Johnson Controls International plc ($JCI) Stock Forecast: Up 9.2% Today

What is Johnson Controls International plc?

Johnson Controls (JCI) is a multinational conglomerate that produces automotive parts and HVAC equipment. The company has a market capitalization of $49.39 billion and has been showing strong performance in its HVAC & Controls business.

Why is Johnson Controls International plc going up?

JCI stock is up 9.2% on Nov 6, 2024 18:16

• Johnson Controls (JCI) reported Q4 earnings that beat estimates, showcasing a strong financial performance.
• The positive earnings surprise of 2.40% and revenue beat of 13.96% likely contributed to the bullish movement in the stock.
• The company's continued improvement in the HVAC & Controls business could have further boosted investor confidence and led to the stock's upward trajectory.
• Investors may have reacted positively to the outperformance of Johnson Controls Intl over the past 15 years, indicating a long-term track record of success and growth potential.

JCI Price Chart

JCI Technical Analysis

JCI News

Johnson Controls ( JCI ) Q4 Earnings Beat Estimates

Johnson Controls (JCI) delivered earnings and revenue surprises of 2.40% and 13.96%, respectively, for the quarter ended September 2024. Do the numbers hold clues to what lies ahead for the stock?

https://www.zacks.com/stock/news/2364957/johnson-controls-jci-q4-earnings-beat-estimates

CVS Health, Johnson Controls And 3 Stocks To Watch Heading Into Wednesday - CVS Health ( NYSE:CVS )

With U.S. stock futures trading higher this morning on Wednesday, some of the stocks that may grab investor focus today are as follows: Wall Street expects CVS Health Corporation CVS to report quarterly earnings at $1.53 per share on revenue of $92.75 billion before the opening bell, according to ...

https://www.benzinga.com/news/earnings/24/11/41766173/cvs-health-johnson-controls-and-3-stocks-to-watch-heading-into-wednesday

$100 Invested In Johnson Controls Intl 15 Years Ago Would Be Worth This Much Today - Johnson Controls Intl ( NYSE:JCI )

Johnson Controls Intl JCI has outperformed the market over the past 15 years by 1.13% on an annualized basis producing an average annual return of 12.75%. Currently, Johnson Controls Intl has a market capitalization of $49.39 billion.

https://www.benzinga.com/insights/news/24/11/41726328/100-invested-in-johnson-controls-intl-15-years-ago-would-be-worth-this-much-today

Johnson Controls Set to Report Q4 Earnings: Is a Beat in Store?

JCI's Q4 results are likely to benefit from continued improvement in the HVAC & Controls business.

https://www.zacks.com/stock/news/2363441/johnson-controls-set-to-report-q4-earnings-is-a-beat-in-store

Insights Into Johnson Controls ( JCI ) Q4: Wall Street Projections for Key Metrics

Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Johnson Controls (JCI), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended September 2024.

https://www.zacks.com/stock/news/2362491/insights-into-johnson-controls-jci-q4-wall-street-projections-for-key-metrics

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Johnson Controls International plc Price History

30.07.2024 - JCI Stock was up 1.2%

• JCI's strategic flywheel gaining momentum indicates positive long-term growth, potentially boosting investor confidence and driving a bullish movement in the stock.
• The outperformance of JCI compared to the market over the past 15 years reflects strong historical performance, appealing to investors seeking consistent returns and stability.
• Despite meeting earnings per share expectations in Q3, falling short on revenues and a subsequent downgrade from buy to hold may have caused initial market uncertainty. Nonetheless, the overall positive outlook on JCI's strategic direction appears to overshadow these concerns, contributing to the bullish movement in the stock.

06.10.2024 - JCI Stock was up 9.2%

• Johnson Controls (JCI) reported Q4 earnings that beat estimates, showcasing a strong financial performance.
• The positive earnings surprise of 2.40% and revenue beat of 13.96% likely contributed to the bullish movement in the stock.
• The company's continued improvement in the HVAC & Controls business could have further boosted investor confidence and led to the stock's upward trajectory.
• Investors may have reacted positively to the outperformance of Johnson Controls Intl over the past 15 years, indicating a long-term track record of success and growth potential.

