Honeywell International Inc. stock dropped 1.01% but has positive earnings outlook.

From Nasdaq: 2024-12-27 18:15:22

Honeywell International Inc. (HON) closed at $229.51, a -1.01% drop from the previous day, outperforming the S&P 500’s 1.11% loss. The company’s stock has risen by 0.97% in the past month, surpassing the Conglomerates sector’s 1.91% decline and the S&P 500’s 0.4% gain.

In the upcoming earnings report, Honeywell International Inc. is expected to report an EPS of $2.31, a 11.15% decrease from the previous year. Revenue is estimated at $9.97 billion, a 5.56% increase. Analysts’ revisions in estimates indicate a positive outlook on the company’s performance, impacting stock prices.

Honeywell International Inc. currently has a Forward P/E ratio of 23.83, higher than the industry average of 15.85. The company’s PEG ratio stands at 2.88, with the Diversified Operations industry averaging 2.17. The industry ranks in the bottom 12% of over 250 industries, with Zacks Industry Rank showing potential stock impacts.

Zacks Investment Research is naming the Top 10 Stocks for 2025, with historical performance indicating significant gains. The Zacks Top 10 Stocks have outperformed the S&P 500 by over four times. Director Sheraz Mian is selecting the best 10 tickers for 2025, set to be released on January 2.



Read more at Nasdaq: Honeywell International Inc. (HON) Stock Moves -1.01%: What You Should Know