Honeywell International Inc [HON] stock is trading at $228.99, down -0.73%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The HON shares have gain 4.33% over the last week, with a monthly amount glided 4.30%, 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 28, 2024, when Wolfe Research downgraded its rating to a Peer Perform. Previously, Robert W. Baird downgraded its rating to Neutral on October 25, 2024, and dropped its price target to $217. On October 24, 2024, downgrade downgraded it’s rating to Neutral and revised its price target to $230 on the stock. JP Morgan downgraded its rating to a Neutral and increased its price target to $235 on October 10, 2024. Morgan Stanley initiated its recommendation with a Equal-Weight and recommended $210 as its price target on September 06, 2024. Deutsche Bank downgraded its rating to Hold for this stock on April 16, 2024, and downed its price target to $215. In a note dated March 06, 2024, Berenberg upgraded an Buy rating on this stock and boosted its target price from $195 to $240.
Honeywell International Inc [HON] stock has fluctuated between $188.78 and $242.77 over the past year. Currently, Wall Street analysts expect the stock to reach $223.63 within the next 12 months. Honeywell International Inc [NASDAQ: HON] shares were valued at $228.99 at the most recent close of the market. An investor can expect a potential drop of -2.34% based on the average HON price forecast.
Analyzing the HON fundamentals
Honeywell International Inc [NASDAQ:HON] reported sales of 37.84B for the trailing twelve months, which represents a growth of 5.66%. Gross Profit Margin for this corporation currently stands at 0.39% with Operating Profit Margin at 0.22%, Pretax Profit Margin comes in at 0.19%, 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 0.34 and Total Capital is 0.15. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.77.
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 227.85 points at the first support level, and at 226.72 for the second support level. However, for the 1st resistance point, the stock is sitting at 230.66, and for the 2nd resistance point, it is at 232.34.
Ratios To Look Out For
For context, Honeywell International Inc’s Current Ratio is 1.44. Also, the Quick Ratio is 1.12, while the Cash Ratio stands at 0.54. Considering the valuation of this stock, the price to sales ratio is 3.91, the price to book ratio is 8.55 and price to earnings (TTM) ratio is 26.44.
Transactions by insiders
Recent insider trading involved KEVIN BURKE, Director, that happened on Nov 15 ’24 when 504.0 shares were purchased. Director, D. SCOTT DAVIS completed a deal on Nov 08 ’24 to buy 2450.0 shares. Meanwhile, Officer KAREN L MATTIMORE bought 12532.0 shares on Nov 05 ’24.
