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Honeywell International Inc. (HON) Stock Moves 2.60%: What You Should Know
Zacks Investment Research·
Honeywell International Inc. (HON) rose 2.6% to $211.85 in the latest session, outperforming the Conglomerates sector but lagging the S&P 500. However, the company faces significant headwinds with expected EPS down 61.7% and revenue down 51.45% for the upcoming quarter. Full-year estimates project earnings down 57.62% and revenue down 49.64%. The stock carries a Zacks Rank #3 (Hold) rating and trades at a premium valuation with a Forward P/E of 24.92 versus the industry average of 13.73.
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