The shares of Johnson Controls International plc (NYSE:JCI) has been pegged with a rating of Outperform by Wells Fargo in its latest research note that was published on March 18th, 2019. The research company has also assigned a $42 price target. Wells Fargo wasnâ€™t the only research firm that published a report of Johnson Controls International plc, with other equities research analysts also giving their opinion on the stock. Credit Suisse advised investors in its research note published on October 12th, 2018, to Neutral the JCI stock. The stock had earned Underweight rating from JP Morgan when it published its report on September 21st, 2018. The stock was given Buy rating by Argus in its report released on August 21st, 2018. Morgan Stanley was of a view that JCI is Equal-Weight in its latest report on August 21st, 2018 while giving it a price target of $40. RBC Capital Mkts thinks that JCI is worth Underperform rating. This was contained in the firmâ€™s report on April 5th, 2018.
Amongst the analysts that rated the stock, 0 have recommended investors to sell it, 7 believe it has the potential for further growth, thus rating it as Hold while 4 advised investors to purchase the stock. The consensus currently stands at a Hold while its average price target is $38.00. The price of the stock the last time has raised by 27.51% from its Week high price while it is raised higher than its 52-Week low price. A look at the stockâ€™s other technical shows that its 14-day RSI now stands at 50.52.
The shares of the company added by 0.75% during the trading session on Friday, reaching a low of $35.73 while ending the day at $36.08. During the trading session, a total of 7.71 million shares were traded which represents a -74.35% decline from the average session volume which is 4.42M shares. JCI had ended its last session trading at 35.81. Johnson Controls International plc currently has a market cap of $32.87B, while its P/E ratio stands at 17.28, while its P/E earnings growth sits at 1.12, with a beta of 1.08. Johnson Controls International plc debt-to-equity ratio currently stands at 0.59, while its quick ratio hovers at 0.90. JCI 52-week low price stands at $28.30 while its 52-week high price is $40.33.
The company in its last quarterly report recorded $0.26 earnings per share which is above the $0.24 predicted by most analysts. The Johnson Controls International plc generated $5,464.00 million in revenue during the last quarter, which is slightly lower than the $5,468.37 million predicted by analysts. In the second quarter last year, the firm recorded $0.93 earnings per share. Compared to the same quarter last year, the firmâ€™s revenue was down by -257.69%. Johnson Controls International plc has the potential to record 2.09 EPS for the current fiscal year, according to equities analysts.
Investment analysts at Citigroup published a research note on April 10th, 2019 where it informed investors and clients that NIKE, Inc. (NYSE:NKE) is now rated as Buy. Their price target on the stock stands at $100. Credit Suisse also rated NKE as Initiated on October 12th, 2018, with its price target of $56 suggesting that NKE could surge by 5.07% from its current share price. Even though the stock has been trading at $85.00/share, analysts expect it to surge higher by 1.46% to reach $90.85/share. It started the day trading at $86.49 and traded between $85.29 and $86.24 throughout the trading session.
A look at its technical shows that NKEâ€™s 50-day SMA is 84.85 while its 200-day SMA stands at 79.39. The stock has a high of $88.59 for the year while the low is $64.99. The companyâ€™s P/E ratio currently sits at 34.26, while the P/B ratio is 15.13. At the moment, only of NIKE, Inc. shares were sold short. The companyâ€™s average trading volume currently stands at 6.24M shares, which means that the short-interest ratio is just 1.64 days. Over the past seven days, the company moved, with its shift of 0.98%. Looking further, the stock has raised 13.41% over the past 90 days while it gained 15.08% over the last six months.
The change in the stockâ€™s fortunes has led to several institutional investors altering their holdings of the stock. The Vanguard Group Inc bought more NKE shares, increasing its portfolio by +2.38% during the last quarter. This move now sees The Vanguard Group Inc purchasing 2,393,854 shares in the last quarter, thus it now holds 103,087,661 shares of NKE, with a total valuation of $8,681,011,933. Capital Research Management Co meanwhile sold more NKE shares in the recently filed quarter, changing its stake to $5,373,713,193 worth of shares. BlackRock Fund Advisors followed the path by increasing its NKE portfolio by +2.36% in the quarter. This means that BlackRock Fund Advisors bought 1,355,207 shares in the last quarter and now controls 58,677,705 shares of the NKE stock, with the valuation hitting $4,941,249,538.
Similarly, Capital Research Management Co decreased its NIKE, Inc. shares by -13.33% during the recently filed quarter. After selling -7,242,197 shares in the last quarter, the firm now controls 47,107,624 shares of NIKE, Inc. which are valued at $3,966,933,017. In the same vein, Wellington Management Co LLP decreased its NIKE, Inc. shares by during the most recent reported quarter. The firm sold -7,714,736 shares during the quarter which decreased its stakes to 31,014,278 shares and is now valued at $2,611,712,350. Following these latest developments, around 1.10% of NIKE, Inc. stocks are owned by institutional investors and hedge funds.