A share price of Honeywell International Inc [HON] is currently trading at $194.04, down -1.08%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The HON shares have lost -1.88% over the last week, with a monthly amount drifted -1.18%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Honeywell International Inc [NASDAQ: HON] stock has seen the most recent analyst activity on March 06, 2024, when Berenberg upgraded its rating to a Buy and also boosted its price target to $240 from $195. Previously, UBS downgraded its rating to Sell on January 04, 2023, and dropped its price target to $193. On October 31, 2022, downgrade downgraded it’s rating to Neutral and revised its price target to $194 on the stock. BofA Securities upgraded its rating to a Buy but stick to its price target of $210 on July 11, 2022. Berenberg initiated its recommendation with a Hold and recommended $230 as its price target on January 14, 2022. UBS upgraded its rating to Buy for this stock on January 07, 2022, and upped its price target to $237. In a note dated January 04, 2022, Credit Suisse downgraded an Neutral rating on this stock and revised its target price from $243 to $226.
Honeywell International Inc experienced fluctuations in its stock price throughout the past year between $174.88 and $210.87. Currently, Wall Street analysts expect the stock to reach $226.4 within the next 12 months. Honeywell International Inc [NASDAQ: HON] shares were valued at $194.04 at the most recent close of the market. An investor can expect a potential return of 16.68% based on the average HON price forecast.
Analyzing the HON fundamentals
Trailing Twelve Months sales for Honeywell International Inc [NASDAQ:HON] were 36.65B which represents 2.76% growth. Gross Profit Margin for this corporation currently stands at 0.39% with Operating Profit Margin at 0.2%, Pretax Profit Margin comes in at 0.2%, and Net Profit Margin reading is 0.15%. To continue investigating profitability, this company’s Return on Assets is posted at 0.09, Equity is 0.33 and Total Capital is 0.17. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.3.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 191.98 points at the first support level, and at 189.93 for the second support level. However, for the 1st resistance point, the stock is sitting at 197.29, and for the 2nd resistance point, it is at 200.55.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Honeywell International Inc [NASDAQ:HON] is 1.27. In addition, the Quick Ratio stands at 0.93 and the Cash Ratio stands at 0.43. Considering the valuation of this stock, the price to sales ratio is 3.45, the price to book ratio is 7.98 and price to earnings (TTM) ratio is 22.91.
Transactions by insiders
Recent insider trading involved Adamczyk Darius, Director, that happened on Feb 12 ’24 when 25500.0 shares were sold. SrVP and General Counsel, Madden Anne T completed a deal on Feb 05 ’24 to sell 25000.0 shares. Meanwhile, Director Adamczyk Darius sold 41000.0 shares on Nov 22 ’23.
