Market Update: Honeywell International Inc (NYSE:HON) – Honeywell And NASA Put STEM Education In ‘Motion’ For Arizona Middle Schools
March 21, 2016 at 12:00 PM EDT
[PR Newswire] – MORRIS TOWNSHIP, N.J., March 21, 2016 /PRNewswire/ — Honeywell (NYSE: HON) and NASA are proud to support their science, technology, engineering and math (STEM) education program with the award-winning, … Read more on this. Honeywell International Inc. (HON) , valued at $85.63B, opened this morning at $111.74. During today’s session, HON traded between $111.55 to $112.78 with a one year range of $87.00 to $112.78. HON shares are currently priced at 16.96x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s 16.21x earnings multiple. And for income investors, the company pays shareholders $2.38 per share annually in dividends, yielding 2.12%. In a review of the consensus earnings estimate this quarter, 19 sell-side analysts are looking at $1.50 per share, which would be $0.09 better than the year-ago quarter and a $0.01 sequential increase. In looking at the bigger picture, the full-year EPS estimate of $6.61 would be a $0.51 improvement when compared to the previous year’s annual results. The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $9.36 Billion. If realized, that would be a 1.63% increase over the year-ago quarter. More recently, UBS Initiated HON at Neutral (Jan 22, 2015). Previously, Stifel Nicolaus Initiated HON at to Buy. The average price target for HON shares is $117.35, which is 5.02% above where the stock opened this morning. See more in (NYSE:HON) Similar Articles: Market Update: Honeywell International Inc (NYSE:HON) – Honeywell and NASA Put STEM Education in ‘Motion’ with FMA Live! Stock Update: Honeywell International Inc (NYSE:HON) – Honeywell And NASA Bring Hip-Hop Science Series To North Carolina Middle Schools Market Update: Honeywell International Inc (NYSE:HON) – Honeywell and NASA Bring Hip-Hop Science Series To Kentucky Middle Schools