Brokerages predict that Johnson Controls International plc Ordinary Share (NYSE:JCI) will post earnings of $0.52 per share for the current quarter, according to Zacks. Five analysts have made estimates for Johnson Controls International plc Ordinary Share’s earnings, with estimates ranging from $0.44 to $0.57. Johnson Controls International plc Ordinary Share reported earnings of $0.53 per share in the same quarter last year, which would indicate a negative year-over-year growth rate of 1.9%. The firm is expected to report its next quarterly earnings report on Wednesday, February 7th.

On average, analysts expect that Johnson Controls International plc Ordinary Share will report full-year earnings of $2.80 per share for the current year, with EPS estimates ranging from $2.77 to $2.90. For the next fiscal year, analysts expect that the firm will report earnings of $3.06 per share, with EPS estimates ranging from $2.79 to $3.20. Zacks’ EPS averages are a mean average based on a survey of research analysts that cover Johnson Controls International plc Ordinary Share.

Johnson Controls International plc Ordinary Share (NYSE:JCI) last released its quarterly earnings results on Thursday, November 9th. The auto parts company reported $0.87 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.87. The business had revenue of $8.14 billion for the quarter, compared to the consensus estimate of $8.10 billion. Johnson Controls International plc Ordinary Share had a net margin of 6.32% and a return on equity of 11.91%. Johnson Controls International plc Ordinary Share’s revenue for the quarter was up 30.1% on a year-over-year basis. During the same quarter last year, the firm earned $1.21 EPS.

JCI has been the topic of a number of recent research reports. Zacks Investment Research upgraded shares of Johnson Controls International plc Ordinary Share from a “sell” rating to a “hold” rating in a report on Monday, September 11th. Cowen restated a “buy” rating and set a $48.00 price target on shares of Johnson Controls International plc Ordinary Share in a report on Wednesday, September 27th. Morgan Stanley set a $48.00 price target on shares of Johnson Controls International plc Ordinary Share and gave the company an “overweight” rating in a report on Monday, October 2nd. Citigroup reiterated a “buy” rating and issued a $50.00 target price (up previously from $47.00) on shares of Johnson Controls International plc Ordinary Share in a report on Monday, October 9th. Finally, JMP Securities set a $50.00 target price on shares of Johnson Controls International plc Ordinary Share and gave the stock a “buy” rating in a report on Monday, October 23rd. Three equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and nine have issued a buy rating to the stock. Johnson Controls International plc Ordinary Share presently has a consensus rating of “Hold” and an average target price of $47.77.

In related news, VP William C. Jackson purchased 20,000 shares of the firm’s stock in a transaction on Tuesday, November 21st. The shares were bought at an average cost of $36.00 per share, for a total transaction of $720,000.00. Following the transaction, the vice president now directly owns 286,842 shares of the company’s stock, valued at approximately $10,326,312. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, 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 transaction of $80,995.65. The disclosure for this sale can be found here. Company insiders own 0.48% of the company’s stock.

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. First Trust Advisors LP boosted its position in shares of Johnson Controls International plc Ordinary Share by 494.7% during the 2nd quarter. First Trust Advisors LP now owns 64,526 shares of the auto parts company’s stock valued at $2,798,000 after acquiring an additional 53,675 shares in the last quarter. Bronfman E.L. Rothschild L.P. boosted its position in shares of Johnson Controls International plc Ordinary Share by 43.2% during the 2nd quarter. Bronfman E.L. Rothschild L.P. now owns 3,882 shares of the auto parts company’s stock valued at $168,000 after acquiring an additional 1,171 shares in the last quarter. Pinnacle Associates Ltd. boosted its position in shares of Johnson Controls International plc Ordinary Share by 7.1% during the 2nd quarter. Pinnacle Associates Ltd. now owns 21,203 shares of the auto parts company’s stock valued at $919,000 after acquiring an additional 1,405 shares in the last quarter. Calamos Advisors LLC acquired a new stake in shares of Johnson Controls International plc Ordinary Share during the 2nd quarter valued at about $4,508,000. Finally, Los Angeles Capital Management & Equity Research Inc. acquired a new stake in shares of Johnson Controls International plc Ordinary Share during the 2nd quarter valued at about $2,156,000. Institutional investors own 89.78% of the company’s stock.

Johnson Controls International plc Ordinary Share (NYSE:JCI) opened at $38.96 on Thursday. The firm has a market cap of $35,379.38, a price-to-earnings ratio of 19.19, a PEG ratio of 1.03 and a beta of 0.90. The company has a debt-to-equity ratio of 0.56, a quick ratio of 0.77 and a current ratio of 1.04. Johnson Controls International plc Ordinary Share has a twelve month low of $34.51 and a twelve month high of $44.70.

The company also recently announced a quarterly dividend, which will be paid on Friday, January 12th. Investors of record on Monday, December 18th will be issued a $0.26 dividend. This represents a $1.04 annualized dividend and a yield of 2.67%. The ex-dividend date of this dividend is Friday, December 15th. This is an increase from Johnson Controls International plc Ordinary Share’s previous quarterly dividend of $0.25. Johnson Controls International plc Ordinary Share’s dividend payout ratio (DPR) is 51.23%.

Johnson Controls International plc Ordinary Share declared that its Board of Directors has approved a stock repurchase program on Thursday, December 7th that permits the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization permits the auto parts company to buy shares of its stock through open market purchases. Stock repurchase programs are often a sign that the company’s board of directors believes its stock is undervalued.

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About Johnson Controls International plc Ordinary Share

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 Ordinary Share (NYSE:JCI)

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