Equities research analysts expect Honeywell International Inc. (NYSE:HON) to post earnings of $1.96 per share for the current fiscal quarter, Zacks reports. Six analysts have provided estimates for Honeywell International’s earnings, with the highest EPS estimate coming in at $2.04 and the lowest estimate coming in at $1.90. Honeywell International reported earnings of $2.10 per share in the same quarter last year, which indicates a negative year over year growth rate of 6.7%. The firm is expected to announce its next earnings report on Thursday, July 16th.

On average, analysts expect that Honeywell International will report full-year earnings of $6.93 per share for the current fiscal year, with EPS estimates ranging from $6.50 to $7.25. For the next year, analysts forecast that the business will post earnings of $7.66 per share, with EPS estimates ranging from $7.40 to $8.09. Zacks Investment Research’s EPS averages are a mean average based on a survey of sell-side analysts that follow Honeywell International.

Honeywell International (NYSE:HON) last posted its quarterly earnings results on Friday, May 1st. The conglomerate reported $2.21 earnings per share for the quarter, beating analysts’ consensus estimates of $1.96 by $0.25. Honeywell International had a net margin of 17.38% and a return on equity of 33.60%. The company had revenue of $8.46 billion for the quarter, compared to the consensus estimate of $8.56 billion. During the same period last year, the company posted $1.92 EPS. The firm’s quarterly revenue was down 4.7% compared to the same quarter last year.

Several research firms recently commented on HON. Atlantic Securities downgraded shares of Honeywell International from an “overweight” rating to a “neutral” rating and set a $158.00 target price on the stock. in a research report on Tuesday, March 31st. JPMorgan Chase & Co. cut their target price on shares of Honeywell International from $155.00 to $145.00 and set an “overweight” rating on the stock in a research report on Tuesday, May 5th. Langenberg & Company reiterated a “buy” rating and set a $165.00 target price on shares of Honeywell International in a research report on Friday, May 1st. Oppenheimer reiterated a “hold” rating on shares of Honeywell International in a research report on Friday, May 1st. Finally, Barclays reiterated a “buy” rating and set a $156.00 target price on shares of Honeywell International in a research report on Friday, April 17th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and twelve have issued a buy rating to the company. Honeywell International presently has an average rating of “Buy” and an average price target of $156.47.

NYSE:HON traded up $0.61 during mid-day trading on Friday, hitting $143.85. 48,408 shares of the company’s stock were exchanged, compared to its average volume of 3,814,968. The company has a 50 day simple moving average of $143.04 and a 200-day simple moving average of $155.39. The company has a current ratio of 1.30, a quick ratio of 1.04 and a debt-to-equity ratio of 0.65. Honeywell International has a fifty-two week low of $101.08 and a fifty-two week high of $184.06. The firm has a market capitalization of $99.78 billion, a P/E ratio of 16.34, a PEG ratio of 2.68 and a beta of 1.03.

The business also recently declared a quarterly dividend, which was paid on Friday, June 5th. Stockholders of record on Friday, May 15th were issued a dividend of $0.90 per share. The ex-dividend date of this dividend was Thursday, May 14th. This represents a $3.60 annualized dividend and a dividend yield of 2.50%. Honeywell International’s payout ratio is presently 44.12%.

Several large investors have recently modified their holdings of HON. Orser Capital Management LLC increased its holdings in shares of Honeywell International by 2.6% during the fourth quarter. Orser Capital Management LLC now owns 5,856 shares of the conglomerate’s stock valued at $1,033,000 after acquiring an additional 151 shares in the last quarter. Quadrant Capital Group LLC raised its stake in Honeywell International by 12.5% during the 4th quarter. Quadrant Capital Group LLC now owns 10,519 shares of the conglomerate’s stock valued at $1,840,000 after purchasing an additional 1,166 shares during the period. Rafferty Asset Management LLC raised its stake in Honeywell International by 20.9% during the 4th quarter. Rafferty Asset Management LLC now owns 1,866 shares of the conglomerate’s stock valued at $330,000 after purchasing an additional 322 shares during the period. Morningstar Investment Services LLC bought a new stake in Honeywell International during the 4th quarter valued at approximately $215,000. Finally, Columbia Trust Co 01012016 bought a new stake in Honeywell International during the 4th quarter valued at approximately $305,000. Hedge funds and other institutional investors own 76.51% 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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