Honeywell International Inc. (HON) Stock Falls Amid Market Uptick: What Investors Need to Know

Honeywell International Inc. (HON) closed at $223.90 in the latest trading session, marking a -1.71% move from the prior day. This move lagged the S&P 500's daily gain of 0.79%. Meanwhile, the Dow gained 0.26%, and the Nasdaq, a tech-heavy index, added 1.52%.

The company's shares have seen a decrease of 51.85% over the last month, not keeping up with the Conglomerates sector's loss of 0.25% and the S&P 500's loss of 1.82%.

The upcoming earnings release of Honeywell International Inc. will be of great interest to investors. The company's earnings report is expected on July 23, 2026. The company is forecasted to report an EPS of $4.84, showcasing a 76% upward movement from the corresponding quarter of the prior year. Meanwhile, the latest consensus estimate predicts the revenue to be $9.56 billion, indicating a 7.66% decrease compared to the same quarter of the previous year.

Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $21.07 per share and revenue of $39.35 billion, indicating changes of +115.44% and -2.46%, respectively, compared to the previous year.

Investors should also note any recent changes to analyst estimates for Honeywell International Inc. These recent revisions tend to reflect the evolving nature of short-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.

Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.

The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 0.07% higher. Honeywell International Inc. is currently sporting a Zacks Rank of #3 (Hold).

Valuation is also important, so investors should note that Honeywell International Inc. has a Forward P/E ratio of 10.81 right now. This expresses a discount compared to the average Forward P/E of 12.07 of its industry.

We can additionally observe that HON currently boasts a PEG ratio of 1.63. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. As of the close of trade yesterday, the Diversified Operations industry held an average PEG ratio of 1.44.

Story Continues

The Diversified Operations industry is part of the Conglomerates sector. This group has a Zacks Industry Rank of 106, putting it in the top 44% of all 250+ industries.

The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

You can find more information on all of these metrics, and much more, on Zacks.com.

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This article originally published on Zacks Investment Research (zacks.com).

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