Company Of The Day: Johnson Controls Global Products Sales

+35.88%
Upside
51.81
Market
70.40
Trefis
JCI: Johnson Controls logo
JCI
Johnson Controls

What?

Johnson Controls (NYSE:JCI) Global Products Sales declined from around $8.6 billion in 2019 to about $8 billion in 2020. Trefis expects the metric to recover to about $8.6 billion in 2021 and to around $9.2 billion in 2022.

Why?

Relevant Articles
  1. What’s Happening With Johnson Controls Stock?
  2. Should You Buy Johnson Controls Stock At $70?
  3. What To Expect From Johnson Controls Stock Following Its Q1 FY2022 Results?
  4. Forecast Of The Day: Johnson Controls Asia Pacific Building Solutions Revenue
  5. This HVAC Company Appears To Be A Better Bet Over Johnson Controls Stock
  6. What To Expect From Johnson Controls Stock Q4 FY2021 Results?

While sales decline in 2020 due to the impact of the Covid-19 pandemic, we expect longer-term growth to be driven by the company’s strong systems integrations capabilities and partnerships and distribution channels in major emerging markets.

So What?

We value JCI stock at about $83 per share, about 7% ahead of the current market price.

See Our Complete Analysis For Johnson Controls

What if you’re looking for a more balanced portfolio instead? Here’s a high-quality portfolio that’s beaten the market consistently since the end of 2016.

Invest with Trefis Market Beating Portfolios
See all Trefis Price Estimates