Johnson Controls International (NYSE:JCI) updated its FY 2019 earnings guidance on Thursday. The company provided EPS guidance of $2.90-3.05 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.81. Johnson Controls International also updated its FY19 guidance to $2.90-3.05 EPS.

A number of research analysts have recently commented on the company. Wells Fargo & Co lowered their target price on Johnson Controls International from $41.00 to $38.00 and set a market perform rating for the company in a research note on Friday, September 28th. Royal Bank of Canada restated a sell rating and issued a $34.00 target price on shares of Johnson Controls International in a research note on Wednesday, August 1st. UBS Group cut Johnson Controls International from a buy rating to a neutral rating and lowered their target price for the company from $44.00 to $40.00 in a research note on Tuesday, September 11th. Citigroup raised their target price on Johnson Controls International from $45.00 to $46.00 and gave the company a buy rating in a research note on Thursday, August 2nd. Finally, Zacks Investment Research upgraded Johnson Controls International from a sell rating to a hold rating in a research note on Thursday, August 2nd. Four research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and three have issued a buy rating to the stock. The stock presently has an average rating of Hold and an average price target of $40.29.

Shares of NYSE:JCI opened at $34.35 on Friday. The firm has a market cap of $30.89 billion, a price-to-earnings ratio of 12.15, a P/E/G ratio of 1.01 and a beta of 0.87. Johnson Controls International has a 12-month low of $30.60 and a 12-month high of $41.53. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.10 and a quick ratio of 0.79.

Johnson Controls International (NYSE:JCI) last announced its quarterly earnings data on Thursday, November 8th. The auto parts company reported $0.93 earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of $0.93. The business had revenue of $8.37 billion during the quarter, compared to analysts’ expectations of $8.28 billion. Johnson Controls International had a return on equity of 11.84% and a net margin of 7.27%. The firm’s quarterly revenue was up 2.9% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.87 earnings per share. As a group, research analysts anticipate that Johnson Controls International will post 2.97 EPS for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Friday, October 12th. Shareholders of record on Monday, September 24th were paid a dividend of $0.26 per share. This represents a $1.04 dividend on an annualized basis and a yield of 3.03%. The ex-dividend date was Friday, September 21st.

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About Johnson Controls International

Johnson Controls International plc operates as a diversified technology and multi industrial company worldwide. The company operates through Building Technologies & Solutions and Power Solutions segments. It designs, sells, controls, installs heating, ventilating, and air conditioning systems. The company also provides residential air conditioning and heating systems, and industrial refrigeration products, as well as technical and energy management consulting services.

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Earnings History and Estimates for Johnson Controls International (NYSE:JCI)

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