What changed
$HON — HOLD 📊
Honeywell International Inc.
🎯 Q1 FY26 | Rev $9B | EPS $2.45 vs $2.32 🟢
💡 Consensus expects modest growth and stable margins in line with guidance. My variant view is that the market is underweighting the cash flow deterioration and revenue weakness, which may limit multiple expansion, keeping the stock range-bound.
📉 Reward/Risk: 1.1:1
🏢 Business Quality: 7/10 - Strong diversified industrial portfolio with high margins, but recent cash flow and revenue execution issues temper quality.
📊 Valuation: fair - trading at ~20x forward P/E, in line with historical averages and industrial peers; EV/EBITDA likely similar; FCF yield negative TTM; no clear...
🔮 Catalyst: Next earnings (Q2 2026) with possible pre-announcements; no imminent catalyst
💰 Entry: entry $209.09, stop $190, target $231
Also in play: $CAT $DE $CMI $PCAR $OSK $CMC