United stock: buy or sell?

UTX stock price: $153.46 0.26% At close on February 14th, 2020

Updated on:
February 14th, 2020

5

After sliding for 4 sessions, Feb 14th United Technologies remained constant a tiny 0.26%, closing at $153.46. Last session broke a streak of 4 red days.

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:

Buy setupElegible
New all-time highYes
New 52 week highYes
Price crossing up 200d MANo
100d MA crossing up 200d MANo

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

Daily outlook

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.

UTX stock chart (daily)

Weekly outlook

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%).

UTX stock chart (weekly)

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 target

How 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 Share

After 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.
UTX earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q2-n/a1.86n/a
2017-Q32017-10-241.681.733.0%
2017-Q42018-01-241.561.62.6%
2018-Q12018-04-241.511.7717.2%
2018-Q22018-07-241.851.976.5%
2018-Q32018-10-231.811.936.6%
2018-Q42019-01-231.511.9529.1%
2019-Q12019-04-221.74n/an/a
2019-Q2-n/an/an/a
2019-Q3-n/an/an/a

Annual financial results

In 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%.

UTX annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$62,650 M-$5,690 M9.1%-
2014$65,100 M3.91%$6,220 M9.6%9.31%
2015$56,098 M-13.83%$7,608 M13.6%22.32%
2016$57,244 M2.04%$5,055 M8.8%-33.56%
2017$59,837 M4.53%$4,552 M7.6%-9.95%
2018$66,501 M11.14%$5,269 M7.9%15.75%
TTM $69,624 M4.70%$5,318 M7.6%0.93%

Quarterly financial results

United 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.
UTX quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
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 M4.26%$397 M2.5%-70.15%
2018-Q1$15,242 M-2.79%$1,297 M8.5%226.70%
2018-Q2$16,705 M9.60%$2,048 M12.3%57.90%
2018-Q3$16,510 M-1.17%$1,238 M7.5%-39.55%
2018-Q4$18,044 M9.29%$686 M3.8%-44.59%
2019-Q1$18,365 M1.78%$1,346 M7.3%96.21%

United ownership

When 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:

UTX
Market cap$132.5 B
Total shares863.3 M
Float shares765.0 M
  - Institutional holdings (%)82.7%
  - Insider holdings (%)0.1%
Shares in short selling0.0%

United summary

Friday, February 14th, 2020
Open$153.08
Close$153.46
Day range$152.57 - $154.05
Previous close$153.06
Session gain0.26%
Average true range$2.87
50d mov avg$150.81
100d mov avg$145.72
200d mov avg$137.59
Daily patternlb02a
Weekly pattern lb03a

United performance

Performance 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.
Stock3m6m12m
UTXUnited Technologi...3.24%23.92%22.68%

United competitors

Unfortunately, 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