Company Update (NYSE:HON): Honeywell And Palo Alto Networks Team To Protect Industrial Control Systems From Cyber Attacks

[PR Newswire] – HOUSTON, Feb. 23, 2016 /PRNewswire/ — Honeywell (NYSE: HON) Process Solutions (HPS) and Palo Alto Networks ® (NYSE: PANW) are collaborating to boost the cyber security capabilities of control systems … Read more on this. Honeywell International Inc. (HON) , valued at $79.59B, began trading this morning at $104.31. Shares have traded today between $103.23 and $105.80 per share with a trailing 52-week range being $87.00 to $111.86. HON shares are currently priced at 15.96x this year’s forecasted earnings, which makes them relatively expensive compared to the industry ’s 13.20x forward p/e ratio. The company pays shareholders $2.38 per share in dividend income per year, for a current yield of 2.22%. In a review of the consensus earnings estimate this quarter, 19 sell-side analysts are looking at $1.50 per share, which would be $0.09 better than the year-ago quarter and a $0.03 sequential decrease. What we find to be interesting is that the full-year EPS estimate of $6.59 is a $0.49 improvement 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. When considering if perhaps the stock is under or overvalued, the average price target is $115.29, which is 10.53% above where the stock opened this morning. See more in (NYSE:HON) Similar Articles: Market Update: Honeywell International Inc (NYSE:HON) – Honeywell Completes Acquisition Of COM DEV International’s Space Hardware And Systems Business Stock Update: Honeywell International Inc (NYSE:HON) – Honeywell to Present at Cowen and Company Aerospace/Defense Conference & Transport One-on-One Forum Company Update: Honeywell International Inc (NYSE:HON) – Honeywell And Intel Demonstrate Prototype Of Wearable IoT Connected Safety Solution For Industrial Workers And First Responders