|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||122.50 - 124.87|
|52 Week Range||109.10 - 139.24|
|PE Ratio (TTM)||21.59|
|Earnings Date||Apr 24, 2018|
|Forward Dividend & Yield||2.80 (2.27%)|
|1y Target Est||146.69|
United Technologies' (UTX) Q1 earnings are likely to be driven by strong aerospace and aftermarket business. However, high operating expenses may hurt margins.
The building will host over 6,000 visitors a year to showcase the company's innovative technologies.
Let’s take a look at Thomson Reuters–surveyed analysts’ recommendations for General Electric (GE). Between GE’s 4Q17 earnings and its 1Q18 earnings, analysts have become more negative on its stock. Only one analyst (5.9%) recommends a “buy,” while eight analysts (47.1%) recommend “holds” on the stock.
A spate of financial surprises by General Electric (GE) has taken the investor community by surprise. Due to the implementation of new revenue recognition rules, the value of GE’s contract assets has been written off. Analysts polled by Thomson Reuters expect General Electric to report revenue of $27.4 billion in 1Q18.
As of April 13, 2018, Honeywell’s (HON) one-year forward PE (price-to-earnings) multiple was 18.3x. In comparison, peer United Technologies (UTX) had a one-year forward PE multiple of 17.4x. After Honeywell announced its 4Q17 earnings, its valuation touched a high of 20.8x. However, recent market volatility has pushed HON’s and UTX’s valuation downward.
Major US industrial behemoth General Electric (GE) is set to announce its 1Q18 earnings on April 20, 2018, at 8:30 AM EDT. On the same day at 9:30 AM, the conglomerate will organize an earnings call to discuss its results with investors and analysts. A few days before GE’s 4Q17 earnings release, the company declared a $6.2 billion charge in GE Capital’s insurance portfolio.
PALM BEACH GARDENS, Fla., April 17, 2018 /PRNewswire/ -- One of the largest providers of building technologies today officially opened the new UTC Center for Intelligent Buildings – a state-of-the-art innovation and technology experience center, modern and connected work space for 500 employees, and environmentally sustainable building designed to the U.S. Green Building Council's LEED® Platinum standards.
Short interest data from March 28, 2018, shows that Honeywell’s short interest had fallen to its lowest level in 2018 despite market volatility due to trade wars and political tensions, indicating very low bearishness. As of March 29, Honeywell’s short interest as a percentage of outstanding shares was 0.97%, compared with 1.3% on December 29, 2017. In the same period, its stock price fell from $153.36 to $144.51.
- UTC Aerospace Systems and Qantas Airlines have extended the flight-hour agreement for full nacelle asset support and maintenance, repair and overhaul (MRO) services for the airline's fleet of Boeing ...
Stock market index funds extended their gains Monday as a key Dow Jones industrials ETF reclaimed but couldn't hold its 50-day line.
Honeywell (HON) is expected to report revenue of $10.0 billion in 1Q18, representing a 5.7% increase from 1Q17’s $9.5 billion. If HON manages to meet expectations, it will achieve its highest first-quarter revenue ever, and mark a first-quarter CAGR (compound annual growth rate) of 1.5% since 2013.
Vince Campisi joined United Technologies as the SVP of Digital and CIO in 2016 after nearly 17 years at General Electric, including leadership roles in the digital transformation of GE. Campisi has significantly upgraded UTC's digital capabilities and digital value in less than two years.
Honeywell (HON) is set to announce its 1Q18 earnings on April 20, 2018, before the market opens. It plans to hold a conference call that day, at 7:30 AM EST (Eastern Standard Time). In this series, we’ll look at Honeywell’s stock performance since its 4Q17 earnings, and analysts’ revenue and EPS (earnings per share) estimates and recommendations. We’ll also compare HON’s latest valuation and short interest with peers’.
COLUMBUS, Ga., April 12, 2018 /PRNewswire/ -- Pratt & Whitney's facility in Columbus was named Large Manufacturer of the Year by the Georgia Department of Economic Development and the Technical College System of Georgia, celebrating the investment and growth in jobs and production by Pratt & Whitney over the last several years. The Columbus facility employs nearly 2,000 workers and includes the Columbus Engine Center, responsible for engine overhauls, and Columbus Forge, which provides forged jet engine parts and is home to the company's new global Forging Center of Excellence. Pratt & Whitney is a division of United Technologies Corp. (UTX).
United Technologies (UTX) announces that it will include five repair suppliers in its global network of providers that maintain the Geared Turbofan engine.
General Electric (GE) signs supply agreement to deliver 21 Jenbacher gas engines to Russia, which will increase cleaner power generation.
- UTC Aerospace Systems' global network will provide spare parts and subassembly repair services for 10-years - Deal will lower operating costs through a simplified supply chain and improved product performance ...
Turbine Controls, StandardAero, TWIN MRO, ACMT, Lewis & Saunders first suppliers to join the GTF engine repair network ORLANDO, Fla. , April 11, 2018 /PRNewswire/ -- Pratt & Whitney, a division of United ...
Boeing scored a big deal with Indonesia's Lion Air. The stock got a further boost from China President Xi Jinping's promise to cut import tariffs, easing trade war fears
This could indicate that investors who seek to profit from falling equity prices are not currently targeting UTX. Over the last one-month, outflows of investor capital in ETFs holding UTX totaled $15.65 billion.
ORLANDO, Fla. , April 10, 2018 /PRNewswire/ -- MRO AMERICAS - UTC Aerospace Systems, a unit of United Technologies Corp. (NYSE: UTX), today unveiled FlightSense™, a new suite of repair and asset management ...
HAMBURG, Germany, April 10, 2018 /PRNewswire/ -- UTC Aerospace Systems, a unit of United Technologies Corp. (UTX), has been selected to supply technologically-advanced LED cabin lighting to Avianca. In line with its strategy to modernize and improve its flight experience, the Latin American airline based in Bogota, Colombia, will upgrade its entire Airbus A318 fleet with UTC Aerospace Systems' LED cabin lighting retrofit system.
Last week, JetBlue ordered 97 Pratt & Whitney geared turbofan engines and reached a long-term engine maintenance deal with the United Technologies subsidiary.
ORLANDO, Fla. , April 9, 2018 /PRNewswire/ -- Pratt & Whitney, a division of United Technologies Corp. (NYSE: UTX), has assembled a world-class, global network of maintenance, repair and overhaul (MRO) ...