JCI - Johnson Controls International plc
| Previous Close | 41.54 |
| Open | 41.85 |
| Bid | 41.60 x 800 |
| Ask | 42.61 x 1000 |
| Day's Range | 41.81 - 42.51 |
| 52 Week Range | 28.30 - 42.89 |
| Volume | 4,848,401 |
| Avg. Volume | 7,429,214 |
| Market Cap | 33.682B |
| Beta (3Y Monthly) | 1.07 |
| PE Ratio (TTM) | 6.60 |
| EPS (TTM) | 6.41 |
| Earnings Date | Nov 6, 2019 - Nov 11, 2019 |
| Forward Dividend & Yield | 1.04 (2.50%) |
| Ex-Dividend Date | 2019-06-21 |
| 1y Target Est | 42.50 |
- Zacks
JCI vs. AAXN: Which Stock Is the Better Value Option?
JCI vs. AAXN: Which Stock Is the Better Value Option?
- Motley Fool
8 Stocks That Have Paid a Dividend for 125 (or More) Consecutive Years
Income stocks don't get more consistent than this.
- Moody's
Hawaii (State of) -- Moody's changes outlook to positive on Hawaii (State of) Airport Enterprise, affirms A1 on senior lien bonds, A2 on certificates of participation
Moody's Investors Service ("Moody's") affirmed A1 on Hawaii (State of) Airport Enterprise's $975.8 million airport system revenue bonds and A2 on $167.7 million lease revenue certificates of participation. The A1 rating reflects the strength of the airport system's monopoly over commercial air travel to and from the islands, the essentiality of air service for both tourism and intrastate travel, full cost recovery without subsidies to airlines, relatively low debt + ANPL (adjusted net pension liability) per O&D enplaned passenger, and stable financial performance as measured by the steady service coverage ratios (DSCRs) and days cash on hand (DCOH). The airport system's liquidity is a key measure of its financial strength and while restricted cash will decline as the large on-going capital improvement program (CIP) is implemented, Moody's expects unrestricted cash to be maintained above 600 days cash on hand (DCOH) levels at the current rating.
- Simply Wall St.
Does Johnson Controls International (NYSE:JCI) Have A Healthy Balance Sheet?
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
- Zacks
Auto Stock Roundup: GPI, JCI Earnings Beat; GT, CMI, CTB Miss
Group 1 Automotive (GPI) and Johnson Controls' (JCI) earnings improve year over year while that of Goodyear (GT) and Cooper Tire (CTB) decline in the reported quarter.
Motley FoolJohnson Controls Inc (JCI) Q3 2019 Earnings Call Transcript
JCI earnings call for the period ending June 30, 2019.
- Zacks
Johnson Controls (JCI) Q3 Earnings and Revenues Top Estimates (Revised)
Johnson Controls (JCI) delivered earnings and revenue surprises of 3.17% and 0.53%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?
- Benzinga
Johnson Controls Reports Q3 Earnings Beat, Narrows Guidance
Johnson Controls Intl (NYSE: JCI ) reported third-quarter earnings of 65 cents per share, which beat the analyst consensus estimate of 63 cents by 3.17%. This is a 19.75% decrease over earnings of 81 cents ...
- PR Newswire
Johnson Controls reports strong organic revenue and earnings growth in fiscal Q3; Tightens fiscal 2019 EPS guidance to high end of previous range
- GAAP EPS from continuing operations of $0.16 per share, including special items - Adjusted EPS from continuing operations of $0.65 , up 20% versus prior year - Sales of $6.5 billion , up 3%, reflecting ...
- Benzinga
A Preview Of Johnson Controls Q2 Earnings
Johnson Controls (NYSE: JCI ) announces its next round of earnings this Wednesday, July 31. Here is Benzinga's everything-that-matters guide for this Wednesday's Q3 earnings announcement. Earnings and ...
- Moody's
CBHP Limited Partnership -- Moody's assigns A3 rating to CBHP Limited Partnership senior secured bonds; outlook stable
Moody's Investors Service ("Moody's") today assigned a first-time A3 rating to two amortizing senior secured bonds totaling approximately CAD290.7 million to be issued by CBHP Limited Partnership (Project Co or the Issuer). Project Co will use the bond proceeds to finance a portion of its obligations under a long-term project agreement (Project Agreement) with the Province of Newfoundland and Labrador (A1 stable) and the Western Regional Health Authority (WRHA) whose obligations are on a joint and several basis (collectively, the Authority) to design, build, finance, maintain and rehabilitate the new Corner Brook Acute Care Hospital Project in Corner Brook, Western Newfoundland (the Project).
