Company Update: Johnson Controls Inc (NYSE:JCI) – Johnson Controls products recognized by U.S. EPA as ENERGY STAR Most Efficient 2016

[PR Newswire] – MILWAUKEE, March 1, 2016 /PRNewswire/ — Johnson Controls announces two of its York Affinity residential air conditioners and one York Affinity residential heat pump have been recognized as ENERGY … Read more on this. Johnson Controls Inc. (JCI) , currently valued at $24.27B, opened this morning at $36.85. Shares have traded today between $36.80 and $37.57 per share and has traded between $33.62 and $54.52 over the past year. Johnson Controls (JCI) shares are currently priced at 9.69x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s 9.50x earnings multiple for the same period. And for dividend hunters, the company pays shareholders $1.16 per share annually in dividends, yielding 3.14%. According to a consensus of 17 analysts, the earnings estimate of $0.83 per share would be $0.10 better than the year-ago quarter and a $0.01 sequential increase. Investors should also note that the full-year EPS estimate of $3.76 is a $0.34 better when compared to the previous year’s annual results. The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $9.05 Billion. If realized, that would be a 1.63% decrease over the year-ago quarter. In terms of ratings, Oppenheimer Initiated JCI at Outperform (Jan 7, 2016). Previously, Nomura upgraded JCI from Neutral to Buy. When considering if perhaps the stock is under or overvalued, the average price target is $45.94, which is 24.67% above where the stock opened this morning. See more in (NYSE:JCI) Similar Articles: Stock Update: Johnson Controls Inc (NYSE:JCI) – Johnson Controls reports double digit 2016 first quarter adjusted earnings per share improvement Market Update: Johnson Controls Inc (NYSE:JCI) – Johnson Controls announces First Quarter 2016 Earnings Conference Call Webcast Market Update: Johnson Controls Inc (NYSE:JCI) – Johnson Controls Announces New Automotive Company to be Named Adient