Momentum Stock Watch: Johnson Controls International plc (JCI)

Company Profile:

Johnson Controls International plc operates as a diversified technology and multi industrial company worldwide. The company designs, sells, installs, and services heating, ventilating, and air conditioning systems, controls systems, integrated electronic security systems, and integrated fire detection and suppression systems for commercial, industrial, retail, small business, institutional, and governmental customers; and energy efficiency solutions and technical services, including inspection, scheduled maintenance, and repair and replacement of mechanical and control systems to non-residential building and industrial applications. The company was formerly known as Johnson Controls, Inc. and changed its name to Johnson Controls International plc in September 2016. Johnson Controls International plc was founded in 1885 and is headquartered in Cork, Ireland.

Recent News:

The board of the company has approved a regular quarterly cash dividend of $0.26 per common share payable on Jan. 10, 2020 to shareholders of record at the close of business on Dec.16, 2019. Johnson Controls has paid a consecutive dividend since 1887.

Johnson Controls reported fiscal fourth quarter 2019 GAAP earnings per share (“EPS”) from continuing operations, including special items, of $0.77. Excluding special items, adjusted EPS from continuing operations was $0.78, up 37% versus the prior year period. Sales of $6.3 billion increased 1% compared to the prior year.

Fundamental Analysis:

Ninestocks analyzes several different financial aspects: Growth, Profitability, solvency and efficiency.

Growth – Measures the growth of both the company’s income statement and cash flow.

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Profitability – Measures the historical price movement of the stock.

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Solvency – Measures the solvency of the company based on several ratios.

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Efficiency – Measures the strength and historic growth of a company’s return on invested capital.

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Conclusion:

JCI’s strengths can be seen in its strong growth, strong profitability and better solvency compared with its peers. Technical indicators signal the bullish signs, as there is a bullish crossover in Stochastic oscillator, MACD is trying to cross back up and the RSI stands at 43.93 with positive bias. We rate Johnson Controls International plc (JCI) a STRONG BUY.