- Zacks
Johnson Controls (JCI) to Post Q3 Earnings: What's in Store?
Johnson Controls' (JCI) divestiture of several businesses will likely lower revenues and profits in third-quarter fiscal 2019.
- Zacks
Analysts Estimate Johnson Controls (JCI) to Report a Decline in Earnings: What to Look Out for
Johnson Controls (JCI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- PR Newswire
Johnson Controls appoints Jeff Williams as vice president and president, Global Products, Building Technologies & Solutions
CORK, Ireland , July 23, 2019 /PRNewswire/ -- Johnson Controls International plc (NYSE: JCI) today announced it has named Jeff Williams as vice president and president, Global Products, Building Technologies ...
- Simply Wall St.
What does Johnson Controls International plc's (NYSE:JCI) Balance Sheet Tell Us About Its Future?
Johnson Controls International plc (NYSE:JCI), a large-cap worth US$33b, comes to mind for investors seeking a strong...
- InvestorPlace
7 Battery Stocks for High-Powered Gains
[Editor's note: "7 Battery Stocks for High-Powered Gains" was previously published in May 2019. It has since been updated to include the most relevant information available.]One of the underperforming sectors in the stock market today is the battery sector. Trade tensions, higher raw material costs and global inflation are just a few of the macroeconomic headwinds that consumer discretionary stocks face. Yet stock markets tend to over-exaggerate on the downside risks, punishing a sector on the view that things will not improve.Fundamentally, the battery market is undergoing a major shift. Electric vehicles are driving the demand for lithium-ion batteries. Solar power panel prices plunged in recent years. This is creating a potentially higher demand for battery solutions to store energy captured from such panels.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 7 Stocks Top Investors Are Buying Now How might investors play the battery boom led by growing electric vehicle production and a soaring number of devices needing portable power? Battery Stocks to Buy: Tesla (TSLA)Source: Shutterstock Let us start with Tesla (NASDAQ:TSLA). The stock has fallen by nearly 25% this year because its unit sales of EVs are under pressure. With government subsidies no longer supporting them as much, Tesla shares are underperforming.Still, the company's ambition extends beyond electric cars. On May 16, Tesla completed its acquisition of Maxwell. At a cost of just $200 million, it gains some valuable intellectual property. Maxwell is best known for its manufacturing of ultracapacitors, but it is also developing dry electrode technology for batteries.If Maxwell's R&D efforts pay off, the unit could bring performance enhancements for lithium-ion battery cells. For starters, Tesla could start manufacturing batteries that have an energy density of over 500Wh/kg. That would bring a 15% to 100% increase to Tesla's current battery technology.Informally, Tesla has the best battery technology in the auto industry. Adding Maxwell's IP may also result in lithium-ion batteries that gain in capacity and will not lose energy after charged. Ultimately, TSLA stock could start turning around once the company implements the new technology. Having battery technology that is even further ahead of that offered by other automobile manufacturers could drive Tesla EV sales.Tesla is facing a slowdown in sales of Model S and Model 3. It has a cross-over Model Y that is not yet on the market. Chances are good that both the Model Y release and new battery technology coming with it will give the stock a boost. Energizer Holdings (ENR)Source: Shutterstock Shares of Energizer Holdings (NYSE:ENR) are stuck in a narrow trading range of between $37.50 and $40,50. Known best for its Energizer bunny rabbit on television commercials, the company is more than just a battery company. It has ambitions for transforming into a diversified global household products leader. This change brings along with it high goals. Energizer aims to grow adjusted free cash flow to $330 million-$370 million in 2020.There are three goals:1\. Generating adjusted EBITDA of $650 million-$675 million. 2\. Driving organic sales growth through pricing, innovation, and distribution gains. 