year, the firm posted $0.67 earnings per share. The business’s revenue was up .4% compared to the same quarter last year. On average, analysts expect Johnson Controls International to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Johnson Controls International Price Performance

Shares of Johnson Controls International stock opened at $65.31 on Tuesday. The company has a debt-to-equity ratio of 0.45, a quick ratio of 0.73 and a current ratio of 0.97. Johnson Controls International has a 52-week low of $47.90 and a 52-week high of $70.43. The company has a fifty day moving average of $62.96 and a 200-day moving average of $57.01. The stock has a market capitalization of $44.51 billion, a price-to-earnings ratio of 21.27, a price-to-earnings-growth ratio of 1.63 and a beta of 1.24.

Johnson Controls International Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, April 19th. Shareholders of record on Monday, March 25th were given a dividend of $0.37 per share. The ex-dividend date was Friday, March 22nd. This represents a $1.48 annualized dividend and a yield of 2.27%. Johnson Controls International’s payout ratio is 48.21%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on the company. StockNews.com cut Johnson Controls International from a “buy” rating to a “hold” rating in a report on Thursday, January 25th. Argus lowered Johnson Controls International from a “buy” rating to a “hold” rating in a research note on Tuesday, February 20th. Oppenheimer lifted their target price on shares of Johnson Controls International from $66.00 to $71.00 and gave the stock an “outperform” rating in a research note on Thursday, April 18th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and set a $60.00 target price (down from $65.00) on shares of Johnson Controls International in a report on Wednesday, January 31st. Finally, HSBC downgraded Johnson Controls International from a “buy” rating to a “hold” rating and set a $60.00 price target on the stock. in a report on Wednesday, January 31st. One research analyst has rated the stock with a sell rating, nine have assigned a hold rating and five have issued a buy rating to the company. According to data from MarketBeat, Johnson Controls International currently has a consensus rating of “Hold” and an average target price of $64.50.

Johnson Controls International Company Profile

Johnson Controls International plc, together with its subsidiaries, engages in engineering, manufacturing, commissioning, and retrofitting building products and systems in the United States, Europe, the Asia Pacific, and internationally. It operates in four segments: Building Solutions North America, Building Solutions EMEA/LA, Building Solutions Asia Pacific, and Global Products.