Honeywell International Inc. (HON) Exceeds Market Returns: Some Facts to Consider

Group 1 - Honeywell International Inc. closed at $196.60, with a +1.72% change, outperforming the S&P 500's gain of 0.13% but underperforming the Dow and Nasdaq [1] - Over the last month, Honeywell's shares decreased by 7.37%, which is better than the Conglomerates sector's loss of 9.72% but worse than the S&P 500's loss of 6.3% [1] Group 2 - The upcoming earnings report for Honeywell is scheduled for April 29, 2025, with an expected EPS of$ 2.20, reflecting a 2.22% decline year-over-year, and anticipated revenue of $9.57 billion, indicating a 5.15% increase [2] - For the entire year, Zacks Consensus Estimates forecast earnings of$ 10.26 per share and revenue of $40.2 billion, representing changes of +3.74% and +4.41% respectively compared to the previous year [3] Group 3 - Recent revisions to analyst forecasts for Honeywell are important as they indicate changing near-term business trends, with positive revisions seen as a good sign for the company's outlook [4] - The Zacks Rank system, which incorporates estimate changes, currently ranks Honeywell at 3 (Hold), with a recent downward shift of 0.84% in the EPS estimate [5][6] Group 4 - Honeywell is trading with a Forward P/E ratio of 18.84, which is higher than the industry average of 15.61, suggesting it is trading at a premium [7] - The company's PEG ratio is currently 2.28, compared to the Diversified Operations industry's average PEG ratio of 1.42, indicating a higher valuation relative to expected earnings growth [8] Group 5 - The Zacks Industry Rank places the Diversified Operations industry in the top 34% of all industries, with the top 50% rated industries outperforming the bottom half by a factor of 2 to 1 [9]