Analyst Estimates

Analyst Insights on Price Reaction History: Johnson Controls International plc Ordinary Share (NYSE:JCI)

Johnson Controls International plc Ordinary Share (NYSE:JCI) plunged -1.52% during previous trade, a total of 6.51M shares exchanged hands compared with its average trading volume of 6M shares whereas its relative volume is 0.77. The stock has a market capitalization of $42.45B along with 936.72M outstanding shares. Stock’s intraday price range hit the peak level of $45.90 and touched the lowest level of $44.55.

Most recently Johnson Controls International plc Ordinary Share (NYSE:JCI)’s price target was revised on 12/1/16 and according to 17 analysts stock’s price will reach at $50.25 during 52 weeks with standard deviation of 3.14. Stock’s minimum price target estimates has been figured out at $45 while the maximum price target forecast is established at $54.17, if we look at the price target with an optimistic approach it has upside potential of 20% from its latest closing price of $44.63.

Historically, if we look at price target revisions, one week ago Johnson Controls International plc Ordinary Share (NYSE:JCI)’s price target was revised on 11/15/16 by the analysts, however the bullish price estimates of the stock set at $55 while the bearish estimates kept at $45 over the next one year. Stock’s 52-week target was retained at $49.96, the estimates indicates a standard deviation of 3.09.

While taking an overview of recommendation trends, the stock currently has an average brokerage recommendation of 2.03. ABR value is precisely based on brokerage recommendations, where out of 16 brokerage recommendations 8 rate Johnson Controls International plc Ordinary Share (NYSE:JCI) stock a Strong Buy, 1 rate the stocks of the company a Buy, 6 rate Hold, 0 rate Sell and 1 recommend a Strong Sell. Most recently on 9/8/16 the stock of Johnson Controls International plc Ordinary Share (NYSE:JCI) upgraded by Macquarie from Neutral to Outperform. However previously on 5/24/16 it was upgraded by Credit Suisse from Neutral to Outperform. A research note issued on 10/2/15 the stock was upgraded by Nomura from Neutral to Buy.

Johnson Controls International plc Ordinary Share (NYSE:JCI) performance over the past one year advanced 34.37% whereas its year to date (YTD) performance indicated a bullish trend of 43.09%. During the last six months the stock slipped 3.81%. Quarterly performance of the company shows declining momentum of -8.73% while its last one month trend is positive with 9.36%. Stock’s weekly performance expressed down trend of -0.76%.

The company’s price sits 0.70% above from its 50-day moving average of $43.95 and 7.40% far from the stock’s 200-day moving average which is $44.05. Johnson Controls International plc Ordinary Share (NYSE:JCI)’s shares are currently trading -8.86% away from the 52-week high price of $48.97 and +56.62% far from the 52-week low price of $28.50.

According to consensus agreement of 14 analysts Johnson Controls International plc Ordinary Share (NYSE:JCI) will report earnings per share of $0.54 in their quarterly report and it is expected to announce the company’s results on 2/3/17. For the current quarter the company has high EPS estimates of $0.59 in contradiction of low EPS estimates of $0.47. However a year ago for the same quarter the company has reported $0.44 EPS. Current year EPS projections for Johnson Controls International plc Ordinary Share (NYSE:JCI) set at $2.7 according to the sentiments of 16 analysts, while its lowest earnings estimates are $2.5 and highest earnings estimates are $2.79.

According to 12 analysts, Johnson Controls International plc Ordinary Share (NYSE:JCI)’s revenue estimates for the current quarter are $7.29B meanwhile the company has high revenue estimates of $7.36B in contradiction of low revenue estimates of $7.21B. For the current year the company’s revenue estimates are $30.64B compared to low analyst estimates of $30.24B and high estimates of $30.93B according to the projection of 15 analysts.

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