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, which equates to a potential upside of 13.48 percent. The most pessimistic price target was 130, which equates to a potential downside of -4.82 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.
In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -0.29 percent. The average change in earnings estimates over the last 90 days is 0 percent. 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.
Another thing investors often look at is the level of agreement among analysts' revisions. Over the past month, 3 analysts increased their quarterly estimates, while 4 analysts made negative revisions. Also over the last month, 5 analysts increased their estimates for the FY earnings, while 1 analysts made negative revisions to their fiscal year's 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. Investors like to see smaller values for the PEG ratio, 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, even though it may be more relevant to compare the ratio to that of a firm's competitors. 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. Today's price is 29.77 percent above the 52-week low, 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 stock has a market capitalization of $105.58 billion. HON will post this quarters earnings in days, on 0000-00-00.