Market Update: United Technologies Corp (NYSE:UTX) – IndustryWeek Names Carrier Transicold Athens Plant One of North America’s Best

[PR Newswire] – ATHENS, Ga., Jan. 19, 2016 /PRNewswire/ — Carrier Transicold’s Athens facility, a leading producer of transport refrigeration equipment for trucks, trailers and rail cars, has been named a 2015 IndustryWeek Best Plant, making it the first transport refrigeration equipment facility ever recognized by the publication. Winners of the 2015 IW Best Plants competition were selected based on rigorous performance metrics as well as dedication to continuous improvement. Carrier Transicold is a part of UTC Climate, Controls & Security, a unit of United Technologies Corp. (UTX). Read more on this. United Technologies Corporation (UTX) , currently valued at $75.23B, began trading this morning at $86.35. Looking at today’s trading action, the company’s one day range from $84.72 to $86.35 with a trailing 52-week range being $84.72 to $124.45. Priced at 13.64x this year’s forecasted earnings, UTX shares are relatively inexpensive compared to the industry’s 44.35x forward p/e ratio. And for those looking to make a return holding the stock, the company pays shareholders $2.56 per share annually in dividends, yielding 2.88%. In a review of the consensus earnings estimate this quarter, 19 sell-side analysts are looking at $1.52 per share, which would be $0.10 worse than the year-ago quarter and a $0.00 sequential decrease. Furthermore, our analysis shows the full-year EPS estimate to be $6.28, which would be a $0.54 worse when compared to the last year’s annual results. The quarterly earnings estimate is predicated on a consensus revenue forecast of $15.30 Billion. If reported, that would be a 10.00% decrease over the year-ago quarter. More recently, Bernstein downgraded UTX from Outperform to Mkt Perform (Jan 8, 2016). Previously, Sterne Agee CRT downgraded UTX from Buy to Neutral. The average price target for UTX shares by the analysts covering it is $107.06, which is 23.98% above where the stock opened. See more in (NYSE:UTX) Similar Articles: Stock Update: United Technologies Corp (NYSE:UTX) – United Technologies Corp. Fourth Quarter Earnings Advisory to Securities Analysts, Investors and News Media Market Update: United Technologies Corp (NYSE:UTX) – United Technologies Research Centre Ireland leads Clean Sky 2 contract Company Update: United Technologies Corp (NYSE:UTX) – United Technologies Corp. Third Quarter Earnings Advisory to Securities Analysts, Investors and News Media