3\. Deleveraging its balance sheet to a net leverage ratio of 4 times.Energizer bolstered its battery business by completing its acquisition of Battery and Auto Care. In doing so, the company will establish itself as a global leader while adding brands to diversify its business. It expanded its manufacturing facilities. Plus, over the past five years, it optimized its legacy factories to improve on cost and efficiency.In its second quarter, Energizer took advantage of strong demand for its legacy batteries by raising prices. Energizer MAX and Energizer lithium product prices rose in the U.S. The company expects to complete the price hike in international markets by the end of the fiscal year. * 7 Stocks Top Investors Are Buying Now ENR shares trade at 12 times forward P/E. With its consumer battery business strong and auto battery entry underway, the stock has the potential to break out of the trading range. Enphase Energy (ENPH)Enphase Energy (NASDAQ:ENPH) surged to a new 52-week high after the company reported a strong first quarter. Revenue rose 43%, while the company issued a second-quarter revenue outlook. It now expects revenue in the range of $115 million-$125 million. This is above the $96 million analysts had expected.Enphase makes microinverters, which the company says "offer the most advanced inverter technology on the market, which means higher production, greater reliability, and unmatched intelligence." In the first quarter, Enphase shipped 976,410 microinverters. The company now has 2,500 homeowners that joined its Enphase Upgrade Program. In doing so, these customers get quality and service. And strong customer satisfaction is leading to more business.Enphase still grew revenue in the quarter despite facing component shortages in all of its regions. This implies that once the supply issues are resolved, revenue should grow at an even faster pace. Looking ahead, Enphase expects to have a capacity of 2 million microconverters by the fourth quarter of 2019. The higher supply will also cut its microinverter lead times to around 6-8 weeks.Enphase will expand its IQ7 microinverter regionally. Adding high-power and high-performance products, adding AC modules, and bringing Ensemble Solar and Storage technology will further drive revenue.ENPH stock is near a 52-week high but may continue climbing higher following that strong earnings report. Panasonic Corporation (PCRFY)Source: Panasonic Panasonic Corporation (OTCMKTS:PCRFY) fell to yearly lows on no recent bad news. On May 9, the company announced that it would team up with Toyota (NYSE: TM) to make smart homes. Panasonic is already an existing partner in supplying batteries for Toyota's electric vehicles. So with tens of thousands of homes potentially implementing a smart home, the partnership is a natural extension.Panasonic specializes in batteries and home appliances, while Toyota started developing robots that help with household jobs.In January, the two firms formed a joint venture for the manufacture of EV batteries. Toyota will own 51% of the venture while Panasonic will own the remaining 49%. The companies aim to increase battery capacity by 50 times, compared to those used in current Toyota hybrid vehicles. Mazda, Subaru and Daihatsu will source batteries from this joint venture. Honda already uses Panasonic batteries but will benefit from this new collaboration. * 7 Stocks Top Investors Are Buying Now Panasonic and Toyota will also develop solid-state batteries, which will eventually replace the lithium-ion batteries used in electric cars today. By offering a higher range at a lower cost, these new battery types could drive Panasonic's revenues higher. Johnson Controls (JCI)Source: Shutterstock Johnson Controls (NYSE:JCI) is the largest manufacturer of automotive batteries. The company consolidated its business in the second quarter when it closed the sale of Power Solutions ahead of schedule. Brookfield Business Partners closed its $13.2 billion acquisition of the battery unit on Apr. 30.With the battery unit sold, why should investors consider JCI stock? With growth prospects in other markets, investors could get some diversification away from battery suppliers. JCI's underlying fundamentals are strong and the company enjoys an $8.8 billion backlog. This gives it clear visibility into 2020.In the second quarter, JCI's adjusted sales grew 3% year-on-year as EPS grew 23% to 32 cents. The $5.8 billion in revenue from the Buildings unit is another bonus for holding the stock. Though JCI sold its battery unit, it still has institutional knowledge around the energy storage solutions market. For example, HVAC and controls rose in the mid-single digits while the fire and security unit is up in the mid-single-digit growth rate.For fiscal 2019, JCI expects adjusted free cash flow conversion topping 95%.On the balance sheet, JCI ended Q2 with $12.15 billion in debt. The sale of Power Solutions allows the company to cut debt by $3.4 billion. It has $8.2 billion to buyback shares. By investing back into the company, Johnson Controls' stock could trade at new highs in the coming months. Albemarle (ALB)Source: fdecomite via Flickr (Modified)In the specialty chemicals space, Albemarle (NYSE:ALB), which forecast revenue rising 8%-14% this year, benefited from lithium prices rising 3% from last year. The company reported revenue of $832 million and adjusted EBITDA of $226 million. Still, the company's EPS fell 5% year-on-year to $1.23.Albemarle noted on its conference call that global sales of electric