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Honeywell International Inc. (HON) Stock Sinks As Market Gains: What You Should Know
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In the latest trading session, Honeywell International Inc. (HON - Free Report) closed at $223.84, marking a -1.91% move from the previous day. This move lagged the S&P 500's daily gain of 0.08%. Elsewhere, the Dow saw a downswing of 0.18%, while the tech-heavy Nasdaq appreciated by 0.1%.
Prior to today's trading, shares of the company had lost 3.95% was narrower than the Conglomerates sector's loss of 7.3% and lagged the S&P 500's loss of 1.74%.
Analysts and investors alike will be keeping a close eye on the performance of Honeywell International Inc. in its upcoming earnings disclosure. The company's earnings report is set to go public on April 23, 2026. The company is predicted to post an EPS of $2.33, indicating a 7.17% decline compared to the equivalent quarter last year. Meanwhile, the latest consensus estimate predicts the revenue to be $9.27 billion, indicating a 5.62% decrease compared to the same quarter of the previous year.
HON's full-year Zacks Consensus Estimates are calling for earnings of $10.42 per share and revenue of $39.4 billion. These results would represent year-over-year changes of +6.54% and -2.33%, respectively.
Investors might also notice recent changes to analyst estimates for Honeywell International Inc. These revisions typically reflect the latest short-term business trends, which can change frequently. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 0.12% higher. As of now, Honeywell International Inc. holds a Zacks Rank of #3 (Hold).
In terms of valuation, Honeywell International Inc. is currently trading at a Forward P/E ratio of 21.9. This expresses a premium compared to the average Forward P/E of 15.93 of its industry.
It's also important to note that HON currently trades at a PEG ratio of 3.34. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. By the end of yesterday's trading, the Diversified Operations industry had an average PEG ratio of 1.25.
The Diversified Operations industry is part of the Conglomerates sector. At present, this industry carries a Zacks Industry Rank of 151, placing it within the bottom 39% of over 250 industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.
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Honeywell International Inc. (HON) Stock Sinks As Market Gains: What You Should Know
In the latest trading session, Honeywell International Inc. (HON - Free Report) closed at $223.84, marking a -1.91% move from the previous day. This move lagged the S&P 500's daily gain of 0.08%. Elsewhere, the Dow saw a downswing of 0.18%, while the tech-heavy Nasdaq appreciated by 0.1%.
Prior to today's trading, shares of the company had lost 3.95% was narrower than the Conglomerates sector's loss of 7.3% and lagged the S&P 500's loss of 1.74%.
Analysts and investors alike will be keeping a close eye on the performance of Honeywell International Inc. in its upcoming earnings disclosure. The company's earnings report is set to go public on April 23, 2026. The company is predicted to post an EPS of $2.33, indicating a 7.17% decline compared to the equivalent quarter last year. Meanwhile, the latest consensus estimate predicts the revenue to be $9.27 billion, indicating a 5.62% decrease compared to the same quarter of the previous year.
HON's full-year Zacks Consensus Estimates are calling for earnings of $10.42 per share and revenue of $39.4 billion. These results would represent year-over-year changes of +6.54% and -2.33%, respectively.
Investors might also notice recent changes to analyst estimates for Honeywell International Inc. These revisions typically reflect the latest short-term business trends, which can change frequently. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 0.12% higher. As of now, Honeywell International Inc. holds a Zacks Rank of #3 (Hold).
In terms of valuation, Honeywell International Inc. is currently trading at a Forward P/E ratio of 21.9. This expresses a premium compared to the average Forward P/E of 15.93 of its industry.
It's also important to note that HON currently trades at a PEG ratio of 3.34. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. By the end of yesterday's trading, the Diversified Operations industry had an average PEG ratio of 1.25.
The Diversified Operations industry is part of the Conglomerates sector. At present, this industry carries a Zacks Industry Rank of 151, placing it within the bottom 39% of over 250 industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.