|Bid||0.00 x 900|
|Ask||0.00 x 900|
|Day's range||66.72 - 67.31|
|52-week range||45.52 - 81.77|
|Beta (5Y monthly)||1.16|
|PE ratio (TTM)||46.42|
|Earnings date||03 Nov 2022|
|Forward dividend & yield||1.40 (2.46%)|
|Ex-dividend date||23 Sept 2022|
|1y target est||N/A|
Johnson Controls International ( NYSE:JCI ) Full Year 2022 Results Key Financial Results Revenue: US$25.3b (up 6.9...
The answer to this question is based somewhat on how you interpret the company's full-year fiscal 2023 guidance. The latter would make Johnson Controls look like an investing option with fantastic growth at a reasonable price, while the former would make it slightly overvalued as measured by a forward price-to-earnings ratio of 20. Discussing the matter on the earnings call, CFO Olivier Leonetti said that "we wanted to give you a bookend of how we will perform in the case we would have a major slowdown of GDP" -- gross domestic product is typically how the financial sector measures the economy at large.
Shares in building technology and heating, ventilation, and air conditioning (HVAC) company Johnson Controls (NYSE: JCI) rose by 17.5% in October, according to data provided by S&P Global Market Intelligence. The move comes as part of a general rise in the S&P 500 index in the month (up 8%) and a growing realization among investors that Johnson Controls is heading for a strong year. In addition, Johnson Controls' solutions help building owners increase building efficiency and meet their net-zero carbon emissions goals.