MMM or HON: Which Is the Better Value Stock Right Now? September 14, 2023

Honeywell Building Technologies delivers software applications for building control and optimization, including energy management, access control, video surveillance, and fire products. The company’s offerings help customers achieve energy efficiency, operational optimization, and enhanced building safety and security. 12 Wall Street analysts have issued “buy,” “hold,” and “sell” ratings for Honeywell International in the last year. There are currently 1 sell rating, 6 hold ratings and 5 buy ratings for the stock.

You will find other valuable comparisons for companies across industries at Peer Comparisons. Honeywell is a multinational company operating in multiple sectors and must navigate regulatory complexities and compliance requirements. Changes in government policies, environmental regulations, and trade agreements can influence the company’s operations and profitability. Our experts picked 7 Zacks Rank #1 Strong Buy stocks with the best chance to skyrocket within the next days.

The quarterly cash dividend was payable on September 1, 2023 to stockholders of record on August 10, 2023. Industrial conglomerate Honeywell International Inc posted a better-than-expected quarterly profit and slightly raised its full-year forecasts on Thursday, on strong performance in its aviation busine… In the wake of China’s weaker than expected economic data, Jim Cramer told investors which stocks to watch. Honeywell will provide the largest lithium iron phosphate battery gigafactory in the U.S. with central controls and digital visualization to increase operational efficiency, enhance safety and drive m… Zacks Earnings ESP (Expected Surprise Prediction) looks to find companies that have recently seen positive earnings estimate revision activity. The idea is that more recent information is, generally speaking, more accurate and can be a better predictor of the future, which can give investors an advantage in earnings season.

Honeywell CEO Darius Adamczyk joins ‘Squawk on the Street’ to discuss Honeywell’s quarterly earnings results, Kapur’s guidance amid the macroeconomic landscape, and how strong the aerospace industry i… The technique has proven to be very useful for finding positive surprises. You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities. Style is an investment factor that has a meaningful impact on investment risk and returns.

Analyst Ratings

Style is calculated by combining value and growth scores, which are first individually calculated. Honeywell International issued an update on its FY 2023 earnings guidance on Saturday, August, 5th. The company provided earnings per share (EPS) guidance of $9.60-$9.80 for the period, compared to the consensus estimate of $9.17.

Identifying and managing these risks is crucial for sustained success in a dynamic business environment. Honeywell’s extensive portfolio and technological expertise contribute to its competitive advantages within these industries. The company’s long-standing reputation, global presence, and commitment to innovation position it favorably relative to its peers. Honeywell Intl’s Q3 earnings are confirmed for Thursday, October 26, 2023. Get stock recommendations, portfolio guidance, and more from The Motley Fool’s premium services.

Which Is A Better Pick – Honeywell Or 3M Stock?

The company’s energy management systems, controls, and software applications are well-positioned to meet the demand for efficient and environmentally friendly buildings. These offerings enhance workplace safety, productivity, and operational efficiency for customers. Honeywell’s performance materials and technologies segment presents growth opportunities across the automotive, electronics, and pharmaceutical industries. The company’s automation control, catalysts, and advanced materials cater to these sectors’ evolving needs, enabling them to enhance their manufacturing processes and develop innovative products. Honeywell offers a diverse range of products and services across its business segments. The company specializes in producing auxiliary power units, propulsion engines, avionics systems, flight safety equipment, and advanced systems and instruments in the aerospace sector.

Kapur’s extensive industry knowledge and leadership skills contribute to Honeywell’s growth and success. Honeywell’s advanced materials are utilized in producing bullet-resistant armor, nylon, computer chips, and pharmaceutical packaging, among other applications. Right now, 3M is sporting a Zacks Rank of #2 (Buy), while Honeywell International Inc. has a Zacks Rank of #3 (Hold). This means that MMM’s earnings estimate revision activity has been more impressive, so investors should feel comfortable with its improving analyst outlook.

A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return. The monthly returns are then compounded to arrive at the annual return. Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations.

The company issued revenue guidance of $36.70 billion-$37.30 billion, compared to the consensus revenue estimate of $37.01 billion. The company employs various strategies to mitigate potential risks, including diversification across industries, regions, and customer segments. Proactively monitoring market conditions, continuous innovation, and operational excellence contribute to risk mitigation.

