Equities research analysts expect that Johnson Controls International plc Ordinary Share (NYSE:JCI) will report $7.19 billion in sales for the current quarter, according to Zacks. Five analysts have provided estimates for Johnson Controls International plc Ordinary Share’s earnings. The lowest sales estimate is $7.05 billion and the highest is $7.28 billion. Johnson Controls International plc Ordinary Share reported sales of $7.09 billion in the same quarter last year, which would suggest a positive year over year growth rate of 1.4%. The business is scheduled to issue its next earnings results on Wednesday, February 7th.

On average, analysts expect that Johnson Controls International plc Ordinary Share 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 firm will report sales of $31.50 billion per share, with estimates ranging from $31.22 billion to $32.02 billion. Zacks Investment Research’s sales averages are a mean average based on a survey of sell-side research analysts that cover Johnson Controls International plc Ordinary Share.

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

Several equities analysts recently issued reports on JCI shares. TheStreet raised Johnson Controls International plc Ordinary Share from a “c” rating to a “b” rating in a research report on Thursday, November 9th. Oppenheimer reissued a “buy” rating and issued a $45.00 target price (down from $50.00) on shares of Johnson Controls International plc Ordinary Share in a research report on Friday, November 10th. Cowen reissued a “buy” rating and issued a $48.00 target price on shares of Johnson Controls International plc Ordinary Share in a research report on Thursday, November 9th. JMP Securities set a $50.00 price target on Johnson Controls International plc Ordinary Share and gave the stock a “buy” rating in a research report on Monday, October 23rd. Finally, Citigroup reaffirmed a “buy” rating and set a $50.00 price target (up from $47.00) on shares of Johnson Controls International plc Ordinary Share in a research report on Monday, October 9th. Three research analysts have rated the stock with a sell rating, eleven have given a hold rating and eight have assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus price target of $47.31.

In other news, CEO George Oliver bought 27,300 shares of the stock in a transaction dated Friday, November 24th. The shares were acquired at an average cost of $36.80 per share, with a total value of $1,004,640.00. Following the purchase, the chief executive officer now directly owns 634,732 shares in the company, valued at approximately $23,358,137.60. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, VP Jeffrey M. Williams sold 27,734 shares of the firm’s stock in a transaction dated Thursday, January 4th. The shares were sold at an average price of $40.00, for a total transaction of $1,109,360.00. Following the completion of the transaction, the vice president now directly owns 201,961 shares in the company, valued at $8,078,440. The disclosure for this sale can be found here. Corporate insiders own 0.48% of the company’s stock.

A number of institutional investors have recently modified their holdings of the stock. Vanguard Group Inc. lifted its stake in Johnson Controls International plc Ordinary Share by 2.3% in the 2nd quarter. Vanguard Group Inc. now owns 63,619,905 shares of the auto parts company’s stock valued at $2,758,559,000 after buying an additional 1,457,941 shares in the last quarter. Dodge & Cox lifted its stake in Johnson Controls International plc Ordinary Share 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 buying an additional 26,319,624 shares in the last quarter. Barrow Hanley Mewhinney & Strauss LLC lifted its stake in Johnson Controls International plc Ordinary Share by 5.9% in the 3rd quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 45,423,316 shares of the auto parts company’s stock valued at $1,830,106,000 after buying an additional 2,537,865 shares in the last quarter. Capital World Investors lifted its stake in Johnson Controls International plc Ordinary Share 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 buying an additional 1,917,892 shares in the last quarter. Finally, American Century Companies Inc. lifted its stake in Johnson Controls International plc Ordinary Share by 8.6% in the 3rd quarter. American Century Companies Inc. now owns 14,430,474 shares of the auto parts company’s stock worth $581,404,000 after purchasing an additional 1,141,974 shares in the last quarter. 89.78% of the stock is currently owned by hedge funds and other institutional investors.

Johnson Controls International plc Ordinary Share (JCI) opened at $38.42 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. Johnson Controls International plc Ordinary Share has a 12-month low of $34.51 and a 12-month high of $44.70. The stock has a market capitalization of $36,880.00, a price-to-earnings ratio of 22.47, a P/E/G ratio of 1.07 and a beta of 0.90.

Johnson Controls International plc Ordinary Share announced that its board has initiated a stock repurchase program on Thursday, December 7th that permits the company to buyback $1.00 billion in outstanding shares. This buyback authorization permits the auto parts company to purchase shares of its stock through open market purchases. Shares buyback programs are generally an indication that the company’s leadership believes its stock is undervalued.

The company also recently announced a quarterly dividend, which will be paid on Friday, January 12th. Stockholders of record on Monday, December 18th will be paid a dividend of $0.26 per share. This is a positive change from Johnson Controls International plc Ordinary Share’s previous quarterly dividend of $0.25. This represents a $1.04 annualized dividend and a dividend yield of 2.71%. The ex-dividend date of this dividend is Friday, December 15th. Johnson Controls International plc Ordinary Share’s dividend payout ratio is presently 60.82%.

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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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