Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model
NEW YORK (
) hit a new 52-week high Friday as it is currently trading at $62.40, above its previous 52-week high of $62 with 2.5 million shares traded as of 10:30 a.m. ET. Average volume has been three million shares over the past 30 days.
Honeywell International has a market cap of $48.31 billion and is part of the industrial goods sector and aerospace/defense industry. Shares are up 13% year to date as of the close of trading on Thursday.
Honeywell International Inc. operates as a diversified technology and manufacturing company worldwide. The company has a P/E ratio of 23.1, above the average aerospace/defense industry P/E ratio of 21.3 and above the S&P 500 P/E ratio of 17.7.
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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, largely solid financial position with reasonable debt levels by most measures, solid stock price performance and growth in earnings per share. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full
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