vehicles rose by almost 60%. This led to battery production rising. The company generated sales of $292 million for lithium. Thanks to a long-term agreement structure, pricing rose 3%. * 7 Stocks Top Investors Are Buying Now For the full-year 2019, Albemarle expands sustained, strong demand for lithium. And although excess lithium carbonate from China hurt prices for carbonate, Albemarle will not compete in the same markets until pricing improves. Overall, management expects production growth of 15,000 to 20,000 metric tons and EBITDA growing in the high teens. With the company committed to 40% margins and existing long-term contracts in place, ALB stock should not stay at yearly lows for too long. Sociedad Quimica y Minera de Chile S.A. (SQM)Source: Shutterstock Sociedad Quimica y Minera de Chile S.A. (NYSE:SQM) is another lithium supplier. In April, it raised its lithium outlook and said it expected sales of around 50,000 tons. The higher output is due to its operations in the Atacama salt flat.SQM shares aren't far from their 52-week lows largely because of the company's disappointing first-quarter earnings report. . In Q1, the company's top and bottom lines came in meaningfully below analysts' average estimates.Investors are not confident that the company will meet the demand growth led by full electric vehicle penetration levels reaching ~2%. Still, if SQM can increase its total capacity this year and next, the company may eventually achieve its 180,000 metric ton output target. In the near-term, SQM will keep producing at levels about demand, accumulating inventory. In doing so, it will have more flexibility in selling in higher volume if prices and demand levels are favorable.For the rest of 2019, SQM expects pricing levels similar to last year's levels. Strategically, the company will not go after market share in the short-term. Instead, it expects demand in 2025 will top one million metric tons. From there, it is positioning the company to have the output capabilities to meet that demand level.As of this writing, Chris Lau did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Stocks Top Investors Are Buying Now * The 10 Best Cryptocurrencies to Keep on Your Radar * 7 Marijuana Penny Stocks That Could Triple (But You Won't Make Money) The post 7 Battery Stocks for High-Powered Gains appeared first on InvestorPlace.
- Moody's
Fengate PCL Progress Partners MBR LP -- Moody's assigns A3 rating to Fengate PCL Progress Partners MBR LP senior secured bonds; outlook stable
Moody's Investors Service ("Moody's") today assigned a first-time A3 rating to two amortizing senior secured bonds totaling approximately CAD144.5 million to be issued by Fengate PCL Progress Partners MBR LP (Project Co or the Issuer). Project Co will use the bond proceeds to finance a portion of its obligations under a long-term project agreement (Project Agreement) with the Province of Ontario (the Authority, Aa3 stable) to design, build, finance, maintain and rehabilitate the reconstruction of the MacDonald Block Complex in Toronto, Ontario (the Project). During the construction period, Project Co will receive construction period payments from the Authority and a Substantial Completion Payment upon completion.
- PR Newswire
Johnson Controls announces Third Quarter 2019 Earnings Conference Call Webcast
CORK, Ireland , July 15, 2019 /PRNewswire/ -- Johnson Controls International plc (NYSE: JCI) announces the following webcast: What: Johnson Controls Third Quarter Fiscal 2019 Earnings Conference Call ...
- Barrons.com
It’s Time To Trim Lennox, Even Though Air Conditioning is Hot
Lennox shares have returned 36% since November 2, when Barron’s recommend them. We still like the air-conditioning industry, but everything has its price.
- Investopedia
Why Soaring Homebuilding Stocks May Plunge Even As Fed Cuts Rates
Among the negatives are falling builder confidence, rising costs, labor shortages, trade tensions with China that may disrupt supplies of materials, and disappointing recent sales figures, according to a detailed story in The Wall Street Journal as outlined below. The S&P Homebuilders Select Industry Index has surged by 28.5% for this year through July 10, outdistancing the 19.4% gain for S&P 500 Index (SPX), per S&P Dow Jones Indices. A leading ETF tracking the homebuilding index, the SPDR S&P Homebuilders ETF (XHB), is up by 29.7% based on adjusted closing price data from Yahoo Finance.
- Barrons.com
United Technologies and 2 Other Air-Conditioning Stock Picks for a ‘Golden Era’ of Hot Returns
JPMorgan analyst Stephen Tusa likes United Technologies, Ingersoll-Rand, and Emerson Electric. He’s cooler on Lennox International.
- Simply Wall St.
Are Johnson Controls International plc (NYSE:JCI) Investors Paying Above The Intrinsic Value?
In this article we are going to estimate the intrinsic value of Johnson Controls International plc (NYSE:JCI) by...
