Honeywell International (HON) to Release Quarterly Earnings on Thursday

Honeywell International (NASDAQ:HON) is projected to announce its earnings results before the market opens on Thursday, February 6th. Analysts expect the company to announce earnings of $2.37 per share and revenue of $9.83 billion for the quarter. Investors interested in participating in the company’s conference call can do so using this link.

Honeywell International Trading Down 0.6 %

Shares of NASDAQ:HON opened at $222.41 on Tuesday. Honeywell International has a twelve month low of $189.75 and a twelve month high of $242.77. 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 firm has a market cap of $144.62 billion, a P/E ratio of 25.68, a P/E/G ratio of 2.57 and a beta of 1.05. The company has a 50 day moving average of $225.91 and a 200-day moving average of $215.08.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on HON shares. The Goldman Sachs Group lifted their price target on Honeywell International from $227.00 to $256.00 and gave the company a “buy” rating in a research report on Thursday, December 12th. Barclays upped their price target on Honeywell International from $255.00 to $260.00 and gave the company an “overweight” rating in a report on Friday, January 17th. JPMorgan Chase & Co. reduced their price objective on shares of Honeywell International from $233.00 to $231.00 and set a “neutral” rating for the company in a research note on Wednesday, January 15th. Wolfe Research cut Honeywell International from an “outperform” rating to a “peer perform” rating in a research report on Monday, October 28th. Finally, UBS Group reissued a “buy” rating and set a $298.00 price target (up from $215.00) on shares of Honeywell International in a research report on Wednesday, November 13th. Eleven investment analysts have rated the stock with a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, Honeywell International 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.