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Market Update: Honeywell International Inc (NYSE:HON) – Get To Know Your Home And Health Better With The Honeywell Family Of Connected Products At CES 2016

[PR Newswire] – LAS VEGAS, Jan. 5, 2016 /PRNewswire/ — Connected home and health are set to be leading themes at the 2016 International Consumer Electronics Show (CES), and Honeywell (NYSE: HON) is sharing its latest ways to help consumers feel more comfortable and in control. With the ever-expanding Lyric™ family of connected products, and integrations such as Apple HomeKit™, Samsung SmartThings, and IFTTT, Honeywell’s legacy of home comfort, control, and security continues to grow across the globe. “When consumers think of a connected home, many things come to mind,” said Jeremy Eaton, president of Honeywell Connected Home. Read more on this. Honeywell International Inc. (HON) , currently valued at $79.37B, started trading this morning at $102.64. Looking at today’s trading action, the company’s one day range from $102.46 to $103.40 with a one year range of $87.00 to $107.41. Priced at 16.81x this year’s forecasted earnings, HON shares are relatively expensive compared to the industry’s 15.58x forward p/e ratio. And for income investors, the company pays shareholders $2.38 per share annually in dividends, yielding 2.30%. Consensus earnings for the current quarter by the 18 sell-side analysts covering the stock is an estimate of $1.59 per share, which would be $0.16 better than the year-ago quarter and a $0.05 sequential decrease. The full-year EPS estimate is $6.10 which would be a $0.54 better than last year’s full-year earnings. The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $9.99 Billion. If realized, that would be a 2.73% decrease over the year-ago quarter. Recently, UBS Initiated HON at Neutral (Jan 22, 2015). Previously, Stifel Nicolaus Initiated HON at to Buy. Given all the information above, we should disclose to readers that the average price target is $115.15, which is 12.19% above than it opened this morning. See more in (NYSE:HON) Similar Articles: Market Update: Honeywell International Inc (NYSE:HON) – Honeywell Completes Acquisition of Research Chemicals Business from Sigma-Aldrich Market Update: Honeywell International Inc (NYSE:HON) – Honeywell To Acquire COM DEV International’s Satellite Equipment Business Company Update: Honeywell International Inc (NYSE:HON) – Honeywell And Intel Demonstrate Prototype Of Wearable IoT Connected Safety Solution For Industrial Workers And First Responders
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