Wednesday, 6 November 2013

United Technologies Corporation Interesting February 2014

United Technologies Corp. (UTX), valued at $99.11B, started the session at $107.96.
Today, shares have traded between $107.49 and $108.29 per share with a trailing 52-week range being $74.44 to $112.46.

In a review of the consensus earnings estimate this quarter, 22 sell-side analysts are looking at $1.52 per share, which would be $0.48 better than the year-ago quarter and a $0.02 sequential decrease. The full-year EPS estimate is $6.15 which would be a $0.80 better than last year’s full-year earnings.
The quarterly earnings estimate is predicated on a consensus revenue forecast of $17.16 Billion. If reported, that would be a 4.38% increase over the year-ago quarter.

Recently, Oppenheimer downgraded UTX from Outperform to Perform (Sep 28, 2012). Previously, Argus upgraded UTX from Hold to Buy. The average price target for UTX shares by the analysts covering the stock is $118.29, which is 9.57% above where the stock opened this morning. Read more: United Technologies Corporation

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