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See what the IHS Markit Score report has to say about Honeywell International Inc.

IHS Markit

Honeywell International Inc

NYSE:HON

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Summary

  • Perception of the company's creditworthiness is positive
  • ETFs holding this stock are seeing positive inflows
  • Bearish sentiment is low
  • Economic output in this company's sector is contracting

Bearish sentiment

Short interest | Positive

Short interest is extremely low for HON with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting HON.

Money flow

ETF/Index ownership | Positive

ETF activity is positive. Over the last month, ETFs holding HON are favorable, with net inflows of $11.31 billion. Additionally, the rate of inflows is increasing.

Economic sentiment

PMI by IHS Markit | Negative

According to the latest IHS Markit Purchasing Managers’ Index (PMI) data, output in the Industrialsis falling. The rate of decline is very significant relative to the trend shown over the past year, and is accelerating. The rate of contraction may ease in the coming months, however.

Credit worthiness

Credit default swap | Positive

The current level displays a positive indicator. HON credit default swap spreads are near the lowest level of the last one year and indicate improvement in the market's perception of the company's credit worthiness.

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