At the time of writing, Honeywell International Inc [HON] stock is trading at $227.69, down -0.60%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The HON shares have gain 0.62% over the last week, with a monthly amount drifted -2.66%, 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 December 11, 2024, when HSBC Securities upgraded its rating to a Buy but kept the price target unchanged to $290 for it. Previously, Wolfe Research downgraded its rating to Peer Perform on October 28, 2024. On October 25, 2024, downgrade downgraded it’s rating to Neutral and revised its price target to $217 on the stock. BofA Securities downgraded its rating to a Neutral and decreased its price target to $230 on October 24, 2024. JP Morgan downgraded its rating to a Neutral and raised its price target to $235 on October 10, 2024. Morgan Stanley started tracking with a Equal-Weight rating for this stock on September 06, 2024, and assigned it a price target of $210. In a note dated April 16, 2024, Deutsche Bank downgraded an Hold rating on this stock and revised its target price from $227 to $215.
For the past year, the stock price of Honeywell International Inc fluctuated between $189.66 and $242.77. Currently, Wall Street analysts expect the stock to reach $224.75 within the next 12 months. Honeywell International Inc [NASDAQ: HON] shares were valued at $227.69 at the most recent close of the market. An investor can expect a potential drop of -1.29% based on the average HON price forecast.
Analyzing the HON fundamentals
According to Honeywell International Inc [NASDAQ:HON], the company’s sales were 37.84B for trailing twelve months, which represents an 5.66% jump. 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 226.71 points at the first support level, and at 225.72 for the second support level. However, for the 1st resistance point, the stock is sitting at 229.31, and for the 2nd resistance point, it is at 230.92.
Ratios To Look Out For
It is important to note that Honeywell International Inc [NASDAQ:HON] has a current ratio of 1.44. Further, the Quick Ratio stands at 1.12, while the Cash Ratio is 0.54. Considering the valuation of this stock, the price to sales ratio is 3.91, the price to book ratio is 8.51 and price to earnings (TTM) ratio is 26.29.
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.
