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 analyst gave a price target of 140, which equates to a potential upside of 17.95 percent. The most pessimistic analyst gave a price target of 117, which equates to a potential downside 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.
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. 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 made positive revisions to their quarterly estimates over the past month, while 6 analysts made negative revisions. Also over the last month, 2 analysts increased their estimates for the FY earnings, while 2 analysts made negative revisions to their fiscal year's estimates.
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. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. Many investors consider PEG ratios between 0 and 1 as preferrable, though it could be better to see where the ratio stands relative to peers in the industry. 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. Today's price is 21.58 percent above the 52-week low, 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.