Stock To Watch: United Technologies Corporation (NYSE:UTX)


The leading market experts have placed a mean price target of $111.78 on United Technologies Corporation (NYSE:UTX) stock. This price level, which is estimated to be attained in one-year indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $1.68 a share for the upcoming quarter and $6.56 for the current fiscal. Technical View The technical analysis of United Technologies Corporation plainly substantiates that the 50-day moving average of United Technologies Corporation is $100.82, and stock is hovering 0.44 or +0.44% distant from $100.82. It is noted that the 200-day MA is $96.58, and United Technologies Corporation stock is $4.68 or +4.85% off from this point. United Technologies Corporation (NYSE:UTX) 52-week high is $114.83 and the 52-week low is $83.39. This explains if the stock moves $-13.57, it will post a 52-week high. In event of $+21.43% points decline, a 52-week low will be hit. Taking the Valuation Aspect To emphasize the valuation of United Technologies Corporation, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, United Technologies Corporation (NYSE:UTX) ratio came in at 11.87. The stock last ended the trading session at $101.26 and registered a market cap of $84.74B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. United Technologies Corporation (NYSE:UTX) PEG ratio is at 1.70.

1 Chart Pattern Every Investor Should Know

This little-known pattern preceded moves of 578% in ARWR, 562% in LCI, 513% in ICPT, 439% in EGRX, 408% in ADDUS and more...

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