Stock Update: Honeywell International Inc (NYSE:HON) – Honeywell To Present At Deutsche Bank Global Auto Industry Conference

[PR Newswire] – MORRIS PLAINS, N.J., Dec. 23, 2015 /PRNewswire/ — Honeywell ( NYSE: HON ) today announced that Terrence Hahn, President and CEO, Honeywell Transportation Systems, will be presenting at the Deutsche Bank … Read more on this. Honeywell International Inc. (HON) , valued at $80.89B, started trading this morning at $104.69. During the trading session, HON traded between $104.23 to $105.32 with a trailing 52-week range being $87.00 to $107.41. HON shares are currently priced at 16.82x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s 15.34x earnings multiple for the same period. The company pays shareholders $2.38 per share in dividend income per year, for a current yield of 2.34%. Consensus earnings for the current quarter by the 18 sell-side analysts covering the stock is an estimate of $1.59 per share, which would be $0.16 better than the year-ago quarter and a $0.06 sequential decrease. Furthermore, our analysis shows the full-year EPS estimate to be $6.10, which would be a $0.54 better when compared to the last year’s annual results. The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $9.99 Billion. If realized, that would be a 2.73% decrease over the year-ago quarter. Recently, UBS Initiated HON at Neutral (Jan 22, 2015). Previously, Stifel Nicolaus Initiated HON at to Buy. Given all the information above, we should disclose to readers that the average price target is $115.15, which is 9.99% above than it opened this morning. See more in (NYSE:HON) Similar Articles: Stock Update (NYSE:HON): Honeywell To Present At Morgan Stanley Laguna Conference Market Update (NYSE:HON): Honeywell To Present At Gabelli & Company Aircraft Supplier Conference Stock Update: Honeywell International Inc (NYSE:HON) – Honeywell Supports U.S. EPA’s Action To Drive Adoption Of Low-Global-Warming-Materials