The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for Honeywell International Inc. (HON) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$0.01, or -0.01%, to $184.11. The Honeywell International Inc. has recorded 241,592 volume in the after hours trading session. Yahoo Finance discussed the stock recently as it posted HONEYWELL LEVERAGES QUANTUM COMPUTING ENCRYPTION KEYS TO BOLSTER UTILITIES’ DATA SECURITY AGAINST CYBER THREATS.
Honeywell International Inc. is listed on the NASDAQ as a member of the Industrials sector and is a part of the Conglomerates industry. At the end of the last regular session, the stock closed at $184.12 and fluctuated between $185.80 as its day high and $183.23 as its day low. The current market capitalization of Honeywell International Inc. is $121.96B. A total of 2.09 million shares were traded on the day, compared to an average of 2.62M shares.
Additionally, investors take into account insider trades when predicting how a stock will perform. During the recent three months, HON has seen 9 BUY and 9 SELL insider trades, representing the acquisition of 36,508 and the disposition of 16,229 shares. Over the last 12 months, there were 53 BUYs and 48 SELLs from insiders. Insiders purchased 397,404 shares during that period but sold 307,122.
In the most recent transaction, Kapur Vimal sold 6,500 shares of HON for 197.46 per share on May 08. After the transaction, the President & COO now owns 8,622 company shares. In a previous transaction on Nov 18, Koutsaftes George sold 5,420 shares at 214.17 per share. HON shares that President and CEO, SPS owns now total 7,343.
Among the insiders who sold shares, Adamczyk Darius disposed of 40,520 shares on Nov 08 at a per-share price of $211.20. This resulted in the Chairman and CEO holding 170,881 shares of HON after the transaction. In another insider transaction, Kapur Vimal sold 7,500 shares at $207.46 per share on Nov 07. Company shares held by the President & COO now total 13,896.
It is more appealing for investors to invest in companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook for the company. Honeywell International Inc. pays an annual dividend of $4.12, resulting in a dividend yield of 2.24%, and it has a price to earnings (P/E) ratio of 22.79. HON’s most recent ex-dividend date was 8/10/2023 when it declared a $1.03 quarterly dividend that was paid in cash on 9/1/2023. Previously, the company paid the dividend on 6/2/2023 with an ex-dividend date of 5/11/2023. The HON stock dividend was $1.03 per share in cash.
Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. According to analysts who have offered 12-month price targets for HON in the last 3 months, the mean price target is $220.09 with high estimates of $265.00 and low estimates of $180.00. In terms of 52-week highs and lows, HON has a high of $220.96 and a low of $166.63.
As of this writing, HON has an earnings estimate of $2.23 per share for the current quarter. EPS was calculated based on a consensus of 18 estimates, with a high estimate of $2.26 per share and a lower estimate of $2.2. The company reported an EPS of $2.07 in the last quarter, which was 7.30% higher than expectations of $1.93.
Balance Sheet Annually/Quarterly
A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information. HON’s latest balance sheet shows that the firm has $11.52B in Cash & Short Term Investments as of fiscal 2021. There were $19.60B in debt and $19.51B in liabilities at the time. Its Book Value Per Share was $26.00, while its Total Shareholder’s Equity was $19.25B.
It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for HON is Buy with a score of 4.07.