Home Sectors Industrials Valuation Today: United Technologies Corporation (NYSE: UTX)

Valuation Today: United Technologies Corporation (NYSE: UTX)


United Technologies Corporation is in the aerospace and defense industry and is in the industrials sector. The company CEO is Gregory J. Hayes. United Technologies Corp is a diversified industrial conglomerate. It provides high technology products and services to the building systems and aerospace industries.

Previous Intraday Trading Performance:

The UTX stock showed a previous change of 0.19% with an open at 122.90 and a close of 122.72. It reached an intraday high of 123.11 and a low of 121.51.

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The stock has a market cap of $105.8b with 861.7m shares outstanding, of which the float is 858.9m shares. Trading volume reached 3,834,355 shares compared to its average volume of 5,346,412 shares. Based on the current average volume and close price, the trading liquidity is good.

Historical Trading Performance:

Over the last five trading days, United Technologies Corporation shares returned 1.61% and in the past 30 trading days it returned 16.50%. Over three months, it changed -3.80%. In one year it has changed -1.49% and within that year its 52-week high was 144.15 and its 52-week low was 100.48. UTX stock is 22.13% above its 52 Week Low.

Our calculations show a 200 day moving average of 125.20 and a 50 day moving average of 115.07. Currently UTX stock is trading -1.98% below its 200 day moving average and may be a good opportunity to buy, but should check other indicators to confirm a buy signal.

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The last annual fiscal EPS for the company was reported at 7.62 that ended on 31st of December 2018, which according to the previous close, that is a PE of 18.74. Based on 7 analyst estimates, the consensus EPS for the next quarter is 1.51. The TTM EPS is 7.62, which comes to a TTM PE of 16.10. Historically, the PE high was 25.30 and the PE low was 9.70. If the stock reached its PE low, that would represent a price of 73.94, which is a decrease of -39.75%.

The following are the last four quarter reported earnings per share:
12-31-2018:  1.95
09-30-2018:  1.93
06-30-2018:  1.97
03-31-2018:  1.77

The dividend per share is currently 2.94, which is a dividend yield of 2.40%. Also, the payout ratio is 38.58%, therefore the dividend is safe according to our calculations.

Base on our calculations, the intrinsic value per share is 104.31, which means it may be overvalued by -17.65%

Indicators to Watch:

Based on the latest filings, there is 0.40% of insider ownership and 113.00% of institutional ownership. Short-interest is 6,297,118, which is 0.73% of shares outstanding. The short-interest ratio or days-to-cover ratio is 1.07. This stock has some short interest, but it may be normal and no cause for concern if long the position.

The current calculated beta is 1.18

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Fundamental Indicators:

Based on last reported financials, the company’s return on equity is 15.48%, return on assets is 4.56%, profit margin is 8.50%, price-to-sales is 1.59 and price-to-book is 2.75.

Company Scores:

All scores are out of six:
 1  :Valuation Score
 1  :Past Performance Score
 2  :Financial Strength Score
 1  :Future Growth Score
 5  :Dividend Score
 2  :Overall Score

John Jones
Worked for several Wall Street firms: Salomon Smith Barney, UBS, and Charles Schwab. Has developed skills and gained extensive experience over the years that is used today to uncover winning penny stocks.Also was an attorney for small businesses in Scottsdale, Arizona. That experience and understanding of law provides a unique perspective and edge in discovering quality companies in various industries.