Equities research analysts expect Johnson Controls International PLC (NYSE:JCI) to announce sales of $7.19 billion for the current quarter, Zacks reports. Five analysts have provided estimates for Johnson Controls International’s earnings, with the lowest sales estimate coming in at $7.05 billion and the highest estimate coming in at $7.28 billion. Johnson Controls International reported sales of $7.09 billion in the same quarter last year, which would indicate a positive year-over-year growth rate of 1.4%. The firm is scheduled to announce its next earnings results on Wednesday, February 7th.

According to Zacks, analysts expect that Johnson Controls International will report full year sales of $7.19 billion for the current fiscal year, with estimates ranging from $30.38 billion to $30.60 billion. For the next financial year, analysts anticipate that the business will report sales of $31.50 billion per share, with estimates ranging from $31.22 billion to $32.02 billion. Zacks’ sales averages are a mean average based on a survey of analysts that that provide coverage for Johnson Controls International.

Johnson Controls International (NYSE:JCI) last posted its earnings results on Thursday, November 9th. The auto parts company reported $0.87 EPS for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.87. The company had revenue of $8.14 billion during the quarter, compared to the consensus estimate of $8.10 billion. Johnson Controls International had a net margin of 6.32% and a return on equity of 11.91%. The company’s revenue for the quarter was up 30.1% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.21 earnings per share.

Several analysts have commented on the stock. Oppenheimer reaffirmed a “buy” rating and set a $50.00 price objective (down from $52.00) on shares of Johnson Controls International in a report on Tuesday, October 31st. BidaskClub downgraded shares of Johnson Controls International from a “sell” rating to a “strong sell” rating in a report on Friday, August 18th. Morgan Stanley decreased their price objective on shares of Johnson Controls International from $51.00 to $46.00 and set an “overweight” rating for the company in a report on Monday, August 7th. Zacks Investment Research raised shares of Johnson Controls International from a “sell” rating to a “hold” rating in a report on Tuesday, September 5th. Finally, Vertical Research downgraded shares of Johnson Controls International from a “buy” rating to a “hold” rating in a report on Friday, November 10th. Two research analysts have rated the stock with a sell rating, twelve have issued a hold rating and ten have issued a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $47.79.

In related news, VP Jeffrey M. Williams sold 1,955 shares of the company’s stock in a transaction on Wednesday, October 11th. The shares were sold at an average price of $41.43, for a total transaction of $80,995.65. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, VP William C. Jackson bought 20,000 shares of the business’s stock in a transaction that occurred on Tuesday, November 21st. The shares were bought at an average price of $36.00 per share, with a total value of $720,000.00. Following the completion of the purchase, the vice president now owns 286,842 shares in the company, valued at $10,326,312. The disclosure for this purchase can be found here. 0.48% of the stock is owned by corporate insiders.

A number of large investors have recently added to or reduced their stakes in JCI. Honeywell International Inc. raised its stake in shares of Johnson Controls International by 216.7% in the 3rd quarter. Honeywell International Inc. now owns 950,200 shares of the auto parts company’s stock valued at $38,284,000 after buying an additional 650,200 shares in the last quarter. Federated Investors Inc. PA raised its stake in shares of Johnson Controls International by 368.6% in the 2nd quarter. Federated Investors Inc. PA now owns 73,435 shares of the auto parts company’s stock valued at $3,184,000 after buying an additional 57,764 shares in the last quarter. Nomura Holdings Inc. acquired a new position in shares of Johnson Controls International in the 2nd quarter valued at $4,338,000. Oppenheimer & Co. Inc. raised its stake in shares of Johnson Controls International by 13.4% in the 2nd quarter. Oppenheimer & Co. Inc. now owns 194,832 shares of the auto parts company’s stock valued at $8,449,000 after buying an additional 22,960 shares in the last quarter. Finally, First National Trust Co. raised its stake in shares of Johnson Controls International by 15.3% in the 2nd quarter. First National Trust Co. now owns 26,265 shares of the auto parts company’s stock valued at $1,139,000 after buying an additional 3,482 shares in the last quarter. Hedge funds and other institutional investors own 89.71% of the company’s stock.

Shares of Johnson Controls International (NYSE JCI) opened at $37.42 on Friday. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.04 and a quick ratio of 0.77. The company has a market cap of $34,833.37, a P/E ratio of 14.42, a price-to-earnings-growth ratio of 1.01 and a beta of 0.90. Johnson Controls International has a 1 year low of $34.51 and a 1 year high of $45.91.

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Johnson Controls International 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 (NYSE:JCI)

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