Honeywell International Stock Buy Hold or Sell Recommendation
| HON Stock | USD 226.09 0.58 0.26% |
Considering the 90-day investment horizon and your above-average risk tolerance, our recommendation regarding Honeywell International is 'Strong Buy'. The recommendation algorithm takes into account all of Honeywell International's available fundamental, technical, and predictive indicators you will find on this site.
Check out Honeywell International Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. To learn how to invest in Honeywell Stock, please use our How to Invest in Honeywell International guide. In addition, we conduct extensive research on individual companies such as Honeywell and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Honeywell International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
Honeywell |
Execute Honeywell International Buy or Sell Advice
The Honeywell recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Honeywell International. Macroaxis does not own or have any residual interests in Honeywell International or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Honeywell International's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Buy
Market Performance | OK | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Slowly supersedes the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Buy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unavailable | Details |
Honeywell International Trading Alerts and Improvement Suggestions
| Honeywell International is unlikely to experience financial distress in the next 2 years | |
| Over 81.0% of the company shares are owned by institutional investors | |
| Latest headline from news.google.com: Disposition of 4034 shares by West Kenneth J of Honeywell International at 194.31 subject to Rule 16b-3 |
Honeywell International Returns Distribution Density
The distribution of Honeywell International's historical returns is an attempt to chart the uncertainty of Honeywell International's future price movements. The chart of the probability distribution of Honeywell International daily returns describes the distribution of returns around its average expected value. We use Honeywell International price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Honeywell International returns is essential to provide solid investment advice for Honeywell International.
| Mean Return | 0.19 | Value At Risk | -1.27 | Potential Upside | 2.62 | Standard Deviation | 1.31 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Honeywell International historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Honeywell Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument, such as Honeywell International, soars without any apparent reason. This usually happens because many institutional investors are aggressively trading Honeywell International back and forth among themselves. Companies that invest excess capital in these types of assets may also be included in this term and can influence corporate governance by exercising voting rights in their investments.
| Shares | Franklin Resources Inc | 2024-06-30 | 10 M | Ameriprise Financial Inc | 2024-06-30 | 8.4 M | Nuveen Asset Management, Llc | 2024-06-30 | 7.9 M | Royal Bank Of Canada | 2024-06-30 | 7.7 M | Capital Research Global Investors | 2024-09-30 | 6.3 M | Bank Of New York Mellon Corp | 2024-06-30 | 6.3 M | Northern Trust Corp | 2024-09-30 | 5.9 M | Legal & General Group Plc | 2024-06-30 | 4.9 M | Goldman Sachs Group Inc | 2024-06-30 | 4.8 M | Vanguard Group Inc | 2024-09-30 | 61.4 M | Blackrock Inc | 2024-06-30 | 40.9 M |
Honeywell International Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | (100M) | (67M) | (685M) | (440M) | (626M) | (594.7M) | |
| Change In Cash | (220M) | 5.2B | (3.3B) | (1.3B) | (1.7B) | (1.6B) | |
| Free Cash Flow | 6.1B | 5.3B | 5.1B | 4.5B | 4.3B | 2.7B | |
| Depreciation | 1.1B | 1.0B | 1.2B | 1.2B | 1.2B | 910.9M | |
| Other Non Cash Items | (710M) | (929M) | (1.5B) | (160M) | (2.2B) | (2.1B) | |
| Dividends Paid | 2.4B | 2.6B | 2.6B | 2.7B | 2.9B | 3.0B | |
| Capital Expenditures | 839M | 906M | 895M | 766M | 1.0B | 880.8M | |
| Net Income | 6.1B | 4.8B | 5.6B | 5.0B | 5.7B | 5.9B | |
| End Period Cash Flow | 9.1B | 14.3B | 11.0B | 9.6B | 7.9B | 4.2B | |
| Investments | 211M | 123M | 152M | (93M) | (1.3B) | (1.2B) | |
| Change Receivables | 11M | 669M | (8M) | (739M) | (849.9M) | (807.4M) | |
| Net Borrowings | (177M) | 5.9B | (2.4B) | 317M | 364.6M | 691.4M | |
| Change To Netincome | (3M) | 186M | (1.0B) | 893M | 803.7M | 442.1M |
