In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Honeywell International Inc (NASDAQ: HON) closed the day trading at $226.09 down -0.26% from the previous closing price of $226.67. In other words, the price has decreased by -$0.26 from its previous closing price. On the day, 5.63 million shares were traded. HON stock price reached its highest trading level at $228.87 during the session, while it also had its lowest trading level at $224.82.
Ratios:
For a better understanding of HON, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 13.46 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 26.08. For the most recent quarter (mrq), Quick Ratio is recorded 1.12 and its Current Ratio is at 1.44. In the meantime, Its Debt-to-Equity ratio is 1.84 whereas as Long-Term Debt/Eq ratio is at 1.54.
On October 25, 2024, Robert W. Baird Downgraded its rating to Neutral which previously was Outperform and also lowered its target price recommendation from $223 to $217.
BofA Securities Downgraded its Buy to Neutral on October 24, 2024, whereas the target price for the stock was revised from $250 to $230.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Nov 15 ’24 when KEVIN BURKE bought 504 shares for $230.67 per share.
D. SCOTT DAVIS bought 2,450 shares of HON for $535,011 on Nov 08 ’24. On Nov 05 ’24, another insider, KAREN L MATTIMORE, who serves as the Officer of the company, bought 12,532 shares for $211.48 each.
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 147014336512 and an Enterprise Value of 168644427776. As of this moment, Honeywell’s Price-to-Earnings (P/E) ratio for their current fiscal year is 26.11, and their Forward P/E ratio for the next fiscal year is 20.49. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.33. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.89 while its Price-to-Book (P/B) ratio in mrq is 8.45. Its current Enterprise Value per Revenue stands at 4.456 whereas that against EBITDA is 18.403.
Stock Price History:
Over the past 52 weeks, HON has reached a high of $242.77, while it has fallen to a 52-week low of $189.66. The 50-Day Moving Average of the stock is 5.96%, while the 200-Day Moving Average is calculated to be 10.12%.
Shares Statistics:
Over the past 3-months, HON traded about 3.58M shares per day on average, while over the past 10 days, HON traded about 5430630 shares per day. A total of 652.18M shares are outstanding, with a floating share count of 649.54M. Insiders hold about 0.11% of the company’s shares, while institutions hold 78.00% stake in the company. Shares short for HON as of 1730332800 were 9280196 with a Short Ratio of 2.60, compared to 1727654400 on 6620082. Therefore, it implies a Short% of Shares Outstanding of 9280196 and a Short% of Float of 1.43.
Dividends & Splits
HON’s forward annual dividend rate is 4.37, up from 4.32 a year ago. Against a Trailing Annual Dividend Yield of 0.019058544The stock’s 5-year Average Dividend Yield is 2.01.
