Stock Update: Honeywell International Inc (NYSE:HON) – Honeywell to Present at Cowen and Company Aerospace/Defense Conference & Transport One-on-One Forum

[PR Newswire] – MORRIS PLAINS, N.J., Jan. 15, 2016 /PRNewswire/ — Honeywell ( NYSE: HON ) today announced that Roger Fradin, Vice Chairman of Honeywell, will be presenting at the Cowen and Company Aerospace/Defense Conference … Read more on this. Honeywell International Inc. (HON) , with a current market cap of $74.96B, began trading this morning at $96.31. Looking at today’s trading action, the company’s one day range from $95.90 to $97.59 with a trailing 52-week range being $87.00 to $107.41. HON shares are currently priced at 15.92x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s 15.27x forward p/e ratio. The company pays shareholders $2.38 per share in dividend income per year, for a current yield of 2.42%. 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 $0.04 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 predicated on a consensus revenue forecast of $9.99 Billion. If reported, that would be a 2.73% decrease 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 the stock is under or overvalued, the average price target is $114.90, which is 19.30% above where the stock opened this morning. See more in (NYSE:HON) Similar Articles: Stock Update: Honeywell International Inc (NYSE:HON) – Honeywell To Present At Deutsche Bank Global Auto Industry Conference Stock Update (NYSE:HON): Honeywell To Present At Morgan Stanley Laguna Conference Market Update (NYSE:HON): Honeywell To Present At Gabelli & Company Aircraft Supplier Conference