Honeywell International (HON) issued an update on its FY13 earnings guidance on Friday morning. The company provided earnings per share (EPS) guidance of $4.75-4.95 for the period, compared to the Thomson Reuters consensus estimate of $4.93. The company issued revenue guidance of $39.0-39.5 billion, compared to the consensus revenue estimate of $39.36 billion.Honeywell International also updated its Q1 guidance to $1.10-1.15 EPS.
Shares of Honeywell International (HON) opened at 68.24 on Friday. Honeywell International (HON) has a one year low of $52.21 and a one 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 P/E ratio of 22.77. Honeywell International last posted its quarterly earnings results on Friday, January 25th. The company reported $1.05 EPS for the quarter, missing the Thomson Reuters 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 has set its Q1 guidance at $1.10-1.15 EPS and its FY13 guidance at $4.75-4.95 EPS. Analysts expect that Honeywell International (HON) will post $4.48 EPS for the current fiscal year.
HON has been the subject of a number of recent research reports. 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 a related note, 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 investment analysts have rated the stock with a buy rating, two have issued an overweight rating, and seven have given a hold rating to the company?s stock. The stock currently has a consensus rating of overweight and an average price target of $72.26.
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.