Honeywell International Inc [HON] stock prices are up 1.12% to $215.99 at the moment. 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 gain 5.99% over the last week, with a monthly amount glided 5.53%, and 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 October 10, 2024, when JP Morgan downgraded its rating to a Neutral and also boosted its price target to $235 from $225. Previously, Morgan Stanley started tracking the stock with Equal-Weight rating on September 06, 2024, and set its price target to $210. On April 16, 2024, downgrade downgraded it’s rating to Hold and revised its price target to $215 on the stock. Berenberg upgraded its rating to a Buy and increased its price target to $240 on March 06, 2024. UBS downgraded its rating to a Sell and reduced its price target to $193 on January 04, 2023. Daiwa Securities downgraded its rating to Neutral for this stock on October 31, 2022, and downed its price target to $194. In a note dated July 11, 2022, BofA Securities upgraded an Buy rating on this stock but restated the target price of $210.
The stock price of Honeywell International Inc [HON] has been fluctuating between $174.88 and $220.79 over the past year. Currently, Wall Street analysts expect the stock to reach $224.56 within the next 12 months. Honeywell International Inc [NASDAQ: HON] shares were valued at $215.99 at the most recent close of the market. An investor can expect a potential return of 3.97% based on the average HON price forecast.
Analyzing the HON fundamentals
The Honeywell International Inc [NASDAQ:HON] reported sales of 37.32B for trailing twelve months, representing a surge of 4.71%. Gross Profit Margin for this corporation currently stands at 0.39% with Operating Profit Margin at 0.21%, 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 0.08, Equity is 0.35 and Total Capital is 0.16. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.65.
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 214.29 points at the first support level, and at 212.59 for the second support level. However, for the 1st resistance point, the stock is sitting at 217.13, and for the 2nd resistance point, it is at 218.27.
Ratios To Look Out For
It’s worth pointing out that Honeywell International Inc [NASDAQ:HON]’s Current Ratio is 1.21. In addition, the Quick Ratio stands at 0.91 and the Cash Ratio stands at 0.46. Considering the valuation of this stock, the price to sales ratio is 3.76, the price to book ratio is 8.28 and price to earnings (TTM) ratio is 24.63.
Transactions by insiders
Recent insider trading involved KEVIN BURKE, Director, that happened on Aug 15 ’24 when 544.0 shares were purchased. Director, Adamczyk Darius completed a deal on May 15 ’24 to sell 28500.0 shares. Meanwhile, SrVP & Chief Financial Officer Lewis Gregory P sold 25209.0 shares on Apr 29 ’24.
