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 $35.19, up from yesterday’s close by 0.28%. 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
Johnson Controls International plc (JCI) currently trades with a market capitalization of $32.59 Billion. That value represents a market adjusting for revenues that have been growing by 2.86 % on a quarterly year/year basis as of the company’s last quarterly report.
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 grow in coming quarters. Analysts are forecasting earnings of $0.79 on a per share basis this quarter. Perhaps, that suggests something about why 0.78% of the outstanding share supply is held by institutional investors.
As most professionals know, technical analysis can offer critical insights into what smart money and insiders think about a stock’s prospects going forward. Looking at the stock’s movement on the chart, Johnson Controls International plc recorded a 52-week high of $44.37. It is now trading 9.18% off that level. The stock is trading $34.86 its 50-day moving average by -0.33%. The stock carved out a 52-week low down at $32.89.
In recent action, Johnson Controls International plc (JCI) has made a move of -3.54% 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 14.11, 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 3.23% with $922.26 Million sitting short, betting on future declines. That suggests something of the likelihood of a short squeeze in shares of JCI.