On November 17, 2023, Honeywell International Inc (NASDAQ: HON) opened at $191.79, higher 0.26% from the last session. During the day, the shares moved up to $192.00 and dropped to $189.93 before settling in for the closing price of $190.71. Price fluctuations for HON have ranged from $174.88 to $220.96 over the past 52 weeks.
Annual sales at Industrials sector company slipped by -2.33% over the past five years. Company’s average yearly earnings per share was noted 4.58% at the time writing. With a float of $658.65 million, this company’s outstanding shares have now reached $668.14 million.
Let’s look at the performance matrix of the company that is accounted for 97000 employees. In terms of profitability, gross margin is +38.40, operating margin of +20.40, and the pretax margin is +17.99.
Honeywell International Inc (HON) Insider Updates
A key investor’s attitude towards the stock of the Conglomerates industry is another important factor to consider. The insider ownership of Honeywell International Inc is 0.09%, while institutional ownership is 75.18%. The most recent insider transaction that took place on May 08, was worth 1,283,490. In this transaction President & COO of this company sold 6,500 shares at a rate of $197.46, taking the stock ownership to the 8,622 shares.
Honeywell International Inc (HON) Performance Highlights and Predictions
If we go through the results of last quarter, which was made public on 9/29/2023, the company posted $2.27 earnings per share (EPS) for the quarter, besting the agreed prediction (set at $2.23) by $0.04. This company achieved a net margin of +14.01 while generating a return on equity of 28.16. Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.24 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 4.58% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 7.48% during the next five years compared to 29.45% growth over the previous five years of trading.
Honeywell International Inc (NASDAQ: HON) Trading Performance Indicators
Check out the current performance indicators for Honeywell International Inc (HON). In the past quarter, the stock posted a quick ratio of 1.01. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.46. Likewise, its price to free cash flow for the trailing twelve months is 32.87.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 8.07, a number that is poised to hit 2.59 in the next quarter and is forecasted to reach 9.97 in one year’s time.
Technical Analysis of Honeywell International Inc (HON)
Honeywell International Inc (NASDAQ: HON) saw its 5-day average volume 2.61 million, a negative change from its year-to-date volume of 2.79 million. As of the previous 9 days, the stock’s Stochastic %D was 81.20%. Additionally, its Average True Range was 3.09.
During the past 100 days, Honeywell International Inc’s (HON) raw stochastic average was set at 45.37%, which indicates a significant decrease from 91.27% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 15.75% in the past 14 days, which was lower than the 18.11% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $186.19, while its 200-day Moving Average is $193.39. Nevertheless, the first resistance level for the watch stands at $192.16 in the near term. At $193.12, the stock is likely to face the second major resistance level. The third major resistance level sits at $194.23. If the price goes on to break the first support level at $190.09, it is likely to go to the next support level at $188.98. Assuming the price breaks the second support level, the third support level stands at $188.02.
Honeywell International Inc (NASDAQ: HON) Key Stats
There are currently 659,251K shares outstanding in the company with a market cap of 126.06 billion. Presently, the company’s annual sales total 35,466 M according to its annual income of 4,966 M. Last quarter, the company’s sales amounted to 9,212 M and its income totaled 1,514 M.