|Bid||169.13 x 800|
|Ask||169.49 x 1100|
|Day's Range||165.89 - 169.86|
|52 Week Range||123.48 - 169.86|
|Beta (3Y Monthly)||1.24|
|PE Ratio (TTM)||18.83|
|Forward Dividend & Yield||3.28 (2.06%)|
|1y Target Est||N/A|
Honeywell (HON) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
Honeywell (HON) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank 2 (Buy).
Federal authorities say they've reached a proposed settlement with two companies for the cleanup of a former chemical plant near the Cape Fear River. The Justice Department and the Environmental Protection Agency said in a news release Thursday that the settlement was reached with Honeywell International Inc. and International Paper Co. The companies have agreed to treat, store and dispose of soils and sediments contaminated by metals that include mercury and PCBs. The settlement says the from 1963 to 2000, the LCP-Holtrachem plant made chemicals such as sodium hydroxide, liquid chlorine, hydrogen gas, liquid bleach and hydrochloric acid at the plant in Riegelwood in Columbus County, adjacent to the Cape Fear River.
Industrial stocks surprised to the upside as investors considered the implications of the Mueller report. Watch the dollar for signs of bearishness.
Honeywell International Inc. and Phoenix-based Honeywell Aerospace have received a $10.1 million U.S. Air Force contract. The three-year contract is to provide advanced central air data computers for the F-16 fighter aircraft weapon system.
The latest on developments in financial markets (all times local): 4 p.m. Major U.S. indexes managed small gains on Wall Street but not enough to prevent a losing week for the S&P 500 following three weeks ...
Honeywell earnings for the first quarter of 2019 have HON stock heading higher on Thursday.Source: Becky Wetherington via Flickr (modified)Honeywell (NYSE:HON) starts off its earnings report for the first quarter of the year with earnings per share of $1.92. This is down from the company's earnings per share of $1.95 from the first quarter of 2018. However, it was still a boon to HON stock by beating out Wall Street's earnings per share estimate of $1.83 for the period.The Honeywell earnings report for the first quarter of 2019 also includes net income of $1.44 billion. This is a drop from the company's net income of $1.45 billion reported in the same period of the year prior.InvestorPlace - Stock Market News, Stock Advice & Trading TipsHoneywell earnings for the first quarter of the year also see it bringing in revenue of $8.88 billion. The company reported revenue of $10.39 billion in the first quarter of the previous year. Despite the drop, this was still a blessing for HON stock by coming in above analysts' revenue estimate of $8.64 billion for the quarter. * 5 Dividend Stocks Perfect for Retirees "Honeywell delivered a very strong start to 2019 with first-quarter results that exceeded the high end of our sales and earnings guidance," Darius Adamczyk, Chairman and CEO of Honeywell, said in a statement. "Organic sales grew 8% led by our long-cycle businesses in commercial aerospace, defense, and warehouse and process automation, and strong demand for commercial fire and security products."HON stock was up 3% as of Thursday afternoon and is up 23% since the start of the year. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 5 Dividend Stocks Perfect for Retirees * 7 Reasons the Stock Market Rally Isn't Over Yet * 10 S&P 500 Stocks to Weather the Earnings Storm As of this writing, William White did not hold a position in any of the aforementioned securities.Compare Brokers The post Honeywell Earnings: HON Stock Hops Higher appeared first on InvestorPlace.
Shares of the videoconferencing software company Zoom surged 72.2% on Thursday, its first day of trading. The bump gave Zoom a market cap of $16.7 billion. Pinterest PINS — Pinterest surged more than 28% in its first day of trading.
Honeywell earned $1.92 per share, 8 cents more than analysts expected, on sales of $8.9 billion. Honeywell stock was hot coming into the report, notching a 52-week high on Wednesday. It brings up a key question of just how far Honeywell stock can run.
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U.S. stocks dipped in volatile trading on Thursday, ahead of a long Easter weekend, as another drop in healthcare stocks overshadowed gains from industrials after upbeat earnings. In a bright spot, U.S. retail sales increased by the most in 1-1/2 years in March, while a labor department report showed the number of Americans filing for unemployment benefits dropped to its lowest in nearly 50 years last week, further underscoring the economy's strength.
Boeing has signalled that the proposed new mid-sized jetliner, known as NMA, will accelerate its drive to diversify beyond airframes and into services such as repairs and maintenance, where parts suppliers make much of their revenue. The trend by Boeing and other planemakers to encroach on the business models of their suppliers has already fuelled an industry power battle that analysts say could reach a critical point during supplier negotiations for the NMA. "If Boeing decides to move forward on the NMA ... we feel like we have got some very competitive offerings that we could provide on a platform," Lewis said.
The 737 MAX was grounded worldwide in March following two fatal crashes, forcing Boeing to freeze deliveries. The impact of the groundings and production rate cuts for the 737 MAX by Boeing is negligible for Honeywell in the second quarter, Chief Executive Officer Darius Adamczyk said on a conference call with analysts.
Solid long-cycle businesses in U.S. defense, commercial aerospace, and warehouse and process automation drive Honeywell's (HON) Q1.
U.S. stocks were flat in volatile trading on Thursday, ahead of a long Easter weekend, as another drop in healthcare stocks blunted gains from upbeat industrial earnings and robust retail sales data. U.S. retail sales increased by the most in 1-1/2 years in March, the latest indication that economic growth picked up in the first quarter after a false start. "Retail sales really came back roaring.
posted stronger-than-expected first quarter earnings, and boosted its full year outlook, thanks to a solid performance from its aerospace division. Honeywell said earnings for the three months ending in March came in at $1.92 per share, up 4.3% from the same period last year and ahead of the Street consensus forecast of $1.83 per share. Group revenues, Honeywell said, fell 15% from last year to $8.884 billion, but were paced by a 10% increase in organic sales from the group's aerospace division to $3.34 billion.