|Bid||152.000 x 800|
|Ask||153.030 x 800|
|Day's Range||151.28 - 151.93|
|52 Week Range||119.58 - 160.57|
|PE Ratio (TTM)||N/A|
|Beta (3Y Monthly)||1.20|
|Expense Ratio (net)||0.43%|
Analyzing Honeywell's First-Quarter Dividend(Continued from Prior Part)Analysts’ consensus on HoneywellCurrently, 23 analysts are tracking Honeywell (HON)—one less than at the end of 2018. Among the analysts, 83% recommended a “buy,” while
Signs of improvement in trade relations between the United States and China and the Fed???s dovish stance have helped industrial ETFs despite mixed earnings.
Honeywell's Q4 Earnings: What Can Investors Expect?(Continued from Prior Part)Analysts’ consensus on HoneywellCurrently, 23 analysts are tracking Honeywell (HON)—one less than during the second quarter. Among the analysts, 75% have a “buy”
Industrial production up 0.3% in December riding on higher manufacturing and mining levels. This puts related ETFs in focus.
3M's Q4 Earnings: What Can Investors Expect?(Continued from Prior Part)Analysts’ consensus on 3M Investors follow analysts’ views, recommendations, and target prices as a guide to the track stock price movement. The number of analysts tracking 3M
Industrial ETFs are building up momentum after data revealed U.S. manufacturing activity strengthened despite concerns over falling exports and global trade. Industrials were the best performing sector ...
Bulls versus Bears: Who Will Rule the Stock Markets in 2019?(Continued from Prior Part)Goldman Sachs’ S&P 500 target As of December 14, Goldman Sachs’ (GS) chief equity strategist, David Kostin, expects the S&P 500 (SPY) to reach 3,000 by
These sector ETFs and stocks should give solid performance in the coming days thanks to upbeat jobs data for the month of December.
Will Restructuring Initiatives Put GE Back on Growth Trajectory? General Electric’s (GE) Power, Transportation, and Lighting divisions have been struggling for years. The company’s Power segment is struggling to cope with changing industry dynamics as the growing demand for renewables and energy efficiency has eroded the demand for fossil-fuel-based power plants.
There has been a considerable increase in the number of analysts tracking Illinois Tool Works (ITW) in the past six months. Currently, 21 analysts are actively tracking the stock. Among the analysts, 19% recommended a “buy,” 67% recommended a “hold,” and 5% recommended a “sell.” Investors follow analysts’ recommendations and views to track stock price trends.
On December 13, General Electric (GE), going ahead with its business restructuring and realignment initiatives, announced that it will spin off its digital assets and build an independent company. The independent company will focus exclusively on the IoT (Internet of Things) software portfolio. The spin-off announcement along with a rating upgrade from JPMorgan Chase (JPM) analyst Stephen Tusa drove General Electric stock higher during trade on December 13.
FedEx (FDX) has a consensus rating of ~1.93 from analysts polled by Thomson Reuters (TRI), and there’s a consensus “buy” opinion on the stock. Analysts are bullish about FedEx and foresee strong double-digit growth in its stock price. The company’s consistently strong quarterly performances and its encouraging outlook for fiscal 2019 have instilled confidence among analysts, as is reflected in their ratings.
Why Has General Electric Stock Struggled in 2018? The Healthcare segment is the fourth-largest contributor to General Electric’s total revenues. As part of the company’s major restructuring plan in June, General Electric intends to spin off the segment and turn it into a standalone entity.
Apart from the power business, General Electric’s (GE) Transportation and Legacy segment’s lighting division has also struggled for years. Train budgetary cuts in several global economies and massive competition are hurting the transportation businesses’ revenues and margins. Intensified competition from local and regional players in every market is hurting the lighting division’s sales.
Berkshire Hathaway-owned BNSF Railway (BRK.B) reported a 3.1% YoY increase in its rail traffic volume in week 47 due to strong carload traffic growth, which more than offset the weakness in intermodal units. The company reported rail traffic volumes of 187,426—compared to 181,826 units in the same week last year.
After registering a 6.7% rail traffic decline in week 46, Kansas City Southern (KSU) made a remarkable turnaround. The company’s total rail traffic increased 3.9% YoY in week 47 to 43,548 units from 41,917 units in the same week last year. The YoY growth was mainly driven by a strong recovery in carload and intermodal traffic.
Berkshire Hathaway-owned BNSF Railway (BRK.B) reported a 0.5% YoY fall in its rail traffic volume in week 46, as its weak intermodal performance more than offset the benefit of higher carload traffic. The company reported rail traffic volumes of 210,013 compared with 211,148 units in the same week of last year.
Analysts’ interest in 3M (MMM) has been increasing gradually since its third-quarter earnings. Currently, there are 19 active analysts tracking 3M stock. Among the analysts, 37% recommended a “buy,” 42% recommended a “hold,” and 21% recommended a “sell.” Analysts’ views and recommendations are widely followed by investors to track the stock price movement.
General Electric’s (GE) Healthcare segment, which offers medical imaging and information technologies, biopharmaceutical manufacturing technologies, and patient monitoring systems, is one of the company’s better-performing units and is the fourth-largest contributor to its total revenue.
For the past few years, General Electric (GE) has been witnessing falling revenues and profitability, mainly due to the underperformances of several of its business units. The company’s Power segment is struggling to keep up with changing industry dynamics, in which growing demand for renewables and energy efficiency has eroded demand for fossil fuels. GE’s Power segment’s performance is dependent on the gas and coal turbine market.
In the previous article, we went through analyst recommendations for Honeywell (HON). The latest short interest report from October 31, 2018, suggests that Honeywell’s short interest has stayed under 1% of its outstanding shares. As per the latest report, HON’s short interest is at 0.78% of the outstanding shares, indicating a steady trend since its previous report.
General Electric’s (GE) problems aren’t limited to the power business. The company’s Transportation and Legacy segment’s lighting division has also been in troubled waters for years. Intense competition and train budgetary cuts in several global economies are hurting transportation businesses’ revenues and margins.
General Electric (GE) registered its first gains yesterday after nine consecutive days of falling. Yesterday, the company announced it agreed to sell its Current lighting division to private equity firm American Industrial Partners (or AIP) for an undisclosed amount. The recently announced divestment is a part of GE’s massive business restructuring plan announced in June this year under which it plans to offload its struggling lighting business completely.
Eastern US rail giant CSX Corporation (CSX) posted 4.2% YoY (year-over-year) carload traffic growth in Week 42. The company hauled ~72,400 railcars sans intermodal units in the week compared to 69,500 units in Week 42 of 2017. Compared to US rail carriers’ 0.7% carload loss, CSX’s carload traffic reported much higher gains in the week.
In the third quarter, Norfolk Southern (NSC) recorded a 20% rise in its Intermodal segment’s revenue to $746.0 million from $621.0 million. The railroad company’s intermodal share of total revenue expanded 2% to 25.3% in the quarter from 23.3% in the corresponding period last year.