We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Honeywell Unveils New Hearing Solution for Worker Safety
Read MoreHide Full Article
Honeywell International Inc. (HON - Free Report) recently launched the latest smart hearing solution for companies to offer higher protection to workers from noise-related hearing loss. Combined with a cloud-based software and protective headsets, the VeriShield Smart Hearing Solution will allow companies to monitor sound on an instant basis and analyze its patterns.
The protective headset included in the hearing solution lowers the background noises to safe levels, facilitating a clear and easy communication for workers. Notably, the headsets help in collecting and transmitting noise-related information to the Honeywell Safety Suite, a cloud-based service, designed to automate and streamline collection of critical safety data. This enables supervisors to monitor noise exposure data, including noise peaks and patterns and unusual incidences on mobile computer or smartphone with the help of the Honeywell VeriShield mobile app.
In addition, the headsets offer a hear-through function for workers to perform important conversations and hear alarms while protecting them from undesirable noise. This apart, other protections provided by the hearing solution include audible and visual alerts, notifying workers about exceeding daily dose limits. As a matter of fact, the data generated from the hearing solution will assist companies in improving their hearing conservation programs with a personalized approach to worker protection.
Our Take
Honeywell expects strong demand for its warehouse automation, sensing and IoT businesses to boost revenues of the Safety and Productivity Solutions segment. Also, strength in process solutions business coupled with strong demand for equipment, absorbents and refining catalysts is likely to aid Performance Materials and Technology segment’s revenues. Further, strong demand for commercial fire and security products is expected to drive the Building Technologies segment.
However, weakness in the company’s productivity products business due to inventory destocking, fewer large project rollouts in the mobility space and lower channel sell-through remains a concern.
Year to date, the Zacks Rank #3 (Hold) company’s shares have gained 20.9% compared with the industry’s rally of 11.6%.
Danaher surpassed estimates in each of the preceding four quarters, the average positive earnings surprise being 3.25%.
HC2 Holdings outpaced estimates thrice in the preceding four quarters, the average positive earnings surprise being 48.55%.
United Technologies outpaced estimates in each of the preceding four quarters, the average positive earnings surprise being 13.19%.
5 Stocks Set to Double
Each was hand-picked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2020. Each comes from a different sector and has unique qualities and catalysts that could fuel exceptional growth.
Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.
Image: Bigstock
Honeywell Unveils New Hearing Solution for Worker Safety
Honeywell International Inc. (HON - Free Report) recently launched the latest smart hearing solution for companies to offer higher protection to workers from noise-related hearing loss. Combined with a cloud-based software and protective headsets, the VeriShield Smart Hearing Solution will allow companies to monitor sound on an instant basis and analyze its patterns.
The protective headset included in the hearing solution lowers the background noises to safe levels, facilitating a clear and easy communication for workers. Notably, the headsets help in collecting and transmitting noise-related information to the Honeywell Safety Suite, a cloud-based service, designed to automate and streamline collection of critical safety data. This enables supervisors to monitor noise exposure data, including noise peaks and patterns and unusual incidences on mobile computer or smartphone with the help of the Honeywell VeriShield mobile app.
In addition, the headsets offer a hear-through function for workers to perform important conversations and hear alarms while protecting them from undesirable noise. This apart, other protections provided by the hearing solution include audible and visual alerts, notifying workers about exceeding daily dose limits. As a matter of fact, the data generated from the hearing solution will assist companies in improving their hearing conservation programs with a personalized approach to worker protection.
Our Take
Honeywell expects strong demand for its warehouse automation, sensing and IoT businesses to boost revenues of the Safety and Productivity Solutions segment. Also, strength in process solutions business coupled with strong demand for equipment, absorbents and refining catalysts is likely to aid Performance Materials and Technology segment’s revenues. Further, strong demand for commercial fire and security products is expected to drive the Building Technologies segment.
However, weakness in the company’s productivity products business due to inventory destocking, fewer large project rollouts in the mobility space and lower channel sell-through remains a concern.
Year to date, the Zacks Rank #3 (Hold) company’s shares have gained 20.9% compared with the industry’s rally of 11.6%.
Stocks to Consider
Some better-ranked stocks from the same space are Danaher Corporation (DHR - Free Report) , HC2 Holdings, Inc. and United Technologies Corporation . All these companies carry a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Danaher surpassed estimates in each of the preceding four quarters, the average positive earnings surprise being 3.25%.
HC2 Holdings outpaced estimates thrice in the preceding four quarters, the average positive earnings surprise being 48.55%.
United Technologies outpaced estimates in each of the preceding four quarters, the average positive earnings surprise being 13.19%.
5 Stocks Set to Double
Each was hand-picked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2020. Each comes from a different sector and has unique qualities and catalysts that could fuel exceptional growth.
Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.
Today, See These 5 Potential Home Runs >>