How Honeywell’s PMT Segment Performed in 1Q17
Honeywell’s (HON) Performance Materials and Technologies (or PMT) segment is HON’s third largest revenue contributor.
On April 24, 2017, 21 brokerage companies were actively tracking Honeywell (HON) stock. 81% of these analysts recommended a “buy” on the stock, and 19% recommended a “hold.”
HON’s SPS segment’s strong performance was primarily driven by the acquisition of Intelligrated.
Honeywell’s (HON) Aerospace segment is the company’s largest revenue contributor and accounted for 37.4% of the company’s total revenue in 1Q17.
Honeywell’s (HON) Home and Building Technologies (or HBT) segment is a new segment that began reporting in 3Q16.
Honeywell (HON) reported revenue of $9.49 billion in 1Q17, a decline of 0.3% year-over-year as compared to $9.52 billion in 1Q16.
Honeywell (HON) announced its 1Q17 earnings on April 21, 2017. HON reported earnings per share (or EPS) of $1.71 for the quarter.
At present, Honeywell stock is trading at a premium compared to peer United Technologies after HON declared strong 4Q16 and full-year earnings on January 27, 2017.
As of February 21, 2017, 22 brokerage firms were tracking the Honeywell (HON) stock actively. 82% of these analysts recommended the stock as a “buy.”
On February 21, 2017, Honeywell (HON) stock closed at $124.71.
On February 9, 2017, Honeywell (HON) announced a dividend of $0.67 per share for 1Q17 on the company’s outstanding common stock.
Honeywell (HON) stock has been on the rise since the beginning of 2017. On a year-to-date (or YTD) basis, HON has risen 7.9%.
As of January 20, 2017, HON traded at a one-year forward PE multiple of 16.70x.
As of January 20, 2017, 22 brokerage firms were actively tracking Honeywell (HON) stock.
As of January 20, 2017, Wall Street analysts expect Honeywell (HON) to post adjusted EPS (earnings per share) of $1.74 in 4Q16.
Honeywell (HON) is announcing its 4Q16 earnings on January 27, 2017.
Honeywell (HON) is set to announce its 4Q16 earnings on January 27, 2017, before the market opens.
As of November 19, the respective PE ratios of Esterline Technologies, Ametek, Heico, Woodward, and Triumph were 18.8x, 22.4x, 27.2x, 17.5x, and 11.9x.
Esterline Technologies has a market cap of $2.4 billion. Its year-to-date price movement has been falling quarter-over-quarter until its 4Q15 earnings report.
Let’s compare Elbit Systems to peers. The PE ratios of Elbit, Northrop Grumman, Rockwell Collins, and Harris are 21.5x, 17.4x, 17.0x, and 24.6x, respectively.