Honeywell International (NASDAQ:HON) Issues Earnings Results, Beats Estimates By $0.10 EPS

Honeywell International (NASDAQ:HON) posted its earnings results on Thursday. The conglomerate reported $2.47 EPS for the quarter, topping the consensus estimate of $2.37 by $0.10, Zacks reports. Honeywell International had a net margin of 15.02% and a return on equity of 37.77%. Honeywell International updated its FY 2025 guidance to 10.100-10.500 EPS and its Q1 2025 guidance to 2.150-2.250 EPS.

Honeywell International Stock Down 5.2 %

Shares of HON traded down $11.65 during trading hours on Thursday, reaching $210.70. 6,728,574 shares of the stock traded hands, compared to its average volume of 3,662,017. The company has a current ratio of 1.44, a quick ratio of 1.12 and a debt-to-equity ratio of 1.44. The company has a market cap of $137.01 billion, a price-to-earnings ratio of 24.32, a PEG ratio of 2.57 and a beta of 1.05. Honeywell International has a 52 week low of $189.75 and a 52 week high of $242.77. The stock has a fifty day simple moving average of $225.46 and a 200 day simple moving average of $215.23.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on the stock. HSBC raised shares of Honeywell International from a “hold” rating to a “buy” rating and set a $290.00 price objective on the stock in a research note on Wednesday, December 11th. Bank of America raised their price objective on Honeywell International from $220.00 to $240.00 and gave the stock a “neutral” rating in a research report on Thursday, November 14th. Robert W. Baird downgraded shares of Honeywell International from an “outperform” rating to a “neutral” rating and decreased their target price for the company from $223.00 to $217.00 in a research report on Friday, October 25th. Baird R W downgraded shares of Honeywell International from a “strong-buy” rating to a “hold” rating in a research report on Friday, October 25th. Finally, Wells Fargo & Company lowered their target price on shares of Honeywell International from $254.00 to $240.00 and set an “equal weight” rating for the company in a research note on Tuesday, January 7th. Eleven equities research analysts have rated the stock with a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $248.29.

Honeywell International Company Profile

Honeywell International Inc engages in the aerospace technologies, building automation, energy and sustainable solutions, and industrial automation businesses in the United States, Europe, and internationally. The company’s Aerospace 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 thermal systems, as well as wireless connectivity services.