Honeywell International Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Honeywell International or Industrial Conglomerates sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Honeywell International's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Honeywell stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.09 | |
β | Beta against Dow Jones | 0.90 | |
σ | Overall volatility | 1.32 | |
Ir | Information ratio | 0.06 |
Honeywell International Volatility Alert
Honeywell International has relatively low volatility with skewness of -0.26 and kurtosis of 4.38. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Honeywell International's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Honeywell International's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Honeywell International Fundamentals Vs Peers
Comparing Honeywell International's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Honeywell International's direct or indirect competition across all of the common fundamentals between Honeywell International and the related equities. This way, we can detect undervalued stocks with similar characteristics as Honeywell International or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Honeywell International's fundamental indicators could also be used in its relative valuation, which is a method of valuing Honeywell International by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Honeywell International to competition |
| Fundamentals | Honeywell International | Peer Average |
| Return On Equity | 0.32 | -0.31 |
| Return On Asset | 0.0733 | -0.14 |
| Profit Margin | 0.15 % | (1.27) % |
| Operating Margin | 0.22 % | (5.51) % |
| Current Valuation | 167.3 B | 16.62 B |
| Shares Outstanding | 650.25 M | 571.82 M |
| Shares Owned By Insiders | 0.09 % | 10.09 % |
| Shares Owned By Institutions | 80.61 % | 39.21 % |
| Number Of Shares Shorted | 9.28 M | 4.71 M |
| Price To Earning | 28.18 X | 28.72 X |
| Price To Book | 8.47 X | 9.51 X |
| Price To Sales | 3.88 X | 11.42 X |
| Revenue | 36.66 B | 9.43 B |
| Gross Profit | 11.64 B | 27.38 B |
| EBITDA | 7.08 B | 3.9 B |
| Net Income | 5.66 B | 570.98 M |
| Cash And Equivalents | 7.97 B | 2.7 B |
| Cash Per Share | 11.85 X | 5.01 X |
| Total Debt | 21.54 B | 5.32 B |
| Debt To Equity | 0.98 % | 48.70 % |
| Current Ratio | 1.24 X | 2.16 X |
| Book Value Per Share | 26.77 X | 1.93 K |
| Cash Flow From Operations | 5.34 B | 971.22 M |
| Short Ratio | 2.30 X | 4.00 X |
| Earnings Per Share | 8.66 X | 3.12 X |
| Price To Earnings To Growth | 1.88 X | 4.89 X |
| Target Price | 236.26 | |
| Number Of Employees | 95 K | 18.84 K |
| Beta | 1.02 | -0.15 |
| Market Capitalization | 147.01 B | 19.03 B |
| Total Asset | 61.52 B | 29.47 B |
| Retained Earnings | 47.98 B | 9.33 B |
| Working Capital | 4.96 B | 1.48 B |
Note: Disposition of 4034 shares by West Kenneth J of Honeywell International at 194.31 subject to Rule 16b-3 [view details]
Honeywell International Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Honeywell . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Honeywell International Buy or Sell Advice
When is the right time to buy or sell Honeywell International? Buying financial instruments such as Honeywell Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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Check out Honeywell International Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. To learn how to invest in Honeywell Stock, please use our How to Invest in Honeywell International guide.You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Is Industrial Conglomerates space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Honeywell International. If investors know Honeywell will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Honeywell International listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.05) | Dividend Share 4.32 | Earnings Share 8.66 | Revenue Per Share 58.021 | Quarterly Revenue Growth 0.056 |
The market value of Honeywell International is measured differently than its book value, which is the value of Honeywell that is recorded on the company's balance sheet. Investors also form their own opinion of Honeywell International's value that differs from its market value or its book value, called intrinsic value, which is Honeywell International's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Honeywell International's market value can be influenced by many factors that don't directly affect Honeywell International's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Honeywell International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Honeywell International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Honeywell International's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.