Core Viewpoint - Honeywell International Inc. is facing a challenging market environment, with recent stock performance lagging behind major indices, and upcoming earnings projections indicating modest growth in EPS and revenue [1][2]. Financial Performance - The upcoming EPS for Honeywell is projected at 9.58 billion, representing a 5.23% rise compared to the same quarter last year [2]. - For the entire fiscal year, earnings are projected at 40.31 billion, indicating increases of 5.66% and 4.7% respectively from the prior year [3]. Analyst Estimates - Recent changes to analyst estimates for Honeywell should be monitored, as positive revisions can signal a favorable business outlook [4]. - The consensus EPS projection has decreased by 5.15% in the past 30 days, resulting in a Zacks Rank of 5 (Strong Sell) for Honeywell [6]. Valuation Metrics - Honeywell is currently trading at a Forward P/E ratio of 20.31, which is higher than the industry average of 14.94 [7]. - The company has a PEG ratio of 2.49, compared to the industry average PEG ratio of 1.93, indicating a premium valuation relative to expected earnings growth [8]. Industry Context - The Diversified Operations industry, which includes Honeywell, ranks in the bottom 40% of all industries according to the Zacks Industry Rank, which is based on the average Zacks Rank of individual stocks [9].
Honeywell International Inc. (HON) Increases Yet Falls Behind Market: What Investors Need to Know