HON stock: buy or sell?
Updated on:
March 27th, 2020
2
Honeywell International Inc. operates as a diversified technology and manufacturing company worldwide. It operates through four segments: Aerospace; Home and Building Technologies; Performance Materials and Technologies; and Safety and Productivity Solutions.
Should I buy HON stock?
Trading stocks requires experience and discipline, and your buying and selling decisions must come following a methodology. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best time to buy them. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.Currently, Honeywell International stock doesn't match any of these trading strategies, so our recommendation is not to buy.
| Buy setup | Elegible |
|---|---|
| New all-time high | No |
| New 52 week high | No |
| Price crossing up 200d MA | No |
| 100d MA crossing up 200d MA | No |
Is Honeywell International stock a buy?
Everyday, hundreds of stock ratings are posted by financial analysts to indicate a particular stock's attractiveness.
Unfortunately, we couldn't detect any rating for HON stock for the last 30 days.HON stock analysis
Daily outlook
After boosting an extraordinary 5.64% on Mar 26th, Honeywell International closed yesterday at $131.27 and plummed a chilling -4.46%.
After boosting an extraordinary 5.64% on March 26th, Honeywell International closed yesterday at $131.27 and plummed a chilling -4.46%. Since last Mar/5 when HON stock price broke down the SMA200d line, it slid $-39.92 per share (-23.32%). On January, HON hit a new all time high, pushing higher than on January tops. Check different trading setups that use ATHs as triggers.
Weekly outlook
After sliding a scary -32.81% in a week last week, Honeywell International closed this week at $131.27 and boosted an extraordinary 16.68%.
Not so far away is the last price record Honeywell International marked by mid January, but since then it dropped a 28.30%. Since late February, when HON stock price broke down the 40-weeks moving avarage line, it slid $-47.64 per share (-26.63%). Stocks under the 40-weeks moving average line are usually not recommended for average traders. Since SMA20w and SMA40w crossed up late April 2019, HON price slid a -20.77%.
HON stock price history
HON stock historical price chart
HON stock reached all-time highs on January with a price of $183.07.
HON stock price target
Nobody can reliably foresee how stock prices may evolve in the future. However, banks and other financial institutions analysts, with the help of lots of data and algorithms do their best to predict the stock prices movement. The accuracy of these stock price predictions is not very high, and you should not blindly believe and make decisions only based on what this ratings or price target predictions say. For the last month we have not detected any price prediction for Honeywell International stock by any trusted analyst.Financials and fundamental analysis
Earnings date and Earnings per Share
Since last April, when Honeywell International presented its last earnings report, it . As soon as we get its actual EPS from the earnings report, we will extend this report.| Quarter | Reporting date | Estimated EPS | Actual EPS | Surprise |
|---|---|---|---|---|
| 2017-Q2 | - | n/a | 2.03 | n/a |
| 2017-Q3 | 2017-10-20 | 1.75 | 1.75 | 0.0% |
| 2017-Q4 | 2018-01-26 | 1.84 | 1.85 | 0.5% |
| 2018-Q1 | 2018-04-20 | 1.89 | 1.95 | 3.2% |
| 2018-Q2 | 2018-07-20 | 2.01 | 2.12 | 5.5% |
| 2018-Q3 | 2018-10-19 | 1.99 | 2.03 | 2.0% |
| 2018-Q4 | 2019-02-01 | 1.88 | 1.91 | 1.6% |
| 2019-Q1 | 2019-04-18 | 1.84 | n/a | n/a |
| 2019-Q2 | - | n/a | n/a | n/a |
| 2019-Q3 | - | n/a | n/a | n/a |
Annual financial results
