Honeywell International Inc. (NASDAQ: HON) on January 24, 2023, started off the session at the price of $203.96, soaring 1.21% from the previous trading day. During the day, the shares moved up to $207.68 and dropped to $202.225 before settling in for the closing price of $204.46. Within the past 52 weeks, HON’s price has moved between $166.63 and $220.96.
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Over the past five-year period, the drop rate of yearbook sales for the company of the Industrials sector was -2.60%. The company achieved an average annual earnings per share of 17.80%. With a float of $671.54 million, this company’s outstanding shares have now reached $674.10 million.
Considering the fact that the conglomerate employs 99000 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is +37.14, operating margin of +19.61, and the pretax margin is +21.04.
Honeywell International Inc. (HON) Insider Activity
Observing investor behavior towards Specialty Industrial Machinery industry stocks is more important than anything else. The insider ownership of Honeywell International Inc. is 0.10%, while institutional ownership is 75.90%. The most recent insider transaction that took place on Nov 18, was worth 1,160,798. In this transaction President and CEO, SPS of this company sold 5,420 shares at a rate of $214.17, taking the stock ownership to the 7,343 shares. Before that another transaction happened on Nov 08, when Company’s Chairman and CEO sold 40,520 for $211.20, making the entire transaction worth $8,557,840. This insider now owns 170,881 shares in total.
Honeywell International Inc. (HON) Earnings and Forecasts
As on 9/29/2022, Multinational firm has announced its last quarter scores, in which it reported $2.25 earnings per share (EPS) for the period topping the consensus outlook (set at $2.16) by $0.09. This company achieved a net margin of +16.12 while generating a return on equity of 30.69. Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.08 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 17.80% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 7.85% during the next five years compared to 5.00% growth over the previous five years of trading.
Honeywell International Inc. (NASDAQ: HON) Trading Performance Indicators
Honeywell International Inc. (HON) is currently performing well based on its current performance indicators. A quick ratio of 0.90 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.96. Likewise, its price to free cash flow for the trailing twelve months is 67.04.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 7.82, a number that is poised to hit 2.55 in the next quarter and is forecasted to reach 9.15 in one year’s time.
Technical Analysis of Honeywell International Inc. (HON)
Compared to the last year’s volume of 3.29 million, its volume of 3.93 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 30.76%. Additionally, its Average True Range was 4.52.
During the past 100 days, Honeywell International Inc.’s (HON) raw stochastic average was set at 74.18%, which indicates a significant increase from 44.11% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 29.03% in the past 14 days, which was higher than the 24.45% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $212.93, while its 200-day Moving Average is $193.84. Nevertheless, the first resistance level for the watch stands at $209.00 in the near term. At $211.07, the stock is likely to face the second major resistance level. The third major resistance level sits at $214.45. If the price goes on to break the first support level at $203.54, it is likely to go to the next support level at $200.16. Should the price break the second support level, the third support level stands at $198.09.
Honeywell International Inc. (NASDAQ: HON) Key Stats
Market capitalization of the company is 138.18 billion based on 672,322K outstanding shares. Right now, sales total 34,392 M and income totals 5,542 M. The company made 8,951 M in profit during its latest quarter, and 1,552 M in sales during its previous quarter.