Stock Quote HON: Honeywell International Inc Stock Performance Analysis

Honeywell International Inc, commonly referred to as HON, is a multinational conglomerate with a diverse portfolio of industrial and aerospace products.

HON has a market capitalization of over $130 billion, making it one of the largest companies in the world.

The company's stock has been publicly traded since 1959, with a history of steady growth and expansion.

HON has consistently paid dividends to its shareholders, with a payout ratio of around 50% over the past five years.

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Honeywell International's financial performance is a great indicator of its overall health. In 2023, the company's revenue reached a whopping $36.66 billion, a 3.37% increase from the previous year.

The company's earnings also saw a significant boost, rising by 13.93% to $5.66 billion. This is a clear sign that Honeywell International is doing well financially.

One of the key statistics that stands out is the company's cash-to-debt ratio, which is a mere 0.35. This means that for every dollar of debt, the company has only 35 cents in cash. This is not ideal, but it's not too bad either.

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Here's a breakdown of Honeywell International's financial ratios:

These ratios give us a better understanding of Honeywell International's financial situation. The company's debt-to-equity ratio, for example, is a bit high, but its interest coverage ratio is quite strong.

The company's stock performance is also worth noting. In November 2024, stocks soared to record highs as Wall Street looked ahead to a second term for President-elect Donald Trump. This is a good sign for investors, but it's essential to keep an eye on the company's financials to ensure it's a solid investment opportunity.

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Honeywell's quantum-computing business could be worth $20 billion. This estimate comes from a Wolfe Research analyst who has been tracking the industry's growth.

The analyst sees Honeywell's Quantinuum unit experiencing a similar boost to IonQ, which has seen its stock price jump 225% this year.

Honeywell International Inc, a company with a Zacks Rank of 3, is expected to perform inline with the market in the next few months.

The company's VGM Score is F, indicating a weighted average of individual Style Scores that may not be ideal for personal trading styles.

Its Value Score of D suggests that Honeywell International Inc may be overvalued, making it a bad pick for value investors.

The company's Growth Score is also D, indicating potential for underperformance in the market.

Recent price changes and earnings estimate revisions have resulted in a Momentum Score of F, making it a poor choice for momentum investors.

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Honeywell International's revenue reached $36.66 billion in 2023, a 3.37% increase from the previous year.

In November 2024, stocks soared to record highs as investors looked ahead to a second term for President-elect Donald Trump. This momentum carried over into the following months, with Honeywell's revenue growth continuing to impress.

Here are some key metrics that illustrate Honeywell's stock performance:

Overall, Honeywell's stock performance has been strong, with revenue growth outpacing the industry and history.

When evaluating a company's stock performance, growth rank is a crucial factor to consider. Growth rank is a measure of a company's ability to grow its revenue and earnings over time.

The 3-year revenue growth rate of this company is 6.1%, which is a respectable figure. This means that the company's revenue has increased by 6.1% per year over the past three years. The 3-year EBITDA growth rate is even higher, at 9.5%. This indicates that the company's earnings before interest, taxes, depreciation, and amortization have grown at a faster rate than its revenue.

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However, the 3-year FCF growth rate is a concern, coming in at -4.8%. This means that the company's free cash flow has actually decreased over the past three years. On the other hand, the 3-year book growth rate is -1.2%, which suggests that the company's book value has also decreased.

Looking ahead, the estimated 3-5 year EPS without NRI growth rate is 6.7%, which is a promising sign. The estimated 3-5 year total revenue growth rate is 5.92%, which is also a positive indicator.

Here's a summary of the growth rank metrics:

Momentum Rank is a key indicator of a stock's performance. It's calculated by looking at various momentum metrics.

The 5-Day RSI is currently at 60.86, which is a strong sign of upward momentum. This means the stock has been gaining value over the past five days.

The 9-Day RSI is at 55.81, indicating a slight decrease in momentum compared to the 5-Day RSI. However, it's still a relatively high number.

The 14-Day RSI is even lower, at 52.98. This suggests that the stock's momentum has been decreasing over the past two weeks.

Here's a breakdown of the momentum metrics:

These metrics show that the stock's momentum has been increasing over the past few months, but at a slower rate.

Honeywell stock has been on the rise, and it's all thanks to speculation about a potential spinoff of its aerospace segment.

The news broke on Monday, with shares advancing as a result. Elliott Investment Management had advised some changes for the industrial conglomerate just last month.

Elliott Investment Management had advised some changes for the industrial conglomerate just last month. Honeywell International, the conglomerate in question, issued an update on its portfolio review.

The company is considering spinning off its aerospace unit, which has some investors hopeful for a GE Vernova-like success. Breaking up companies into smaller entities has proven to be a winning formula for investors in the past.

For every GE Vernova, which has seen a 154% return, there's a Kenvue or a Solventum that hasn't fared as well, dropping more than 20% or 17% respectively.

The final trades of the day with CNBC's Melissa Lee and the Fast Money traders were quite interesting. XHB, the SPDR S&P Homebuilders ETF, was one of the stocks discussed.

The traders were likely considering XHB's performance in the market, given its focus on homebuilding companies. This could be a key factor in their final trade decisions.

BYD, the Chinese automaker and battery manufacturer, was also a part of the final trades. Its innovative products and expanding market share may have caught the traders' attention.

Gold, a popular investment option, was another key component of the final trades. The traders may have been considering its current price and potential for future growth.

The combination of XHB, BYD, and Gold in the final trades suggests a focus on growth and diversification. This could be a smart strategy for investors looking to balance their portfolios.

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Delayed NSDQ Data can impact your investment decisions. The stock price of NSDQ is currently at $220.14, with a -0.56% drop.

You can use the Zacks Rank to gauge the short-term performance of NSDQ. The rank system assigns a score from 1 to 5, with 1 being a Strong Buy and 5 being a Strong Sell.

Here's a breakdown of the Zacks Rank:

NSDQ has a Zacks Rank of 1, which indicates a Strong Buy. This means it has a high probability of success in the next 1 to 3 months.