Don't Take a Position in Honeywell International Stocks Without Knowing Its Fundamentals!

By Harris Dyer • Thursday, November 02 12:37 • Permanent Link

Large-cap Industrials company Honeywell International has moved 0.5% so far today on a volume of 740,665, compared to its average of 2,706,764. In contrast, the S&P 500 index moved 1.0%.

Honeywell International trades -14.32% away from its average analyst target price of $215.76 per share. The 21 analysts following the stock have set target prices ranging from $180.0 to $265.0, and on average have given Honeywell International a rating of buy.

If you are considering an investment in HON, you'll want to know the following:

Honeywell International's current price is 164.8% above its Graham number of $69.82, which implies that at its current valuation it does not offer a margin of safety
Honeywell International has moved -9.0% over the last year, and the S&P 500 logged a change of 17.0%
Based on its trailing earnings per share of 8.08, Honeywell International has a trailing 12 month Price to Earnings (P/E) ratio of 22.9 while the S&P 500 average is 15.97
HON has a forward P/E ratio of 18.4 based on its forward 12 month price to earnings (EPS) of $10.05 per share
The company has a price to earnings growth (PEG) ratio of 2.54 — a number near or below 1 signifying that Honeywell International is fairly valued compared to its estimated growth potential
Its Price to Book (P/B) ratio is 7.07 compared to its sector average of 3.78
Honeywell International Inc. operates as a diversified technology and manufacturing company worldwide.
Based in Charlotte, the company has 97,000 full time employees and a market cap of $121.88 Billion. Honeywell International currently returns an annual dividend yield of 2.2%.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.