Honeywell International (NYSE: HON) released its earnings data on Friday. The company reported $1.05 earnings per share for the quarter, missing the analysts? consensus estimate of $1.09 by $0.04. The company had revenue of $9.47 billion for the quarter, compared to the consensus estimate of $9.52 billion. During the same quarter in the prior year, the company posted $1.05 earnings per share. The company?s quarterly revenue was up 1.1% on a year-over-year basis. Honeywell International updated its Q1 guidance to $1.10-1.15 EPS and its FY13 guidance to $4.75-4.95 EPS.
A number of analysts have recently weighed in on HON shares. Analysts at Jefferies Group reiterated a ?buy? rating on shares of Honeywell International in a research note to investors on Wednesday, January 16th. They now have a $72.00 price target on the stock. On the ratings front, analysts at Zacks reiterated a ?neutral? rating on shares of Honeywell International in a research note to investors on Thursday, January 10th. They now have a $70.00 price target on the stock. Finally, analysts at Deutsche Bank raised their price target on shares of Honeywell International from $72.00 to $74.00 in a research note to investors on Monday, January 7th. They now have a ?buy? rating on the stock.
Sixteen analysts have rated the stock with a buy rating, two have assigned an overweight rating, and seven have issued a hold rating to the company?s stock. The company has an average rating of ?overweight? and an average target price of $72.26.
Honeywell International (HON) opened at 68.24 on Friday. Honeywell International (HON) has a 1-year low of $52.21 and a 1-year high of $69.21. The stock?s 50-day moving average is currently $64.71. The company has a market cap of $53.457 billion and a price-to-earnings ratio of 22.77. Honeywell International Inc. (Honeywell) is a diversified technology and manufacturing company, serving customers worldwide with aerospace products and services, control, sensing and security technologies for buildings, homes and industry, turbochargers, automotive products, specialty chemicals, electronic and advanced materials, process technology for refining and petrochemicals, and energy efficient products and solutions for homes, business and transportation.