Honeywell International Inc (NASDAQ: HON) on Tuesday, soared 0.38% from the previous trading day, before settling in for the closing price of $221.50. Within the past 52 weeks, HON’s price has moved between $174.88 and $222.98.
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Over the past five-year period, the drop rate of yearbook sales for the company of the Industrials sector was -2.29%. The company achieved an average annual earnings per share of 10.20%. With a float of $649.09 million, this company’s outstanding shares have now reached $652.18 million.
Considering the fact that the conglomerate employs 95000 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 39.0%, operating margin of 21.31%, and the pretax margin is 19.61%.
Honeywell International Inc (HON) Insider Activity
Observing investor behavior towards Conglomerates industry stocks is more important than anything else. The insider ownership of Honeywell International Inc is 0.09%, while institutional ownership is 78.11%. The most recent insider transaction that took place on Aug 15 ’24, was worth 107,494. Before that another transaction happened on May 15 ’24, when Company’s Director sold 28,500 for $203.96, making the entire transaction worth $5,812,860. This insider now owns 203,510 shares in total.
Honeywell International Inc (HON) Earnings and Forecasts
As on 6/30/2024, Multinational firm has announced its last quarter scores, in which it reported 2.27 earnings per share (EPS) for the period topping the consensus outlook (set at 2.23) by 0.04. Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.78 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 10.20% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 8.27% 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
Honeywell International Inc (HON) is currently performing well based on its current performance indicators. A quick ratio of 0.91 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 3.87. Likewise, its price to free cash flow for the trailing twelve months is 26.37.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 8.77, a number that is poised to hit 2.51 in the next quarter and is forecasted to reach 11.16 in one year’s time.
Technical Analysis of Honeywell International Inc (HON)
Compared to the last year’s volume of 2.85 million, its volume of 3.49 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 95.07%. Additionally, its Average True Range was 3.26.
During the past 100 days, Honeywell International Inc’s (HON) raw stochastic average was set at 97.70%, which indicates a significant increase from 97.05% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 14.42% in the past 14 days, which was lower than the 16.65% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $206.31, while its 200-day Moving Average is $203.31. Nevertheless, the first resistance level for the watch stands at $223.54 in the near term. At $224.73, the stock is likely to face the second major resistance level. The third major resistance level sits at $226.63. If the price goes on to break the first support level at $220.46, it is likely to go to the next support level at $218.56. Should the price break the second support level, the third support level stands at $217.37.
Honeywell International Inc (NASDAQ: HON) Key Stats
Market capitalization of the company is 144.45 billion based on 651,186K outstanding shares. Right now, sales total 36,662 M and income totals 5,658 M. The company made 9,577 M in profit during its latest quarter, and 1,544 M in sales during its previous quarter.
