A new trading day began on Monday, with Honeywell International Inc (NASDAQ: HON) stock price down -0.06% from the previous day of trading, before settling in for the closing price of $228.99. HON’s price has ranged from $189.66 to $242.77 over the past 52 weeks.
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Annual sales at Industrials sector company slipped by -2.29% over the past five years. Meanwhile, its annual earnings per share averaged 11.10%. With a float of $649.53 million, this company’s outstanding shares have now reached $652.18 million.
Let’s look at the performance matrix of the company that is accounted for 95000 employees. In terms of profitability, gross margin is 39.02%, operating margin of 21.61%, and the pretax margin is 18.96%.
Honeywell International Inc (HON) Insider Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the Conglomerates Industry. The insider ownership of Honeywell International Inc is 0.11%, while institutional ownership is 78.15%. The most recent insider transaction that took place on Nov 15 ’24, was worth 116,258. Before that another transaction happened on Nov 08 ’24, when Company’s Director proposed sale 2,450 for $218.37, making the entire transaction worth $535,011.
Honeywell International Inc (HON) Performance Highlights and Predictions
In its latest quarterly report, released on 9/30/2024, the company reported earnings of 2.6 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.48 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 11.10% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 7.84% 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
Here are Honeywell International Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.12. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.90. Likewise, its price to free cash flow for the trailing twelve months is 26.21.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 8.66, a number that is poised to hit 2.78 in the next quarter and is forecasted to reach 11.05 in one year’s time.
Technical Analysis of Honeywell International Inc (HON)
Honeywell International Inc (NASDAQ: HON) saw its 5-day average volume 5.52 million, a positive change from its year-to-date volume of 3.1 million. As of the previous 9 days, the stock’s Stochastic %D was 62.42%. Additionally, its Average True Range was 4.62.
During the past 100 days, Honeywell International Inc’s (HON) raw stochastic average was set at 70.51%, which indicates a significant increase from 64.92% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 24.21% in the past 14 days, which was higher than the 20.63% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $211.94, while its 200-day Moving Average is $204.81. Nevertheless, the first resistance level for the watch stands at $229.86 in the near term. At $230.86, the stock is likely to face the second major resistance level. The third major resistance level sits at $231.66. If the price goes on to break the first support level at $228.06, it is likely to go to the next support level at $227.26. Assuming the price breaks the second support level, the third support level stands at $226.26.
Honeywell International Inc (NASDAQ: HON) Key Stats
With a market capitalization of 147.73 billion, the company has a total of 650,247K Shares Outstanding. Currently, annual sales are 36,662 M while annual income is 5,658 M. The company’s previous quarter sales were 9,728 M while its latest quarter income was 1,413 M.