Honeywell International Inc (HON) kicked off at the price of $193.77: Venture capitalists have an exciting new opportunity

Honeywell International Inc (NASDAQ: HON) kicked off on Monday, up 0.17% from the previous trading day, before settling in for the closing price of $193.45. Over the past 52 weeks, HON has traded in a range of $174.88-$210.87.

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During the last 5-year period, the sales drop of Industrials Sector giant was -2.29%. While this was happening, its average annual earnings per share was recorded 8.55%. With a float of $651.56 million, this company’s outstanding shares have now reached $652.18 million.

Let’s determine the extent of company efficiency that accounts for 95000 employees.

Honeywell International Inc (HON) Breakdown of a Key Holders of the stock

Our next focus will be how large-scale investors are participating in this stock of the Conglomerates Industry. The insider ownership of Honeywell International Inc is 0.09%, while institutional ownership is 77.86%. The most recent insider transaction that took place on Feb 12 ’24, was worth 5,028,345. In this transaction Director of this company sold 25,500 shares at a rate of $197.19, taking the stock ownership to the 183,400 shares. Before that another transaction happened on Feb 05 ’24, when Company’s SrVP and General Counsel sold 25,000 for $194.07, making the entire transaction worth $4,851,750. This insider now owns 33,683 shares in total.

Honeywell International Inc (HON) Recent Fiscal highlights

In the latest quarterly report, which was put into the public domain on 3/31/2024, the organization reported 2.23 earnings per share (EPS), higher than consensus estimate (set at 2.21) by 0.02. Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.5 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 8.55% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 8.45% during the next five years compared to -1.17% drop over the previous five years of trading.

Honeywell International Inc (NASDAQ: HON) Trading Performance Indicators

Take a look at Honeywell International Inc’s (HON) current performance indicators. Last quarter, stock had a quick ratio of 1.28. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.43. Likewise, its price to free cash flow for the trailing twelve months is 23.01.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 8.63, a number that is poised to hit 2.32 in the next quarter and is forecasted to reach 10.88 in one year’s time.

Technical Analysis of Honeywell International Inc (HON)

Looking closely at Honeywell International Inc (NASDAQ: HON), its last 5-days average volume was 3.13 million, which is a jump from its year-to-date volume of 3.01 million. As of the previous 9 days, the stock’s Stochastic %D was 35.28%. Additionally, its Average True Range was 3.39.

During the past 100 days, Honeywell International Inc’s (HON) raw stochastic average was set at 19.62%, which indicates a significant decrease from 38.71% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 14.09% in the past 14 days, which was lower than the 15.41% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $197.95, while its 200-day Moving Average is $194.59. However, in the short run, Honeywell International Inc’s stock first resistance to watch stands at $194.61. Second resistance stands at $195.46. The third major resistance level sits at $196.65. If the price goes on to break the first support level at $192.57, it is likely to go to the next support level at $191.38. Now, if the price goes above the second support level, the third support stands at $190.53.

Honeywell International Inc (NASDAQ: HON) Key Stats

The company with the Market Capitalisation of 126.37 billion has total of 651,185K Shares Outstanding. Its annual sales at the moment are 36,662 M in contrast with the sum of 5,658 M annual income. Company’s last quarter sales were recorded 9,440 M and last quarter income was 1,263 M.