Johnson Controls Inc (JCI): Today's Featured Automotive Laggard

Johnson Controls (JCI) pushed the Automotive industry lower today making it today's featured Automotive laggard. The industry as a whole closed the day down 1.6%. By the end of trading, Johnson Controls fell 77 cents (-3%) to $24.51 on heavy volume. Throughout the day, 10.3 million shares of Johnson Controls exchanged hands as compared to its average daily volume of 5.2 million shares. The stock ranged in price between $24.25-$24.90 after having opened the day at $24.90 as compared to the previous trading day's close of $25.28. Other company's within the Automotive industry that declined today were: Quantum Fuel Systems Technologies Worldwide (QTWW), down 7.2%, Spartan Motors (SPAR), down 5.7%, Stoneridge (SRI), down 5.1%, and Supreme Industries (STS), down 4.9%.

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Johnson Controls, Inc. engages in building efficiency, automotive experience, and power solutions businesses worldwide. Johnson Controls has a market cap of $17.73 billion and is part of the consumer goods sector. The company has a P/E ratio of 10.4, below the average automotive industry P/E ratio of 10.7 and below the S&P 500 P/E ratio of 17.7. Shares are down 19.1% year to date as of the close of trading on Friday. Currently there are 16 analysts that rate Johnson Controls a buy, no analysts rate it a sell, and eight rate it a hold.

TheStreet Ratings rates Johnson Controls as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share, increase in net income, attractive valuation levels and good cash flow from operations. We feel these strengths outweigh the fact that the company shows low profit margins.

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For more information on Johnson Controls Inc click any of the following:

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