Yahoo Finance Here's Why Johnson Controls (JCI) is a Strong Value Stock
It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors.
While you may have an investing style you rely on, finding great stocks is made easier with the Zacks Style Scores. These are complementary indicators that rate stocks based on value, growth, and/or momentum characteristics.
Why Investors Should Pay Attention to This Value Stock
Value investors love finding good stocks at good prices, especially before the broader market catches on to a stock's true value. Utilizing ratios like P/E, PEG, Price/Sales, and Price/Cash Flow, the Value Style Score identifies the most attractive and most discounted stocks.
Johnson Controls (JCI)
Johnson Controls was originally incorporated in the state of Wisconsin in 1885 as Johnson Electric Service Company. In September 2016, Johnson Controls completed its merger with Tyco, a global fire protection and security company, and since then the company is headquartered in Ireland.
JCI boasts a Value Style Score of B and VGM Score of B, and holds a Zacks Rank #3 (Hold) rating. Shares of Johnson Controls are trading at a forward earnings multiple of 18X, as well as a PEG Ratio of 1.8, a Price/Cash Flow ratio of 13.7X, and a Price/Sales ratio of 1.6X.
A company's earnings performance is important for value investors as well. For fiscal 2024, six analysts revised their earnings estimate higher in the last 60 days for JCI, while the Zacks Consensus Estimate has increased $0.06 to $3.65 per share. JCI also holds an average earnings surprise of 2%.
JCI should be on investors' short lists because of its impressive earnings and valuation fundamentals, a good Zacks Rank, and strong Value and VGM Style Scores.
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Johnson Controls International plc (JCI) : Free Stock Analysis Report
