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In the latest session, Honeywell International Inc (NASDAQ: HON) closed at $209.10 down -5.10% from its previous closing price of $220.34. In other words, the price has decreased by -$5.10 from its previous closing price. On the day, 8.69 million shares were traded. HON stock price reached its highest trading level at $216.17 during the session, while it also had its lowest trading level at $208.9.
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 13.85 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 24.80. 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, BofA Securities on October 24, 2024, Downgraded its rating to Neutral and sets its target price to $230 from $250 previously.
On October 10, 2024, JP Morgan Downgraded its rating to Neutral which previously was Overweight and also upped its target price recommendation from $225 to $235.
On September 06, 2024, Morgan Stanley started tracking the stock assigning a Equal-Weight rating and target price of $210.Morgan Stanley initiated its Equal-Weight rating on September 06, 2024, with a $210 target price.
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 143148613632 and an Enterprise Value of 162941550592. As of this moment, Honeywell’s Price-to-Earnings (P/E) ratio for their current fiscal year is 23.84, and their Forward P/E ratio for the next fiscal year is 18.73. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.88. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.64 while its Price-to-Book (P/B) ratio in mrq is 8.02. Its current Enterprise Value per Revenue stands at 4.364 whereas that against EBITDA is 18.009.
Stock Price History:
Over the past 52 weeks, HON has reached a high of $222.98, while it has fallen to a 52-week low of $174.88. The 50-Day Moving Average of the stock is 1.01%, while the 200-Day Moving Average is calculated to be 2.78%.
Shares Statistics:
For the past three months, HON has traded an average of 2.91M shares per day and 4195380 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 78.12% stake in the company. Shares short for HON as of 1727654400 were 6620082 with a Short Ratio of 2.28, compared to 1724976000 on 6796628. Therefore, it implies a Short% of Shares Outstanding of 6620082 and a Short% of Float of 1.0199999.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 2.01.