- Insider Monkey
How Worldpay Inc and Other Hedge Fund Darlings Performed in Q2
Insider Monkey tracks hedge funds, billionaires, and prominent value investors for a very simple reason: their consensus picks generally outperform the market. We aren’t the only research shop broadcasting this fact using a bullhorn. Here is what strategist Ben Snider said in Goldman Sachs’ periodic hedge fund report: “Despite the strong track record of popular […]
- Bloomberg
Air Conditioning Is the World's Next Big Threat
(Bloomberg Opinion) -- The vast majority of Americans have air conditioning but in Germany almost nobody does. At least not yet.(2)So when temperatures in Berlin rose to an uncomfortable 37 Celsius (99 Fahrenheit) this week – a record for the month of June – I was uncommonly delighted to go to the Bloomberg office, where it’s artificially and blissfully cool.By letting people in overheated climates concentrate on their work and get a good night’s sleep, air conditioning has played a big part in driving global prosperity and happiness over the past few decades – and that revolution has still barely begun. About half of Chinese households have this modern tool, but of the 1.6 billion people living in India and Indonesia, only 88 million have access to air conditioning at home, Bloomberg New Energy Finance noted in a recent report.For many, relief is in sight. Because of the combination of population growth, rising incomes, falling equipment prices and urbanization, the number of air-conditioning units installed globally is set to jump from about 1.6 billion today to 5.6 billion by the middle of the century, according to the International Energy Agency.That’s encouraging news for U.S. manufacturers of cooling systems such as Carrier (United Technologies Corp), Ingersoll-Rand Plc and Johnson Controls International Plc. And because much of this growth will happen in Asia, Chinese companies such as Gree Electric Appliances, Qingdao Haier, Midea Group and Japan’s Daikin Industries Ltd should be big beneficiaries.There’s just one glaring problem: What will all this extra demand for electricity do to the climate? Carbon dioxide emissions rose another 2% in 2018, the fastest pace in seven years. That increase was alarming in its own right, given what we know about the unfolding climate emergency. But the proximate cause was especially troubling: Extreme weather led to more demand for air conditioning and heating in 2018, BP Plc explained in its annual review of energy sector.It’s not too hard to imagine a vicious cycle in which more hot weather begets ever more demand for air conditioning and thus even more need for power. That in turn means more emissions and even hotter temperatures.(3)That feedback loop exists at a local level too. Air-conditioning units funnel heat outside, exacerbating the so-called “urban heat island” effect, which makes cities warmer than the countryside. BNEF expects electricity demand from residential and commercial air conditioning to increase by more than 140% by 2050 – an increase that’s comparable to adding the European Union’s entire electricity consumption. Air conditioning will represent 12.7% of electricity demand by the middle of the century, compared to almost 9% now, it thinks.Thankfully, much of that extra requirement will be met by solar power (the need for cooling is highest during daylight hours). But because temperatures don’t always return to comfortable levels when the sun goes down, there’s a danger that some of the additional electricity will be supplied by fossil power.Buildings have long been a blind spot in climate discussions even though they account for about one-fifth of global energy consumption. The inefficiency of air-conditioning systems or badly designed homes and offices simply aren’t as eye-catching as electric cars and making people feel ashamed about flying. At least Germany’s “passivhaus” movement, a way of building homes that require very little heating or cooling, shows some people are starting to recognize the peril.There are lessons to be learned from the world of lighting too. The LED revolution was spurred by innovation but also by better energy efficiency labeling on products and the discontinuing of out-of-date technology. Something similar needs to happen with air conditioning. There was a big step forward in January when the Kigali Amendment to the Montreal Protocol came into force. Although not well known, its aim is to phase out the use of potent greenhouse gases called hydrofluorocarbons, which are used widely in air conditioning systems. Unless substituted, these alone could cause 0.4C of additional warming by the end of the century.Yet true to form, President Donald Trump’s administration hasn’t yet submitted Kigali to the Senate for ratification, even though American manufacturers would benefit from demand for the new technologies that it would spawn.Trump knows all about the importance of good air con. He spends much of his time at his Palm Beach country club, a place that couldn’t exist without it. So he’d do well to remember this: You can air condition the 19th hole but not the golf course. And it’s starting to get awfully hot outside.(1) In the U.S. 90% of households have air-con, in Germany it's about 3%, which is similar to the U.K.(2) Warmer winters may obviate the need for as much heating in temperate countries, but the need for more cooling in densely populated tropical places will probably cause a net increase in energy demand and emissions. See this study.To contact the author of this story: Chris Bryant at cbryant32@bloomberg.netTo contact the editor responsible for this story: James Boxell at jboxell@bloomberg.netThis column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Chris Bryant is a Bloomberg Opinion columnist covering industrial companies. He previously worked for the Financial Times.For more articles like this, please visit us at bloomberg.com/opinion©2019 Bloomberg L.P.
- Investopedia
3 Charts Suggest Cleantech Stocks Are Headed Higher
Bullish chart patterns are becoming increasingly harder to find, but the cleantech space seem to tell a different story.
