The company must continue to innovate, invest in research and development and differentiate its products and services to maintain its competitive edge. Honeywell’s competitive advantages in pursuing these growth opportunities lie in its extensive expertise, global reach, and strong customer relationships. HON slipped 0.6% benefits of hrp in premarket trading Thursday, after the aerospace and defense company reported second-quarter profit that topped expectations but revenue that … According to 15 analysts, the average rating for HON stock is “Buy.” The 12-month stock price forecast is $211.47, which is an increase of 9.55% from the latest price.
You will find other valuable comparisons for companies across industries at Peer Comparisons. Honeywell is a multinational company operating in multiple sectors and must navigate regulatory complexities and compliance requirements. Changes in government policies, environmental regulations, and trade agreements can influence the company’s operations and profitability. Our experts picked 7 Zacks Rank #1 Strong Buy stocks with the best chance to skyrocket within the next days.
Honeywell International (HON) Stock Forecast, Price & News
The quarterly cash dividend was payable on September 1, 2023 to stockholders of record on August 10, 2023. Industrial conglomerate Honeywell International Inc posted a better-than-expected quarterly profit and slightly raised its full-year forecasts on Thursday, on strong performance in its aviation busine… In the wake of China’s weaker than expected economic data, Jim Cramer told investors which stocks to watch. Honeywell will provide the largest lithium iron phosphate battery gigafactory in the U.S. with central controls and digital visualization to increase operational efficiency, enhance safety and drive m… Zacks Earnings ESP (Expected Surprise Prediction) looks to find companies that have recently seen positive earnings estimate revision activity. The idea is that more recent information is, generally speaking, more accurate and can be a better predictor of the future, which can give investors an advantage in earnings season.
The P/B ratio is used to compare a stock’s market value with its book value, which is defined as total assets minus total liabilities. Get this delivered to your inbox, and more info about our products and services. Ken West, CEO of Honeywell UOP, how the company’s technologies are helping facilitate the clean energy transition. We’d like to share more about how we work and what drives our day-to-day business. Transparency is how we protect the integrity of our work and keep empowering investors to achieve their goals and dreams. And we have unwavering standards for how we keep that integrity intact, from our research and data to our policies on content and your personal data.
Morningstar analysts hand-select direct competitors or comparable companies to
provide context on the strength and durability of HON’s
competitive advantage. Furthermore, the Covid-19 crisis has created many pricing discontinuities which can offer attractive trading opportunities. For example, you’ll be surprised at how counter-intuitive the stock valuation is for Honeywell vs. Amkor. Upgrade to MarketBeat All Access to add more stocks to your watchlist.
Time to Upgrade!
Honeywell can leverage the increasing demand for fuel-efficient engines, advanced avionics, and connectivity solutions in the aerospace sector. The company’s ongoing investments in research and development enable it to deliver innovative solutions that enhance flight safety, efficiency, and connectivity. Honeywell International Inc. is a renowned leader in the technology and manufacturing industry, providing innovative solutions to customers worldwide. The company’s mission is to invent and manufacture technologies that address critical global challenges while improving the quality of life and the environment. Honeywell’s commitment to excellence, sustainability, and corporate social responsibility guides its operations and strategic decisions. Value investors analyze a variety of traditional, tried-and-true metrics to help find companies that they believe are undervalued at their current share price levels.
Identifying and managing these risks is crucial for sustained success in a dynamic business environment. Honeywell’s extensive portfolio and technological expertise contribute to its competitive advantages within these industries. The company’s long-standing reputation, global presence, and commitment to innovation position it favorably relative to its peers. Honeywell Intl’s Q3 earnings are confirmed for Thursday, October 26, 2023. Get stock recommendations, portfolio guidance, and more from The Motley Fool’s premium services.
Click the link below and we’ll send you MarketBeat’s list of seven stocks and why their long-term outlooks are very promising. MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.
HONEYWELL AND RECIPHARM TO SPEED DEVELOPMENT OF INHALERS WITH A NEAR-ZERO GLOBAL WARMING POTENTIAL PROPELLANT
The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank. Dow Jones Industrial Average, S&P 500, Nasdaq, and Morningstar Index (Market Barometer) quotes are real-time. This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
The company issued revenue guidance of $36.70 billion-$37.30 billion, compared to the consensus revenue estimate of $37.01 billion. The company employs various strategies to mitigate potential risks, including diversification across industries, regions, and customer segments. Proactively monitoring market conditions, continuous innovation, and operational excellence contribute to risk mitigation.
To see all exchange delays and terms of use please see Barchart’s disclaimer. Honeywell International’s stock is owned by many different institutional and retail investors. Ltd Zurich (254.03%), BlackRock Inc. (6.49%), State Street Corp (4.67%), Geode Capital Management LLC (1.94%), Franklin Resources Inc. (1.11%) and Bank of New York Mellon Corp (1.07%). Insiders that own company stock include Anne T Madden, D Scott Davis, Darius Adamczyk, George Koutsaftes, Gregory P Lewis, Honeywell International Inc, Que Dallara, Que Dallara, Rajeev Gautam and Vimal Kapur.
