Analyst Ratings for Honeywell International Inc. (HON)

Updated: 2017-07-27

Analysts covering Honeywell International Inc. (NYSE:HON) have given it a consensus rating of Overweight. A consensus rating of Overweight was previously issued for HON last month.

13 analysts declared HON a buy, 4 issued an overweight rating, 4 gave a hold rating, 0 gave an underweight rating, and 0 gave a sell rating. Compared to three months ago, there has been an increase of 0 in the number of analysts with a positive outlook on the stock. Meanwhile, the number of analysts pessimistic about the company has increased by 0.

Several price targets were given for HON by the analysts covering the stock. The maximum price target given was 155, implying a possible profit of 13.48 percent. The most pessimistic price target was 130, which equates to a potential downside of -4.82 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.

In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -0.29 percent. That number becomes 0 percent if we expand the time horizon to include the past 3 months instead of just one. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0.21 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 0.21 percent.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 3 analysts increased their quarterly estimates, while 4 analysts revised their estimates downwards. Over the same time period, 5 analysts revised their FY earnings estimates upwards, while 1 analysts decreased their estimates.

Analysts estimate earnings of HON to grow at a rate of 8.04 percent. Another measure frequently examined by investors is the PEG ratio. A lower PEG ratio is favorable, because that is often interpreted as the company being fairly priced relative to its growth rate. PEG ratios below 1 are often considered desirable, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of HON is 2.64.

HON has a 52-week high of 138.70 and a 52-week low of 105.25. The current market price is above the trailing year's low by 29.77 percent, and 1.53 percent below the high. HON has a price/earnings ratio of 21.22. Investors typically compare the P/E ratio to a company's peers in the industry. The HON value stock report compares HON to some of its peers using value stock charts. The market cap of HON is $105.58 billion. HON's next earnings release will be on 0000-00-00, which is days away.