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Honeywell International Inc. (HON) Outpaces Stock Market Gains: What You Should Know
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Honeywell International Inc. (HON - Free Report) closed at $213.80 in the latest trading session, marking a +1.36% move from the prior day. The stock's performance was ahead of the S&P 500's daily gain of 0.2%. At the same time, the Dow added 0.04%, and the tech-heavy Nasdaq gained 0.04%.
Heading into today, shares of the company had gained 2.36% over the past month, outpacing the Conglomerates sector's loss of 3.73% and the S&P 500's loss of 0.35%.
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 October 22, 2026. The company's upcoming EPS is projected at $2.17, signifying a 61.52% drop compared to the same quarter of the previous year. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $5.05 billion, down 51.45% from the year-ago period.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $8.29 per share and revenue of $20.31 billion, indicating changes of -57.62% and -49.64%, respectively, compared to the previous year.
Investors should also note any recent changes to analyst estimates for Honeywell International Inc. These revisions typically reflect the latest short-term business trends, which can change frequently. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional 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 remained unchanged. Honeywell International Inc. currently has a Zacks Rank of #3 (Hold).
In the context of valuation, Honeywell International Inc. is at present trading with a Forward P/E ratio of 25.46. This expresses a premium compared to the average Forward P/E of 12.95 of its industry.
Investors should also note that HON has a PEG ratio of 3.53 right now. 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. The average PEG ratio for the Diversified Operations industry stood at 1.35 at the close of the market yesterday.
The Diversified Operations industry is part of the Conglomerates sector. This group has a Zacks Industry Rank of 48, putting it in the top 20% of all 250+ industries.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow HON in the coming trading sessions, be sure to utilize Zacks.com.
View the Zacks #1 Rank List
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Honeywell International Inc. (HON) Outpaces Stock Market Gains: What You Should Know
Honeywell International Inc. (HON - Free Report) closed at $213.80 in the latest trading session, marking a +1.36% move from the prior day. The stock's performance was ahead of the S&P 500's daily gain of 0.2%. At the same time, the Dow added 0.04%, and the tech-heavy Nasdaq gained 0.04%.
Heading into today, shares of the company had gained 2.36% over the past month, outpacing the Conglomerates sector's loss of 3.73% and the S&P 500's loss of 0.35%.
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 October 22, 2026. The company's upcoming EPS is projected at $2.17, signifying a 61.52% drop compared to the same quarter of the previous year. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $5.05 billion, down 51.45% from the year-ago period.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $8.29 per share and revenue of $20.31 billion, indicating changes of -57.62% and -49.64%, respectively, compared to the previous year.
Investors should also note any recent changes to analyst estimates for Honeywell International Inc. These revisions typically reflect the latest short-term business trends, which can change frequently. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional 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 remained unchanged. Honeywell International Inc. currently has a Zacks Rank of #3 (Hold).
In the context of valuation, Honeywell International Inc. is at present trading with a Forward P/E ratio of 25.46. This expresses a premium compared to the average Forward P/E of 12.95 of its industry.
Investors should also note that HON has a PEG ratio of 3.53 right now. 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. The average PEG ratio for the Diversified Operations industry stood at 1.35 at the close of the market yesterday.
The Diversified Operations industry is part of the Conglomerates sector. This group has a Zacks Industry Rank of 48, putting it in the top 20% of all 250+ industries.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow HON in the coming trading sessions, be sure to utilize Zacks.com.