Analyst Ratings for United Technologies Corp. (UTX)Updated: 2017-07-28
Analysts covering United Technologies Corp. (NYSE:UTX) have given it a consensus rating of Overweight. About 30 days ago, UTX was issued an average rating of Overweight.
A buy rating was issued by 9 analysts, 1 gave an overweight rating, 14 issued a hold rating, 0 issued an underweight rating, and 0 issued a sell rating. Today, there are 0 more analysts optimistic about the company future as compared with 90 days ago. Meanwhile, the number of analysts pessimistic about the company has increased by 0.
A number of analysts gave price targets for UTX. The most optimistic price target was 140, which equates to a potential upside of 17.95 percent. The minimum price target given was 117, implying potential capital losses of -1.42 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.
In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -0.87 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is -1.15 percent. Meanwhile, fiscal year estimates have been revised upwards by 0 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of 0.23 percent in FY estimates.
Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, which can be compared to the 6 analysts that decreased their estimates. Over the same time period, 2 analysts revised their FY earnings estimates upwards, while 2 analysts decreased their estimates.
Analysts estimate earnings of UTX to grow at a rate of -0.5 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. Wall Street investors typically prefer a PEG ratio to be smaller than 1, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of UTX is -36.16.
UTX has a 52-week high of 124.79 and a 52-week low of 97.62. Today's price is 21.58 percent above the 52-week low, and 4.89 percent below the high. UTX has a P/E ratio of 18.08. Investors typically compare the P/E ratio to a company's peers in the industry. The UTX value stock report compares UTX to some of its peers using value stock charts. The market cap of UTX is $95.78 billion. UTX will post this quarters earnings in days, on 0000-00-00.