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.
UTX was given price targets by several analysts. The highest 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. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.
In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -0.87 percent. The average change in earnings estimates over the last 90 days is -1.15 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 0 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 0.23 percent.
People are often interested in whether analysts were united in the direction of their revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 6 analysts revised their estimates downwards. Over the same time period, 2 analysts revised their FY earnings estimates upwards, compared to 2 analysts that revised their FY estimates downwards.
UTX has an estimated earnings growth rate of -0.5 percent as forecasted by analysts. People on Wall Street often look at a company's PEG ratio. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. People often look for the PEG ratio to be under 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. UTX has a PEG ratio of -36.16.
UTX has traded between a high of 124.79 and a low of 97.62 over the past year. Today's price is 21.58 percent above the 52-week low, and 4.89 percent below the high. UTX has a price/earnings 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 stock has a market capitalization of $95.78 billion. UTX's next earnings release will be on 0000-00-00, which is days away.