HON stock: buy or sell?
Updated on:
January 17th, 2020
5
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. Following a trading plan helps to make decisions easier, quicker and with less hesitations. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.These 2 buy setups match with Honeywell International stock right now:
| Buy setup | Elegible |
|---|---|
| New all-time high | Yes |
| New 52 week high | Yes |
| 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 published by financial analysts to indicate a particular stock's attractiveness.
At Stocks2.com, we gathered 12 ratings published for HON stock in the last 30 days. The general sentiment of these ratings is bullish for HON stock, with 12 positive ratings.| Date | Analyst / Broker | Previous rating | Current rating |
| 2019-9-9 | Citigroup | n/a | Buy |
| 2019-9-27 | Morgan Stanley | n/a | Overweight |
| 2019-8-2 | Cowen | n/a | Buy |
| 2019-7-9 | Barclays | n/a | Overweight |
| 2019-7-19 | Morgan Stanley | n/a | Overweight |
| 2019-7-19 | Jefferies Financial Group | n/a | Buy |
| 2019-7-19 | Credit Suisse Group | n/a | Outperform |
| 2019-7-19 | Barclays | n/a | Overweight |
| 2019-4-23 | Credit Suisse Group | n/a | Outperform |
| 2019-4-22 | Morgan Stanley | Overweight | Overweight |
| 2019-4-22 | Deutsche Bank | n/a | Buy |
| 2019-2-4 | Deutsche Bank | n/a | Buy |
HON stock analysis
Daily outlook
Shares of Honeywell International ended yesterday at $183.23 after reaching a new all time high ($184.06) and inched a slightly fine 0.53%.
After marking all time highs yesterday, Honeywell International inched 0.53% to $183.23. On October HON price bounced up over the SMA of 200 days demonstrating to be a significant support for this stock. Since November when SMA50d and SMA100d crossed up, HON price gained $3.29 per share (1.83%).
Weekly outlook
Honeywell International jumped 2.55% this week and reached a new all time high at $184.06.
Since price and SMA40w lines crossed up late August 2019, HON climbed $27.51 (17.67%). Since late April 2019 when SMA20w and SMA40w crossed up, HON price gained $16.66 per share (10.00%).
HON stock price history
HON stock historical price chart
HON stock reached all-time highs yesterday with a price of $184.06.
HON stock price target is $185.00
Nobody can reliably foresee how stock prices may evolve in the future. However, many stock price predictions are published every day by banks, financial institutions and independent analysts. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. For the last 30 days we found 12 price targets for Honeywell International stock:| Date | Analyst / Broker | Action | Previous target | Current target | Diff |
| 2019-9-9 | Citigroup | Raises Target | $189.00 | $197.00 | 4.2% |
| 2019-9-27 | Morgan Stanley | Lowers Target | $188.00 | $185.00 | -1.6% |
| 2019-8-2 | Cowen | Reiterates | n/a | $180.00 | - |
| 2019-7-9 | Barclays | Raises Target | $177.00 | $186.00 | 5.1% |
| 2019-7-19 | Morgan Stanley | Raises Target | $183.00 | $188.00 | 2.7% |
| 2019-7-19 | Jefferies Financial Group | Raises Target | $190.00 | $195.00 | 2.6% |
| 2019-7-19 | Credit Suisse Group | Raises Target | $185.00 | $187.00 | 1.1% |
| 2019-7-19 | Barclays | Raises Target | $186.00 | $187.00 | 0.5% |
| 2019-4-23 | Credit Suisse Group | Reiterates | $170.00 | $185.00 | 8.8% |
| 2019-4-22 | Morgan Stanley | Raises Target | $165.00 | $183.00 | 10.9% |
| 2019-4-22 | Deutsche Bank | Raises Target | $174.00 | $187.00 | 7.5% |
| 2019-2-4 | Deutsche Bank | Raises Target | n/a | $160.00 | - |
| (in average) | $180.70 | $185.00 | 2.0% |
Financials and fundamental analysis
Earnings date and Earnings per Share
After publishing its last earnings report on April, Honeywell International . As soon as we get its posted 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 turnover stepped up a fine 3.13% to $41,802.00 million dollars from $40,534.00 marked in 2017. When comparing 2018 vs 2017, instead, profit margin (that is, the net income divided by revenues) rocketed a 12.37% to 16.18%. Honeywell International fiscal year ends in December, and to compare its evolution since then, we estimate annual sales and income figures by adding results from the last 4 quarters. This is called TTM (or Twelve Trailing Months). So, Honeywell International TTM sales up to March 2019 were $40,294.00 and income $6,742.00 M 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, depreciated a bad -3.61%. Regarding profit margin, Honeywell International remained stable 0.55% to 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 revenues for 2019-Q1, a -8.69% decline compared to previous quarter. Reported quarter earnings marked $1,416.00 million with a profit margin of 15.94%. Profit margin declined a -1.75% compared to previous quarter when profit margin was 17.69%. When comparing turnover to same quarter last year, Honeywell International sales marked a scary drop down and collapsed a -14.51%. Looking back to recent quarterly results, Honeywell International posted 3 positive 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 buy a company, it's worth to check its ownership structure.Honeywell International shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 0.15% of all shares.
In case of Honeywell International stock, 77.55% 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 | $130.9 B |
| Total shares | 714.5 M |
| Float shares | 684.1 M |
| - Institutional holdings (%) | 77.5% |
| - Insider holdings (%) | 0.1% |
| Shares in short selling | 0.0% |
HON summary
| Friday, January 17th, 2020 | |
|---|---|
| Open | $182.86 |
| Close | $183.23 |
| Day range | $182.53 - $184.06 |
| Previous close | $182.26 |
| Session gain | 0.53% |
| Average true range | $2.20 |
| 50d mov avg | $177.86 |
| 100d mov avg | $172.16 |
| 200d mov avg | $169.89 |
| Daily pattern | |
| Weekly pattern | |
Honeywell International performance
Performance as an absolute value is never valid if it's not benchmarked against competitors or related stocks in the industry. For Honeywell International, the benchmark is made against .| Stock | 3m | 6m | 12m |
|---|---|---|---|
| HONHoneywell Interna... | 11.22% | 6.98% | 31.80% |
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