06.10.2024 - JCI Stock was up 6.8%

• JCI experienced a bullish movement today, possibly influenced by positive market expectations and anticipation of strong quarterly earnings.
• The upcoming Q4 earnings report is expected to demonstrate improvement in the HVAC & Controls business, which may have contributed to the bullish sentiment.
• Investors may have been motivated by JCI's consistent outperformance in the market over the past 15 years, fostering increased confidence in the company's long-term growth potential.
• The bullish movement in JCI's stock price today was likely driven by positive market sentiment and expectations of a strong earnings report.

03.07.2023 - JCI Stock was down 5.0%

• The bearish movement in JCI's stock today can be attributed to the following factors:
• 1. Disappointing Q3 sales growth: JCI reported a 7.8% year-on-year increase in sales, which fell short of the consensus estimate. This underperformance may have led to a negative sentiment among investors, resulting in the bearish movement.
• 2. Missed revenue consensus: Despite reporting in-line adjusted earnings per share (EPS), JCI failed to meet the consensus revenue estimate of $7.19 billion. This could have raised concerns about the company's ability to generate sufficient revenue and impacted the stock negatively.
• 3. Lack of positive surprises: JCI's Q3 earnings and revenue figures did not provide any significant positive surprises, with both metrics meeting expectations. This may have disappointed investors who were hoping for better-than-expected results, leading to the bearish market movement.
• 4. Uncertainty about future prospects: The lack of clues in the earnings report regarding what lies ahead for JCI may have contributed to the bearish sentiment. Investors may be seeking clearer indications of the company's future growth prospects before making bullish moves.
• Overall, the bearish movement in JCI's stock today can be attributed to disappointing sales growth, missed revenue consensus, lack of positive surprises, and uncertainty about future prospects.

29.08.2023 - JCI Stock was up 5.1%

• JCI experienced a strong bullish movement today.
• The stock initially fell by 4.9% after the company disclosed a data breach, which raised concerns about cybersecurity.
• However, the stock rebounded and had a bullish movement, possibly due to positive investor sentiment and the acquisition of JCI shares by First County Bank CT.
• The news of a potential strike by Las Vegas hospitality workers and a massive ransomware attack on other companies may have also contributed to the overall bullish market movement.

17.00.2024 - JCI Stock was down 7.0%

• The appointment of Marc Vandiepenbeeck as the new executive vice president and CFO may have caused uncertainty or concerns among investors, leading to a bearish movement in JCI stock.
• The positive earnings report from 30 days ago may have initially boosted investor confidence, but the lack of further positive news or updates could have contributed to the bearish market movement.
• The article mentioning Lululemon Athletica Inc. (LULU) and its price target increase may have diverted investor attention away from JCI, resulting in a decline in JCI stock.
• Overall, the bearish movement in JCI stock could be attributed to the appointment of a new CFO, lack of recent positive news, and potential investor focus on other companies like Lululemon.

13.11.2023 - JCI Stock was down 5.7%

• The bearish movement in JCI's stock today can be attributed to the following factors:
• 1. Disappointing Q4 earnings: JCI reported sales growth below expectations, missing the consensus estimate. This indicates a potential slowdown in the company's performance, leading to a negative sentiment among investors.
• 2. Decline in global sales: JCI's stock drop can also be attributed to a decline in global sales. This suggests that the company may be facing challenges in its market reach and customer demand, impacting its overall financial performance.
• 3. Impact of cyberattack: The stock's bearish movement could be influenced by the impact of a cyberattack on JCI's earnings. This event may have raised concerns about the company's cybersecurity measures and potential vulnerabilities, leading to a loss of investor confidence.
• 4. Market sentiment and broader economic factors: While not directly related to JCI, the overall market sentiment and the release of inflation data may have contributed to the bearish movement. If investors perceive increased inflationary pressures, it could negatively affect companies like JCI, which may face higher input costs and potential margin pressures.
• In summary, JCI's bearish movement today can be attributed to disappointing earnings, a decline in global sales, the impact of a cyberattack, and broader market sentiment influenced by inflation data.

14.01.2024 - JCI Stock was up 5.0%

• A notable investment management firm has increased its position in JCI, indicating confidence in the company's prospects.
• Another significant investment has been made in JCI, further highlighting positive sentiment towards the stock.
• The positive market movement may be attributed to JCI's strong performance in the building products industry, where it competes favorably against peers.
• JCI's emphasis on energy efficiency and sustainability in buildings aligns with current market trends, contributing to its positive momentum.