- Barrons.com•3 days ago
JPMorgan analyst C. Stephen Tusa and team take a look at valuations among industrial stocks, including General Electric (GE), Honeywell International (HON), Ingersoll-Rand (IR), United Technologies (UTX), and Danaher (DHR), and find that the sector is "too expensive." They explain: We enter the stretch run on '16 in a different mindset than '15, having been bombarded over the past 8 months with the common refrain that the story means more than the numbers and valuation does not matter. On General Electric, we expect core operating performance to track below plan driven by weak fundamentals, particularly in oil & gas and transportation markets with little offsets from other segments.
- Reuters•4 days ago
The commercial aircraft unit of Airbus Group SE is confident in plans from engine maker Pratt & Whitney to solve production delays for its next-generation single-aisle planes, the A320neo, Chief Operating Officer for Customers John Leahy said Thursday. United Technologies Corp said earlier this month it would deliver 150 of its Pratt & Whitney engines this year, missing its target of 200 and pressuring cash flow. Separately, Leahy dismissed doubts over demand for the world's largest passenger plane, the double-decker A380, after Airbus lowered production targets in July.
United Technologies Corporation (UTX)
NYSE - NYSE Real Time Price. Currency in USD
|Bid||95.02 x 200|
|Ask||104.45 x 300|
|Day's Range||101.91 - 103.00|
|52wk Range||83.39 - 109.83|
|1y Target Est||N/A|
Trade prices are not sourced from all markets
|P/E Ratio (ttm)||12.10|
|Avg Vol (3m)||3,290,498|
|Dividend & Yield||2.64 (2.57%)|