I’ve been keeping an eye on Honeywell International Inc. (NYSE:HON) because I’m attracted to its fundamentals. Looking at the company as a whole, as a potential stock investment, I believe HON has a lot to offer. Basically, it is a financially-robust , dividend-paying company with a an impressive track record of performance. Below is a brief commentary on these key aspects. For those interested in understanding where the figures come from and want to see the analysis, read the full report on Honeywell International here.
Established dividend payer with proven track record
In the past couple of years, HON has ramped up its bottom line by over 100%, with its latest earnings level surpassing its average level over the last five years. This illustrates a strong track record, leading to a satisfying return on equity of 37%, which is an notable feat for the company. HON’s strong financial health means that all of its upcoming liability payments are able to be met by its current cash and short-term investment holdings. This implies that HON manages its cash and cost levels well, which is a key determinant of the company’s health. HON’s has produced operating cash levels of 0.4x total debt over the past year, which implies that HON’s management has put its borrowings into good use by generating enough cash to cover a sufficient portion of borrowings.
For those seeking income streams from their portfolio, HON is a robust dividend payer as well. Over the past decade, the company has consistently increased its dividend payout, reaching a yield of 2.1%.
For Honeywell International, there are three important factors you should further research:
- Future Outlook: What are well-informed industry analysts predicting for HON’s future growth? Take a look at our free research report of analyst consensus for HON’s outlook.
- Valuation: What is HON worth today? Is the stock undervalued, even when its growth outlook is factored into its intrinsic value? The intrinsic value infographic in our free research report helps visualize whether HON is currently mispriced by the market.
- Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of HON? Explore our interactive list of stocks with large potential to get an idea of what else is out there you may be missing!
We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.
If you spot an error that warrants correction, please contact the editor at firstname.lastname@example.org. This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.