Johnson Controls International (JCI) Scheduled to Post Quarterly Earnings on Wednesday

Johnson Controls International (NYSE:JCI) is scheduled to be posting its quarterly earnings results before the market opens on Wednesday, May 1st. Analysts expect Johnson Controls International to post earnings of $0.75 per share for the quarter. Individual that are interested in registering for the company’s earnings conference call can do so using this link.

Johnson Controls International (NYSE:JCI) last posted its earnings results on Tuesday, January 30th. The company reported $0.51 earnings per share for the quarter, meeting the consensus estimate of $0.51. Johnson Controls International had a net margin of 7.85% and a return on equity of 13.08%. The firm had revenue of $6.09 billion during the quarter, compared to the consensus estimate of $6.94 billion. During the same quarter last year, the firm earned $0.67 EPS. The firm’s revenue for the quarter was up .4% on a year-over-year basis. On average, analysts expect Johnson Controls International to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Johnson Controls International Stock Up 0.8 %

NYSE:JCI opened at $65.17 on Wednesday. Johnson Controls International has a 52 week low of $47.90 and a 52 week high of $70.43. The stock’s fifty day moving average is $62.34 and its two-hundred day moving average is $56.67. The stock has a market capitalization of $44.41 billion, a price-to-earnings ratio of 21.23, a price-to-earnings-growth ratio of 1.60 and a beta of 1.24. The company has a quick ratio of 0.73, a current ratio of 0.97 and a debt-to-equity ratio of 0.45.

Johnson Controls International Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, April 19th. Investors of record on Monday, March 25th were paid a dividend of $0.37 per share. This represents a $1.48 annualized dividend and a yield of 2.27%. The ex-dividend date of this dividend was Friday, March 22nd. Johnson Controls International’s payout ratio is 48.21%.

Analyst Ratings Changes

A number of brokerages have issued reports on JCI. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and set a $60.00 price target (down from $65.00) on shares of Johnson Controls International in a research note on Wednesday, January 31st. Royal Bank of Canada reduced their target price on shares of Johnson Controls International from $50.00 to $48.00 and set an “underperform” rating on the stock in a report on Wednesday, January 31st. Argus downgraded shares of Johnson Controls International from a “buy” rating to a “hold” rating in a research note on Tuesday, February 20th. Wells Fargo & Company upped their price objective on Johnson Controls International from $64.00 to $73.00 and gave the stock an “overweight” rating in a research report on Tuesday, April 2nd. Finally, Melius Research reissued a “hold” rating on shares of Johnson Controls International in a research note on Tuesday, January 30th. One analyst has rated the stock with a sell rating, nine have given a hold rating and five have issued a buy rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold” and an average price target of $64.50.

Johnson Controls International Company Profile

Johnson Controls International plc, together with its subsidiaries, engages in engineering, manufacturing, commissioning, and retrofitting building products and systems in the United States, Europe, the Asia Pacific, and internationally. It operates in four segments: Building Solutions North America, Building Solutions EMEA/LA, Building Solutions Asia Pacific, and Global Products.