Johnson Controls International P (NYSE: JCI) has reported E.P.S. of $0.81 for its fourth fiscal quarter (ending September 30) versus $1.10 for the same period a year ago — a decline of -26%. This result fell short of the consensus estimate of $1.09 by $-0.28. For the latest four quarters through September 30, E.P.S. were $2.70 versus $2.20 for the same period a year ago — an increase of 23%.
Recent Price Action
On 12/12/23, Johnson Controls International P (NYSE: JCI) stock suffered a large decline of -6.0%, closing at $53.19. Moreover, exceptionally high trading volume at 373% of normal accompanied the decline. Relative to the market the stock has been weak over the last nine months and has declined -2.0% during the last week.
Current PriceTarget Research Rating
JCI is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Johnson Controls has a current Value Trend Rating of D (Negative). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Johnson Controls has a neutral Power Rating of 48 but a poor Appreciation Score of 29, producing the Negative Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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