Brokerages expect Johnson Controls International PLC (NYSE:JCI) to post $0.87 earnings per share (EPS) for the current fiscal quarter, according to Zacks. Five analysts have provided estimates for Johnson Controls International PLC’s earnings, with the lowest EPS estimate coming in at $0.86 and the highest estimate coming in at $0.89. Johnson Controls International PLC posted earnings per share of $1.21 during the same quarter last year, which would indicate a negative year-over-year growth rate of 28.1%. The business is expected to issue its next quarterly earnings results on Tuesday, November 14th.

According to Zacks, analysts expect that Johnson Controls International PLC will report full year earnings of $2.61 per share for the current financial year, with EPS estimates ranging from $2.60 to $2.62. For the next fiscal year, analysts expect that the business will post earnings of $2.96 per share, with EPS estimates ranging from $2.89 to $3.00. Zacks’ EPS averages are an average based on a survey of sell-side research firms that follow Johnson Controls International PLC.

Johnson Controls International PLC (NYSE:JCI) last released its earnings results on Thursday, July 27th. The auto parts company reported $0.71 EPS for the quarter, hitting analysts’ consensus estimates of $0.71. The company had revenue of $7.67 billion for the quarter, compared to the consensus estimate of $7.72 billion. Johnson Controls International PLC had a positive return on equity of 11.74% and a negative net margin of 0.43%. Johnson Controls International PLC’s quarterly revenue was up 48.8% compared to the same quarter last year. During the same quarter last year, the business posted $1.07 EPS.

Several equities research analysts have recently weighed in on the company. Cowen and Company reiterated an “outperform” rating and issued a $48.00 price objective on shares of Johnson Controls International PLC in a research note on Monday, August 21st. Zacks Investment Research raised Johnson Controls International PLC from a “sell” rating to a “hold” rating in a report on Tuesday, September 5th. BidaskClub raised Johnson Controls International PLC from a “sell” rating to a “hold” rating in a report on Thursday, June 29th. Robert W. Baird reissued a “buy” rating and issued a $50.00 target price on shares of Johnson Controls International PLC in a report on Monday, August 28th. Finally, Royal Bank Of Canada reissued a “hold” rating and issued a $43.00 target price (down from $48.00) on shares of Johnson Controls International PLC in a report on Friday, July 28th. One analyst has rated the stock with a sell rating, ten have assigned a hold rating and twelve have given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of $49.63.

Shares of Johnson Controls International PLC (NYSE JCI) traded down 0.72% during mid-day trading on Friday, hitting $39.81. The company had a trading volume of 5,953,605 shares. The firm’s 50 day moving average is $39.04 and its 200-day moving average is $41.35. The firm’s market cap is $37.12 billion. Johnson Controls International PLC has a 12-month low of $36.74 and a 12-month high of $46.86.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, October 13th. Stockholders of record on Monday, September 25th will be paid a dividend of $0.25 per share. The ex-dividend date is Friday, September 22nd. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.49%. Johnson Controls International PLC’s dividend payout ratio is -196.08%.

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A number of large investors have recently modified their holdings of JCI. Dodge & Cox lifted its stake in Johnson Controls International PLC by 83.5% in the 2nd quarter. Dodge & Cox now owns 57,851,274 shares of the auto parts company’s stock valued at $2,508,431,000 after purchasing an additional 26,319,624 shares during the last quarter. The Manufacturers Life Insurance Company lifted its stake in Johnson Controls International PLC by 144.1% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 4,877,880 shares of the auto parts company’s stock valued at $211,505,000 after purchasing an additional 2,879,948 shares during the last quarter. OppenheimerFunds Inc. lifted its stake in Johnson Controls International PLC by 31.3% in the 1st quarter. OppenheimerFunds Inc. now owns 11,209,265 shares of the auto parts company’s stock valued at $472,135,000 after purchasing an additional 2,670,778 shares during the last quarter. Capital World Investors lifted its stake in Johnson Controls International PLC by 4.7% in the 2nd quarter. Capital World Investors now owns 42,405,917 shares of the auto parts company’s stock valued at $1,838,721,000 after purchasing an additional 1,917,892 shares during the last quarter. Finally, Lazard Asset Management LLC lifted its stake in Johnson Controls International PLC by 20.1% in the 1st quarter. Lazard Asset Management LLC now owns 11,231,816 shares of the auto parts company’s stock valued at $473,083,000 after purchasing an additional 1,883,034 shares during the last quarter. Institutional investors and hedge funds own 86.17% of the company’s stock.

About Johnson Controls International PLC

Johnson Controls, Inc is a technology company. The Company provides products, services and solutions to optimize energy and operational efficiencies of buildings; lead-acid automotive batteries and advanced batteries for hybrid and electric vehicles, and seating and interior systems for automobiles. The Company operates in two segments: Building Efficiency and Power Solutions.

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

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