Johnson Controls International P (NYSE: JCI) has reported earnings for its fourth fiscal quarter (ending September 30) of $0.80 versus $0.80 for the same period a year ago — flat performance. E.P.S. were $2.09 for the latest four quarters through September 30 versus $2.70 for the same period a year ago — a decline of -23%.
Recent Price Action
On 11/6/24, Johnson Controls International P (NYSE: JCI) stock enjoyed a very large increase of 8.8%, closing at $81.47. Moreover, exceptionally high trading volume at 212% of normal accompanied the advance. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 5.7% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, JCI is expected to continue to be a major Value Builder.
Johnson Controls has a current Value Trend Rating of B (Positive). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Johnson Controls has a neutral Appreciation Score of 42 but a very high Power Rating of 92, triggering the Positive Value Trend Rating.
Rating Review
In light of this new information and positive market action we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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