Honeywell International Inc. (HON) Net income fell to 6.58 billion: Growth Analysis

Honeywell International Inc. (HON) is owned by a number of high-value investors. Its largest direct holder is Timothy O. Mahoney President and Chief Executive Officer, Aerospace with 186,420 shares. The second-largest direct holder is Mark R. James Senior Vice President Human Resources, Security and Communications, with 161,975 shares of the company’s stock. In third place with 75,521 shares of HON is Darius Adamczyk Chairman of the Board, President and Chief Executive Officer.

Now turning to institutional ownership of Honeywell International Inc. (HON), VANGUARD GROUP INC is the top holder with 54.1 million shares. The next largest fund holder of this company’s stock is BLACKROCK INC. with 44.95 million shares. In the third-place spot with 29.44 million shares is STATE STREET CORP.

This company’s stock price was $164.62 at the previous market close, with its latest volume reaching 3,025,057. Compare that to its average daily volume of 2.32M. Given the fact that this stock has 748.98M shares outstanding, its current market value is sitting at $123.30B. This publicly-traded stock’s 60-month Beta is 1.11. Its Price to Sales ratio is 3.19, its Price to Cash Flow ratio is 12.40, and its Price to Book ratio is 6.66.

HON stock has achieved a 5-day range of $154.91 to $165.64, with a total performance of +5.20% during that period. Meanwhile, in the past month of trading, this stock has traded in the range of $154.91 to $173.98, generating a -5.34% change during the period. In the past three months, this stock’s price has changed by -0.50%, trading in the range of $154.91 to $178.47.

In the past 5 days, shares of HON have made a new high 5 times. In the last month, it has made a new high 1 time, and in the past 3 months, it has made a new high 11 times.

Now let’s turn to this public company’s earnings. For the quarter ending Jun-19, the earnings per share (EPS) was reported at $2.10. This is a 0.02 difference compared to the consensus estimate of 2.08, amounting to an earnings surprise of 0.84%. In the previous quarter, which ended in Mar-19, the consensus estimate was 1.83, making for an earnings surprise of 4.69. For the quarter ending Dec-18, EPS was reported at $1.91, generating a 1.14% earnings surprise.

The Net Income for the most recent full fiscal year, which ended in 12-2018, was $6.76 billion. This is compared to the prior year, where Net Income was $1.54 billion. Meanwhile, this company’s Operating Cash Flow was $6.43 billion for the year, compared to $5.97 billion in 2017. Capital Expenditures for the year were reportedly -$828.0 million, compared to -$1.03 billion, and Free Cash flow was $5.61 billion compared to the prior year’s $4.93 billion.

Honeywell International Inc. (HON) stock currently has a Financial Strength score of 6.2/10. This is due to a combination of factors, including a Cash to Debt ratio of 0.61, an Equity to Asset ratio of 0.31, a Debt to Equity ratio of 0.91 and a Debt to EBITDA of 1.83. The Interest Coverage of this stock is 18.40, its Piotroski F-Score is 6, its Altman Z-Score is 3.85 and its Beneish M-Score is -2.64.

This publicly-traded company’s Profitability and Growth score is 8/10, thanks to a combination of things: an Operating Margin of 17.11, a Net Margin of 18.17, a ROE of 38.70, and a ROC of 112.20. Similarly, this company’s 3-Year Total Revenue Growth Rate is 2.70, its 3-Year Total EBITDA Growth Rate is 4.90, and its 3-Year EPS w/o NRI Growth Rate is 14.10.

Shifting focus now to Valuation and Return for HON, this company’s Price to Projected FCF is 2.06, its Price to DCF (Earnings Based) is 1.28, and its Price to Median PS Value is 1.80. Price to Peter Lynch Fair Value for HON is now 2.63. Meanwhile, its Earnings Yield (Joel Greenblatt) is 6.22 and its Forward Rate of Return (Yactman) is 10.45.

Certain ratios provide helpful insights into how a stock is performing. The Quick Ratio for HON is sitting at 0.96, while its Current Ratio is 1.19 and its PEG Ratio is 2.49. This stock’s PB Ratio is 6.72, its PS Ratio is 3.16, its PE Ratio (TTM) is 17.44, its Forward PE Ratio is 20.58, and its PE Ratio without NRI is 17.44. Similarly, its Shiller PE Ratio is 32.37, its Price to Owner Earnings is 18.82, its Price to Free Cash Flow is 22.43 and its Price to Operating Cash Flow is 19.56.