Honeywell International Inc [NASDAQ: HON] gained 1.40% on the last trading session, reaching $205.90 price per share at the time. The company report on January 30, 2024 at 7:05 PM that HONEYWELL ANNUAL SHAREOWNERS MEETING SET FOR MAY 14.
Honeywell (NASDAQ: HON) announced today it will hold its 2024 Annual Shareowners Meeting at 10:30 a.m. EDT on May 14, 2024, in a virtual format at http://www.virtualshareholdermeeting.com/HON2024. Shareowners of record at the close of business on Friday, March 22, 2024 will be entitled to vote at the meeting.
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
About HoneywellHoneywell is an integrated operating company serving a broad range of industries and geographies around the world. Our business is aligned with three powerful megatrends – automation, the future of aviation and energy transition – underpinned by our Honeywell Accelerator operating system and Honeywell Connected Enterprise integrated software platform. As a trusted partner, we help organizations solve the world’s toughest, most complex challenges, providing actionable solutions and innovations through our Aerospace Technologies, Industrial Automation, Building Automation and Energy and Sustainability Solutions business segments that help make the world smarter, safer and more sustainable. For more news and information on Honeywell, please visit www.honeywell.com/newsroom.
If compared to the average trading volume of 2.79M shares, HON reached a trading volume of 5621462 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Honeywell International Inc [HON]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for HON shares is $220.09 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on HON stock is a recommendation set at 2.04. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
UBS have made an estimate for Honeywell International Inc shares, keeping their opinion on the stock as Sell, with their previous recommendation back on January 04, 2023.
The Average True Range (ATR) for Honeywell International Inc is set at 3.00, with the Price to Sales ratio for HON stock in the period of the last 12 months amounting to 3.73. The Price to Book ratio for the last quarter was 7.88, with the Price to Cash per share for the same quarter was set at 12.03. Price to Free Cash Flow for HON in the course of the last twelve months was 35.39 with Quick ratio for the last quarter at 1.01.
Trading performance analysis for HON stock
Honeywell International Inc [HON] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 1.46. With this latest performance, HON shares dropped by -1.56% in over the last four-week period, additionally plugging by 6.06% over the last 6 months – not to mention a drop of -1.07% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for HON stock in for the last two-week period is set at 60.24, with the RSI for the last a single of trading hit 63.85, and the three-weeks RSI is set at 59.09 for Honeywell International Inc [HON]. The present Moving Average for the last 50 days of trading for this stock 200.55, while it was recorded at 202.64 for the last single week of trading, and 195.04 for the last 200 days.
Honeywell International Inc [HON]: A deeper dive into fundamental analysis
Honeywell International Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.01 and a Current Ratio set at 1.35.
Honeywell International Inc [HON]: An earnings per share (EPS) analysis
With the latest financial reports released by the company, Honeywell International Inc posted 2.52/share EPS, while the average EPS was predicted by analysts to be reported at 2.51/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 0.40%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for HON. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Honeywell International Inc go to 7.58%.
An analysis of Institutional ownership at Honeywell International Inc [HON]
The top three institutional holders of HON stocks are: VANGUARD GROUP INC with ownership of 1.3 billion shares, which is approximately 8.2815%. BLACKROCK INC., holding 1.03 billion shares of the stock with an approximate value of $176.59 billion in HON stocks shares; and BERKSHIRE HATHAWAY INC, currently with $156.75 billion in HON stock with ownership which is approximately 5.8325%.
