Johnson Controls International logged a -1.2% change during today's afternoon session, and is now trading at a price of $108.03 per share.
Johnson Controls International returned gains of 44.7% last year, with its stock price reaching a high of $112.63 and a low of $68.03. Over the same period, the stock outperformed the S&P 500 index by 27.9%. More recently, the company's 50-day average price was $106.93. Johnson Controls International plc, together with its subsidiaries, engages in engineering, manufacturing, commissioning, and retrofitting building products and systems in the United States, Europe, the Asia Pacific, and internationally. Based in Cork, Ireland, the Large-Cap Industrials company has 94,000 full time employees. Johnson Controls International has offered a 1.4% dividend yield over the last 12 months.
The Firm Has a Declining EPS Growth Trend:
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Revenue (M) | $23,968 | $22,317 | $23,668 | $20,637 | $22,331 | $22,952 |
| Gross Margins | 32% | 33% | 34% | 34% | 35% | 35% |
| Net Margins | 24% | 3% | 7% | 7% | 8% | 7% |
| Net Income (M) | $5,674 | $631 | $1,637 | $1,532 | $1,849 | $1,705 |
| Net Interest Expense (M) | $335 | $240 | $219 | $225 | $288 | $361 |
| Depreciation & Amort. (M) | $825 | $822 | $845 | $717 | $745 | $816 |
| Diluted Shares (M) | 774 | 726 | 710 | 690 | 682 | 665 |
| Earnings Per Share | $6.49 | $0.84 | $2.27 | $2.19 | $2.69 | $2.52 |
| EPS Growth | n/a | -87.06% | 170.24% | -3.52% | 22.83% | -6.32% |
| Avg. Price | $35.81 | $35.43 | $63.97 | $59.67 | $57.64 | $108.02 |
| P/E Ratio | 5.49 | 42.18 | 28.06 | 27.12 | 21.35 | 42.7 |
| Free Cash Flow (M) | $1,157 | $2,036 | $1,999 | $750 | $1,410 | $1,511 |
| CAPEX (M) | $586 | $443 | $552 | $487 | $446 | $494 |
| EV / EBITDA | 16.95 | 18.28 | 14.89 | 26.31 | 24.78 | 33.96 |
| Total Debt (M) | $6,421 | $7,731 | $7,663 | $8,649 | $8,604 | $9,104 |
| Net Debt / EBITDA | 2.27 | 3.42 | 1.87 | 3.9 | 3.66 | 3.36 |
| Current Ratio | 1.17 | 1.18 | 1.04 | 1.02 | 0.97 | 1.02 |
Johnson Controls International has slight revenue growth and a flat capital expenditure trend, similar gross margins to its peers, and positive cash flows. The company's financial statements also display just enough current assets to cover current liabilities, as shown by its current ratio of 1.02 and significant leverage levels. Furthermore, the firm has declining EPS growth.
Johnson Controls International's Valuation Is in Line With Its Sector Averages:
Johnson Controls International has a trailing twelve month P/E ratio of 35.8, compared to an average of 24.03 for the Industrials sector. Based on its EPS guidance of $4.19, the company has a forward P/E ratio of 25.5. The -6.1% compound average growth rate of Johnson Controls International's historical and projected earnings per share yields a PEG ratio of -5.9. This indicates that its shares are overvalued.Furthermore, Johnson Controls International is likely overvalued compared to the book value of its equity, since its P/B ratio of 4.47 is higher than the sector average of 2.89. The company's shares are currently trading 193.4% below their Graham number.
There's an Analyst Consensus of Some Upside Potential for Johnson Controls International:
The 19 analysts following Johnson Controls International have set target prices ranging from $79.0 to $133.0 per share, for an average of $114.47 with a buy rating. The company is trading -5.6% away from its average target price, indicating that there is an analyst consensus of some upside potential.
Johnson Controls International has an average amount of shares sold short because 5.7% of the company's shares are sold short. Institutions own 93.0% of the company's shares, and the insider ownership rate stands at 0.23%, suggesting a small amount of insider investors. The largest shareholder is Vanguard Group Inc, whose 11% stake in the company is worth $7,493,204,246.
