Honeywell International, Inc. - Value Alert
Texas (May 21, 2013) Wax Ink has issued a Loss of Investment Interest rating for Honeywell International, Inc. (NYSE: HON) based on a recent baseline equity review which placed fair value between $36-$45.
The recent close of $80.53 is approximately 277% above the fair value buy target for the stock and approximately 83% above the fair value close target for the stock. The recent close is also 1% above analysts’ $80.00 median target for the stock.
The recent close represents an 34% increase in price since the last baseline equity review was conducted in October 2012.
The stock currently has a trailing twelve-month PE Ratio of 17, and a PEG Ratio of 1.4 basis estimated forward earnings growth of 12%.
In the past 52 weeks, share prices have moved between a high of $81.24 and a low of $52.21, placing equilibrium at $70.87.
With the recent close, the stock is trading 1% below the 52 week high, 35% above the 52 week low, and 12% above equilibrium, on an average daily trading volume of 2.53 million shares.
Honeywell International, Inc.operates as a diversified technology and manufacturing company worldwide.
All valuations are based on the listed company's most recent SEC annual filing, and all prices are per share.
Wax Ink currently has no investment position in the company mentioned in this alert.
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