Stock Update (NYSE:HON): Honeywell Reports Full-Year 2015 Sales Of $38.6 Billion; Earnings Up 10% To $6.10

[PR Newswire] – MORRIS PLAINS, N.J., Jan. 29, 2016 /PRNewswire/ — Honeywell ( NYSE: HON ) today announced results for the fourth quarter and full-year of 2015: Total Honeywell ($ Millions, except Earnings Per Share) … Read more on this. Honeywell International Inc. (HON) , valued at $78.64B, finished yesterday at $97.97. Today’s price range has been between $99.88 and $102.23 per share and has traded between $87.00 and $107.41 over the past year. Honeywell (HON) shares are currently priced at 16.06x this year’s forecasted earnings, which makes them relatively expensive compared to the industry ’s 13.73x earnings multiple for the same period. And for dividend hunters, the company pays shareholders $2.38 per share annually in dividends, yielding 2.42%. In a review of the consensus earnings estimate this quarter, 20 sell-side analysts are looking at $1.58 per share, which would be $0.15 better than the year-ago quarter and a $0.01 sequential decrease. Furthermore, our analysis shows the full-year EPS estimate to be $6.10, which would be a $0.54 improvement when compared to the last year’s annual results. The quarterly earnings estimate is predicated on a consensus revenue forecast of $9.98 Billion. If reported, that would be a 2.82% decrease over the year-ago quarter. More recently, UBS Initiated HON at Neutral (Jan 22, 2015). Previously, Stifel Nicolaus Initiated HON at to Buy. The average price target for HON shares by the analysts covering the stock is $115.20, which is 17.59% above where the stock opened this morning. See more in (NYSE:HON) Similar Articles: Stock Update: Honeywell International Inc (NYSE:HON) – Honeywell To Present At Deutsche Bank Global Auto Industry Conference Market Update: Honeywell International Inc (NYSE:HON) – Honeywell To Increase Dividend By 15% Effective In The Fourth Quarter 2015 Market Update (NYSE:HON): Honeywell Reports Third Quarter 2015 Sales Of $9.6 Billion; EPS Of $1.60 Per Share; Confirms 2015 EPS Guidance At ~$6.10, Up ~10%