Why Honeywell International Inc. (HON) Dipped More Than Broader Market Today

In the latest close session, Honeywell International Inc. (HON) was down 2.68% at $204.23. The stock trailed the S&P 500, which registered a daily loss of 0.28%. On the other hand, the Dow registered a loss of 0.52%, and the technology-centric Nasdaq decreased by 0.08%. Coming into today, shares of the company had lost 0.87% in the past month. In that same time, the Conglomerates sector lost 9.7%, while the S&P 500 gained 4.03%. Investors will be eagerly watching for the performance of Honeywell International Inc. in its upcoming earnings disclosure. The company's earnings report is set to be unveiled on October 23, 2025. In that report, analysts expect Honeywell International Inc. to post earnings of $2.56 per share. This would mark a year-over-year decline of 0.78%. Simultaneously, our latest consensus estimate expects the revenue to be $10.06 billion, showing a 3.43% escalation compared to the year-ago quarter. For the full year, the Zacks Consensus Estimates are projecting earnings of $10.52 per share and revenue of $40.78 billion, which would represent changes of +6.37% and +5.92%, respectively, from the prior year. It is also important to note the recent changes to analyst estimates for Honeywell International Inc. Recent revisions tend to reflect the latest near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits. Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable 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. Within the past 30 days, our consensus EPS projection has moved 0.1% higher. Honeywell International Inc. is holding a Zacks Rank of #2 (Buy) right now. With respect to valuation, Honeywell International Inc. is currently being traded at a Forward P/E ratio of 19.95. This represents a premium compared to its industry average Forward P/E of 18.51. It's also important to note that HON currently trades at a PEG ratio of 2.36. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. The Diversified Operations industry had an average PEG ratio of 1.77 as trading concluded yesterday. The Diversified Operations industry is part of the Conglomerates sector. This industry currently has a Zacks Industry Rank of 68, which puts it in the top 28% 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. Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions. Quantum Computing Stocks Set To SoarArtificial intelligence has already reshaped the investment landscape, and its convergence with quantum computing could lead to the most significant wealth-building opportunities of our time.Today, you have a chance to position your portfolio at the forefront of this technological revolution. In our urgent special report, Beyond AI: The Quantum Leap in Computing Power, you'll discover the little-known stocks we believe will win the quantum computing race and deliver massive gains to early investors.Access the Report Free Now >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Honeywell International Inc. (HON): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks