Honeywell International (HON) Scheduled to Post Earnings on Thursday

Honeywell International (NASDAQ:HON) will announce its earnings results before the market opens on Thursday, April 25th. Analysts expect the company to announce earnings of $2.18 per share for the quarter. Honeywell International has set its FY 2024 guidance at 9.800-10.100 EPS and its FY24 guidance at $9.80-10.10 EPS.Persons that are interested in registering for the company’s earnings conference call can do so using this link.

Honeywell International (NASDAQ:HON) last announced its quarterly earnings results on Thursday, February 1st. The conglomerate reported $2.60 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.59 by $0.01. The firm had revenue of $9.44 billion for the quarter, compared to the consensus estimate of $9.70 billion. Honeywell International had a net margin of 15.43% and a return on equity of 35.17%. The business’s quarterly revenue was up 2.8% compared to the same quarter last year. During the same quarter last year, the firm posted $2.52 EPS. On average, analysts expect Honeywell International to post $10 EPS for the current fiscal year and $11 EPS for the next fiscal year.

Honeywell International Stock Performance

Shares of NASDAQ HON opened at $196.16 on Wednesday. The company has a quick ratio of 0.93, a current ratio of 1.27 and a debt-to-equity ratio of 1.01. The company has a market cap of $127.74 billion, a PE ratio of 23.16, a PEG ratio of 2.23 and a beta of 1.02. The firm’s 50-day moving average price is $198.35 and its 200-day moving average price is $196.26. Honeywell International has a 52-week low of $174.88 and a 52-week high of $210.87.

Honeywell International Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 15th. Investors of record on Friday, March 1st were issued a $1.08 dividend. This represents a $4.32 dividend on an annualized basis and a dividend yield of 2.20%. The ex-dividend date was Thursday, February 29th. Honeywell International’s payout ratio is 51.00%.

Analysts Set New Price Targets

HON has been the topic of a number of research reports. Barclays raised their price objective on shares of Honeywell International from $230.00 to $232.00 and gave the stock an “overweight” rating in a report on Tuesday, April 2nd. Berenberg Bank raised shares of Honeywell International from a “hold” rating to a “buy” rating and raised their price objective for the stock from $195.00 to $240.00 in a report on Wednesday, March 6th. Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a $215.00 target price (down previously from $227.00) on shares of Honeywell International in a research note on Tuesday, April 16th. Finally, Royal Bank of Canada lowered their price target on shares of Honeywell International from $210.00 to $209.00 and set a “sector perform” rating on the stock in a report on Friday, February 2nd. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and three have given a buy rating to the company’s stock. According to data from MarketBeat, Honeywell International presently has a consensus rating of “Hold” and an average target price of $219.67.

Insider Transactions at Honeywell International

In other Honeywell International news, Director Darius Adamczyk sold 25,500 shares of the stock in a transaction dated Monday, February 12th. The shares were sold at an average price of $197.19, for a total transaction of $5,028,345.00. Following the transaction, the director now directly owns 183,400 shares in the company, valued at approximately $36,164,646. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 0.41% of the company’s stock.

About Honeywell International

Honeywell International Inc engages in the aerospace technologies, building automation, energy and sustainable solutions, and industrial automation businesses in the United States, Europe, and internationally. The company's Aerospace segment offers auxiliary power units, propulsion engines, integrated avionics, environmental control and electric power systems, engine controls, flight safety, communications, navigation hardware, data and software applications, radar and surveillance systems, aircraft lighting, advanced systems and instruments, satellite and space components, and aircraft wheels and brakes; spare parts; repair, overhaul, and maintenance services; and thermal systems, as well as wireless connectivity services.