19 Analysts Have This To Say About Honeywell Intl

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Across the recent three months, 19 analysts have shared their insights on Honeywell Intl HON, expressing a variety of opinions spanning from bullish to bearish.

The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 4 3 12 0 0
Last 30D 0 0 1 0 0
1M Ago 2 0 1 0 0
2M Ago 1 2 4 0 0
3M Ago 1 1 6 0 0

Analysts have set 12-month price targets for Honeywell Intl, revealing an average target of $244.74, a high estimate of $298.00, and a low estimate of $213.00. Witnessing a positive shift, the current average has risen by 6.26% from the previous average price target of $230.32.

price target chart

Understanding Analyst Ratings: A Comprehensive Breakdown

The standing of Honeywell Intl among financial experts is revealed through an in-depth exploration of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Joseph O'Dea Wells Fargo Lowers Equal-Weight $240.00 $254.00
Sheila Kahyaoglu Jefferies Raises Hold $260.00 $220.00
Joe Ritchie Goldman Sachs Raises Buy $256.00 $227.00
Andrew Kaplowitz Citigroup Raises Buy $268.00 $244.00
Julian Mitchell Barclays Raises Overweight $260.00 $252.00
Deane Dray RBC Capital Maintains Sector Perform $253.00 $253.00
Andrew Obin B of A Securities Raises Neutral $240.00 $220.00
Damian Karas UBS Raises Buy $298.00 $215.00
Joseph O'Dea Wells Fargo Raises Equal-Weight $254.00 $215.00
Julian Mitchell Barclays Raises Overweight $252.00 $229.00
Deane Dray RBC Capital Raises Sector Perform $253.00 $213.00
Andrew Kaplowitz Citigroup Lowers Buy $244.00 $248.00
Julian Mitchell Barclays Lowers Overweight $229.00 $232.00
Deane Dray RBC Capital Lowers Sector Perform $213.00 $214.00
Stephen Tusa JP Morgan Lowers Neutral $233.00 $235.00
Joseph O'Dea Wells Fargo Raises Equal-Weight $215.00 $207.00
Peter Arment Baird Lowers Neutral $217.00 $223.00
Andrew Obin B of A Securities Lowers Neutral $230.00 $250.00
Stephen Tusa JP Morgan Raises Neutral $235.00 $225.00

Key Insights:

  • Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Honeywell Intl. This information offers a snapshot of how analysts perceive the current state of the company.
  • Rating: Providing a comprehensive analysis, analysts offer qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Honeywell Intl compared to the broader market.
  • Price Targets: Analysts predict movements in price targets, offering estimates for Honeywell Intl's future value. Examining the current and prior targets offers insights into analysts' evolving expectations.

For valuable insights into Honeywell Intl's market performance, consider these analyst evaluations alongside crucial financial indicators. Stay well-informed and make prudent decisions using our Ratings Table.

Stay up to date on Honeywell Intl analyst ratings.

Unveiling the Story Behind Honeywell Intl

Honeywell traces its roots to 1885 with Albert Butz's firm, Butz Thermo-Electric Regulator, which produced a predecessor to the modern thermostat. Other inventions by Honeywell include biodegradable detergent and autopilot. Today, Honeywell is a global multi-industry behemoth with one of the largest installed bases of equipment. It operates through four business segments: aerospace technologies (37% of 2023 company revenue), industrial automation (29%), energy and sustainability solutions (17%), and building automation (17%). Recently, Honeywell has made several portfolio changes to focus on fewer end markets and align with a set of secular growth trends. The firm is working diligently to expand its installed base, deriving around 30% of its revenue from recurring aftermarket services.

Honeywell Intl: A Financial Overview

Market Capitalization Analysis: The company's market capitalization surpasses industry averages, showcasing a dominant size relative to peers and suggesting a strong market position.

Revenue Growth: Honeywell Intl's remarkable performance in 3 months is evident. As of 30 September, 2024, the company achieved an impressive revenue growth rate of 5.6%. This signifies a substantial increase in the company's top-line earnings. When compared to others in the Industrials sector, the company excelled with a growth rate higher than the average among peers.

Net Margin: The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of 14.53%, the company showcases strong profitability and effective cost control.

Return on Equity (ROE): Honeywell Intl's ROE stands out, surpassing industry averages. With an impressive ROE of 8.23%, the company demonstrates effective use of equity capital and strong financial performance.

Return on Assets (ROA): Honeywell Intl's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 1.98%, the company showcases efficient use of assets and strong financial health.

Debt Management: Honeywell Intl's debt-to-equity ratio is below the industry average at 1.77, reflecting a lower dependency on debt financing and a more conservative financial approach.

How Are Analyst Ratings Determined?

Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.

Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.

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