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18 minutes ago
- Business
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Honeywell International Inc. (HON) Registers a Bigger Fall Than the Market: Important Facts to Note
In the latest close session, Honeywell International Inc. (HON) was down 1.16% at $235.30. This change lagged the S&P 500's 0.4% loss on the day. Elsewhere, the Dow lost 0.98%, while the tech-heavy Nasdaq added 0.18%. Coming into today, shares of the company had gained 6.23% in the past month. In that same time, the Conglomerates sector gained 7.02%, while the S&P 500 gained 4.97%. Analysts and investors alike will be keeping a close eye on the performance of Honeywell International Inc. in its upcoming earnings disclosure. The company's earnings report is set to go public on July 24, 2025. The company is predicted to post an EPS of $2.64, indicating a 6.02% growth compared to the equivalent quarter last year. Simultaneously, our latest consensus estimate expects the revenue to be $10.02 billion, showing a 4.6% escalation compared to the year-ago quarter. Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $10.4 per share and revenue of $40.21 billion. These totals would mark changes of +5.16% and +4.44%, respectively, from last year. It is also important to note the recent changes to analyst estimates for Honeywell International Inc. These recent revisions tend to reflect the evolving nature of short-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential. Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system. Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. The Zacks Consensus EPS estimate has moved 0.23% higher within the past month. Honeywell International Inc. currently has a Zacks Rank of #3 (Hold). In the context of valuation, Honeywell International Inc. is at present trading with a Forward P/E ratio of 22.89. Its industry sports an average Forward P/E of 18.67, so one might conclude that Honeywell International Inc. is trading at a premium comparatively. One should further note that HON currently holds a PEG ratio of 2.71. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. The average PEG ratio for the Diversified Operations industry stood at 2.01 at the close of the market yesterday. The Diversified Operations industry is part of the Conglomerates sector. This group has a Zacks Industry Rank of 94, putting it in the top 39% of all 250+ industries. The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. Ensure to harness to stay updated with all these stock-shifting metrics, among others, in the next trading sessions. 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 Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
19 minutes ago
- Business
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Autodesk (ADSK) Falls More Steeply Than Broader Market: What Investors Need to Know
In the latest close session, Autodesk (ADSK) was down 1.9% at $288.96. The stock trailed the S&P 500, which registered a daily loss of 0.4%. At the same time, the Dow lost 0.98%, and the tech-heavy Nasdaq gained 0.18%. Prior to today's trading, shares of the design software company had lost 1.59% lagged the Computer and Technology sector's gain of 6.34% and the S&P 500's gain of 4.97%. Analysts and investors alike will be keeping a close eye on the performance of Autodesk in its upcoming earnings disclosure. The company's upcoming EPS is projected at $2.44, signifying a 13.49% increase compared to the same quarter of the previous year. Alongside, our most recent consensus estimate is anticipating revenue of $1.73 billion, indicating a 14.65% upward movement from the same quarter last year. For the full year, the Zacks Consensus Estimates project earnings of $9.64 per share and a revenue of $6.97 billion, demonstrating changes of +13.81% and +13.67%, respectively, from the preceding year. Investors might also notice recent changes to analyst estimates for Autodesk. Such recent modifications usually signify the changing landscape of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook. Our research suggests that these changes in estimates have a direct relationship with upcoming 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, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 0.12% upward. Autodesk is holding a Zacks Rank of #3 (Hold) right now. Investors should also note Autodesk's current valuation metrics, including its Forward P/E ratio of 30.56. This expresses a premium compared to the average Forward P/E of 28.28 of its industry. One should further note that ADSK currently holds a PEG ratio of 1.94. 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 the market closed yesterday, the Internet - Software industry was having an average PEG ratio of 2.18. The Internet - Software industry is part of the Computer and Technology sector. This industry, currently bearing a Zacks Industry Rank of 64, finds itself in the top 26% echelons of all 250+ industries. The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. Ensure to harness to stay updated with all these stock-shifting metrics, among others, in the next trading sessions. 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 Autodesk, Inc. (ADSK) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
an hour ago
- Business
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GE Aerospace (GE) Q2 Earnings: What To Expect
