Expert Outlook: Honeywell Intl Through The Eyes Of 5 Analysts

Analysts' ratings for Honeywell Intl HON over the last quarter vary from bullish to bearish, as provided by 5 analysts.

The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months.

Analysts have set 12-month price targets for Honeywell Intl, revealing an average target of $225.2, a high estimate of $240.00, and a low estimate of $209.00. This upward trend is apparent, with the current average reflecting a 0.99% increase from the previous average price target of $223.00.

Diving into Analyst Ratings: An In-Depth Exploration

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.

Key Insights:

• Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Honeywell Intl. This information provides a snapshot of how analysts perceive the current state of the company.
• Rating: Offering a comprehensive view, analysts assess stocks qualitatively, spanning from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Honeywell Intl compared to the broader market.
• Price Targets: Delving into movements, analysts provide estimates for the future value of Honeywell Intl's stock. This analysis reveals shifts in analysts' expectations over time.

To gain a panoramic view of Honeywell Intl's market performance, explore these analyst evaluations alongside essential financial indicators. Stay informed and make judicious decisions using our Ratings Table.

Stay up to date on Honeywell Intl analyst ratings.

Discovering Honeywell Intl: A Closer Look

Honeywell traces its roots to 1885 with Albert Butz's firm, Butz-Thermo Electric Regulator, which produced a predecessor to the modern thermostat. Today, Honeywell is a global multi-industry behemoth with one of the largest installed bases of equipment. It operates through four business segments: aerospace, building technologies, performance materials and technologies, and safety and productivity solutions. In recent years, the firm has made several portfolio changes, including the addition of Intelligrated in 2016, as well as the spinoffs of Garrett and Resideo in 2018. In 2019, the firm launched Honeywell Forge, its enterprise performance management software solution that leverages the firm's domain expertise in buildings, airlines, and critical infrastructure.

Honeywell Intl's Economic Impact: An Analysis

Market Capitalization: Exceeding industry standards, the company's market capitalization places it above industry average in size relative to peers. This emphasizes its significant scale and robust market position.

Revenue Growth: Honeywell Intl's remarkable performance in 3 months is evident. As of 31 December, 2023, the company achieved an impressive revenue growth rate of 2.77%. This signifies a substantial increase in the company's top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Industrials sector.

Net Margin: Honeywell Intl's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 13.38% net margin, the company effectively manages costs and achieves strong profitability.

Return on Equity (ROE): Honeywell Intl's ROE stands out, surpassing industry averages. With an impressive ROE of 7.63%, the company demonstrates effective use of equity capital and strong financial performance.

Return on Assets (ROA): Honeywell Intl's ROA stands out, surpassing industry averages. With an impressive ROA of 2.06%, the company demonstrates effective utilization of assets and strong financial performance.

Debt Management: Honeywell Intl's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 1.36.

The Core of Analyst Ratings: What Every Investor Should Know

Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.

Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability.

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