Honeywell International Inc (HON): Not A Time To Panic Nor Freeze

Honeywell International Inc (HON) concluded trading on Thursday at a closing price of $226.29, with 5.16 million shares of worth about $1.17 billion changed hands on the day. Half year performance of the stock remained positive as price took a surge of 8.56% during that period and on December 05, 2024 the price saw a loss of about -1.52%. Currently the company’s common shares owned by public are about 650.25M shares, out of which, 649.66M shares are available for trading.

Stock saw a price change of -1.46% in past 5 days and over the past one month there was a price change of 8.39%. Year-to-date (YTD), HON shares are showing a performance of 7.91% which increased to 14.90% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $189.66 but also hit the highest price of $242.77 during that period. The average intraday trading volume for Honeywell International Inc shares is 3.80 million. The stock is currently trading -0.84% below its 20-day simple moving average (SMA20), while that difference is up 3.84% for SMA50 and it goes to 9.43% higher than SMA200.

Honeywell International Inc (NASDAQ: HON) currently have 650.25M outstanding shares and institutions hold larger chunk of about 78.02% of that.

The stock has a current market capitalization of $147.14B and its 3Y-monthly beta is at 1.05. PE ratio of stock for trailing 12 months is 26.13, while it has posted earnings per share of $8.66 in the same period. Its PEG reads 3.33 and has Quick Ratio of 1.12 while making debt-to-equity ratio of 1.84. 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 1.92% while standing at 1.90% over the month.

Stock’s fiscal year EPS is expected to rise by 9.74% while it is estimated to increase by 9.59% in next year. EPS is likely to grow at an annualized rate of 7.84% for next 5-years, compared to annual growth of -1.17% made by the stock over the past 5-years.

Coverage by Robert W. Baird stated Honeywell International Inc (HON) stock as a Neutral in their note to investors on October 25, 2024, suggesting a price target of $217 for the stock. On October 24, 2024, BofA Securities Downgrade their recommendations, while on October 10, 2024, JP Morgan Downgrade their ratings for the stock with a price target of $235. Stock get an Equal-weight rating from Morgan Stanley on September 06, 2024.

Most Popular

Related Posts