Over the past five years,
Johnson Controls International (NYSE:JCI) investors have seen their returns rise more quickly than the earnings growth. Despite some on-the-day losses, JCI's stock has consistently outperformed its competitors. Recent transactions include the sale of 37,387 shares by
Great Lakes Advisors LLC and shares worth over $13,000 by a Johnson Controls executive. The company's recent moves, such as up-sizing its cash tender offers for senior notes and selling its air distribution technologies business, demonstrate strategic portfolio streamlining. Following valuation analysis, JCI is deemed an undervalued tech stock with high potential for growth. Recently, the company announced solid Q2 results and maintained its FY 2024 guidance. However, there are cautionary signals as insiders have recently sold approximately $1.8million of stock. In terms of future prospects, Johnson Controls has announced its intention to present at the
Wolfe Research Global Transportation & Industrials Conference. Furthermore, their commitment towards sustainability is evident as the company is named the overall leader for its smart building management platform and reports significant progress towards 2024 sustainability targets.
Johnson Controls International Plc JCI News Analytics from Mon, 20 Nov 2023 08:00:00 GMT to Sun, 08 Sep 2024 10:42:19 GMT -
Rating 2
- Innovation 5
- Information 7
- Rumor -5
