For its first fiscal quarter (ending March 31), Honeywell International Inc (NASDAQ: HON) has reported E.P.S. of $2.24 compared to $2.09 a year ago. E.P.S. were $8.69 for the latest four quarters through March 31 versus $7.77 for the same period a year ago.
Recent Price Action
On 4/25/24, Honeywell International Inc (NASDAQ: HON) stock declined slightly by -0.9%, closing at $193.02. Moreover, trading volume in this decline was above average at 141% of normal. The stock has risen 1.4% during the last week and has performed in line with the market over the last nine months.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, HON is expected to continue to be a major Value Builder.
Honeywell International has a current Value Trend Rating of D (Negative). This rating combines contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Honeywell International has a poor Appreciation Score of 16 but a slightly positive Power Rating of 65, triggering the Negative Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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