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The closing price of Honeywell International Inc (NASDAQ: HON) was $201.40 for the day, down -0.66% from the previous closing price of $202.74. In other words, the price has decreased by -$0.66 from its previous closing price. On the day, 2.85 million shares were traded. HON stock price reached its highest trading level at $203.76 during the session, while it also had its lowest trading level at $199.13.
Ratios:
Our analysis of HON’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 13.34 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 23.89. For the most recent quarter (mrq), Quick Ratio is recorded 0.91 and its Current Ratio is at 1.21. In the meantime, Its Debt-to-Equity ratio is 1.71 whereas as Long-Term Debt/Eq ratio is at 1.28.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Deutsche Bank on April 16, 2024, Downgraded its rating to Hold and sets its target price to $215 from $227 previously.
On March 06, 2024, Berenberg Upgraded its rating to Buy which previously was Hold and also upped its target price recommendation from $195 to $240.
UBS Downgraded its Buy to Sell on January 04, 2023, whereas the target price for the stock was revised from $220 to $193.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on May 15 ’24 when Adamczyk Darius sold 28,500 shares for $203.96 per share. The transaction valued at 5,812,860 led to the insider holds 203,510 shares of the business.
Lewis Gregory P sold 25,209 shares of HON for $4,866,850 on Apr 29 ’24. The SrVP & Chief Financial Officer now owns 55,471 shares after completing the transaction at $193.06 per share. On Feb 12 ’24, another insider, Adamczyk Darius, who serves as the Director of the company, sold 25,500 shares for $197.19 each. As a result, the insider received 5,028,345 and left with 183,400 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, HON now has a Market Capitalization of 130843729920 and an Enterprise Value of 150636773376. As of this moment, Honeywell’s Price-to-Earnings (P/E) ratio for their current fiscal year is 22.97, and their Forward P/E ratio for the next fiscal year is 17.92. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.71. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.51 while its Price-to-Book (P/B) ratio in mrq is 7.72. Its current Enterprise Value per Revenue stands at 4.035 whereas that against EBITDA is 16.649.
Stock Price History:
Over the past 52 weeks, HON has reached a high of $220.79, while it has fallen to a 52-week low of $174.88. The 50-Day Moving Average of the stock is -4.01%, while the 200-Day Moving Average is calculated to be 0.92%.
Shares Statistics:
HON traded an average of 2.77M shares per day over the past three months and 3560300 shares per day over the past ten days. A total of 652.18M shares are outstanding, with a floating share count of 649.09M. Insiders hold about 0.09% of the company’s shares, while institutions hold 77.26% stake in the company. Shares short for HON as of 1721001600 were 7114311 with a Short Ratio of 2.57, compared to 1718323200 on 7719583. Therefore, it implies a Short% of Shares Outstanding of 7114311 and a Short% of Float of 1.09.
Dividends & Splits
With its trailing 12-month dividend rate of 4.27, HON has a forward annual dividend rate of 4.27. Against a Trailing Annual Dividend Yield of 0.021061458The stock’s 5-year Average Dividend Yield is 2.0.
Earnings Estimates
Current recommendations for the stock of the company come from 17.0 analysts. On average, analysts expect EPS of $2.33 for the current quarter, with a high estimate of $2.43 and a low estimate of $2.18, while EPS last year was $2.27. The consensus estimate for the next quarter is $2.61, with high estimates of $2.83 and low estimates of $2.43.
Analysts are recommending an EPS of between $9.55 and $9.17 for the fiscal current year, implying an average EPS of $9.37. EPS for the following year is $10.32, with 22.0 analysts recommending between $10.92 and $9.78.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 16 analysts. It ranges from a high estimate of $9.26B to a low estimate of $8.98B. As of the current estimate, Honeywell International Inc’s year-ago sales were $9.23BFor the next quarter, 16 analysts are estimating revenue of $9.72B. There is a high estimate of $9.93B for the next quarter, whereas the lowest estimate is $9.53B.
A total of 22 analysts have provided revenue estimates for HON’s current fiscal year. The highest revenue estimate was $36.35B, while the lowest revenue estimate was $35.57B, resulting in an average revenue estimate of $35.97B. In the same quarter a year ago, actual revenue was $36.66BBased on 22 analysts’ estimates, the company’s revenue will be $38.6B in the next fiscal year. The high estimate is $39.49B and the low estimate is $37.41B.
