Performace - Week Ending 05/24/13
Texas (May 26, 2013) Wax Ink has issued a No Investment Interest rating for Johnson Controls, Inc. (NYSE: JCI) based on a recent baseline equity review which placed fair value between $32-$38.
The recent close of $37.03 is approximately 93% above the fair value buy target for the stock and approximately 6% below the fair value close target for the stock. The recent close is also 3% above analysts’ twelve-month $36.00 median target for the stock.
The recent close represents a 9% decrease in price since the last baseline equity review was conducted in April 2011.
The stock currently has a trailing twelve-month PE Ratio of 13, and a PEG Ratio of 0.8 basis estimated forward earnings growth of 15%.
In the past 52 weeks, share prices have moved between a high of $38.08 and a low of $23.37, placing equilibrium at $33.37.
With the recent close, the stock is trading 3% below the 52 week high, 37% above the 52 week low, and 10% above equilibrium, on an average daily trading volume of 3.93 million shares.
Johnson Controls, Inc. engages in building efficiency, automotive experience, and power solutions businesses worldwide.
The company competes with Siemens AG, United Technologies Corporation, Honeywell International, Inc., Magna International, Inc., and Schneider Electric SA.
All valuations are based on the listed company's most recent SEC annual filing, and all prices are per share.
Wax Ink currently has no investment position in the company mentioned in this alert.
Wax Ink is a baseline equity research company comprised of individual investors, NOT licensed or registered with ANY government agency.
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