Understanding the Recent Fluctuations of Honeywell International Inc’s (HON) Stock

In the past week, HON stock has gone up by 0.37%, with a monthly gain of 11.80% and a quarterly surge of 12.25%. The volatility ratio for the week is 1.41%, and the volatility levels for the last 30 days are 1.87% for Honeywell International Inc The simple moving average for the last 20 days is 1.88% for HON stock, with a simple moving average of 11.43% for the last 200 days.

Is It Worth Investing in Honeywell International Inc (NASDAQ: HON) Right Now?

Honeywell International Inc (NASDAQ: HON) has a price-to-earnings ratio that is above its average at 26.55x. The stock has a 36-month beta value of 1.05. Opinions on the stock are mixed, with 8 analysts rating it as a “buy,” 2 as “overweight,” 15 as “hold,” and 0 as “sell.”

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The public float for HON is 649.66M, and at present, short sellers hold a 1.64% of that float. On December 03, 2024, the average trading volume of HON was 3.74M shares.

HON) stock’s latest price update

Honeywell International Inc (NASDAQ: HON)’s stock price has plunge by -1.28relation to previous closing price of 232.93. Nevertheless, the company has seen a 0.37% surge in its stock price over the last five trading sessions. reuters.com reported 2024-12-02 that Honeywell on Monday cut its profit and sales forecasts for the fourth quarter and the full year to take into account investments associated with an agreement to provide aviation-related technology for Bombardier’s aircraft.

Analysts’ Opinion of HON

Robert W. Baird, on the other hand, stated in their research note that they expect to see HON reach a price target of $217, previously predicting the price at $223. The rating they have provided for HON stocks is “Neutral” according to the report published on October 25th, 2024.

BofA Securities gave a rating of “Neutral” to HON, setting the target price at $230 in the report published on October 24th of the current year.

HON Trading at 6.17% 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 -5.28% of loss for the given period.

Volatility was left at 1.87%, however, over the last 30 days, the volatility rate increased by 1.41%, as shares surge +9.92% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +13.08% upper at present.

During the last 5 trading sessions, HON rose by +0.37%, which changed the moving average for the period of 200-days by +16.17% in comparison to the 20-day moving average, which settled at $225.70. In addition, Honeywell International Inc saw 9.65% in overturn over a single year, with a tendency to cut further gains.

Insider Trading

Reports are indicating that there were more than several insider trading activities at HON starting from KEVIN BURKE, who proposed sale 504 shares at the price of $230.67 back on Nov 15 ’24. After this action, KEVIN BURKE now owns shares of Honeywell International Inc, valued at $116,258 using the latest closing price.

D. SCOTT DAVIS, the Director of Honeywell International Inc, proposed sale 2,450 shares at $218.37 during a trade that took place back on Nov 08 ’24, which means that D. SCOTT DAVIS is holding shares at $535,011 based on the most recent closing price.

Stock Fundamentals for HON

Current profitability levels for the company are sitting at:

  • 0.22 for the present operating margin
  • 0.39 for the gross margin

The net margin for Honeywell International Inc stands at 0.15. The total capital return value is set at 0.15. Equity return is now at value 32.81, with 8.43 for asset returns.

Based on Honeywell International Inc (HON), the company’s capital structure generated 0.64 points at debt to capital in total, while cash flow to debt ratio is standing at 0.22. The debt to equity ratio resting at 1.77. The interest coverage ratio of the stock is 8.44.

Currently, EBITDA for the company is 8.73 billion with net debt to EBITDA at 2.15. When we switch over and look at the enterprise to sales, we see a ratio of 4.48. The receivables turnover for the company is 4.8for trailing twelve months and the total asset turnover is 0.51. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.44.

Conclusion

To sum up, Honeywell International Inc (HON) has seen a better performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.

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