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Market Update: United Technologies Corp (NYSE:UTX) – UTC Aerospace Systems celebrates historic milestone with production of its 2,200th A400M propeller blade

[PR Newswire] – FARNBOROUGH, England, July 13, 2016 /PRNewswire/ — UTC Aerospace Systems, a unit of United Technologies Corp (UTX), and its Actuation & Propeller Systems (APS) business has achieved a major step with the production of its 2,200th A400M propeller blade. It is the blade for one of the world’s most powerful all-composite propellers and is being delivered to Airbus Defence and Space for installation on its A400M, a four-engine turboprop military transport aircraft. “This significant achievement is a testament to the engineering and manufacturing expertise of our talented team at Actuation and Propeller Systems,” said Andreas Schell, president, Actuation & Propeller Systems, a business unit of UTC Aerospace Systems. Read more on this. , valued at $recting to http://finance.ya, ended trading yesterday at $. Today, shares have traded between $ per share with a one year range of $. Priced at x this year’s forecasted earnings, UTX shares are relatively inexpensive compared to the industry’s x forward p/e ratio. According to a consensus of 0 analysts, the earnings estimate of $ per share would be $0.00 worse than the year-ago quarter and a $0.00 sequential decrease. Furthermore, our analysis shows the full-year EPS estimate to be $, which would be a $0.00 setback when compared to the last year’s annual results. The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $0.00 . If realized, that would be a 0.00% decrease over the year-ago quarter. In terms of ratings, d UTX from to (/fi). Previously, d UTX from to . The average price target for UTX shares is $, which is 0.00% below where the stock opened this morning. See more in (NYSE:UTX) Similar Articles: Market Update: United Technologies Corp (NYSE:UTX) – UTC Aerospace Systems Next-Gen Sensor Selected for Global Hawk UAS Market Update: United Technologies Corp (NYSE:UTX) – UTC Aerospace Systems expands presence in Foley, Alabama Company Update: United Technologies Corp (NYSE:UTX) – UTC Aerospace Systems to supply three additional systems for Boeing’s 777X
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