12.39% percent quarterly performance for Honeywell International Inc (HON) is not indicative of the underlying story

On Tuesday, Honeywell International Inc (NASDAQ: HON) opened lower -0.09% from the last session, before settling in for the closing price of $230.60. Price fluctuations for HON have ranged from $189.66 to $242.77 over the past 52 weeks.

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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%. Company’s average yearly earnings per share was noted 11.12% at the time writing. With a float of $649.66 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 39.02%, operating margin of 21.61%, and the pretax margin is 18.96%.

Honeywell International Inc (HON) Insider Activity

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 78.01%. 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) Earnings and Forecasts

If we go through the results of last quarter, which was made public on 9/30/2024, the company posted 2.6 earnings per share (EPS) for the quarter, besting the agreed prediction (set at 2.59) by 0.01. 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 11.12% 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

Check out the current performance indicators for Honeywell International Inc (HON). In the past quarter, the stock posted a quick ratio of 1.12. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.96. Likewise, its price to free cash flow for the trailing twelve months is 26.58.

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 11.03 in one year’s time.

Technical Analysis of Honeywell International Inc (HON)

Compared to the last year’s volume of 3.14 million, its volume of 4.43 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 43.50%. Additionally, its Average True Range was 4.14.

During the past 100 days, Honeywell International Inc’s (HON) raw stochastic average was set at 73.79%, which indicates a significant increase from 54.77% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 20.48% in the past 14 days, which was lower than the 20.60% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $214.91, while its 200-day Moving Average is $205.83. Nevertheless, the first resistance level for the watch stands at $231.98 in the near term. At $233.57, the stock is likely to face the second major resistance level. The third major resistance level sits at $234.63. If the price goes on to break the first support level at $229.33, it is likely to go to the next support level at $228.27. Should the price break the second support level, the third support level stands at $226.68.

Honeywell International Inc (NASDAQ: HON) Key Stats

There are currently 650,247K shares outstanding in the company with a market cap of 149.82 billion. Presently, the company’s annual sales total 36,662 M according to its annual income of 5,658 M. Last quarter, the company’s sales amounted to 9,728 M and its income totaled 1,413 M.