Honeywell International Inc. (HON) closed at $201.09 in the latest trading session, marking a +2.66% move from the prior day. The stock's change was more than the S&P 500's daily gain of 0.64%. At the same time, the Dow added 1.23%, and the tech-heavy Nasdaq gained 0.69%.
The company's stock has climbed by 2.38% in the past month, exceeding the Conglomerates sector's loss of 1.41% and the S&P 500's gain of 0.55%.
The investment community will be closely monitoring the performance of Honeywell International Inc. in its forthcoming earnings report. The company is scheduled to release its earnings on January 29, 2026. The company is predicted to post an EPS of $2.57, indicating a 4.05% growth compared to the equivalent quarter last year. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $10.2 billion, up 1.11% from the year-ago period.
For the full year, the Zacks Consensus Estimates are projecting earnings of $10.64 per share and revenue of $40.77 billion, which would represent changes of +7.58% and 0%, respectively, from the prior year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Honeywell International Inc. These revisions help to show the ever-changing nature of near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 0.19% increase. Honeywell International Inc. is currently sporting a Zacks Rank of #3 (Hold).
From a valuation perspective, Honeywell International Inc. is currently exchanging hands at a Forward P/E ratio of 18.48. This represents a premium compared to its industry average Forward P/E of 14.63.
Investors should also note that HON has a PEG ratio of 2.63 right now. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. Diversified Operations stocks are, on average, holding a PEG ratio of 1.62 based on yesterday's closing prices.
The Diversified Operations industry is part of the Conglomerates sector. This industry currently has a Zacks Industry Rank of 176, which puts it in the bottom 29% of all 250+ industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.
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Honeywell International Inc. (HON): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
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