A Few Bright Spots In Honeywell International Inc (NASDAQ: HON)

Honeywell International Inc (NASDAQ:HON) currently has a daily average trading volume of 2.79M but it saw 3270808 shares traded in last market. With a market cap of 135.74B USD, the company’s current market price of $208.45 came falling about -0.39 while comparing to the previous closing price of $209.27. In past 52 weeks, the stock remained buoying in the range of price level as high as $210.87 and as low as $174.88.

Taking a look at 20-day trading activity of Honeywell International Inc (HON) gives us an average price of $203.25, while its current price level is -1.15% below from 52-week high level whereas it is 19.20% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $198.96 while that of 200 days or SMA-200 reads an average of $195.30. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.90% during that period while stretching the period over a month that decreases to 1.39%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 65.31 which implies that the stock is in neutral territory.

The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Deutsche Bank which downgraded the stock as “Hold” in its note to investors issued on April 16, 2024, recommending a price target of between $227 and $215 for it. Berenberg upgraded its recommendation for the stock as a “Buy” from “Hold” on March 06, 2024 while assigning a price target range of $195-$240. UBS also issued its recommendations for the stock as it downgraded the price target for the stock in the range of between $220 and $193.

Over the week, HON’s stock price is moving 3.75% up while it is 5.89% when we observe its performance for the past one month. Year-to-date it is -0.60% down and over the past year, the stock is showing an upside performance of 6.17%.

Currently, Honeywell International Inc’s total number of outstanding shares is 652.18M. Company’s return on investment (ROI) stands at 14.48% and return on equity (ROE) at 34.32%. It has a price to earnings ratio (P/E ratio) of 24.16 while having a 18.74 of forward P/E ratio. Stock’s beta reads 1.03. Stock has a price to book (P/B) ratio of 8.25 while price to sale or P/S ratio amounts to 3.68. Its return on asset (ROA) is 9.12% on average.