Honeywell International Inc (HON)

HON (NYSE:Industrial) EQUITY
pos +2.60
Today's Range: 112.38 - 114.10 | HON Avg Daily Volume: 2,584,400
Last Update: 06/28/16 - 4:02 PM EDT
Volume: 3,635,525
YTD Performance: 7.62%
Open: $113.32
Previous Close: $111.46
52 Week Range: $87.00 - $116.56
Oustanding Shares: 762,115,463
Market Cap: 86,103,805,010
6-Month Chart
TheStreet Ratings Grade for HON
Buy Hold Sell
A+ A A- B+ B B- C+ C C- D+ D D- E+ E E- F
TheStreet Ratings is the source for accurate ratings that you can rely upon to make sound, informed financial decisions. Click here to find out about our methodology.
Analysts Ratings
Historical Rec Current 1 Mo. Ago 2 Mo. Ago 3 Mo. Ago
Strong Buy 11 11 11 11
Moderate Buy 2 2 2 2
Hold 2 1 1 1
Moderate Sell 0 0 0 0
Strong Sell 0 0 0 0
Mean Rec. 1.37 1.25 1.25 1.25
Latest Dividend: 0.60
Latest Dividend Yield: 2.11%
Dividend Ex-Date: 05/17/16
Price Earnings Ratio: 18.13
Price Earnings Comparisons:
HON Sector Avg. S&P 500
18.13 18.40 12.90
Price Performance History (%Change):
3 Mo 1 Yr 3 Y
0.13% 7.65% 38.98%
Revenue -4.30 0.00 0.01
Net Income 12.00 0.70 0.18
EPS 13.30 0.60 0.18
Earnings for HON:
Revenue 38.58B
Average Earnings Estimates
Qtr (06/16) Qtr (09/16) FY (12/16) FY (12/17)
Average Estimate $1.64 $1.72 $6.66 $7.22
Number of Analysts 9 7 12 11
High Estimate $1.65 $1.75 $6.70 $7.48
Low Estimate $1.61 $1.65 $6.60 $7.00
Prior Year $1.51 $1.57 $6.10 $6.66
Growth Rate (Year over Year) 8.46% 9.28% 9.21% 8.39%
Chart Benchmark
Average Frequency Timeframe
Indicator Chart Scale  
Symbol Comparison Bollinger Bands

My Takeaways and Observations Real Money Pro($)

The U.S. dollar was quite strong, gaining a penny against the euro. A crude-centric stock market today. Crude oil stirred the market's drink with gains, spurred on by a rise of $1.84 per barrel to $31.43. Gold got hit by profit taking, selling off by almost $22 an ounce to $1,209. I was setting up for a buy near the bottom a month ago, but blew it as I couldn't process my analysis quick enough. Damn it! Silver lost 19 cents. Bond yields rose by about one to two basis points. The yield curve continued to flatten. Municipals were sold and closed-end muni bond funds got hit with profit taking after a reasonable run. High yield continues to show life; I like credit here. iShares iBoxx $ High Yield Corporate Bond ETF (HYG) was up 67 cents and SPDR Barclays High Yield Bond ETF (JNK) was up 32 cents. Blackstone/GSO Strategic Credit Fund (BGB) inched up a nickel. It was ex-dividend on Friday. Banks were up nicely, with nice gains for Comerica (CMA), up 3.6%, and Wells Fargo (WFC), up 2%. Every holding (12 in total) was up on the day despite the low absolute level of 10-year U.S. note yields and the flattening yield curve. It was a tale of two cities for biotech, which generally underperformed.  Valeant Phamaceuticals (VRX) continued to get schmeissed after last week's brokerage downgrade, while Allergan (AGN) was up $10 on better results and guidance. Bill Ackman and John Paulson lost $450 million on VRX today. Life insurance continued its bounce from depressed levels of a week ago. Berkshire Hathaway (BRK.B) is back in my shorting zone. I remain long Hartford Financial Services Group (HIG), which is inching higher. My Biotech Basket excelled, with $1-plus upward moves in Celgene (CELG), Gilead Sciences (GILD) and Sage Therapeutics (SAGE). Retail was a high point, continuing last week's run higher.  Macy's (M), Best Buy (BBY) and Bed, Bath and Beyond (BBBY) had gains of more than 2%. Old tech was led by Microsoft (MSFT). Consumer staples were modestly higher, but underperformed as our currency strengthened. (T)FANG was the world's fair; all five components pushed forward. NOSH was tasty for the fourth day in a row. Starbucks (SBUX) is back into my shorting zone as well. CRABBY's six components were positive on the day.  United Technologies (UTX)/Honeywell (HON), the continuing saga (initiated by Honeywell). This started nearly 12 months ago. Apple (AAPL) was conspicuously weak. "Chief" Jay Somaney reports that  SMBC Nikko analyst Yukihiko Shimada cut his 2016 estimate for iPhone demand to 190 million units from 220 million. My "long" Trade of the Week was ProShares Ultrashort S&P500 ETF (SDS) -- a push today from my cost basis (I was a scale buyer, lower). I added to some long laggards Good stuff on Real Money Pro today from: Timothy "Not Phil or Judy" Collins, "A Painful Lesson on Short Puts"  I would add that I had three friends go bankrupt in the October 1987 crash when they adopted a strategy of shorting index puts. Read Tim, twice! Jeremy Lakosh's "Get Your Kicks with Philipps 66" goes Nat King Cole on us!  Ben "Chris" Cross discusses "Gold is Such a Momentum Trade Right Now"  RevShark on "

Intermediate Trade: Honeywell Real Money Pro($)

Try a call spread or a call butterfly to take a position on this beautifully boring name.
We had been in freefall and that's no longer the case, and we've also got something to build upon.
Feb 04, 2016 | 6:32 AM EST
Cowen Aerospace/Defense Conference & Transport One-on-One Forum (Day 2 of 2) - 02/03/16 - 02/04/16 New York, NY
Utilities, tobacco and staples are doing incredibly well.
Strong growth in construction and health care jobs bodes well for General Electric's revamped business model.
And unfortunately there won't be many more like them.

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