Johnson Controls International (NYSE:JCI).
September 16 investment analysts at UBS maintained a stock rating of “Buy” but lowered the price target from $59.00 to $51.00. Bernstein initiated coverage on JCI with an initial rating of “Buy” and establishing a price target of $51.00.
Equity analyst Atlantic Equities began coverage of JCI setting a rating of “Overweight”. On September 8 Macquarie kept the company rating at “Outperform” and moved up the price target to $55.00 from $54.00.
On September 6, 2016 RBC Capital began coverage of the stock giving it an initial rating of “Sector Perform”.
The company is trading up by 1.56% since yesterday’s close of $44.29. Additionally the company recently announced a dividend which was paid on Friday the 19th of August 2016. The dividend was $0.290 per share for the quarter or $1.16 on an annualized basis. The dividend yield was $2.61. The ex-dividend date was Wednesday the 3rd of August 2016.
Shares of the company are trading at $44.98 a bit lower than $47.10, the stock’s 50 day moving average and just below the 200 day moving average of $45.14. The 50 day moving average was down $-2.12 or -4.49% whereas the 200 day average was down by -0.36%.
The P/E ratio is currently 44.67 and the market cap is 28.69B. As of the last earnings report the EPS was $1.01 and is expected to be $3.55 for the current year with 637,745,000 shares now outstanding. Next quarter’s EPS is estimated at $0.62 with next year’s EPS anticipated to be $2.91.