Honeywell International (NYSE:HON) issued an update on its FY 2019 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of $7.95-8.15 for the period, compared to the Thomson Reuters consensus estimate of $8.10. The company issued revenue guidance of $36.7-37.2 billion, compared to the consensus revenue estimate of $37.17 billion.Honeywell International also updated its FY19 guidance to $7.95-8.15 EPS.

HON stock opened at $172.99 on Friday. Honeywell International has a fifty-two week low of $123.48 and a fifty-two week high of $178.47. The stock’s 50 day moving average price is $173.37. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.19 and a quick ratio of 1.01. The stock has a market cap of $126.54 billion, a P/E ratio of 21.60, a price-to-earnings-growth ratio of 2.32 and a beta of 1.10.

Honeywell International (NYSE:HON) last posted its quarterly earnings results on Thursday, July 18th. The conglomerate reported $2.10 earnings per share for the quarter, topping the consensus estimate of $2.08 by $0.02. The company had revenue of $9.24 billion for the quarter, compared to the consensus estimate of $9.37 billion. Honeywell International had a return on equity of 32.02% and a net margin of 18.17%. The firm’s quarterly revenue was down 15.3% compared to the same quarter last year. During the same quarter in the prior year, the business posted $2.12 EPS. Research analysts forecast that Honeywell International will post 8.11 earnings per share for the current year.

Several analysts recently weighed in on HON shares. Deutsche Bank upped their price target on Keysight Technologies from $100.00 to $120.00 and gave the stock a buy rating in a research note on Monday, April 22nd. Barclays upped their price target on from $65.00 to $100.00 and gave the stock an overweight rating in a research note on Friday. Morgan Stanley upped their price target on Blackstone Group from $54.00 to $56.00 and gave the stock an overweight rating in a research note on Friday. Jefferies Financial Group cut their price target on Boeing from $448.00 to $420.00 in a research note on Friday. Finally, Zacks Investment Research downgraded HANNOVER RUECK/S from a hold rating to a sell rating in a research note on Monday, April 22nd. Three equities research analysts have rated the stock with a hold rating, fourteen have issued a buy rating and one has given a strong buy rating to the stock. The company has an average rating of Buy and a consensus price target of $179.36.

In other Honeywell International news, CEO Vimal Kapur sold 5,000 shares of the stock in a transaction on Monday, May 20th. The stock was sold at an average price of $169.58, for a total transaction of $847,900.00. The sale was disclosed in a filing with the SEC, which is available through this link. Company insiders own 0.73% of the company’s stock.

Honeywell International Company Profile

Honeywell International Inc operates as a diversified technology and manufacturing company worldwide. Its Aerospace segment supplies products, software, and services for aircrafts and vehicles. This segment offers auxiliary power units, propulsion engines, integrated avionics, environmental control and electric power systems, engine controls, flight safety, communications, navigation hardware, data and software applications, radar and surveillance systems, aircraft lighting, advanced systems and instruments, satellite and space components, and aircraft wheels and brakes; spare parts; repair, overhaul, and maintenance services; and connected solutions and data services for the aftermarket, as well as provides wireless connectivity and management and technical services.

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Earnings History and Estimates for Honeywell International (NYSE:HON)

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