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 most optimistic analyst gave a price target of 155, which equates to a potential upside of 13.48 percent. The most pessimistic price target was 130, implying potential capital losses of -4.82 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.
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. If we look at the last 90 days instead, we find a net average change of 0.21 percent in FY estimates.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 3 analysts have revised their quarterly estimates upwards in the past 30 days, while 4 analysts made negative revisions. 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. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. Wall Street investors typically prefer a PEG ratio to be smaller than 1, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of HON is 2.64.
In the trailing 52-weeks, HON hit 138.70 at the highest peak, while it's lowest trading point was 105.25. Currently the stock is 29.77 percent higher than its low, and 1.53 percent lower than its 52-week high. HON has a P/E 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 will post this quarters earnings in days, on 0000-00-00.