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United Technologies' Unit Partners Lucid to Boost Portfolio
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Automated Logic Corporation (ALC), part of UTC Climate, Controls & Security, a unit of United Technologies Corporation recently collaborated with Lucid, to create the next generation of EnergyReports energy analysis and reporting tool.
Lucid is a renowned provider of data and analytical services which help improve building efficiency and drive energy conservation and savings. The company’s BuildingOS platform has been adopted by over 500 customers, 15,000 buildings and 1.5 billion square feet under management. It allows more than 12,000 energy and sustainability management professionals maximize energy efficiency while improving occupant satisfaction within their buildings.
Per the deal, the new EnergyReports tool combines building data from ALC's powerful WebCTRL building automation system with Lucid's industry-leading BuildingOS cloud-based energy management platform.
The latest EnergyReports tool will enable building owners and operators utilize their WebCTRL building automation system to securely push data from a single building or a portfolio of buildings to the cloud.
In order to fuel its growth momentum, the company remains focused on four key priorities: flawless execution, innovation for growth, structural cost reduction and disciplined capital allocation. This collaboration with Lucid will enable the company provide better solutions to its customers which will help boost revenues.
United Technologies outperformed the Zacks categorized Diversified Operations industry with an average return of 1.4% compared with 0.7% gain for the latter, over of the last 90 days.
Hitachi has a long-term earnings growth expectation of 13% and is currently trading at a forward P/E of 13.4x.
LSB Industries has a long-term earnings growth expectation of 12%.
Bunzl has a long-term earnings growth expectation of 7.5% and is currently trading at a forward P/E of 20.3x.
More Stock News: This Is Bigger than the iPhone!
It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market.
Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2020. Click here for the 6 trades >>
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United Technologies' Unit Partners Lucid to Boost Portfolio
Automated Logic Corporation (ALC), part of UTC Climate, Controls & Security, a unit of United Technologies Corporation recently collaborated with Lucid, to create the next generation of EnergyReports energy analysis and reporting tool.
Lucid is a renowned provider of data and analytical services which help improve building efficiency and drive energy conservation and savings. The company’s BuildingOS platform has been adopted by over 500 customers, 15,000 buildings and 1.5 billion square feet under management. It allows more than 12,000 energy and sustainability management professionals maximize energy efficiency while improving occupant satisfaction within their buildings.
Per the deal, the new EnergyReports tool combines building data from ALC's powerful WebCTRL building automation system with Lucid's industry-leading BuildingOS cloud-based energy management platform.
The latest EnergyReports tool will enable building owners and operators utilize their WebCTRL building automation system to securely push data from a single building or a portfolio of buildings to the cloud.
In order to fuel its growth momentum, the company remains focused on four key priorities: flawless execution, innovation for growth, structural cost reduction and disciplined capital allocation. This collaboration with Lucid will enable the company provide better solutions to its customers which will help boost revenues.
United Technologies outperformed the Zacks categorized Diversified Operations industry with an average return of 1.4% compared with 0.7% gain for the latter, over of the last 90 days.
Zacks Rank & Stocks to Consider
United Technologies currently carries a Zacks Rank #4 (Sell). Some better-ranked stocks in the industry include Hitachi, Ltd. (HTHIY - Free Report) , LSB Industries, Inc. (LXU - Free Report) and Bunzl plc (BZLFY - Free Report) , each carrying a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Hitachi has a long-term earnings growth expectation of 13% and is currently trading at a forward P/E of 13.4x.
LSB Industries has a long-term earnings growth expectation of 12%.
Bunzl has a long-term earnings growth expectation of 7.5% and is currently trading at a forward P/E of 20.3x.
More Stock News: This Is Bigger than the iPhone!
It could become the mother of all technological revolutions. Apple sold a mere
1 billion iPhones in 10 years but a new breakthrough is expected to generate more
than 27 billion devices in just 3 years, creating a $1.7 trillion market.
Zacks has just released a Special Report that spotlights this fast-emerging
phenomenon and 6 tickers for taking advantage of it. If you don't buy now, you may
kick yourself in 2020. Click here for the 6 trades >>