Stock Update: Honeywell International Inc (NYSE:HON) – WITH MULTIMEDIA — Honeywell UOP Technology Powering Commercial-Scale Biorefinery In California, Making Renewable Fuel A Commercial Reality

[PR Newswire] – DES PLAINES, Ill., March 18, 2016 /PRNewswire/ — Honeywell (NYSE: HON) UOP announced today its process technology is being used to produce commercial-scale amounts of renewable jet and diesel fuels. … Read more on this. Honeywell International Inc. (HON) , with a current value of $85.72B, started the session at $111.59. Shares have traded today between $110.98 and $112.00 per share with a one year range of $87.00 to $112.00. HON shares are currently priced at 16.44x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s 14.83x forward p/e ratio. The company pays shareholders $2.38 per share annually in dividends, yielding 2.19%. According to a consensus of 19 analysts, the earnings estimate of $1.50 per share would be $0.09 better than the year-ago quarter and a $0.01 sequential increase. What we find to be interesting is that the full-year EPS estimate of $6.61 is a $0.51 improvement when compared to the previous year’s annual results. The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $9.36 Billion. If realized, that would be a 1.63% increase over the year-ago quarter. In terms of ratings, 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 it is $117.35, which is 5.16% above where the stock opened. See more in (NYSE:HON) Similar Articles: Market Update: Honeywell International Inc (NYSE:HON) – United Airlines Begins Regular Commercial Flights Using Renewable Jet Fuel Made From Honeywell UOP Technology Market Update (NYSE:HON): Honeywell UOP Technology Powering Commercial-Scale Biorefinery In California, Making Renewable Fuel A Commercial Reality Stock Update: Honeywell International Inc (NYSE:HON) – Honeywell Develops Virtual Reality Technology for Future DARPA and U.S. Army Ground Vehicles