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.

Many analysts weighed in on price targets for UTX. The most optimistic analyst gave a price target of 140, implying potential capital gains of 17.95 percent. The minimum price target given was 117, implying potential capital losses of -1.42 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -0.87 percent. That number becomes -1.15 percent if we expand the time horizon to include the past 3 months instead of just one. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0 percent, as compared to a month ago. 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 made negative revisions. Also over the last month, 2 analysts increased their estimates for the FY earnings, 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. Investors like to see smaller values for the PEG ratio, as that can indicate whether the high price level of a stock is warranted by high growth. Wall Street investors typically prefer a PEG ratio to be smaller than 1, although it is frequently more appropriate to compare PEG ratios to the company's peers. UTX has a PEG ratio of -36.16.

In the trailing 52-weeks, UTX hit 124.79 at the highest peak, while it's lowest trading point was 97.62. The current market price is above the trailing year's low by 21.58 percent, and below the high by 4.89 percent. 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 stock has a market capitalization of $95.78 billion. UTX will post this quarters earnings in days, on 0000-00-00.