Johnson Controls (JCI, Financial) is witnessing a notable increase in bullish option activity, as evidenced by 4,094 call options being traded. This represents a volume that is 1.4 times higher than expected. Additionally, the company's implied volatility has risen by nearly four percentage points, reaching 45.95%.
The most active options are the Jun-25 95 calls and Jun-25 85 calls, collectively accounting for approximately 2,500 contracts. This surge in activity reflects growing investor interest in these specific strike prices.
The Put/Call Ratio currently stands at a low 0.07, indicating a significant tilt towards calls over puts. Investors should note that Johnson Controls is scheduled to release its earnings report on May 7th, which might be influencing the current trading patterns.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 18 analysts, the average target price for Johnson Controls International PLC (JCI, Financial) is $90.46 with a high estimate of $105.00 and a low estimate of $79.00. The average target implies an upside of 22.09% from the current price of $74.09. More detailed estimate data can be found on the Johnson Controls International PLC (JCI) Forecast page.
Based on the consensus recommendation from 23 brokerage firms, Johnson Controls International PLC's (JCI, Financial) average brokerage recommendation is currently 2.2, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Johnson Controls International PLC (JCI, Financial) in one year is $72.53, suggesting a downside of 2.1% from the current price of $74.0881. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Johnson Controls International PLC (JCI) Summary page.
