Johnson Controls Inc (JCI): Today's Featured Automotive Loser
(
) pushed the Automotive industry lower today making it today's featured Automotive loser. The industry as a whole closed the day down 0.6%. By the end of trading, Johnson Controls fell 38 cents (-1.3%) to $30.14 on average volume. Throughout the day, 4.4 million shares of Johnson Controls exchanged hands as compared to its average daily volume of five million shares. The stock ranged in price between $29.75-$30.61 after having opened the day at $30.49 as compared to the previous trading day's close of $30.52. Other company's within the Automotive industry that declined today were:
(
), down 15.8%,
(
), down 3.8%,
(
), down 3.7%, and
TheStreet Recommends
(
), down 3.6%.
Johnson Controls, Inc. engages in building efficiency, automotive experience, and power solutions businesses worldwide. Johnson Controls has a market cap of $21.26 billion and is part of the
sector. The company has a P/E ratio of 12.9, equal to the average automotive industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are down 2.4% year to date as of the close of trading on Wednesday. Currently there are 17 analysts that rate Johnson Controls a buy, no analysts rate it a sell, and six rate it a hold.
TheStreet Ratings rates Johnson Controls as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in net income, attractive valuation levels, growth in earnings per share and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity.
- You can view the full Johnson Controls Ratings Report.
On the positive front,
(
), up 11.1%,
(
), up 3.9%,
(
), up 2.7%, and
(
), up 2.7%, were all gainers within the automotive industry with
(
) being today's featured automotive industry winner.
- Use our automotive section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the automotive industry could consider
Consumer Discretionary Sel Sec SPDR
(
) while those bearish on the automotive industry could consider
ProShares Ultra Sht Consumer Goods
(
).
- Find other investment ideas from our top rated ETFs lists.
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