Why Honeywell International Inc (HON) Should Be On Your Radar Moving Forward

The stock of Honeywell International Inc (NASDAQ:HON) last traded at $226.86, down -2.69% from the previous session.

HON stock price is now 2.11% away from the 50-day moving average and 8.99% away from the 200-day moving average. The market capitalization of the company currently stands at $147.52B.

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With the price target maintained at $290, HSBC Securities recently Upgraded its rating from Hold to Buy for Honeywell International Inc (NASDAQ: HON). , while ‘Robert W. Baird’ rates the stock as ‘Neutral’

In other news, KEVIN BURKE, Director bought 504 shares of the company’s stock on Nov 15 ’24. The stock was bought for $116,258 at an average price of $230.67. An SEC document containing details of the transaction can be found on the SEC’s website. On Nov 08 ’24, Director D. SCOTT DAVIS bought 2,450 shares of the business’s stock. A total of $535,011 was incurred on buying the stock at an average price of $218.37. 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 $189.66 and a high of $242.77. As of last week, the company has a debt-to-equity ratio of 1.84, a current ratio of 1.44, and a quick ratio of 1.12. According to the stock market information, the enterprise value for the company is $169145122816, which is based on a 26.20 price-to-earnings ratio, a 3.33 price-to-earnings-growth ratio, and a beta of 1.05. The fifty day moving average price for HON is $221.785 and a two-hundred day moving average price translates $208.00325 for the stock.

The latest earnings results from Honeywell International Inc (NASDAQ: HON) was released for 2024-09-30. The net profit margin was 15.02% and return on equity was 32.81% for HON. The company reported revenue of $9.73 billion for the quarter, compared to $9.21 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 5.6 percent.

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