Johnson Controls' Fundamentals Continue to Improve; Large Share Repurchase Program Looming
We're maintaining our $46 fair value estimate after Johnson Controls' fiscal first-quarter earnings release. Johnson Controls' trend of strong organic growth and improving margins continued during the quarter. As a reminder, Johnson Controls announced the sale of its power solutions business in November; therefore, that segment will be reported as a discontinued operation until the sale is finalized, which management expects will occur by the end of June. Johnson Controls' continuing operations,...
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
We have operations in 27 countries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.