Honeywell International Inc. (NASDAQ:HON) went down by -0.68% from its latest closing price compared to the recent 1-year high of $234.02. The company’s stock price has collected -1.29% of loss in the last five trading sessions. Press Release reported on 06/09/21 that Honeywell To Provide Cockpit Technologies For 7-Seater Lilium Jet
Is It Worth Investing in Honeywell International Inc. (NASDAQ :HON) Right Now?
Honeywell International Inc. (NASDAQ:HON) scored a price-to-earnings ratio above its average ratio, recording 34.63 x from its present earnings ratio. Plus, the 36-month beta value for HON is at 1.15. Opinions of the stock are interesting as 13 analysts out of 26 who provided ratings for Honeywell International Inc. declared the stock was a “buy,” while 2 rated the stock as “overweight,” 8 rated it as “hold,” and 2 as “sell.”
The average price from analysts is $241.14, which is $10.54 above the current price. HON currently public float of 693.69M and currently shorts hold a 0.83% ratio of that float. Today, the average trading volume of HON was 2.71M shares.
HON’s Market Performance
HON stocks went down by -1.29% for the week, with a monthly drop of -1.27% and a quarterly performance of 6.47%, while its annual performance rate touched 46.80%. The volatility ratio for the week stands at 1.27% while the volatility levels for the past 30 days are set at 1.50% for Honeywell International Inc.. The simple moving average for the period of the last 20 days is -0.13% for HON stocks with a simple moving average of 12.31% for the last 200 days.
Analysts’ Opinion of HON
Many brokerage firms have already submitted their reports for HON stocks, with Deutsche Bank repeating the rating for HON by listing it as a “Buy.” The predicted price for HON in the upcoming period, according to Deutsche Bank is $244 based on the research report published on April 09th of the current year 2021.
Jefferies, on the other hand, stated in their research note that they expect to see HON reach a price target of $210, previously predicting the price at $190. The rating they have provided for HON stocks is “Hold” according to the report published on November 18th, 2020.
HSBC Securities gave a rating of “Hold” to HON, setting the target price at $200 in the report published on November 18th of the previous year.
HON Trading at 0.25% from the 50-Day Moving Average
After a stumble in the market that brought HON to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -3.32% of loss for the given period.
Volatility was left at 1.50%, however, over the last 30 days, the volatility rate increased by 1.27%, as shares surge +2.82% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +3.74% upper at present.
During the last 5 trading sessions, HON fell by -1.29%, which changed the moving average for the period of 200-days by +41.97% in comparison to the 20-day moving average, which settled at $226.85. In addition, Honeywell International Inc. saw 6.37% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at HON starting from Madden Anne T, who sale 8,885 shares at the price of $223.22 back on Apr 29. After this action, Madden Anne T now owns 28,912 shares of Honeywell International Inc., valued at $1,983,310 using the latest closing price.
HONEYWELL INTERNATIONAL INC, the May be a member of 10% group of Honeywell International Inc., purchase 4,000 shares at $4.20 during a trade that took place back on Dec 21, which means that HONEYWELL INTERNATIONAL INC is holding 2,896,116 shares at $16,800 based on the most recent closing price.
Stock Fundamentals for HON
Current profitability levels for the company are sitting at:
- +19.27 for the present operating margin
- +37.24 for the gross margin
The net margin for Honeywell International Inc. stands at +14.64. The total capital return value is set at 16.46, while invested capital returns managed to touch 14.78. Equity return is now at value 25.80, with 7.20 for asset returns.
Based on Honeywell International Inc. (HON), the company’s capital structure generated 132.27 points at debt to equity in total, while total debt to capital is 56.95. Total debt to assets is 35.94, with long-term debt to equity ratio resting at 96.77. Finally, the long-term debt to capital ratio is 41.66.
When we switch over and look at the enterprise to sales, we see a ratio of 4.89, with the company’s debt to enterprise value settled at 0.15. The receivables turnover for the company is 4.41 and the total asset turnover is 0.53. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.47.