United stock: buy or sell?
February 14th, 2020
United Technologies Corporation provides technology products and services to building systems and aerospace industries worldwide.
Should I buy United stock?You can't be a successful trader if you don't follow a methodolgy or system that assist you in choosing companies and the correct market timing. Having a trading strategy helps to make decisions easier, quicker and with less hesitations. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.
These 2 buy setups are elegible for United stock right now:
|New all-time high||Yes|
|New 52 week high||Yes|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is United Technologies stock a buy?
Banks and financial institutions post stock ratings everyday.Unfortunately, we couldn't find any rating for UTX stock for the last month.
United stock analysis
After several days of continuous hikes in past weeks, United remained stable 0.26% to $153.46.
United remained constant 0.26% on Feb 14th to $153.46 after topping to all time highs on Tuesday. UTX is retaking the upward trend marking a new rising bottom heading to break out over $157.69. On October UTX price bounced up over the SMA of 100 days demonstrating to be a significant support for this stock. On Tuesday, UTX hit a new all time high, pushing higher than on Monday tops. Check different trading setups that use ATHs as triggers.
Despite of the negative close ($153.46, -1.68%), United set new all time high at $157.69.
UTX marked an uptrend of rising tops and rising bottoms. Since its last top by mid January at $154.79, price slid and bounced up back from $147.35. Breaking down under $147.35 would cancel the current uptrend and it might test lower supports. Note that $154.79 might act as a resistance line. Since price and SMA40w lines crossed up late August 2019, UTX climbed $31.23 (25.55%). Since late May 2019 when SMA20w and SMA40w crossed up, UTX price gained $21.79 per share (16.55%).
United stock price history
United stock historical price chart
UTX stock reached all-time highs on Tuesday with a price of $157.69.
United stock price targetHow much a stock will be priced tomorrow or next week is quite unpredictable However, financial institutions invest time and resources to provide the most accurated estimations to help investors to make their decisions. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. For the last month we have not found any price prediction for United Technologies stock by any trusted analyst.
Financials and fundamental analysis
Earnings date and Earnings per ShareAfter publishing its last earnings report on April, United . As soon as we get its actual EPS from the earnings report, we will update this report.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsIn 2018, United Technologies annual turnover climbed a superb 11.14% to $66,501.00 M USD from $59,837.00 marked in 2017. When comparing 2018 vs 2017, in contrary, profit margin (that is, the net income divided by revenues) remained stable a 0.32% to 7.92%. United presents anual results in December, and to evaluate its evolution since then, we estimate annual sales and income figures by adding results from the last 4 quarters. This is called TTM (or Twelve Trailing Months). So, United TTM sales up to March 2019 were $69,624.00 and income $5,318.00 M USD. When comparing this TTM figures with the last reported annuality, we can review United business evolution since December 2018: Annual sales up to March, compared to lastest yearly report, inched a nice 4.70%. By contrast, profit margin (net income/sales) stayed constant at 7.92%.
|2013||$62,650 M||-||$5,690 M9.1%||-|
|2014||$65,100 M||3.91%||$6,220 M9.6%||9.31%|
|2015||$56,098 M||-13.83%||$7,608 M13.6%||22.32%|
|2016||$57,244 M||2.04%||$5,055 M8.8%||-33.56%|
|2017||$59,837 M||4.53%||$4,552 M7.6%||-9.95%|
|2018||$66,501 M||11.14%||$5,269 M7.9%||15.75%|
|TTM||$69,624 M||4.70%||$5,318 M7.6%||0.93%|
Quarterly financial resultsUnited posted $18,365.00 M in sales for 2019-Q1, a 1.78% up compared to previous quarter. Reported quarter earnings marked $1,346.00 million with a profit margin of 7.33%. Profit margin stepped up a 3.53% compared to previous quarter when profit margin was 3.80%. When comparing turnover to same quarter last year, United Technologies sales marked an astounding gain and rocketed a 20.49%. Looking back to recent quarterly results, United posted 2 positive quarters in a row.
|2017-Q2||$15,290 M||-||$1,440 M9.4%||-|
|2017-Q3||$15,040 M||-1.64%||$1,330 M8.8%||-7.64%|
|2017-Q4||$15,680 M||4.26%||$397 M2.5%||-70.15%|
|2018-Q1||$15,242 M||-2.79%||$1,297 M8.5%||226.70%|
|2018-Q2||$16,705 M||9.60%||$2,048 M12.3%||57.90%|
|2018-Q3||$16,510 M||-1.17%||$1,238 M7.5%||-39.55%|
|2018-Q4||$18,044 M||9.29%||$686 M3.8%||-44.59%|
|2019-Q1||$18,365 M||1.78%||$1,346 M7.3%||96.21%|
United ownershipWhen you are planning to invest in shares of a company, it's worth to overview its ownership structure.
Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For United Technologies, 0.11% of all outstanding shares are owned by its staff.
Bearish positions for UTX stock account 0.00%, no big difference from last month.
The following table compares ownership indicators for other stocks related to United:
|Market cap||$132.5 B|
|Total shares||863.3 M|
|Float shares||765.0 M|
|- Institutional holdings (%)||82.7%|
|- Insider holdings (%)||0.1%|
|Shares in short selling||0.0%|
|Friday, February 14th, 2020|
|Day range||$152.57 - $154.05|
|Average true range||$2.87|
|50d mov avg||$150.81|
|100d mov avg||$145.72|
|200d mov avg||$137.59|
United performancePerformance as an absolute value is never valid if it's not benchmarked against competitors or related stocks in the industry. We selected as the bechmarking frame for United stock.
United competitorsUnfortunately, we could not find any public company that could be defined as United competitor. This doesn't mean United does not have any competitor in the market, it's just we could not detected it.
Latest United stock news
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- InvestorPlaceUnited Technologies Earnings: UTX Stock Jumps on Q2 Beat, OutlookJuly 23, 2019
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