Johnson Controls International P (NYSE: JCI) has reported E.P.S. of $1.45 for its third fiscal quarter (ending June 30) versus $1.54 for the same period a year ago. For the latest four quarters through June 30, E.P.S. were $2.38 compared to $3.00 a year ago.
Recent Price Action
Johnson Controls International P (NYSE: JCI) stock closed at $71.54 on 7/31/24 after a large increase of 3.6%. Moreover, trading volume in this advance was exceptionally high at 308% of normal. The stock has risen 3.5% during the last week and has been exceptionally strong relative to the market over the last nine months.
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 very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Johnson Controls has a slightly negative Appreciation Score of 37 but a very high Power Rating of 90, 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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