Honeywell International Inc. (HON) – Backlog reaching new records

Honeywell International Inc. (HON) (Q1FY23)

Introduction

Honeywell International Inc. operates as a diversified technology and manufacturing company worldwide. Its Aerospace segment offers auxiliary power units, propulsion engines, integrated avionics, environmental control and electric power systems, engine controls, flight safety, communications, navigation hardware, data and software applications, radar and surveillance systems, aircraft lighting, advanced systems and instruments, satellite and space components, and aircraft wheels and brakes; spare parts; repair, overhaul, and maintenance services; and thermal systems, as well as wireless connectivity and management services.

The company’s Honeywell Building Technologies segment provides software applications for building control and optimization; sensors, switches, control systems, and instruments for energy management; access control; video surveillance; fire products; and installation, maintenance, and upgrades of systems.

Its Performance Materials and Technologies segment offers automation control, instrumentation, and software and related services; catalysts and adsorbents, equipment, and consulting; and materials to manufacture end products, such as bullet-resistant armor, nylon, computer chips, and pharmaceutical packaging, as well as provides materials based on hydrofluoro-olefin technology.

The company’s Safety and Productivity Solutions segment provides personal protection equipment, apparel, gear, and footwear; gas detection technology; cloud-based notification and emergency messaging; mobile devices and software; supply chain and warehouse automation equipment, and software solutions; custom-engineered sensors, switches, and controls; and data and asset management productivity software solutions.

Highlights

HON announced an agreement to acquire Compressor Controls Corporation (CCC), a leading provider of the machinery control and optimization solutions, including controlled hardware, software and services, for $670mn in all cash transactions.

Stock Performance

Over the past 3 years, HON generated returns of 37% where the stock price surged from $146.63 in Jun 15, 2020 to $201.11 in Jun 13, 2023. The stock had a 200-Day Moving Average of $197.29 and a 50-Day Moving Average of $195.71.

In the past 1 year, Honeywell International delivered returns of 11% where the stock price increased from $180.51 in Jun 21, 2022 to $201.11 in Jun 13, 2023. The stock had a 52 Week High of $220.96 and a 52 Week Low of $166.63.

Over the past 3 months, HON generated returns of 7% where the stock price increased from $188.12 in Mar 15, 2023 to $201.11 in Jun 03, 2023.

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Highlights

Valuation

– Enterprise Value
– CrispIdea Forecast
– CrispIdea Segment Forecast
– Economic Value Added Analysis
– P/E Analysis
– Peer Valuation
– CrispIdea Forecast Relative to Consensus
– Consensus History and Surprise
– Consensus Momentum

Actual & Historical Performance

– Income Statement
– Balance Sheet
– Cash Flow
– 10 Year Historical Performance
– Ratio Analysis
– Du Pont Analysis
– ROIC & ROCE Analysis
– Segment Performance
– M&A Deals

Peer Performance

– Summary
– Profitability
– Growth
– Price Performance

Ownership

Stock Price Performance

Crispidea Coverage

No of Pages : 32

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