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Honeywell International Inc. (HON) Suffers a Larger Drop Than the General Market: Key Insights
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In the latest trading session, Honeywell International Inc. (HON - Free Report) closed at $208.11, marking a -2.24% move from the previous day. This move lagged the S&P 500's daily loss of 0.22%. Meanwhile, the Dow experienced a drop of 0.66%, and the technology-dominated Nasdaq saw a decrease of 0.22%.
Shares of the company witnessed a gain of 2.22% over the previous month, beating the performance of the Conglomerates sector with its loss of 2.74%, and the S&P 500's gain of 1.4%.
The upcoming earnings release of Honeywell International Inc. will be of great interest to investors. The company's earnings report is expected on October 22, 2026. The company's earnings per share (EPS) are projected to be $2.17, reflecting a 61.52% decrease from the same quarter last year. Our most recent consensus estimate is calling for quarterly revenue of $5.07 billion, down 51.31% from the year-ago period.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $8.28 per share and revenue of $20.33 billion, indicating changes of -57.67% and -49.59%, respectively, compared to the previous year.
It's also important for investors to be aware of any recent modifications to analyst estimates for Honeywell International Inc. Recent revisions tend to reflect the latest near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 0.07% lower. Honeywell International Inc. currently has a Zacks Rank of #3 (Hold).
With respect to valuation, Honeywell International Inc. is currently being traded at a Forward P/E ratio of 25.71. Its industry sports an average Forward P/E of 13.3, so one might conclude that Honeywell International Inc. is trading at a premium comparatively.
Meanwhile, HON's PEG ratio is currently 1.81. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. HON's industry had an average PEG ratio of 1.25 as of yesterday's close.
The Diversified Operations industry is part of the Conglomerates sector. This group has a Zacks Industry Rank of 37, putting it in the top 16% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks 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.
View the Zacks #1 Rank List
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Honeywell International Inc. (HON) Suffers a Larger Drop Than the General Market: Key Insights
In the latest trading session, Honeywell International Inc. (HON - Free Report) closed at $208.11, marking a -2.24% move from the previous day. This move lagged the S&P 500's daily loss of 0.22%. Meanwhile, the Dow experienced a drop of 0.66%, and the technology-dominated Nasdaq saw a decrease of 0.22%.
Shares of the company witnessed a gain of 2.22% over the previous month, beating the performance of the Conglomerates sector with its loss of 2.74%, and the S&P 500's gain of 1.4%.
The upcoming earnings release of Honeywell International Inc. will be of great interest to investors. The company's earnings report is expected on October 22, 2026. The company's earnings per share (EPS) are projected to be $2.17, reflecting a 61.52% decrease from the same quarter last year. Our most recent consensus estimate is calling for quarterly revenue of $5.07 billion, down 51.31% from the year-ago period.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $8.28 per share and revenue of $20.33 billion, indicating changes of -57.67% and -49.59%, respectively, compared to the previous year.
It's also important for investors to be aware of any recent modifications to analyst estimates for Honeywell International Inc. Recent revisions tend to reflect the latest near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 0.07% lower. Honeywell International Inc. currently has a Zacks Rank of #3 (Hold).
With respect to valuation, Honeywell International Inc. is currently being traded at a Forward P/E ratio of 25.71. Its industry sports an average Forward P/E of 13.3, so one might conclude that Honeywell International Inc. is trading at a premium comparatively.
Meanwhile, HON's PEG ratio is currently 1.81. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. HON's industry had an average PEG ratio of 1.25 as of yesterday's close.
The Diversified Operations industry is part of the Conglomerates sector. This group has a Zacks Industry Rank of 37, putting it in the top 16% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks 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.