Johnson Controls International plc (NYSE:JCI) registered a -1.29% decrease, still its new closing price is 35.68% up from the company’s 1 year high of 48.69.It posted 1.93% gains in previous 5 sessions and is now the subject of 6 analysts who together assign a hold rating on stock. 0 of Wall Street analysts have an underperform rating; the 0 sells versus 9 buy or better ratings. The 20 stock analysts following this company have an average price target at $49.84, with individual PT in the $45.00-$55.00 range. The shares moved at $43.73, implying that brokerage firms see shares gaining about 33.42% in twelve months time.
Johnson Controls International plc (JCI) SEC Form 4 News
The stock is getting much attention these days as insiders are offloading shares while they posted a 6.17% rise year to date. A Exec VP & Vice Chairman at Johnson Controls International plc (JCI) offloaded shares in a transaction closed on Tuesday August 23, 2016. McDonald R Bruce sold 98,166 shares in the company at $44.95 each and collected $4,412,001 in proceeds. McDonald R Bruce now owns 17,946 shares in the company after this transaction. A Director in the company, BREEN EDWARD D, disclosed a transaction on Thursday August 11, 2016 that ended up generating $15,715,000 from the sale of 338,017 shares at $46.49 per share.
Johnson Controls International plc (NYSE:JCI) Upcoming Results on Tap
Johnson Controls International plc will next provide financial results for the December 2017 quarter. Stock analysts expect it to report per-share earnings of $0.63 in that period. Sales during the quarter are predicted to arrive at $7.45 billion.
Earnings surprise history: Last quarter, the company posted approximately $10.2 billion in revenue and EPS of $1.21. The mean forecast was for $9.4 billion and $1.06 a share, respectively. One quarter earlier, revenue for the stock was at $2.45 billion, with earnings at $0.57/share.
Johnson Controls International plc (JCI) Brokerage Update
Johnson Controls International plc (JCI) is in Gabelli & Co’s research list so their analyst rating change is noteworthy. These shares were downgraded to Hold from Buy by Gabelli & Co, according to news reported on Tuesday December 06, 2016.Another important research note was issued by Macquarie on Thursday September 08, 2016.The firm upgraded JCI to Outperform from Neutral. Over the last six months and over the last three months, the shares of Johnson Controls International plc (JCI), have changed -2.65% and -0.25%, respectively.