Honeywell CEO Darius Adamczyk joins ‘Squawk on the Street’ to discuss Honeywell’s quarterly earnings results, Kapur’s guidance amid the macroeconomic landscape, and how strong the aerospace industry i… The technique has proven to be very useful for finding positive surprises. You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities. Style is an investment factor that has a meaningful impact on investment risk and returns.
Nearly 6 in 10 retailers plan to adopt AI, machine learning and computer vision technologies within the next year CHARLOTTE, N.C. Company becomes the first to integrate quantum-computing-hardened encryption keys into smart meters for gas, water and electric utilities Quantinuum’s advanced technology provides heightened protectio… The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%. An industry with a larger percentage of Zacks Rank #1’s and #2’s will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4’s and #5’s.
Which Is A Better Pick – Honeywell Stock Or Amgen? – Forbes
Which Is A Better Pick – Honeywell Stock Or Amgen?.
Posted: Mon, 11 Sep 2023 13:00:57 GMT [source]
Honeywell Building Technologies delivers software applications for building control and optimization, including energy management, access control, video surveillance, and fire products. The company’s offerings help customers achieve energy efficiency, operational optimization, and enhanced building safety and security. 12 Wall Street analysts have issued “buy,” “hold,” and “sell” ratings for Honeywell International in the last year. There are currently 1 sell rating, 6 hold ratings and 5 buy ratings for the stock.
Company Ownership
Global economic conditions and geopolitical uncertainties can challenge Honeywell, affecting customer demand and market conditions. Fluctuations in commodity prices, supply chain disruptions, and currency exchange rates may impact the company’s profitability and cost structure. Recent stocks from this report have soared up to +178.7% in 3 months – this month’s picks could be even better. We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. The proven Zacks Rank emphasizes companies with positive estimate revision trends, and our Style Scores highlight stocks with specific traits. These two companies have both continually raised guidance over the last few years but their share price performance has differed dramatically.
- The company has several avenues for growth based on market trends, emerging technologies, and customer needs.
- Zacks Earnings ESP (Expected Surprise Prediction) looks to find companies that have recently seen positive earnings estimate revision activity.
- Honeywell International Inc. is led by a talented and experienced management team that drives the company’s success.
- More value-oriented stocks tend to represent financial services, utilities, and energy stocks.
- Click the link below and we’ll send you MarketBeat’s list of seven stocks and why their long-term outlooks are very promising.
- But which of these two companies is the best option for those looking for undervalued stocks?
Honeywell International declared a quarterly dividend on Friday, July 28th. Investors of record on Friday, August 11th will be given a dividend of $1.03 per share on Friday, September 1st. The company is scheduled to release its next quarterly earnings announcement on Thursday, October 26th 2023. Identifying and capitalizing on growth opportunities is crucial for Honeywell’s long-term success. The company has several avenues for growth based on market trends, emerging technologies, and customer needs.
The industries in which Honeywell operates, including aerospace, building technologies, performance materials and technologies, and safety and productivity solutions, offer significant growth potential. However, these sectors are also subject to intense competition, evolving customer demands, and regulatory changes. At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors.
Honeywell International Inc. (HON) is Attracting Investor Attention … – Nasdaq
Honeywell International Inc. (HON) is Attracting Investor Attention ….
Posted: Thu, 07 Sep 2023 13:00:00 GMT [source]
As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style. The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style. HON’s beta can be found in Trading Information at the top of this page.
Earnings Transcripts
Compare
HON’s historical performance
against its industry peers and the overall market. Interestingly, HON and AMGN have had a Sharpe Ratio of 0.3 since early 2017, lower than 0.6 for the S&P 500 Index over the same period. This compares with the Sharpe of 1.3 for the Trefis Reinforced Value portfolio. Sharpe is a measure of return per unit of risk, and high-performance portfolios can provide the best of both worlds. One share of HON stock can currently be purchased for approximately $193.04. Honeywell faces potential risks and challenges that could impact its business operations and financial performance.
A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return. The monthly returns are then compounded to arrive https://1investing.in/ at the annual return. Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations.
- HON slipped 0.6% in premarket trading Thursday, after the aerospace and defense company reported second-quarter profit that topped expectations but revenue that …
- While HON and AMGN may offer little returns in the next three years, it is helpful to see how Honeywell’s Peers fare on metrics that matter.
- See how low Honeywell stock can go by comparing its decline in previous market crashes.
- The company must continue to innovate, invest in research and development and differentiate its products and services to maintain its competitive edge.
- Investors interested in stocks from the Diversified Operations sector have probably already heard of 3M (MMM Quick QuoteMMM – Free Report) and Honeywell International Inc. (HON Quick QuoteHON – Free Report) .
- We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system.
This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. Since 1988 it has more than doubled the S&P 500 with an average gain of +24.32% per year. These returns cover a period from January 1, 1988 through July 31, 2023. Zacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during that particular month.
Leave a Reply
Want to join the discussion?Feel free to contribute!