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Johnson Controls International Plc Stock Price Forecast: 2023 Q1 Earnings Preview

Table 1: Johnson Controls International Plc Key Metrics

Metric Value
Current Stock Price $42.63
52-Week High $48.69
52-Week Low $36.09
Market Capitalization $35.04B
Trailing P/E Ratio 17.23
Forward P/E Ratio 15.84
Dividend Yield 1.96%

Recent Developments

Table 2: Acquisition of FogHorn Systems

Date Acquisition
March 2023 Johnson Controls announced the acquisition of FogHorn Systems, a leading provider of edge intelligence software and solutions.

The acquisition of FogHorn Systems is expected to enhance Johnson Controls' position in the growing market for edge computing and artificial intelligence (AI).

johnson controls international plc stock price

Market Outlook

The global smart buildings market, which Johnson Controls operates in, is projected to reach $122.4 billion by 2027, growing at a CAGR of 12.4% from 2022 to 2027, according to Grand View Research.

Financial Performance

Table 3: Johnson Controls International Plc Financial Performance

Period Revenue ($B) Net Income ($B)
2022 Q4 6.11 0.44
2023 Q1 (est.) 6.24 0.46

Analysts expect Johnson Controls to report revenue of $6.24 billion and net income of $0.46 billion for the first quarter of 2023.

Earnings Preview

The company is scheduled to release its first-quarter 2023 financial results on Wednesday, April 26, 2023.

Johnson Controls International Plc Stock Price Forecast: 2023 Q1 Earnings Preview

Investment Thesis

Johnson Controls is a well-established company with a strong position in the smart buildings market. The company's recent acquisitions and its focus on innovation position it well for future growth.

Risks

However, there are some risks to consider before investing in Johnson Controls. These include:

  • Competition from other major players in the smart buildings market, such as Siemens and Schneider Electric
  • Economic downturn, which could reduce demand for smart buildings solutions
  • Fluctuations in the price of raw materials, which could affect the company's profitability

Valuation

Table 4: Johnson Controls International Plc Valuation Metrics

Metric Value
Trailing P/E Ratio 17.23
Forward P/E Ratio 15.84
PEG Ratio 1.23
Price to Sales Ratio 1.52

Based on these valuation metrics, Johnson Controls appears to be fairly valued at current levels.

Conclusion

Johnson Controls is a well-positioned company with a strong track record of growth. The company's recent acquisitions and its focus on innovation position it well for future growth. However, investors should be aware of the risks associated with investing in Johnson Controls before making a decision.

Tips for Investing in Johnson Controls

  • Do your research. Before you invest in Johnson Controls, it's important to do your research to understand the company's business, financial performance, and competitive landscape.
  • Consider your investment goals. What are your goals for investing in Johnson Controls? Are you looking for long-term growth or short-term gains?
  • Diversify your portfolio. Don't put all your eggs in one basket. Consider diversifying your portfolio by investing in a variety of stocks, bonds, and other financial products.
  • Monitor your investment. Once you've invested in Johnson Controls, it's important to monitor your investment regularly. This will help you to identify any potential problems and to make sure that your investment is still meeting your goals.

Step-by-Step Approach to Investing in Johnson Controls

  1. Open a brokerage account. The first step to investing in Johnson Controls is to open a brokerage account. There are many different brokerages to choose from, so it's important to do your research to find the right one for you.
  2. Fund your account. Once you've opened a brokerage account, you'll need to fund it with money. You can do this by transferring money from your bank account or by depositing a check.
  3. Place an order. Once you've funded your account, you can place an order to buy Johnson Controls stock. You'll need to specify the number of shares you want to buy and the price you're willing to pay.
  4. Monitor your investment. Once you've invested in Johnson Controls, it's important to monitor your investment regularly. This will help you to identify any potential problems and to make sure that your investment is still meeting your goals.
Time:2024-12-31 14:23:47 UTC

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