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Johnson Controls International plc ($JCI) Stock Forecast: Up 1.2% Today

Morpher AI identified a bullish signal. The stock price may continue to rise based on the momentum of the good news.

What is Johnson Controls International plc?

Johnson Controls International (JCI) is a multinational conglomerate known for automotive parts like batteries and electronics, as well as HVAC equipment for buildings, operating in a competitive market focused on energy efficiency and sustainability.

Why is Johnson Controls International plc going up?

JCI stock is up 1.2% on Aug 30, 2024 14:41

  • 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.

JCI Price Chart

JCI News

Johnson Controls: Strategic Flywheel Gaining Momentum

No summary available.

https://seekingalpha.com/article/4717774-johnson-controls-stock-likely-approaching-strategic-breakout?source=feed_all_articles

News Article Image Johnson Controls: Strategic Flywheel Gaining Momentum

$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 1.08% on an annualized basis producing an average annual return of 13.15%. Currently, Johnson Controls Intl has a market capitalization of $47.14 billion.

https://www.benzinga.com/insights/news/24/08/40609650/100-invested-in-johnson-controls-intl-15-years-ago-would-be-worth-this-much-today

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

Johnson Controls'' New Emerging Risks Require A Cautious Look

Johnson Controls'' Q3 met expectations with EPS surpassing by $0.06, but revenues fell short by $140M. See why I downgrade JCI stock from buy to hold.

https://seekingalpha.com/article/4717542-johnson-controls-new-emerging-risks-require-cautious-look?source=feed_all_articles

News Article Image Johnson Controls'' New Emerging Risks Require A Cautious Look

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.

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.
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Disclaimer
Morpher is not liable for the content of the AI investment insights. Like most GPT-powered tools, these summaries may contain AI hallucinations and inaccurate information. Morpher is not presenting you with any investment advice. All investments involve risk, and the past performance of a security, industry, sector, market, or financial product does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs. These summaries do not constitute investment advice.