Equities analysts expect Johnson Controls International PLC (NYSE:JCI) to report sales of $8.13 billion for the current fiscal quarter, according to Zacks Investment Research. Five analysts have provided estimates for Johnson Controls International PLC’s earnings, with estimates ranging from $8.11 billion to $8.15 billion. Johnson Controls International PLC reported sales of $10.20 billion in the same quarter last year, which would suggest a negative year over year growth rate of 20.3%. The company is expected to issue its next earnings report on Tuesday, November 14th.

On average, analysts expect that Johnson Controls International PLC will report full-year sales of $8.13 billion for the current fiscal year, with estimates ranging from $30.11 billion to $30.40 billion. For the next financial year, analysts forecast that the firm will report sales of $30.95 billion per share, with estimates ranging from $30.51 billion to $31.39 billion. Zacks Investment Research’s sales calculations are an average based on a survey of sell-side research firms that that provide coverage for Johnson Controls International PLC.

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

Several research analysts recently issued reports on the stock. Wolfe Research assumed coverage on shares of Johnson Controls International PLC in a report on Tuesday, July 11th. They set a “market perform” rating for the company. TheStreet raised shares of Johnson Controls International PLC from a “c” rating to a “b” rating in a report on Thursday, July 27th. BidaskClub cut shares of Johnson Controls International PLC from a “sell” rating to a “strong sell” rating in a report on Friday, August 18th. Morgan Stanley reduced their target price on shares of Johnson Controls International PLC from $51.00 to $46.00 and set an “overweight” rating for the company in a report on Monday, August 7th. Finally, Zacks Investment Research raised shares of Johnson Controls International PLC from a “sell” rating to a “hold” rating in a report on Tuesday, September 5th. One equities research analyst has rated the stock with a sell rating, ten have given a hold rating and twelve have given a buy rating to the company. The company has a consensus rating of “Hold” and a consensus target price of $49.13.

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Shares of Johnson Controls International PLC (JCI) opened at 39.81 on Friday. The stock’s 50 day moving average is $39.03 and its 200-day moving average is $41.33. The company’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 declared a quarterly dividend, which will be paid on Friday, October 13th. Investors of record on Monday, September 25th will be given 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 yield of 2.51%. Johnson Controls International PLC’s payout ratio is presently -196.08%.

A number of institutional investors and hedge funds have recently bought and sold shares of JCI. Dodge & Cox boosted its position in Johnson Controls International PLC by 83.5% during the second quarter. Dodge & Cox now owns 57,851,274 shares of the auto parts company’s stock worth $2,508,431,000 after acquiring an additional 26,319,624 shares during the last quarter. The Manufacturers Life Insurance Company boosted its position in Johnson Controls International PLC by 144.1% during the second quarter. The Manufacturers Life Insurance Company now owns 4,877,880 shares of the auto parts company’s stock worth $211,505,000 after acquiring an additional 2,879,948 shares during the last quarter. OppenheimerFunds Inc. boosted its position in Johnson Controls International PLC by 31.3% during the first quarter. OppenheimerFunds Inc. now owns 11,209,265 shares of the auto parts company’s stock worth $472,135,000 after acquiring an additional 2,670,778 shares during the last quarter. Capital World Investors boosted its position in Johnson Controls International PLC by 4.7% during the second quarter. Capital World Investors now owns 42,405,917 shares of the auto parts company’s stock worth $1,838,721,000 after acquiring an additional 1,917,892 shares during the last quarter. Finally, Lazard Asset Management LLC boosted its position in Johnson Controls International PLC by 20.1% during the first quarter. Lazard Asset Management LLC now owns 11,231,816 shares of the auto parts company’s stock worth $473,083,000 after acquiring an additional 1,883,034 shares during the last quarter. Hedge funds and other institutional investors 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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