The Case for and Against Johnson Controls International plc (JCI)

Johnson Controls International plc (JCI) is an interesting player in the Consumer Goods space, with a focus on Auto Parts. The stock has been active on the tape, currently trading at $41.20, up from yesterday’s close by 0.61%. Given the stock’s recent action, it seemed like a good time to take a closer look at the company’s recent data.

Fundamental Analysis

This company has been competing with others in the Consumer Goods space and offers its own combination of interesting factors Johnson Controls International plc (JCI) currently trades with a market capitalization of $38.54 Billion.

The balance sheet health of any company plays a key role in its ability to meet its obligations and maintain the faith of its investment base. For JCI, you can get a sense of how sustainable that is by a levered free cash flow of $ over the past twelve months. Generally speaking, earnings are expected to fall in coming quarters. Analysts are forecasting earnings of $0.87 on a per share basis this quarter. Perhaps, that suggests something about why 83.47% of the outstanding share supply is held by institutional investors.

Technical Analysis

No analysis is ever complete without a thorough survey of a stock’s technical behavior. Looking at the stock’s movement on the chart, Johnson Controls International plc recorded a 52-week high of $46.17. It is now trading 4.97% off that level. The stock is trading $39.39 its 50-day moving average by -1.81%. The stock carved out a 52-week low down at $36.74.

In recent action, Johnson Controls International plc (JCI) has made a move of +5.08% over the past month, which has come on weak relative transaction volume. Over the trailing year, the stock is underperforming the S&P 500 by 17.45, and it’s gotten there by action that has been less volatile on a day-to-day basis than most other stocks on the exchange. In terms of the mechanics underlying that movement, traders will want to note that the stock is trading on a float of 3.33% with $927.12 Million sitting short, betting on future declines. That suggests something of the likelihood of a short squeeze in shares of JCI.

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