Home Sectors Industrials Latest Movement: Honeywell International (NYSE: HON)

Latest Movement: Honeywell International (NYSE: HON)

SHARE

Honeywell International is in the industrials sector and trades as part of the industrial products industry. The company CEO is Darius Adamczyk. Honeywell International Inc is a diversified technology and manufacturing company serving customers with aerospace products and services, energy efficient products and solutions, specialty chemicals, electronic, refining and petrochemicals.

Previous Intraday Trading Performance:

The HON stock showed a previous change of 0.14% with an open at 167.75 and a close of 166.68. It reached an intraday high of 167.86 and a low of 166.54.

SeekingAlpha:  The Retiree’s Dividend Portfolio – Jane’s April Update: Why You Should Consider Canadian Banks

Liquidity:

The stock has a market cap of $121.3b with 727.7m shares outstanding, of which the float is 725.0m shares. Trading volume reached 2,033,826 shares compared to its average volume of 3,144,518 shares. Based on the current average volume and close price, the trading liquidity is good.

Historical Trading Performance:

Over the last five trading days, Honeywell International shares returned -0.67% and in the past 30 trading days it returned 3.09%. Over three months, it changed 8.72%. In one year it has changed 12.62% and within that year its 52-week high was 174.34 and its 52-week low was 123.48. HON stock is 34.99% above its 52 Week Low.

Our calculations show a 200 day moving average of 152.28 and a 50 day moving average of 164.30. Currently HON stock is trading 9.45% above its 200 day moving average.

SeekingAlpha:  The Retiree’s Dividend Portfolio – Jane’s April Update: Why You Should Consider Canadian Banks

Earnings:

The last annual fiscal EPS for the company was reported at 8.99 that ended on 31st of December 2018, which according to the previous close, that is a PE of 18.54. Based on 8 analyst estimates, the consensus EPS for the next quarter is 1.83. The TTM EPS is 8.01, which comes to a TTM PE of 20.81. Historically, the PE high was 81.60 and the PE low was 14.70. If the stock reached its PE low, that would represent a price of 117.74, which is a decrease of -29.36%.

Below was the last reported quarterly diluted earnings per share:

1stQtr of 2019 1.92
4thQtr of 2018 2.31
3rdQtr of 2018 3.11
2ndQtr of 2018 1.68
1stQtr of 2018 1.89

The dividend per share is currently 3.28, which is a dividend yield of 1.97%. Also, the payout ratio is 40.95%, therefore the dividend is safe according to our calculations.

Base on our calculations, the intrinsic value per share is 180.27, which means it is possibly undervalued and has a margin of safety of 7.54%.

Indicators to Watch:

Short-interest was 5,321,173, which was 0.73% of shares outstanding. The short-interest ratio or days-to-cover ratio was 2.14. This stock has some short interest, but it may be normal and no cause for concern if long the position.

The current calculated beta is 1.17.

SeekingAlpha:  Recent Purchase: Lowe’s

Fundamental Indicators:

Based on last reported financials, the company’s return on equity is 37.08%, return on assets is 11.28%, profit margin is 16.91%, price-to-sales is 3.01 and price-to-book is 6.46.

Company Scores:

All scores are out of six:
 1  :Valuation Score
 4  :Past Performance Score
 4  :Financial Strength Score
 2  :Future Growth Score
 5  :Dividend Score
 3  :Overall Score

SHARE
Worked for several Wall Street firms: Salomon Smith Barney, UBS, and Charles Schwab. Has developed skills and gained extensive experience over the years that is used today to uncover winning penny stocks.Also was an attorney for small businesses in Scottsdale, Arizona. That experience and understanding of law provides a unique perspective and edge in discovering quality companies in various industries.