Industrial conglomerate GE Aerospace (NYSE:GE) will be announcing earnings results this Thursday morning. Here's what to expect. GE Aerospace missed analysts' revenue expectations by 7.9% last quarter, reporting revenues of $9.00 billion, up 11.5% year on year. It was a satisfactory quarter for the company, with a solid beat of analysts' EBITDA estimates but full-year EPS guidance missing analysts' expectations. Is GE Aerospace a buy or sell going into earnings? Read our full analysis here, it's free. This quarter, analysts are expecting GE Aerospace's revenue to grow 15.8% year on year to $9.52 billion, improving from the 4% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $1.43 per share. Heading into earnings, analysts covering the company have grown increasingly bearish with revenue estimates seeing 8 downward revisions over the last 30 days (we track 13 analysts). Looking at GE Aerospace's peers in the industrial machinery segment, only Worthington has reported results so far. It beat analysts' revenue estimates by 5.6% and delivered flat year-on-year revenue. The stock traded up 1.8% on the results. Read our full analysis of Worthington's earnings results here. There has been positive sentiment among investors in the industrial machinery segment, with share prices up 4.9% on average over the last month. GE Aerospace is up 11.8% during the same time and is heading into earnings with an average analyst price target of $259.95 (compared to the current share price of $264.50). When a company has more cash than it knows what to do with, buying back its own shares can make a lot of sense–as long as the price is right. Luckily, we've found one, a low-priced stock that is gushing free cash flow AND buying back shares. Click here to claim your Special Free Report on a fallen angel growth story that is already recovering from a setback. StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
an hour ago
- Business
- Yahoo
What To Expect From PepsiCo's (PEP) Q2 Earnings
Food and beverage company PepsiCo (NASDAQ:PEP) will be reporting results this Thursday before the bell. Here's what to expect. PepsiCo beat analysts' revenue expectations by 0.7% last quarter, reporting revenues of $17.92 billion, down 1.8% year on year. It was a mixed quarter for the company, with a decent beat of analysts' organic revenue estimates but a slight miss of analysts' EPS estimates. Is PepsiCo a buy or sell going into earnings? Read our full analysis here, it's free. This quarter, analysts are expecting PepsiCo's revenue to be flat year on year at $22.35 billion, slowing from its flat revenue in the same quarter last year. Adjusted earnings are expected to come in at $2.03 per share. Heading into earnings, analysts covering the company have grown increasingly bearish with revenue estimates seeing 5 downward revisions over the last 30 days (we track 10 analysts). PepsiCo has missed Wall Street's revenue estimates five times over the last two years. Looking at PepsiCo's peers in the consumer staples segment, some have already reported their Q2 results, giving us a hint as to what we can expect. Constellation Brands's revenues decreased 5.5% year on year, missing analysts' expectations by 1.5%, and McCormick reported flat revenue, in line with consensus estimates. Constellation Brands traded up 4.5% following the results while McCormick was also up 3.6%. Read our full analysis of Constellation Brands's results here and McCormick's results here. Investors in the consumer staples segment have had steady hands going into earnings, with share prices flat over the last month. PepsiCo is up 1.9% during the same time and is heading into earnings with an average analyst price target of $147.70 (compared to the current share price of $133.94). Here at StockStory, we certainly understand the potential of thematic investing. Diverse winners from Microsoft (MSFT) to Alphabet (GOOG), Coca-Cola (KO) to Monster Beverage (MNST) could all have been identified as promising growth stories with a megatrend driving the growth. So, in that spirit, we've identified a relatively under-the-radar profitable growth stock benefiting from the rise of AI, available to you FREE via this link. StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here.
Yahoo
an hour ago
- Business
- Yahoo
Earnings To Watch: Snap-on (SNA) Reports Q2 Results Tomorrow
Professional tools and equipment manufacturer Snap-on (NYSE:SNA) will be announcing earnings results this Thursday before market open. Here's what to look for. Snap-on missed analysts' revenue expectations by 4.1% last quarter, reporting revenues of $1.24 billion, down 3% year on year. It was a disappointing quarter for the company, with a significant miss of analysts' adjusted operating income estimates and a significant miss of analysts' EBITDA estimates. Is Snap-on a buy or sell going into earnings? Read our full analysis here, it's free. This quarter, analysts are expecting Snap-on's revenue to decline 2% year on year to $1.25 billion, a deceleration from its flat revenue in the same quarter last year. Adjusted earnings are expected to come in at $4.63 per share. Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Snap-on has missed Wall Street's revenue estimates five times over the last two years. Looking at Snap-on's peers in the industrial machinery segment, only Worthington has reported results so far. It beat analysts' revenue estimates by 5.6% and delivered flat year-on-year revenue. The stock traded up 1.8% on the results. Read our full analysis of Worthington's earnings results here. There has been positive sentiment among investors in the industrial machinery segment, with share prices up 4.9% on average over the last month. Snap-on's stock price was unchanged during the same time and is heading into earnings with an average analyst price target of $322.39 (compared to the current share price of $313.07). Unless you've been living under a rock, it should be obvious by now that generative AI is going to have a huge impact on how large corporations do business. While Nvidia and AMD are trading close to all-time highs, we prefer a lesser-known (but still profitable) semiconductor stock benefiting from the rise of AI. Click here to access our free report on our favorite semiconductor growth story. StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
