Honeywell International Inc (HON) recent quarterly performance of -1.40% is not showing the real picture

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Honeywell International Inc (NASDAQ: HON) open the trading on Wednesday, with great promise as it jumped 2.05% to $205.13, before settling in for the price of $201.00 at the close. Taking a more long-term approach, HON posted a 52-week range of $174.88-$210.87.

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The company of the Industrials sector’s yearbook sales growth during the past 5- year span was recorded -2.29%. Meanwhile, its Annual Earning per share during the time was -1.17%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 8.75%. This publicly-traded company’s shares outstanding now amounts to $652.18 million, simultaneously with a float of $651.56 million. The organization now has a market capitalization sitting at $133.78 billion. At the time of writing, stock’s 50-day Moving Average stood at $199.03, while the 200-day Moving Average is $195.47.

Honeywell International Inc (HON) Ownership Facts and Figures

Sometimes it helps to make our mind if we keep our tabs on how bigger investors are working with the stock of the Conglomerates industry. Honeywell International Inc’s current insider ownership accounts for 0.10%, in contrast to 78.05% institutional ownership. According to the most recent insider trade that took place on Feb 12 ’24, this organization’s Director sold 25,500 shares at the rate of 197.19, making the entire transaction reach 5,028,345 in total value, affecting insider ownership by 183,400. Preceding that transaction, on Feb 05 ’24, Company’s SrVP and General Counsel sold 25,000 for 194.07, making the whole transaction’s value amount to 4,851,750. This particular insider is now the holder of 33,683 in total.

Honeywell International Inc (HON) Earnings and Revenue Records

So, what does the last quarter earnings report of the company that was made public on 12/30/2023 suggests? It has posted $2.6 earnings per share (EPS) beating the forecaster’s viewpoint (set at $2.59) by $0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.39 per share during the current fiscal year.

Honeywell International Inc’s EPS increase for this current 12-month fiscal period is 8.75% and is forecasted to reach 10.89 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 8.61% through the next 5 years, which can be compared against the -1.17% growth it accomplished over the previous five years trading on the market.

Honeywell International Inc (NASDAQ: HON) Trading Performance Indicators

Let’s observe the current performance indicators for Honeywell International Inc (HON). It’s Quick Ratio in the last reported quarter now stands at 0.93. The Stock has managed to achieve an average true range (ATR) of 3.03. Alongside those numbers, its PE Ratio stands at $24.22, and its Beta score is 1.02. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 3.65. Similarly, its price to free cash flow for trailing twelve months is now 31.10.

In the same vein, HON’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 8.47, a figure that is expected to reach 2.17 in the next quarter, and analysts are predicting that it will be 10.89 at the market close of one year from today.

Technical Analysis of Honeywell International Inc (HON)

[Honeywell International Inc, HON] recent stats showed that its last 5-days Average volume was poorer than the volume it posted in the year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 72.07% While, its Average True Range was 3.04.

Raw Stochastic average of Honeywell International Inc (HON) in the period of the previous 100 days is set at 80.02%, which indicates a major fall in contrast to 98.74% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 16.09% that was higher than 15.19% volatility it exhibited in the past 100-days period.