Honeywell International Inc (HON) concluded trading on Thursady at a closing price of $200.81, with 3.35 million shares of worth about $673.32 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 7.96% during that period and on Thursady the price saw a gain of about 0.64%. Currently the company’s common shares owned by public are about 652.18M shares, out of which, 651.26M shares are available for trading.
According to filings with the U.S. Securities and Exchange Commission (SEC), insiders took part in trade of the company’s stock for 59 times over the past 12 months. They bought 122,609 shares in 33 of the transactions. In 26 selling transactions, insiders dumped 78,126 shares.
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However, the stock later moved at a day high price of 201.56, or with a gain of 0.64%. Stock saw a price change of 3.05% in past 5 days and over the past one month there was a price change of -1.05%. Year-to-date (YTD), HON shares are showing a performance of -4.24% which increased to 2.06% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $174.88 but also hit the highest price of $210.87 during that period. The average intraday trading volume for Honeywell International Inc shares is 3.07 million. The stock is currently trading 1.48% above its 20-day simple moving average (SMA20), while that difference is down -0.15% for SMA50 and it goes to 2.99% higher than SMA200.
Honeywell International Inc (NASDAQ: HON) currently have 652.18M outstanding shares and institutions hold larger chunk of about 78.09% of that.
The stock has a current market capitalization of $130.96B and its 3Y-monthly beta is at 1.03. PE ratio of stock for trailing 12 months is 23.71, while it has posted earnings per share of $8.47 in the same period. Its PEG reads 2.90 and has Quick Ratio of 0.93 while making debt-to-equity ratio of 1.36. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for HON, volatility over the week remained 1.31% while standing at 1.65% over the month.
Analysts are in expectations that Honeywell International Inc (HON) stock would likely to be making an EPS of $2.17 in the current quarter, while forecast for next quarter EPS is $2.4 and it is $10.85 for next year. For the current quarter EPS, analysts have given the company a lowest target $2.13 which is $2.22 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of $2.07 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 8.69% while it is estimated to increase by 8.42% in next year. EPS is likely to grow at an annualized rate of 8.18% for next 5-years, compared to annual growth of -1.17% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by UBS on January 04, 2023 offering a Sell rating for the stock and assigned a target price range of between $220 and $193 to it. Coverage by Daiwa Securities stated Honeywell International Inc (HON) stock as a Neutral in their note to investors on October 31, 2022, suggesting a price target of $194 for the stock. On July 11, 2022, BofA Securities Upgrade their recommendations, while on January 14, 2022, Berenberg Initiated their ratings for the stock with a price target of $230. Stock get a Buy rating from UBS on January 07, 2022.
