A share price of Honeywell International Inc [HON] is currently trading at $222.35, up 0.38%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The HON shares have gain 2.34% over the last week, with a monthly amount glided 9.12%, 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.
Honeywell International Inc experienced fluctuations in its stock price throughout the past year between $174.88 and $222.98. 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 $222.35 at the most recent close of the market. An investor can expect a potential return of 0.99% based on the average HON price forecast.
Analyzing the HON fundamentals
Trailing Twelve Months sales for Honeywell International Inc [NASDAQ:HON] were 37.32B which represents 4.71% growth. 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 220.46 points at the first support level, and at 218.56 for the second support level. However, for the 1st resistance point, the stock is sitting at 223.54, and for the 2nd resistance point, it is at 224.73.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Honeywell International Inc [NASDAQ:HON] is 1.21. As well, the Quick Ratio is 0.91, while the Cash Ratio is 0.46. Considering the valuation of this stock, the price to sales ratio is 3.87, the price to book ratio is 8.52 and price to earnings (TTM) ratio is 25.36.
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.
