The price-to-earnings ratio for Honeywell International Inc (NASDAQ: HON) is 27.16x, which is above its average ratio. Moreover, the 36-month beta value for HON is 1.05. Analysts have varying opinions on the stock, with 9 analysts rating it as a “buy,” 2 as “overweight,” 15 as “hold,” and 0 as “sell.”
The public float for HON is 649.66M and currently, short sellers hold a 1.29% of that float. On December 16, 2024, HON’s average trading volume was 3.95M shares.
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HON) stock’s latest price update
Honeywell International Inc (NASDAQ: HON)’s stock price has soared by 3.33 in relation to previous closing price of 227.62. Nevertheless, the company has seen a gain of 4.49% in its stock price over the last five trading days. investopedia.com reported 2024-12-16 that Honeywell International (HON) shares advanced Monday as the conglomerate issued an update on its portfolio review begun earlier this year, noting that it is considering spinning off its aerospace unit.
HON’s Market Performance
HON’s stock has risen by 4.49% in the past week, with a monthly rise of 1.96% and a quarterly rise of 15.16%. The volatility ratio for the week is 1.74% while the volatility levels for the last 30 days are 1.56% for Honeywell International Inc. The simple moving average for the past 20 days is 2.81% for HON’s stock, with a 13.17% simple moving average for the past 200 days.
Analysts’ Opinion of HON
Many brokerage firms have already submitted their reports for HON stocks, with HSBC Securities repeating the rating for HON by listing it as a “Buy.” The predicted price for HON in the upcoming period, according to HSBC Securities is $290 based on the research report published on December 11, 2024 of the current year 2024.
Robert W. Baird gave a rating of “Neutral” to HON, setting the target price at $217 in the report published on October 25th of the current year.
HON Trading at 6.34% 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 -3.12% of loss for the given period.
Volatility was left at 1.56%, however, over the last 30 days, the volatility rate increased by 1.74%, as shares surge +2.45% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +15.12% upper at present.
During the last 5 trading sessions, HON rose by +4.46%, which changed the moving average for the period of 200-days by +18.09% in comparison to the 20-day moving average, which settled at $228.75. In addition, Honeywell International Inc saw 12.15% 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 4.57. 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 wrap up, the performance of Honeywell International Inc (HON) has been better in recent times. The stock has received a bullish of “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
