Wall Street analysts expect that Johnson Controls International PLC (NYSE:JCI) will post sales of $8.14 billion for the current quarter, according to Zacks Investment Research. Five analysts have provided estimates for Johnson Controls International PLC’s earnings, with the highest sales estimate coming in at $8.17 billion and the lowest estimate coming in at $8.11 billion. Johnson Controls International PLC posted sales of $10.20 billion during the same quarter last year, which would indicate a negative year-over-year growth rate of 20.2%. The company is expected to issue its next earnings report before the market opens on Thursday, November 9th.

According to Zacks, analysts expect that Johnson Controls International PLC will report full-year sales of $8.14 billion for the current fiscal year, with estimates ranging from $30.11 billion to $30.18 billion. For the next year, analysts anticipate that the business will post sales of $30.94 billion per share, with estimates ranging from $30.64 billion to $31.39 billion. Zacks Investment Research’s sales averages are an average based on a survey of sell-side research analysts that follow Johnson Controls International PLC.

Johnson Controls International PLC (NYSE:JCI) last released its quarterly earnings data on Thursday, July 27th. The auto parts company reported $0.71 earnings per share 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 for the quarter, compared to analyst estimates of $7.72 billion. During the same period last year, the firm earned $1.07 earnings per share. The business’s quarterly revenue was up 48.8% compared to the same quarter last year.

JCI has been the topic of several research analyst reports. BidaskClub upgraded shares of Johnson Controls International PLC from a “sell” rating to a “hold” rating in a research note on Thursday, June 29th. Zacks Investment Research lowered shares of Johnson Controls International PLC from a “hold” rating to a “sell” rating in a research report on Tuesday, July 4th. Morgan Stanley reaffirmed an “overweight” rating and set a $51.00 price target (up previously from $50.00) on shares of Johnson Controls International PLC in a research report on Monday, July 10th. Wolfe Research started coverage on shares of Johnson Controls International PLC in a report on Tuesday, July 11th. They issued a “market perform” rating for the company. Finally, Atlantic Securities lowered shares of Johnson Controls International PLC from an “overweight” rating to a “neutral” rating in a report on Friday, July 28th. One analyst has rated the stock with a sell rating, nine have assigned a hold rating and eleven have issued a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus target price of $48.43.

Johnson Controls International PLC (NYSE JCI) traded down 1.81% on Wednesday, hitting $41.20. 4,505,147 shares of the company were exchanged. Johnson Controls International PLC has a 52 week low of $36.74 and a 52 week high of $46.17. The company has a 50 day moving average price of $40.53 and a 200-day moving average price of $41.17. The stock’s market capitalization is $38.41 billion.

The business also recently declared a quarterly dividend, which was paid on Friday, October 13th. Investors of record on Monday, September 25th were given a $0.25 dividend. The ex-dividend date was Friday, September 22nd. This represents a $1.00 dividend on an annualized basis and a yield of 2.43%. Johnson Controls International PLC’s dividend payout ratio is presently -196.08%.

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In related news, VP Jeffrey M. Williams sold 1,955 shares of the firm’s stock in a transaction on Wednesday, October 11th. The stock was sold at an average price of $41.43, for a total value of $80,995.65. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 1.50% of the stock is owned by company insiders.

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Teachers Advisors LLC lifted its position in shares of Johnson Controls International PLC by 4.3% during the first quarter. Teachers Advisors LLC now owns 1,645,194 shares of the auto parts company’s stock worth $69,296,000 after purchasing an additional 67,729 shares during the last quarter. Janus Capital Management LLC lifted its position in shares of Johnson Controls International PLC by 80.3% during the first quarter. Janus Capital Management LLC now owns 1,032,903 shares of the auto parts company’s stock worth $43,506,000 after purchasing an additional 460,087 shares during the last quarter. FNY Partners Fund LP bought a new stake in shares of Johnson Controls International PLC during the first quarter worth $210,000. Park National Corp OH lifted its position in shares of Johnson Controls International PLC by 0.3% during the second quarter. Park National Corp OH now owns 384,843 shares of the auto parts company’s stock worth $16,687,000 after purchasing an additional 1,119 shares during the last quarter. Finally, First PREMIER Bank lifted its position in shares of Johnson Controls International PLC by 366.2% during the second quarter. First PREMIER Bank now owns 3,361 shares of the auto parts company’s stock worth $146,000 after purchasing an additional 2,640 shares during the last quarter. Institutional investors own 86.02% of the company’s stock.

Johnson Controls International PLC Company Profile

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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