Is it Time to Sell/Buy Honeywell International Inc. (HON) Stock After Recent Trade?

RBC Capital Mkts announced it was Downgrade coverage of Honeywell International Inc. in a research note on August 11, 2020. The analysts assigned a Sector perform rating to the stock with a price target of $158. HSBC Securities rated the stock as a Buy in a research noted published on May 21, 2020. Deutsche Bank rated the stock as a Hold in a research note published on May 04, 2020.

Adamczyk Darius, the Chairman and CEO of Honeywell International Inc., sold 20000.0 shares at the valuation of $163.95 during an exchange that occurred on Sep 28, which implies that Adamczyk Darius is holding 118,065 shares at the estimation of $3,279,000.

In another transaction, on Feb 18, Director of Honeywell International Inc., Deily Linnet F, sold 2003.0 shares at the price of $179.01. After this activity, Deily Linnet F now keeps 6,045 shares of Honeywell International Inc., esteemed at $358,557.

HON Recent Trade

The share price of HON descended by -$0.13 during the exchanging session on 09/29/20 to exchange at $164.51. Honeywell International Inc. stock has an exchanging volume of 2.19 million shares, which is low, contrasted with its 3-months average volume of 3.24M shares. Its market capitalization has now reached to $113.50B and analysts have a consensus target price of $157.85 in the 12-month period.

HON Past Trading Activity

The market tends to become urbane often, in any event, for prepared investors and traders. In any event, when a merchant got what he/she had expected, the market occasionally chooses to move the other way. This instability leads a few traders questioning and re-thinking their moves. This is the reason becoming acquainted with past price performance, just as both long and short time period, is significant. If we look the past performance, during the last one week, HON price has rose by 1.12%. In the course of past three months sees the stock go up around 13.78%, while it has gain 22.96% over the past six months and -7.06% since the start of the year.

HON Earning History

Earnings per share are the amount of profit that a company produces during a specific period, which is usually defined as a quarter (three calendar months) or a year. In recent quarter of (Sep 2020), the firm recorded a revenue of 7.48 billion, which was lesser than the gauge of 7.63B made by certain experts. For that equivalent quarter, Honeywell International Inc. posted $1.26 earnings per share (EPS) which was above the consensus estimate of $1.21 by $0.05, which represents to an expansion by 4.10%.

HON Price Performance

Let us presently take a gander at a portion of its probable help and opposition resistance. Late research on Honeywell International Inc. has seen its stock exchanging -5.36% underneath its three-month high price. A glance at the opposite side additionally observes stock exchanging +16.76% above its three-month low. A more extensive look sees HON exchanging -10.62% beneath its 52-week high and 62.75% above from its 52-week low price.

HON Instability & Beta Factor

The Volatility of a stock means that the stock’s drop or increase in the event that the more extensive market drops or rushes. A beta score higher than 1 implies that a stock is profoundly unpredictable while underneath 1 implies that the Volatility of a stock is low. If we look trading Volatility. Its 7-day Volatility is around 2.61%, while it has a month to month instability of 2.47%. The company has an ATR (Average True Range) of 4.21 and a beta factor of 1.02.

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