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In the latest session, Honeywell International Inc (NASDAQ: HON) closed at $198.46 up 0.44% from its previous closing price of $197.60. In other words, the price has increased by $0.44 from its previous closing price. On the day, 2.9 million shares were traded. HON stock price reached its highest trading level at $200.23 during the session, while it also had its lowest trading level at $198.1.
Ratios:
For a deeper understanding of Honeywell International Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 13.15 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 23.54. 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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Aug 15 ’24 when KEVIN BURKE bought 544 shares for $197.60 per share.
Adamczyk Darius sold 28,500 shares of HON for $5,812,860 on May 15 ’24. The Director now owns 203,510 shares after completing the transaction at $203.96 per share. On Apr 29 ’24, another insider, Lewis Gregory P, who serves as the SrVP & Chief Financial Officer of the company, sold 25,209 shares for $193.06 each. As a result, the insider received 4,866,850 and left with 55,471 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 128933707776 and an Enterprise Value of 148168032256. As of this moment, Honeywell’s Price-to-Earnings (P/E) ratio for their current fiscal year is 22.63, and their Forward P/E ratio for the next fiscal year is 17.71. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.67. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.45 while its Price-to-Book (P/B) ratio in mrq is 7.61. Its current Enterprise Value per Revenue stands at 3.969 whereas that against EBITDA is 16.376.
Stock Price History:
The Beta on a monthly basis for HON is 1.03, which has changed by 0.059063077 over the last 52 weeks, in comparison to a change of 0.24841464 over the same period for the S&P500. 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 -5.17%, while the 200-Day Moving Average is calculated to be -1.12%.
Shares Statistics:
For the past three months, HON has traded an average of 2.85M shares per day and 3259080 over the past ten days. A total of 652.18M shares are outstanding, with a floating share count of 649.10M. Insiders hold about 0.09% of the company’s shares, while institutions hold 77.93% stake in the company. Shares short for HON as of 1722384000 were 5812906 with a Short Ratio of 2.04, compared to 1719532800 on 7663375. Therefore, it implies a Short% of Shares Outstanding of 5812906 and a Short% of Float of 0.8999999999999999.
Dividends & Splits
According to the company, the forward annual dividend rate for HON is 3.24, from 4.27 in the trailing year. Against a Trailing Annual Dividend Yield of 0.02160931The stock’s 5-year Average Dividend Yield is 2.0. The current Payout Ratio is 49.25% for HON, which recently paid a dividend on 2024-05-16 with an ex-dividend date of 1723766400. Stock splits for the company last occurred on 2018-10-29 when the company split stock in a 1032:1000 ratio.
