The stock of Honeywell International Inc (NASDAQ:HON) last traded at $219.55, up 0.27% from the previous session.
HON stock price is now 7.15% away from the 50-day moving average and 8.13% away from the 200-day moving average. The market capitalization of the company currently stands at $142.64B.
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With the price target enhanced from $225 to $235, JP Morgan Downgraded its rating from Overweight to Neutral for Honeywell International Inc (NASDAQ: HON). On September 06, 2024, Morgan Stanley recently initiated its ‘Equal-Weight’ rating on the stock quoting a target price of $210, while ‘Deutsche Bank’ rates the stock as ‘Hold’
In other news, KEVIN BURKE, Director bought 544 shares of the company’s stock on Aug 15 ’24. The stock was bought for $107,494 at an average price of $197.60. An SEC document containing details of the transaction can be found on the SEC’s website. On May 15 ’24, Director Adamczyk Darius sold 28,500 shares of the business’s stock. A total of $5,812,860 was realized by selling the stock at an average price of $203.96. This leaves the insider owning 203,510 shares of the company worth $44.68 million. A total of 0.09% of the company’s stock is owned by insiders.
During the past 12 months, Honeywell International Inc has had a low of $174.88 and a high of $220.79. As of last week, the company has a debt-to-equity ratio of 1.71, a current ratio of 1.21, and a quick ratio of 0.91. According to the stock market information, the enterprise value for the company is $162428305408, which is based on a 25.04 price-to-earnings ratio, a 3.03 price-to-earnings-growth ratio, and a beta of 1.03. The fifty day moving average price for HON is $204.891 and a two-hundred day moving average price translates $203.04425 for the stock.
The latest earnings results from Honeywell International Inc (NASDAQ: HON) was released for 2024-06-30. The net profit margin was 15.50% and return on equity was 33.78% for HON. The company reported revenue of $9.58 billion for the quarter, compared to $9.15 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 4.71 percent.
