HON stock: buy or sell?

HON stock price: $131.27 -4.46% At close on March 27th, 2020

Updated on:
March 27th, 2020

2

After boosting an extraordinary 5.64% on Mar 26th, Honeywell International closed yesterday at $131.27 and plummed a chilling -4.46%. On Monday HON plunged a hair-raising -8.32%.

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 setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This doesn't mean HON will slide in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems.

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.

HON stock chart (daily)

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 chart (weekly)

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.
HON earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q2-n/a2.03n/a
2017-Q32017-10-201.751.750.0%
2017-Q42018-01-261.841.850.5%
2018-Q12018-04-201.891.953.2%
2018-Q22018-07-202.012.125.5%
2018-Q32018-10-191.992.032.0%
2018-Q42019-02-011.881.911.6%
2019-Q12019-04-181.84n/an/a
2019-Q2-n/an/an/a
2019-Q3-n/an/an/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%.

HON annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$39,060 M-$3,920 M10.0%-
2014$40,306 M3.19%$4,239 M10.5%8.14%
2015$38,581 M-4.28%$4,768 M12.4%12.48%
2016$39,302 M1.87%$4,809 M12.2%0.86%
2017$40,534 M3.13%$1,545 M3.8%-67.87%
2018$41,802 M3.13%$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.
HON quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q2$10,080 M-$1,390 M13.8%-
2017-Q3$10,120 M0.40%$1,350 M13.3%-2.88%
2017-Q4$10,843 M7.14%$-2,409 M-22.2%-278.44%
2018-Q1$10,392 M-4.16%$1,438 M13.8%-159.69%
2018-Q2$10,919 M5.07%$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 shares707.3 M
Float shares681.2 M
  - Institutional holdings (%)79.1%
  - Insider holdings (%)0.2%
Shares in short selling0.0%

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 patternlt03a
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.
Stock3m6m12m
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