United Technologies Corporation (NYSE:UTX) Conglomerates Stock Roundup (Preview)
Experts Expectations:
Experts predict that the revenue will be $12.76 billion in this quarter, and the revenue will decline of 4.3% from the year-ago quarter. Experts are forecasting total revenue of $62.36 billion for the year, a rise of 7.2% from last year’s revenue of $58.19 billion.
Industry Analysis
United Technologies Corporation (NYSE:UTX) is ranked 50th among its 197 competitor companies by revenue growth rate. The company maintains the revenue growth rate of 0.70 percent as compared to highest revenue growth rate of 398.30 percent maintained in its industry. The company maintains the dividend yield of 2.40 percent which ranks it 4th among its industry peers. The company is ranked 13th in its industry by return on equity of 23.45 percent.
Financial Analysis
United Technologies Corporation (NYSE:UTX) generated the revenue of $14.96 billion for the quarter ended December 31st, 2011 as compared to revenue of $14.86 billion for the same period last year. The company reported the net profit of $1.32 billion or earnings of $1.67 per share for the respective quarter as compared to net income of $1.19 billion or earnings of $1.60 per share last year.
The company’s total assets accumulate up to $6145 billion out of which fixed assets have the highest proportion. The company maintains a strong short term liquidity position as per its current ratio of 1.38 times.
United Technologies Corporation’s Competitors:
Honeywell Intl. Inc. (NYSE:HON), General Electric Company (NYSE:GE), The Boeing Company (NYSE:BA), Goodrich Corporation (NYSE:GR), Northrop Grumman Corp. (NYSE:NOC), Triumph Group, Inc. (NYSE:TGI), Esterline Tech. Corp. (NYSE:ESL), Textron Inc. (NYSE:TXT), Rolls-Royce Group plc (RYCEY), and Zardoya Otis SA (ZOT).
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