In 2018, Honeywell International annual revenues raised a good 3.13% to $41,802.00 M USD from $40,534.00 marked in 2017. When comparing 2018 vs 2017, on the other hand, profit margin (that is, the net income divided by revenues) boosted a 12.37% to 16.18%. To have an updated picture of the financial situation of Honeywell International, we have calculated the trailing twelve month (TTM) sales and income figures. TTM values are the sum of the last 4 quarters and aproximate to an annual fiscal report ending in 2019-Q1 that can be compared to 2018 fiscal year results. Annual Honeywell International TTM sales up to March 2019 were $40,294.00 and earnings were $6,742.00 million dollars. When comparing this TTM figures with the last reported annuality, we can esteem Honeywell International business evolution since December 2018: Annual revenues up to March, compared to lastest yearly report, declined a lame -3.61%. Instead, profit margin (net income/revenues) stayed stable at 16.18%.| Year | Sales | YoY | Income/(margin) | YoY |
|---|---|---|---|---|
| 2013 | $39,060 M | - | $3,920 M10.0% | - |
| 2014 | $40,306 M | 3.19% | $4,239 M10.5% | 8.14% |
| 2015 | $38,581 M | -4.28% | $4,768 M12.4% | 12.48% |
| 2016 | $39,302 M | 1.87% | $4,809 M12.2% | 0.86% |
| 2017 | $40,534 M | 3.13% | $1,545 M3.8% | -67.87% |
| 2018 | $41,802 M | 3.13% | $6,765 M16.2% | 337.86% |
| TTM | $40,294 M | -3.61% | $6,742 M16.7% | -0.34% |
Quarterly financial results
Honeywell International reported $8,884.00 M in sales for 2019-Q1, a -8.69% decline compared to previous quarter. Reported quarter income marked $1,416.00 million with a profit margin of 15.94%. Profit margin decreased a -1.75% compared to previous quarter when profit margin was 17.69%. When comparing revenues to same quarter last year, Honeywell International sales marked a dreadful drop down and collapsed a -14.51%. Looking back to recent quarterly results, Honeywell International posted 3 negative quarters in a row.| Quarter | Sales1 | QoQ2 | Income1/(margin) | QoQ2 |
|---|---|---|---|---|
| 2017-Q2 | $10,080 M | - | $1,390 M13.8% | - |
| 2017-Q3 | $10,120 M | 0.40% | $1,350 M13.3% | -2.88% |
| 2017-Q4 | $10,843 M | 7.14% | $-2,409 M-22.2% | -278.44% |
| 2018-Q1 | $10,392 M | -4.16% | $1,438 M13.8% | -159.69% |
| 2018-Q2 | $10,919 M | 5.07% | $1,267 M11.6% | -11.89% |
| 2018-Q3 | $10,762 M | -1.44% | $2,338 M21.7% | 84.53% |
| 2018-Q4 | $9,729 M | -9.60% | $1,721 M17.7% | -26.39% |
| 2019-Q1 | $8,884 M | -8.69% | $1,416 M15.9% | -17.72% |
Honeywell International ownership
When you are planning to invest in shares of a stock, it's always worth to have a look its ownership structure.Honeywell International shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 0.17% of all shares.
In case of Honeywell International stock, 79.12% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions). Bearish positions for HON stock account 0.00%, no big difference from last month.
The following table compares ownership indicators for other stocks related to Honeywell International:
| HON | |
|---|---|
| Market cap | $92.8 B |
| Total shares | 707.3 M |
| Float shares | 681.2 M |
| - Institutional holdings (%) | 79.1% |
| - Insider holdings (%) | 0.2% |
| Shares in short selling | 0.0% |
HON summary
| Friday, March 27th, 2020 | |
|---|---|
| Open | $131.42 |
| Close | $131.27 |
| Day range | $128.14 - $135.21 |
| Previous close | $137.40 |
| Session gain | -4.46% |
| Average true range | $14.54 |
| 50d mov avg | $161.54 |
| 100d mov avg | $169.16 |
| 200d mov avg | $167.98 |
| Daily pattern | lt03a |
| Weekly pattern | |
Honeywell International performance
Stocks performance is always measured in comparision to the market or competitors and related stocks in the same industry. We picked as the bechmarking frame for Honeywell International stock.| Stock | 3m | 6m | 12m |
|---|---|---|---|
| HONHoneywell Interna... | -25.22% | -21.07% | -15.71% |
Honeywell International competitors
Unfortunately, we could not find any public company that could be defined as Honeywell International competitor. This doesn't mean Honeywell International does not have any competitor in the market, it's just we could not detected it.Latest HON stock news
- Seeking AlphaHoneywell International: I Revise My Prior ViewJuly 29, 2019
- Seeking AlphaHoneywell International: The Selloff Is IrrationalOctober 30, 2018
- Seeking AlphaDrops Of Honeywell - The Idea GuideSeptember 11, 2018
- InvestorPlaceAn Increased Focus Could Bring Profits to Holders of Honeywell StockSeptember 11, 2018
- InvestorPlaceHoneywell Investors Should Give the Spinoffs a ShotAugust 27, 2018