Honeywell International Stock Today

HON Stock  USD 190.36  0.36  0.19%   

Performance

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Odds Of Distress

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Honeywell International is selling at 190.36 as of the 18th of April 2024; that is -0.19 percent decrease since the beginning of the trading day. The stock's open price was 190.72. Honeywell International has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Honeywell International are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of December 2023 and ending today, the 18th of April 2024. Click here to learn more.
Honeywell International Inc. operates as a diversified technology and manufacturing company worldwide. The company was founded in 1906 and is headquartered in Charlotte, North Carolina. Honeywell International operates under Conglomerates classification in the United States and is traded on NASDAQ Exchange. The company has 651.19 M outstanding shares of which 7.59 M shares are currently shorted by investors with about 2.59 days to cover. More on Honeywell International

Honeywell Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Honeywell International's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Honeywell International or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEODoug Wright
Thematic Ideas
Showing 3 out of 5 themes
Old NameHoneywell International Inc
Business ConcentrationAircraft, Conglomerates, Industrials, Dow Jones Industrial, Giant Impact, Baby Boomer Prospects, Robots And Drones, Climate Change, Industrials, Industrial Conglomerates, Conglomerates, Industrials (View all Sectors)
Honeywell International (HON) is traded on NASDAQ Exchange in USA. It is located in 855 South Mint Street, Charlotte, NC, United States, 28202 and employs 95,000 people. Honeywell International is listed under Aircraft category by Fama And French industry classification. The company currently falls under 'Mega-Cap' category with a total capitalization of 126.36 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Honeywell International's market, we take the total number of its shares issued and multiply it by Honeywell International's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Honeywell International runs under Industrial Conglomerates sector within Industrials industry. The entity has 651.19 M outstanding shares of which 7.59 M shares are currently shorted by investors with about 2.59 days to cover. Honeywell International has about 7.97 B in cash with 5.34 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 11.85.
Check Honeywell International Probability Of Bankruptcy
Ownership Allocation
Honeywell International has a total of 651.19 Million outstanding shares. The majority of Honeywell International outstanding shares are owned by outside corporations. These institutional investors are usually referred to as non-private investors looking to purchase positions in Honeywell International to benefit from reduced commissions. Consequently, third-party entities are subject to a different set of regulations than regular investors in Honeywell International. Please pay attention to any change in the institutional holdings of Honeywell International as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company holds, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Honeywell Ownership Details

Honeywell Stock Price Odds Analysis

Contingent on a normal probability distribution, the odds of Honeywell International jumping above the current price in 90 days from now is close to 99%. The Honeywell International probability density function shows the probability of Honeywell International stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon Honeywell International has a beta of 0.1768. This usually indicates as returns on the market go up, Honeywell International average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Honeywell International will be expected to be much smaller as well. Additionally, honeywell International has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
  Odds Below 190.36HorizonTargetOdds Above 190.36
0.93%90 days
 190.36 
99.03%
Based on a normal probability distribution, the odds of Honeywell International to move above the current price in 90 days from now is close to 99 (This Honeywell International probability density function shows the probability of Honeywell Stock to fall within a particular range of prices over 90 days) .

Honeywell International Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Honeywell International market risk premium is the additional return an investor will receive from holding Honeywell International long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Honeywell International. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Honeywell International's alpha and beta are two of the key measurements used to evaluate Honeywell International's performance over the market, the standard measures of volatility play an important role as well.

Honeywell Stock Against Markets

Picking the right benchmark for Honeywell International stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Honeywell International stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Honeywell International is critical whether you are bullish or bearish towards Honeywell International at a given time. Please also check how Honeywell International's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Honeywell International without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Honeywell International Corporate Directors

Honeywell International corporate directors refer to members of a Honeywell International board of directors. The board of directors generally takes responsibility for the Honeywell International's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Honeywell International's board members must vote for the resolution. The Honeywell International board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
George PazIndependent DirectorProfile
Clive HollickIndependent DirectorProfile
Bradley ShearesIndependent DirectorProfile
Duncan AngoveIndependent DirectorProfile

How to buy Honeywell Stock?

Before investing in Honeywell International, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Honeywell International. To buy Honeywell International stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Honeywell International. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Honeywell International stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Honeywell International stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Honeywell International stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Honeywell International, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Honeywell Stock please use our How to Invest in Honeywell International guide.

Already Invested in Honeywell International?

The danger of trading Honeywell International is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Honeywell International is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Honeywell International. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Honeywell International is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Honeywell International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Honeywell International's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Honeywell International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Honeywell International Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Honeywell International. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
To learn how to invest in Honeywell Stock, please use our How to Invest in Honeywell International guide.
You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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When running Honeywell International's price analysis, check to measure Honeywell International's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Honeywell International is operating at the current time. Most of Honeywell International's value examination focuses on studying past and present price action to predict the probability of Honeywell International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Honeywell International's price. Additionally, you may evaluate how the addition of Honeywell International to your portfolios can decrease your overall portfolio volatility.
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Is Honeywell International's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Honeywell International. If investors know Honeywell will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Honeywell International listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Honeywell International is measured differently than its book value, which is the value of Honeywell that is recorded on the company's balance sheet. Investors also form their own opinion of Honeywell International's value that differs from its market value or its book value, called intrinsic value, which is Honeywell International's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Honeywell International's market value can be influenced by many factors that don't directly affect Honeywell International's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Honeywell International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Honeywell International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Honeywell International's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.