Stock Update: Honeywell International Inc (NYSE:HON) – Honeywell Develops Virtual Reality Technology for Future DARPA and U.S. Army Ground Vehicles

[PR Newswire] – PHOENIX, Feb. 11, 2016 /PRNewswire/ — Honeywell (HON) has signed an agreement with the Defense Advanced Research Projects Agency (DARPA) to provide the Ground X-Vehicle Technologies (GXV-T) program with a virtual reality instrument panel that replaces glass windows with display technology from Honeywell. As part of the GXV-T program’s goal to explore new vehicle technologies that could improve survivability, agility and mobility for the next generation of military ground vehicles (such as tanks, armored vehicles and more), this virtual reality instrument panel concept from Honeywell could provide drivers with an enhanced, clearer 360-degree view outside the vehicle. Read more on this. Honeywell International Inc. (HON) , valued at $77.55B, opened this morning at $100.41. Looking at today’s market, HON one day range is $99.93 to $102.06 with the price of the stock fluctuating between $87.00 to $107.41 over the last 52 weeks. Priced at 15.41x this year’s forecasted earnings, HON shares are relatively expensive compared to the industry ’s 13.83x forward p/e ratio. And for dividend hunters, the company pays shareholders $2.38 per share annually in dividends, yielding 2.33%. In a review of the consensus earnings estimate this quarter, 19 sell-side analysts are looking at $1.49 per share, which would be $0.08 better than the year-ago quarter and a $0.05 sequential decrease. The full-year EPS estimate is $6.59, which would be a $0.49 better than last year. The quarterly earnings estimate is predicated on a consensus revenue forecast of $9.35 Billion. If reported, that would be a 1.52% increase over the year-ago quarter. Recently, UBS Initiated HON at Neutral (Jan 22, 2015). Previously, Stifel Nicolaus Initiated HON at to Buy. The average price target for HON shares by the analysts covering the stock is $114.81, which is 14.34% above where the stock opened this morning. See more in (NYSE:HON) Similar Articles: Stock Update: Honeywell International Inc (NYSE:HON) – Honeywell Selected By Memphis Light, Gas And Water To Deploy Cutting-Edge Smart Grid Technology Market Update: Honeywell International Inc (NYSE:HON) – Honeywell UOP XCeed™ Technology To Help HollyFrontier Meet Stricter Wastewater Regulations Market Update: Honeywell International Inc (NYSE:HON) – U.S. Army Awards Honeywell $41 Million For APN-209 Radar Altimeter
Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.