Honeywell International declared a quarterly dividend on Friday, July 28th. Investors of record on Friday, August 11th will be given a dividend of $1.03 per share on Friday, September 1st. The company is scheduled to release its next quarterly earnings announcement on Thursday, October 26th 2023. Identifying and capitalizing on growth opportunities is crucial for Honeywell’s long-term success. The company has several avenues for growth based on market trends, emerging technologies, and customer needs.

Which Is A Better Pick – Honeywell Stock Or Amgen?

Click the link below and we’ll send you MarketBeat’s list of seven stocks and why their long-term outlooks are very promising. MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

The P/B ratio is used to compare a stock’s market value with its book value, which is defined as total assets minus total liabilities. Get this delivered to your inbox, and more info about our products and services. Ken West, CEO of Honeywell UOP, how the company’s technologies are helping facilitate the clean energy transition. We’d like to share more about how we work and what drives our day-to-day business. Transparency is how we protect the integrity of our work and keep empowering investors to achieve their goals and dreams. And we have unwavering standards for how we keep that integrity intact, from our research and data to our policies on content and your personal data.

These solutions are designed to enhance aircraft performance, safety, and efficiency. High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks.

Key Earnings Data

Investors interested in stocks from the Diversified Operations sector have probably already heard of 3M (MMM Quick QuoteMMM – Free Report) and Honeywell International Inc. (HON Quick QuoteHON https://1investing.in/ – Free Report) . But which of these two companies is the best option for those looking for undervalued stocks? A quarterly cash dividend of $1.03 per share of Class A Common Stock.

This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. Since 1988 it has more than doubled the S&P 500 with an average gain of +24.32% per year. These returns cover a period from January 1, 1988 through July 31, 2023. Zacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during that particular month.

Honeywell International Inc. (HON) Stock Moves -0.27%: What You Should Know

The scores are based on the trading styles of Value, Growth, and Momentum. There’s also a VGM Score (‘V’ for Value, ‘G’ for Growth and ‘M’ for Momentum), which combines the weighted average of the individual style scores into one score. Data are provided ‘as is’ for informational purposes only and are not intended for trading purposes. Data may be intentionally delayed pursuant to supplier requirements. © 2023 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided ‘as-is’ and solely for informational purposes, not for trading purposes or advice, and is delayed.

Honeywell can leverage the increasing demand for fuel-efficient engines, advanced avionics, and connectivity solutions in the aerospace sector. The company’s ongoing investments in research and development enable it to deliver innovative solutions that enhance flight safety, efficiency, and connectivity. Honeywell International Inc. is a renowned leader in the technology and manufacturing industry, providing innovative solutions to customers worldwide. The company’s mission is to invent and manufacture technologies that address critical global challenges while improving the quality of life and the environment. Honeywell’s commitment to excellence, sustainability, and corporate social responsibility guides its operations and strategic decisions. Value investors analyze a variety of traditional, tried-and-true metrics to help find companies that they believe are undervalued at their current share price levels.

What is Honeywell International Inc’s stock style?

Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations. Honeywell is one of the strongest multi-industry firms in operation today. We think the firm has successfully pivoted to capture multiple ESG trends, including the need to drive energy efficiency, reduce emissions, and e-commerce, among others. In the safety and productivity solutions segment, Honeywell can capitalize on the increasing focus on workplace safety, operational efficiency, and data-driven decision-making. Honeywell can benefit from the growing adoption of intelligent building solutions and sustainable practices within the building technologies segment.

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Nearly 6 in 10 retailers plan to adopt AI, machine learning and computer vision technologies within the next year CHARLOTTE, N.C. Company becomes the first to integrate quantum-computing-hardened encryption keys into smart meters for gas, water and electric utilities Quantinuum’s advanced technology provides heightened protectio… The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%. An industry with a larger percentage of Zacks Rank #1’s and #2’s will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4’s and #5’s.

• Proactively monitoring market conditions, continuous innovation, and operational excellence contribute to risk mitigation.
• Zacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during that particular month.
• As an investor, you want to buy stocks with the highest probability of success.
• For example, you’ll be surprised at how counter-intuitive the stock valuation is for Honeywell vs. Amkor.

The company must continue to innovate, invest in research and development and differentiate its products and services to maintain its competitive edge. Honeywell’s competitive advantages in pursuing these growth opportunities lie in its extensive expertise, global reach, and strong customer relationships. HON slipped 0.6% banner advertising examples in premarket trading Thursday, after the aerospace and defense company reported second-quarter profit that topped expectations but revenue that … According to 15 analysts, the average rating for HON stock is “Buy.” The 12-month stock price forecast is $211.47, which is an increase of 9.55% from the latest price.