GRID, ETN, JCI, PWR: ETF Inflow Alert
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 23 2024
0mins
Should l Buy JCI?
Source: NASDAQ.COM
- Stock Price Analysis: The article discusses GRID's stock price range, with a low of $85.10 and a high of $121.65 in the past 52 weeks. The last trade was at $120.52, and it compares this to the 200-day moving average for technical analysis.
- Exchange Traded Funds (ETFs): ETFs are highlighted as trading like stocks but involve buying and selling "units." These units can be traded back and forth like stocks or created/destroyed based on investor demand, impacting underlying holdings.
- Monitoring ETF Flows: The article mentions monitoring week-over-week changes in shares outstanding data for ETFs to track notable inflows (new units created) or outflows (old units destroyed), which can affect the ETF's underlying components.
- Notable Inflows: It references finding out about 9 other ETFs with notable inflows, indicating increased investor interest and potential impacts on underlying holdings.
- Disclaimer: The views expressed in the article are those of the author and may not necessarily reflect those of Nasdaq, Inc.
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Analyst Views on JCI
Wall Street analysts forecast JCI stock price to fall
11 Analyst Rating
6 Buy
5 Hold
0 Sell
Moderate Buy
Current: 143.140
Low
130.00
Averages
139.20
High
154.00
Current: 143.140
Low
130.00
Averages
139.20
High
154.00
About JCI
Johnson Controls International plc is a global technology company. It specializes in energy efficiency, decarbonization, thermal management and mission-critical performance, which helps customers use energy more productively, reduce carbon emissions, and operate with the precision and resilience required in expanding industries such as data centers, healthcare, and advanced manufacturing. Its segments include the Americas, EMEA, and APAC. It is engaged in engineering, manufacturing, commissioning and retrofitting building products and systems, including commercial heating, ventilating, air-conditioning (HVAC) equipment, industrial refrigeration systems, controls, and security systems. It serves customers by providing technical services, including maintenance, management, repair, retrofit and replacement of equipment and energy-management consulting. It also offers OpenBlue digital ecosystem to optimize real-time airflow in buildings based on occupancy for customers across industries.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
- Significant Order Growth: Johnson Controls reported a 30% increase in orders for Q2, building on nearly 40% growth from the previous quarter, indicating a strong demand environment that enhances market share and customer trust.
- Record Backlog: The company’s backlog grew by 26% to a record $20 billion, showcasing robust future revenue potential while providing stable cash flow and financial flexibility for ongoing operations.
- Improved Profitability: Adjusted EBIT margin expanded by 310 basis points to 15.5%, with adjusted EPS rising 45% year-over-year to $1.19, reflecting significant improvements in operational efficiency and cost management.
- Optimistic Outlook: Management anticipates approximately 6% organic sales growth for Q3 and has raised the full-year adjusted EPS guidance to around $4.85, demonstrating confidence in future performance despite some short-term challenges.
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- Earnings Announcement: Johnson Controls International (JCI) is set to release its Q2 earnings report on May 6 before market open, with consensus EPS estimates at $1.12, reflecting a robust 36.6% year-over-year growth that underscores the company's strong profitability.
- Revenue Growth Expectations: The anticipated revenue for Q2 stands at $6.08 billion, representing a 7.0% increase year-over-year, indicating sustained revenue growth amid strong market demand, which further solidifies the company's market position.
- Historical Performance: Over the past two years, JCI has consistently beaten EPS estimates 100% of the time and exceeded revenue estimates 75% of the time, demonstrating the company's stability and reliability in financial performance.
- Revision Trends: In the last three months, EPS estimates have seen 17 upward revisions and 1 downward revision, while revenue estimates experienced 14 upward revisions and 2 downward revisions, reflecting analysts' optimistic sentiment regarding the company's future performance, which could further drive stock price appreciation.
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Company Overview: Johnson Controls International PLC is a global leader in building technologies and solutions.
Stock Price Update: Barclays has raised the target price for Johnson Controls' stock from $136 to $144.
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- Q3 Earnings Forecast: Johnson Controls anticipates adjusted earnings of approximately $1.28 per share for Q3, driven by about 6% organic revenue growth, reflecting the company's stable performance in ongoing operations and aiming to bolster investor confidence.
- Fiscal 2025 Outlook Upgrade: The company has raised its fiscal 2025 adjusted earnings forecast to about $4.85 per share from a previous estimate of $4.70, indicating an optimistic outlook for future sales growth, with organic sales growth expected to remain around 6%.
- Market Reaction: In pre-market trading on Wednesday, JCI's stock was priced at $143.90, down $0.95 or 0.66%, suggesting a cautious market response despite the positive outlook, possibly reflecting investor concerns about the broader economic environment.
- Long-term Growth Potential: By raising its earnings expectations, Johnson Controls not only demonstrates its competitive edge in the industry but also signals its capability to achieve sustainable growth in the coming years, further solidifying its market position.
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- Strong Performance: Johnson Controls (JCI) reported Q2 revenue of approximately $6.1 billion, an 8% increase that surpassed Wall Street's expectations of $6.08 billion, reflecting robust demand in HVAC and smart building technologies.
- Uneven Regional Growth: Despite solid overall results, organic sales in Europe, the Middle East, and Africa grew only 1%, significantly lagging behind other regions due to disruptions from Middle East conflicts, indicating potential challenges for future revenue growth.
- Strong Orders and Cash Flow: The company saw a 30% organic increase in orders, with a record backlog of $20 billion; however, while cash flow remained solid, adjusted free cash flow conversion fell short of ideal levels due to specific adjustments, which may affect investor confidence.
- Cautious Outlook: JCI raised its full-year organic sales growth forecast to about 6% and adjusted earnings to approximately $4.85 per share, but the modest guidance increase relative to strong first-half performance may disappoint investors seeking a more aggressive revision.
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- Significant Earnings Growth: Johnson Controls reported GAAP earnings per share of $0.99 and adjusted EPS of $1.19 for Q2 2026, with sales increasing 8% to $6.1 billion, demonstrating strong market performance.
- Record Orders and Backlog: Orders grew by 30%, and backlog reached a record $20 billion, reflecting robust demand in data centers and other high-growth, technology-driven environments, further solidifying the company's market position.
- Strong Regional Performance: The Americas region achieved sales of $4.121 billion, a 7% year-over-year increase, while the Asia-Pacific region saw a 16% sales growth, showcasing the company's broad appeal and competitiveness in global markets.
- Optimistic Future Outlook: Based on strong first-half performance, the company raised its full-year guidance for 2026, indicating management's confidence in future growth and commitment to shareholder value.
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