Honeywell International Inc. (HON): Today's Featured Aerospace/Defense Loser
(
) pushed the Aerospace/Defense industry lower today making it today's featured Aerospace/Defense loser. The industry as a whole closed the day down 1%. By the end of trading, Honeywell International fell $1 (-1.8%) to $56.20 on average volume. Throughout the day, 3.5 million shares of Honeywell International exchanged hands as compared to its average daily volume of 3.8 million shares. The stock ranged in price between $56.10-$56.72 after having opened the day at $56.72 as compared to the previous trading day's close of $57.20. Other company's within the Aerospace/Defense industry that declined today were:
Smith & Wesson Holding Corporation
(
), down 3.1%,
(
), down 3%,
(
), down 2.6%, and
TheStreet Recommends
(
), down 2.6%.
Honeywell International Inc. operates as a diversified technology and manufacturing company worldwide. Honeywell International has a market cap of $44.22 billion and is part of the
sector. The company has a P/E ratio of 22.4, above the average aerospace/defense industry P/E ratio of 20.4 and above the S&P 500 P/E ratio of 17.7. Shares are up 5.2% year to date as of the close of trading on Tuesday. Currently there are 13 analysts that rate Honeywell International a buy, no analysts rate it a sell, and five rate it a hold.
TheStreet Ratings rates Honeywell International as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in net income, good cash flow from operations, growth in earnings per share and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows low profit margins.
- You can view the full Honeywell International Ratings Report.
- Use our aerospace/defense section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the aerospace/defense industry could consider
iShares DJ US Aerospace & Def Idx
(
) while those bearish on the aerospace/defense industry could consider
(
).
- Find other investment ideas from our top rated ETFs lists.
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