Market Update (NYSE:HON): Home Comfort, Savings And Control Made Simple With Honeywell’s Second Generation Lyric Round™ Wi-Fi Thermostat

[PR Newswire] – MINNEAPOLIS, Feb. 18, 2016 /PRNewswire/ — Busy lives and the demands of ever-changing schedules have consumers clamoring for products to help them connect to** their homes and simplify their days. Honeywell … Read more on this. Honeywell International Inc. (HON) , with a current market cap of $81.84B, started trading this morning at $105.93. Shares have traded today between $105.73 and $107.06 per share with a one year range of $87.00 to $107.41. Honeywell (HON) shares are currently priced at 16.10x this year’s forecasted earnings, which makes them relatively expensive compared to the industry ’s 13.20x earnings multiple for the same period. And for dividend hunters, the company pays shareholders $2.38 per share annually in dividends, yielding 2.30%. Consensus earnings for the current quarter by the 19 sell-side analysts covering the stock is an estimate of $1.50 per share, which would be $0.09 better than the year-ago quarter and a $0.03 sequential decrease. Investors should also note that the full-year EPS estimate of $6.59 is a $0.49 better when compared to the previous year’s annual results. The quarterly earnings estimate is predicated on a consensus revenue forecast of $9.36 Billion. If reported, that would be a 1.63% increase over the year-ago quarter. In terms of ratings, UBS Initiated HON at Neutral (Jan 22, 2015). Previously, Stifel Nicolaus Initiated HON at to Buy. The average price target for HON shares by the analysts covering the stock is $114.81, which is 8.38% above where the stock opened this morning. See more in (NYSE:HON) Similar Articles: Market Update (NYSE:HON): Honeywell UOP Technology, Modular Equipment Powers New Clean Fuels Refinery In Pakistan 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 Market Update (NYSE:HON): Honeywell To Present At Gabelli & Company Aircraft Supplier Conference