Honeywell International (NYSE:HON) issued an update on its FY 2019 earnings guidance on Thursday morning. The company provided EPS guidance of $7.90-8.15 for the period, compared to the Thomson Reuters consensus EPS estimate of $7.98. The company issued revenue guidance of $36.5-37.2 billion, compared to the consensus revenue estimate of $36.84 billion.Honeywell International also updated its FY19 guidance to $7.90-8.15 EPS.

Shares of NYSE HON opened at $169.06 on Friday. Honeywell International has a fifty-two week low of $123.48 and a fifty-two week high of $169.86. The company has a current ratio of 1.29, a quick ratio of 1.06 and a debt-to-equity ratio of 0.53. The stock has a market cap of $123.14 billion, a P/E ratio of 21.11, a P/E/G ratio of 2.28 and a beta of 1.10.

Honeywell International (NYSE:HON) last issued its quarterly earnings data on Thursday, April 18th. The conglomerate reported $1.92 earnings per share for the quarter, beating analysts’ consensus estimates of $1.83 by $0.09. Honeywell International had a net margin of 16.18% and a return on equity of 33.36%. The business had revenue of $8.88 billion for the quarter, compared to analysts’ expectations of $8.63 billion. During the same period in the previous year, the business earned $1.95 earnings per share. The company’s revenue was down 14.5% on a year-over-year basis. As a group, analysts predict that Honeywell International will post 7.95 earnings per share for the current fiscal year.

Several equities research analysts have commented on HON shares. Zacks Investment Research cut shares of Honeywell International from a buy rating to a hold rating in a research report on Tuesday, April 9th. Deutsche Bank boosted their price target on shares of Honeywell International to $160.00 and gave the stock a buy rating in a research report on Monday, February 4th. Royal Bank of Canada upgraded shares of Honeywell International from a sector perform rating to an outperform rating and set a $148.00 price target on the stock in a research report on Thursday, January 3rd. UBS Group reiterated a top pick rating on shares of Honeywell International in a research report on Thursday, January 10th. Finally, CIBC reiterated a market perform rating on shares of Honeywell International in a research report on Tuesday, January 8th. Five equities research analysts have rated the stock with a hold rating, fourteen have issued a buy rating and one has assigned a strong buy rating to the stock. The company has an average rating of Buy and a consensus target price of $169.32.

In related news, Director Linnet F. Deily sold 4,234 shares of Honeywell International stock in a transaction dated Wednesday, February 6th. The stock was sold at an average price of $148.75, for a total value of $629,807.50. Following the transaction, the director now owns 11,369 shares of the company’s stock, valued at approximately $1,691,138.75. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Timothy O. Mahoney sold 73,352 shares of Honeywell International stock in a transaction dated Tuesday, March 5th. The stock was sold at an average price of $154.30, for a total value of $11,318,213.60. Following the completion of the transaction, the insider now directly owns 305,505 shares in the company, valued at approximately $47,139,421.50. The disclosure for this sale can be found here. Company insiders own 0.73% of the company’s stock.

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About Honeywell International

Honeywell International Inc operates as a diversified technology and manufacturing company worldwide. Its Aerospace segment supplies products, software, and services for aircrafts and vehicles. This segment offers auxiliary power units, propulsion engines, integrated avionics, environmental control and electric power systems, engine controls, flight safety, communications, navigation hardware, data and software applications, radar and surveillance systems, aircraft lighting, advanced systems and instruments, satellite and space components, and aircraft wheels and brakes; spare parts; repair, overhaul, and maintenance services; and connected solutions and data services for the aftermarket, as well as provides wireless connectivity and management and technical services.

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Earnings History and Estimates for Honeywell International (NYSE:HON)

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