The Honeywell International Inc. (NYSE:HON) is going down by -0.05% in today’s trading session, a fall equivalent to -0.08% of the stock’s price from yesterday’s market close. A news came out 6 hours ago stating that Fujian Meide Taps Honeywell Technology To Monitor On-Purpose Propylene Production by WSJ. The lowest point that the shares touched during the trading session was $165.76, while the peak of the day was recorded at a share price of $167.41. HON finished the previous session at $166.21 according to the data provided by Barchart, while the trading volume was observed to be $1,225,422.
In the 100 days of trading, HON managed to top a 169.81% Moving average. Additionally, Honeywell International Inc. shares have achieved a 52-week range between 123.48 and 178.47 alongside 100 days raw stochastic set at 47.28%.
The number of shares outstanding, according to the fundamentals of the company, is set at 723.45M, equal to the value of $120.24B in market capitalization. In the last 30 days, Honeywell International Inc. shares went down by -3.87%, adding 172.73 to growth in value, on top of a +7.19% boost since 08/16/19.
Honeywell International Inc. (NYSE:HON) Analyst’s Estimates
Honeywell International Inc. (HON) could record at least $2.01 per share in quarterly earnings in the upcoming report on 10/21/2019, a number that would actually represent an increase of 9.67% YOY.
According to the average analyst rating, Honeywell International Inc. would be rated as Overweight. Out of 24 different analysts monitoring HON stock, 16 analysts rate the stock as a BUY, 5 suggest to give the rating of HOLD, 3 indicate that HON is an OVERWEIGHT, 0 rated the stock as a SELL, and 0 analyst believes that the stock should be rated as UNDERWEIGHT.
On Jan-08-19, the stock earned a Downgrade rating due to a new analyst call from Oppenheimer, while analysts from RBC Capital Mkts believe that the stock is set at Outperform from Sector Perform, as concluded on Jan-04-19. Credit Suisse, is still rather wary about the stock, deciding to keep the rating at Outperform as confirmed through a call on Jan-03-19.
Credit Suisse, on the other hand, provided a rather enthusiastic opinion on the rating, concluded in an analyst call on Oct-12-18, giving the stock a Neutral rating.
HON Key Ratios To Watch:
Taking in account the profitability of the Company, gross profit margin of +36.87% has been attained, while the operating margin has been recorded at +18.64%. The firm is also showcasing profitability through returns on assets in the company’s ownership, with ROA set at 11.55%. Beta value of the stock is recorded at 1.10. Additionally, Honeywell International Inc. is recording price volatility of 1.41% for the period of the last seven days and 1.63% in the last 30 days.
Honeywell International Inc. (NYSE:HON) Technical Outlook
For the period of the last 50 days, Honeywell International Inc. had its Raw Stochastic average set at 49.62% for the latest technical analysis. In comparison to the period of the last 20 days, the present Raw Stochastic average for the last 50 days poses as improvement, set at 62.51%. Stochastic %K for Honeywell International Inc., with the last 20 days included, was set at 65.92%, having Stochastic %D topping 72.30%. Based on the previous performance of the company for the mentioned period, there are more than several recorded moving trends. When it comes to the period of the last 12 months, accounting the time for year-to-date, price performance appears to be encouraging for Honeywell International Inc. stocks with recording 25.80% in metrics.
Honeywell International Inc. Insider Watch:
As far as the position of shares issued by Honeywell International Inc. (NYSE:HON) for the period concluded at the market close of 09/16/19, 842 institutional investors increased their positions in HON shares by 28,915,332, 855 decreased positions by 25,299,400 and 285 institutional investors decided to hold positions at 502,275,717. These numbers put the complete list of institutional holdings set at 556,490,449 shares, in accordance with filings submitted to the Securities and Exchange Commission. The stock had another 127 institutional investments with 1,730,678 new shares in addition to having 74 institutional investors selling their positions in 2,308,542 shares.